In times of uncertainty in the global business landscape, the organizations that are quick to adapt and respond to change are the ones that survive crises such as the pandemic. In the past five years and especially during the pandemic, global organizations have been under tremendous pressure to adopt digital transformation to survive. The truth is that […]
Promoting Data-Driven Collaboration with an Enhanced Business Model Canvas
The number of organizations undertaking digital transformation initiatives continues to grow as businesses seek to increase profits using digitization and automation. The potential impact of digital transformation can be significant, so the stakes are high, as is the value of available data. According to IDC, $1.8 trillion will be spent on digital transformation in 2022, an increase of nearly […]
iPaaS Is Broken – Here’s How to Fix It
An Integration Platform as a Service (iPaaS) can help businesses obtain the full value of their software investments, delivering speed, agility, and scalability, along with a host of other benefits. But the current approach to iPaaS is instead holding businesses back. As the pace of digital transformation has kicked into overdrive in recent years, IT teams and […]
Transformational Inertia: Why So Few Digital Transformation Projects Succeed
Over the last 20 years of our experience helping companies achieve innovation and digital transformation success, we have observed that there are three critical resources an enterprise has at its disposal, that must be leveraged in an optimal way, to create success. Namely: time, political support, and investment capital – all of which tend to […]
Data Protection: An Essential Element of Any Digital Transformation Strategy
According to an annual cybersecurity report by Cisco, cyber-attacks are more advanced than ever before. Phishing, ransomware, social engineering, and trojans are the most active threats. Globally, the average total cost of a data breach is around $4.35 million, which increased by 2.6% compared to 2021, according to IBM’s most recent Cost of a Data Breach […]
Achieving Digital Resiliency and Agility with Organizational Change Management
IDC’s recent Future Enterprise Resiliency and Spending survey found that 65% of global decision-makers expect concerns about supply chain disruption, inflation, labor shortages, geopolitical tensions, and COVID variants to continue restraining the pace of recovery in global economic activity through the last quarter of the year and into 2023. The biggest challenge that companies face today is managing through […]
APIs and Data Sharing: Key Challenges to Address
Realizing the full potential of real-time data sharing among partners in an organization’s ecosystem is a crucial component of digital transformation. For digital businesses to progress quickly, it will take more than just better data management and more insightful analysis. All of these endeavors should result in quantifiable gains for the company. According to Gartner, “Data […]
Three Tips to Smarten Your Digital Transformation Strategy
The COVID-19 pandemic accelerated organizations’ digital transformation efforts, regardless of whether they were ready for it or not. Now, as businesses have adjusted their plans to factor in the ongoing effects of the pandemic, digital transformation has become not just a business initiative, but one of high priority. In fact, Gartner found that digital transformation is now […]
Developing a Digital Transformation Roadmap
Digital transformation is about more than just digital technologies. It is also about organizations adopting new cultures, structures, and processes that will align with IT architecture, leading to comprehensive digital solutions. A digital transformation roadmap is defined as a process illustrating how an organization can adopt digital technologies to meet business objectives. This roadmap includes a series of steps […]
How AI and RPA Work Together to Simplify Business Processes
As more businesses embark on digital transformations and begin exploring ways AI can be utilized, combining AI with robotic process automation (RPA) stands out as a way to unlock a massive return on investment. AI compliments RPA, which helps eliminate repetitive processes from a worker’s day-to-day experience. With RPA or software robots handling the more […]