Remove Consulting Remove Cost-Benefit Remove Digital Transformation Remove Optimization
article thumbnail

How to create a robust digital transformation strategy

IBM Big Data Hub

Organizations are increasingly investing in digital transformation as a way to maintain or grow a competitive advantage. A tried-and-true way to approach digital transformation is to understand the relationship customers have with the product and the brand, where that relationship currently falls short, and how it can be improved.

article thumbnail

MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

10 ways to accelerate digital transformation

CIO Business Intelligence

If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digital transformation, according to CIOs, researchers, and analysts.

article thumbnail

The Failed Promises of Digital Transformation and What to Do About It

Ontotext

Digital Transformation, which has been a top priority for CEOs and boards of directors for many years, has had mixed results. Management consultants regularly point to many of the root causes, but they often overlook a glaring common thread. Let’s be frank. Leaving this to chance is both slow and costly.

article thumbnail

5 common consultant negotiation tactics and how to protect your interests

CIO Business Intelligence

To execute a successful digital transformation initiative, you are likely to establish consulting provider relationships. Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit.

article thumbnail

Supercharging Your Digital Transformation with Embedded Analytics

Sisense

In Transform to Win , we explore the challenges facing modern companies, diving into their individual digital transformations and the people who drive them. This is a key element of a digital transformation. Digital transformation has proven benefits. Become data-driven to succeed.

article thumbnail

IBM and Tata Consulting Services collaborate to drive hybrid cloud adoption with IBM Power Virtual Server

IBM Big Data Hub

Tata Consultancy Services (TCS) is a global information technology services and consulting company with headquarters in Mumbai, India. TCS has deep expertise in digital and business solutions, engineering, and IT infrastructure services. This infrastructure was limiting the client’s ability to meet user and market demands.