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.
IT Archives - Page 15 of 42 - Opus Solution
In this age where countless goods are manufactured, shipped and sold around the world every hour, customers expect prompt delivery of their orders to their doorsteps without delay. Manufacturers, meanwhile, are looking for ways to solve supply chain challenges, global competition and changing consumer demands. Read More
Last year, I came across a project pitch for an international lingerie brand. The brand’s objective was to grow its e-commerce business and develop omnichannel offerings to increase engagement with an older customer base—women in their 40s and 50s. Read More
Opus Solution is very honored to sponsor and accompany TECH STARTUP CHALLENGER 2023, organized by Ton Duc Thang University Read More
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
Customer journeys are increasingly digitized and seamless across industries like retail, media and entertainment, financial services and healthcare. Similar to how customers expect seamless digital journeys, employees expect consumer-centric experiences at work as they get at home watching their favorite show on a streaming service. Read More
Smart contracts have become an integral part of the booming cryptocurrency market. At a base level, they are automatically executing contracts coded and stored on the blockchain that provides the basis for creating all manner of functions, including building decentralized applications (dApps), creating ERC-20 tokens, and minting non-fungible tokens (NFTs). Read More
Covid-19 disrupted the manufacturing industry and was critical to many companies’ fast-tracked adoption of digital transformation. Although many innovations rolled out pre-pandemic, adoption was slow. The pandemic gave us a legacy of accelerated digital transformation adoption and is considered the biggest driver of digital transformation in recent times. Manufacturers were forced to make considerable investments to adapt their operations to the new normal to retain market share. Read More
Learn the basics of contract management.
- Contract management is when someone takes on the responsibility of managing contracts for employees or vendors or other parties.
- Contract managers need legal knowledge to accurately lead the contract management process.
- Not all companies have set contract managers, but major defense firms or companies that frequently work with the government tend to use contract managers
Organizations of all sizes are increasingly becoming aware that big IT projects are never just about updating technologies. With big moves comes the opportunity and need to harmonize, standardize and automate business processes and foster an integrative way of working. For employees, it’s not just about learning new processes or acquiring new skillsets. Real change requires involvement, complicity, and adopting the right mindset. Read More
