All posts by admin

Three Ways CIOs Are Rethinking Digital Transformation

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The World Bank predicts that global growth will average 2.2% through the rest of this decade. This is the lowest rate in 30 years and makes economic uncertainty the latest challenge for organizations to overcome. As a result, CIOs need to rethink how they approach digital transformation. After several years of constant disruption, the days of simply adding more and more technology to drive transformation must be firmly in the rearview mirror. Read More

Why Digital Transformation Is More About People Than Technology

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NASA is known for many inventions, but some people don’t know the unique means by which NASA is able to innovate: through creating “challenges” and inviting the general public to solve them. As NASA states, these challenges “offer several unique benefits and can result in a variety of valuable outcomes.” Two of the benefits of this approach that NASA cites are that it brings “out-of-discipline perspectives to bear” and goes “beyond the ‘usual suspects’ to increase the number of minds tackling a problem.” Read More

Navigating The Journey Of Digital Transformation In Large Enterprises

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Digital transformation is no longer an option for large enterprises; it’s a necessity for survival. It is a continuous and growing process that brings in automation and technology to streamline businesses. As the world moves towards digitalization, the risk of falling behind increases, and many organizations are struggling to keep up. Things like legacy software, data availability and personalized customer experience require a unique approach to digital transformation. In this article, we’ll explore the journey of digital transformation in large enterprises, how they can overcome the challenges and ultimately enjoy the benefits of digitalization. Read More

The Value of Digital Transformation

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Business leaders, shareholders, and board members have increasingly been saying the same thing — albeit using different words — when it comes to their company’s digital and AI transformations. While 89% of large companies globally have a digital and AI transformation underway, they have only captured 31% of the expected revenue lift and 25% of expected cost savings from the effort.

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Digital Transformation In Finance: How Companies Can Boost Resiliency

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Heading into 2023, many economists predicted that this would be yet another challenging year. Q1 began with the continuation of management teams trimming operating costs in the form of mass layoffs across business industries in attempts to offset an inflationary and high-interest-rate environment and came to a close with industrywide worries about the health of the global banking system following the collapses of Silicon Valley Bank and Credit Suisse. Read More