DOCSLIB.ORG

Cognizant's Pegasystems Capability Overview

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Cognizant's Pegasystems Capability Overview • Cognizant Practice Overview Cognizant’s Pegasystems Capability Overview Pega Capability Overview transformation publication, Forrester Wave (published Q3, 2012). Cognizant’s Pegasystems capability and implementation success is unmatched. Our Pega • Our Clients have won numerous awards for team is the largest sub-practice in our global Cognizant-led projects, including “Crossing the Business Process Management (BPM) Practice, Chasm” and “Business Impact” awards in insurance which has over 2,600 BPM and industry subject matter and the “Innovation” award in health care. experts, architects and developers. We have over • At the FS Tech Award 2013 (UK), a Cognizant 2,000 trained, experienced and certified Pega PRPC Pega implementation at a premier banking and practitioners, including more than 25 CLSAs. Our Pega financial services client was the runner-up in team is augmented by a 100+ strong BPM business the category “best use of IT in insurance.” consulting team and more than 400 dedicated BPM Gartner has stated that our BPM practice’s testers. No one has executed more Pega releases • “strongest competencies are in process tools (900) for more customers (75+) than Cognizant and and assets” and “customer references report we’ve been doing it for more than a decade. that Cognizant is highly skilled at process rationalization.” Recognition Gartner recommends using Cognizant for “SOA- Cognizant was the 2013 Pega Award recipient for • • driven process redesign and process-based solutions, Thought Leadership and Delivering Customer particularly for implementing Pegasystems and Success adding to our previous awards for Oracle BPM [formerly BEA ALBPM], where it has business transformation, Pega expertise and the most extensive track record.” Pega practice excellence. • Cognizant has been selected by Pega to Four Pillars of Success support the Pega-Partner Innovation Center Our Pega implementation approach is underpinned initiative for product upgrades. Through this by our “four pillars of success” -- described in the program, we enable our clients to quickly and following subsections. These create the framework cost-effectively take optimal advantage of for BPM excellence ensuring involvement by the right Pega upgrade features. Cognizant has constituents at the right time to achieve the business developed a five-stage methodology for results expected from a successful Pega implementation. upgrading PRPC applications that integrates This four-pronged approach helps the team identify the best practices and tools offered by and address potential issues ahead of time and deliver Pegasystems with Cognizant’s BPM acumen maximum business value to our clients. and in-house IP-based tools. • Cognizant Business Consulting was named a “leader” by Forrester in its business technology practice overview | august 2013 Product-Based Delivery hospitality, communications, information, media and entertainment, technology, government, etc. • We have numerous trained, experienced and certified Pega architects and developers. Ensuring Faster Time-to-Market Our expertise and experience in supporting • We bring a range of proprietary assets as well as various development methodologies includes accelerators, tools and infrastructure to achieve Waterfall, Iterative and Agile (Scrum). faster time-to-market for new Pega applications, • We leverage our pool of experienced Pega including: delivery leads who have both technical Pega reference artifacts such as BPM CoE knowledge and project management expertise. • roadmap checklist, Pega reference architecture BPM Business Consulting layout, use case estimation template, design and coding standards and many more. • Our team members come from leading business schools with relevant domain experience. • UAA (upgrade assessment and analysis) tool, which generates a set of documents for an We offer analytical rigor, proven methods and • upgrade proposal (an indispensable aid for tools and a focus on addressing the key business managers/business users) as well as an effective issues. analytical mechanism that provides the right • We envision future-state business models to input to the estimation template ensuring address pain points in current processes and precise sizing. we leverage Pega OOTB features to achieve BTP (BPM test processor) that helps automate strategic business objectives. • the generation of test scenarios based on BPM Technology Consulting requirements and BPDs. It also helps in optimizing test design and regression efforts. • Our experienced architects have an average of 10 to 15 years of experience. • BUDGT (business users data generation tool) which is a test data generator tool. This tool We leverage technology to enable agility and • accepts test scenarios, test screen flows and innovation in business processes. test data requirements in specific templates • Pega reference architecture definitions. and generates corresponding test data with the • Architecture definition and review. required integrity. • Pega COE setup and operation. • Homegrown Pega utilities such as its log scheduler, performance monitoring tool, meeting • Performance engineering. scheduler, report scheduling wizard, notifier • Design and code review. utility, preflight management, Web service testing tool, dead code utility, PRPC rule, rule set Pega system administration. • and rule base comparison tools, correspondence • Decision management and mobility. management framework, agent monitoring tool, code review tool, code migration tool, skill- BPM Testing based routing tool, bulk operator creation tool, • Certified and experienced QA professionals dynamic data caching framework and more. with Pega product expertise. • BPM laboratory: We have an advanced BPM • Unique model-driven testing approach for Pega. laboratory setup equipped with multiple software • Host of solution accelerators for optimized and hardware platforms to proactively conduct testing. research and development. This laboratory setup is also used to help customers initiate their • Predefined libraries and frameworks for BPM journey with minimal up-front investments. automation testing of Pega applications. • Proprietary tools such as BTP and BUDGT. Specialized Expertise Cognizant also brings a range of specialized Our industry expertise encompasses all of • skills that can be leveraged depending on the the following: banking and financial services, client’s specific needs: insurance, healthcare, life sciences, retail, travel and practice overview 2 > Strong domain expertise: We have A Multi-dimensional Relationship with extensive domain experience with dedicated Pegasystems business and technology teams spanning key verticals like banking and financial Cognizant is a Pega Global Strategic Platinum services, insurance, healthcare, life sciences, Partner and Pega Authorized PRPC Migration retail and others. Partner (all versions). We began working together with Pega on client projects in 1999. Our > Framework expertise: We have extensive partnership with Pega was formalized in 2003, implementation experience with Pega and since then, both companies – and their mutual PRPC frameworks in areas such as customers – have reaped tremendous benefits accounts opening, KYC, claims processing, from the strong relationship and co-development call center servicing, dispute management, initiatives. The alignment of vertical industries financial investigation, collections, between Cognizant and Pega includes healthcare, clinical management, care management life sciences, insurance and financial services. and customer process management for automating a wide array of business Pega Partnership Highlights processes across multiple domains. Being a Platinum Partner of Pegasystems, > Technology skills: We are a 156,000+-strong Cognizant enjoys a number of benefits, including: company with a range of technology skills in addition to BPM, such as: integration, SOA, • Product training on new Pegasystems products data warehousing, business intelligence, and frameworks. MDM, ERP, SCM, CRM and SaaS. We have • Early access to new releases. dedicated groups focused on SMAC (social, mobile, analytics and cloud) technologies, • Access to cloud instances. complex program management (PIPC) and • Product engineering involvement in the latest enterprise architecture (GTO). BPM projects products and frameworks from Pegasystems. invariably require multiple skills in the L2 and L3 support for Pegasystems products. same team and having access to expertise • on various technologies enables us to • Joint solution development for clients. form multiskilled teams rapidly and begin delivering value to our clients faster. Testimonials > Latest trends: We have been in the Cognizant’s Pega excellence is well recognized across forefront of exploring new trends in BPM Pega. “Pega greatly appreciates Cognizant’s collective and how they can deliver business value commitment to excellence, and Cognizant’s extensive for the customers such as social BPM, Pega experiences and expertise,” said John Barone, cloud BPM and mobile BPM. VP of Global Strategic Alliances at Pega. At Pega’s first annual Partner Excellence Awards, Cognizant • Our business and technology expertise and also won the “excellence in practice development” knowledge drive the delivery of services across award in recognition of the depth and breadth of its the build, deploy and manage continuum. We also Pega practice, thus becoming the only company to engage with customers consultatively, translating win two awards for best-in-class achievements.
Load more

Recommended publications
  • AGS-430 the Digital Transformation Journey Mon Tesv3.Pptx
    THE DIGITAL TRANSFORMATION JOURNEY OF CAREFIRST BLUE CROSS BLUE SHIELD Harish Dwarkanhalli, VP & Global Delivery Head – BPM and Integration, Cognizant Jagdish Singla, Sr. Manager – Enrollment and Billing, CareFirst BCBS Alok Mandal, Principal Architect – BPM and Integration, Cognizant © 2017, COGNIZANT Founded in 1994 (CTSH, Nasdaq) 260,200 Employees (Dec 2016) 100+ Global Delivery Centers Headquarters: Teaneck, NJ Revenue Mix Revenue NA: 78%, Europe: 16%, RoW: 6% $13.49B in 2016 (8.6% YoY) Fortune’s Forbes Newsweek’s 2015 World Green Rankings Most Admired Companies Fast Tech 25 Years in a Row Fortune Forbes Financial Times 500 Global 2000 Global 500 © 2017, COGNIZANT Cognizant’s Pega Practice – Longest Running Partner of Pegasystems 17+ years 100+ 13 Pega Partner Awards 10+ 2,600 long relationship with Pega Active Pega Customers Digital Industry Solutions Pega consultants Consecutive Awards 26,000+ Person yrs. 1500+ 2350+ Certified including Partner excellence 30+ Accelerators of Pega experience Successful Pega Projects consultants and Innovation 50+ Pega 7.x Upgrades 45 CLSA certifications 360⁰ Partnership Winner of 2017 Partner Excellence Award in Driving Customer Success: Winner of 2017 Partner Excellence Award In Driving Customer Success: Practice Breadth Practice Breadth & Depth & Depth © 2017, COGNIZANT Pega & Cognizant HealthCare Journey: Delivering Benefits Across Value Chain Capacity to handle individual Productivity per CSR 500% application for large Blue 24% for large Payer Average Call Handling Time Onboarding Time for large
    [Show full text]
  • Hands-On Implementation of Pega's 'Wrap-And-Renew
    • Cognizant 20-20 Insights Hands-on Implementation of Pega’s ‘Wrap-and-Renew’ Solution for Aging Siebel CRM Systems Organizations with large investments in Siebel CRM software implementations that want a lower-cost, feature-rich, standard- protocol option to renew their system can follow these step-by-step instructions and determine if the Pegasystems solution is the right fit. Executive Summary management (CRM). Organizations typically make large investments in their CRM systems and often As businesses grow and evolve, their objectives have spent years deploying them. And while their can reach beyond the capabilities of their existing CRM implementations at one time may have sup- technology investments. Often, these invest- ported their customer lifecycle effectively, new ments are substantial not only in terms of costs, demands — including increased customer expecta- but also in terms of their tight integration with tions, exploding volumes of information, emerging operations — and the resulting reliance on them channels and multiple customer touch points — by the business and users. drive the need to extend these legacy implemen- By modernizing their existing technology to tations beyond their existing configurations. support shifting business needs, organiza- While the CRM vendor landscape has changed tions can retain and build on their systems — as over the years, a substantial percentage of orga- opposed to a more drastic “rip and replace” alter- nizations around the world continue to utilize native that: Siebel as their CRM system. This white paper • Negates the company’s original investment. presents a focused and effective approach that • May involve time-consuming development and offers these organizations the opportunity to implementation.
    [Show full text]
  • Customer Engagement Summit Healthcare
    CUSTOMER ENGAGEMENT SUMMIT HEALTHCARE OCTOBER 29, 2019 BOSTON, MA Agenda | Customer Engagement Summit: Healthcare | October 29 9 :00 AM Registration and Breakfast Welcome & Introduction Kelli Bravo 10:00 AM Vice President, Healthcare and Life Sciences, Pegasystems Susan Taylor Vice President of Payer Core Admin, Pegasystems The Heart of Digital Transformation 10:15 AM Alan Trefler Founder and CEO, Pegasystems Social Determinants and Health-Driven Innovative Benefit Designs 10:45 AM Consumerism, operationalizing Social Determinants of Health, and employer sponsored health plans. These seemingly disparate industry trends are creating unique opportunities for benefit design that can unlock value and deliver new levels of alignment. Dr. Goldberg will discuss these trends and how employers and payers are responding. Steven E. Goldberg, MD, MBA VP, Medical Affairs, Population Health and Chief Health Officer, Health & Wellness, Quest Diagnostics Driving Proactive Service and Responsive Benefits to Thrill Members 11:15 AM Jonathan Kelly Director, Solutions Consulting - Healthcare, Pegasystems Engagement Panel Consumerism in healthcare: More than consumer choice and impacting engagement, operations, and profitability across healthcare and life sciences organizations Organizations delivering on consumerism are creating integrated offerings that address a real customer need, transform experience, and unlock value. For HC and LS organizations to transform, they need to look from a future consumer-centric experience back to today and create a map
    [Show full text]
  • AWS Re:Invent 2019
    Research Note: AWS re:Invent 2019 Rajeev Chand Partner and Head, Research Amazon’s 8th annual re:Invent was held December 2-6, 2019, in Las Vegas. The [email protected] conference is one of the largest enterprise tech gatherings globally, second only to Salesforce’s Dreamforce. This year’s re:Invent had 65,000 attendees, which is more Olivia Rodberg than double the 30,000 attendees in 2016. Research Associate [email protected] re:Invent, as a vendor-specific conference, focused on sessions with Amazon executives, technologists, and partners introducing, discussing, and evangelizing AWS products and services. However, in hallway conversations and private meetings, attendees discussed and debated industry trends and challenges in cloud businesses Wing Venture Capital and technologies. 480 Lytton Avenue Palo Alto, CA 94301 At this year’s conference, Wing’s research team hosted the Wing Summit: re:Invent, an exclusive, invitation-only dialogue with 40 chief information officers and chief technology officers. In addition, during two days at the conference, we held 20 one-on- meetings with Fortune 500 executives, principally vice presidents and heads of infrastructure, engineering, cloud, and data. Our takeaways included: 1) Cost economics, though frequently raised, is not the primary driver. CIOs in our pre-summit feedback most frequently raised cost economics as a topic. One CIO asked, “are cloud financials what people perceive them to be for production workloads?” Another asked, “is there a crossover point where public cloud becomes more costly than private cloud?” Another questioned, “how should we be thinking about balancing growing opex vs. capex?” Executives in our meetings emphasized that cost economics are not the primary driver for cloud adoption.
    [Show full text]
  • Download Resume
    RESUME [email protected] SALEEM MOHAMMED +91 9052190876 www.saleemm.com UX DESIGNER www.linkedin.com/in/saleemohd Hyderabad, Telangana, INDIA PROFESSIONAL WORK EXPERIENCE HIGHLIGHTS Design Consultant Presented a talk at UX Octonion Design, Hyderabad, INDIA India: India’s biggest Nov 2019 – Present conference on User Experience Design Working with companies to develop innovative design solu- (‘Designing Voice User tions that meet user needs and business goals. Interface’s September 2019 User Experience Designer Pegasystems, Hyderabad, INDIA Conducted knowledge Dec 2012 – Oct 2019 sharing sessions on As a UX Owner of Pega Social, Pega Case Management, Pega Design Systems, Survey, Text Analytics and Integration product area’s in Pega Design Sprint to vari- platform, I drive the end-to-end user experience, by making ous teams sure designs meet the expectation of users and stakeholders. Pegasystems User Interface Lead We Team Award Infosys Technologies Limited, Bangalore, INDIA Pegasystems Mar 2011 – Nov 2012 (1 years 8 months) CDG STAR award for Lead redesign of largest Asset Manager in the Kingdom of successful closure of Saudi Arabia NCB Capital trading applications, web, desktop iTrade Product Design and mobile interfaces. Re-factored taxonomy, and implement-- Infosys Technologies ed design best practices. CDG Innovator award Interaction Designer for winning entry in W3 Offshore Development Center, Hyderabad, INDIA Gone for Brooke Oct 2008 to Mar 2011 (2 years 6 months) design competition Ensure that each design met the brief. I was also required to Infosys Technologies oversee and help mentor junior members of staff offering them creative guidance where needed. Recognized for Positive attitude, UI Engineer Dedication and Virtusa India Private Limited, Hyderabad, INDIA Responsible towards Mar 2006 to Jul 2008 (2 years 5 months) all challenges that I took up and follows Lead team of creative designers as part of CDS (Cisco off-site up till completion development center) and involved in 2007 Cisco re-branding.
    [Show full text]
  • Capgemini and Pegasystems: Delivering Business Value Through Partnership Continuous Process Improvement to Drive Sustainable Results
    Capgemini and Pegasystems: Delivering Business Value through Partnership Continuous process improvement to drive sustainable results Our partnership combines For organisations to thrive rather than achieve success quickly. Small, simple “Capgemini’s consulting just survive, they need to stay on top steps make it possible to ‘try and buy’. and industry strengths with of the social, technological, economic, It is by starting with smaller projects Pegasystems market-leading environmental and political changes before committing to major ones technology, unlocking business in the business landscape. They that we are able to mitigate risk and value for our customers through need to not only be able to identify manage stakeholders’ expectations. process flexibility, agility and threats and opportunities, but also innovation. respond appropriately. Organisations The Capgemini and need to consider how to make their Pegasystems partnership ” business more adaptive to change, Paul Nannetti responsive, efficient and effective. One Capgemini works in partnership Vice-President, Head Global Service Lines and Portfolio of the management disciplines that with market-leading software can support organisational change, vendor Pegasystems, a recognised creating benefits that enable rapid BPM industry leader, and a premier response to the challenges is Business provider of Customer Relationship Process Management (BPM). Management (CRM) solutions. The company forms a core part BPM as a management science, of our client engagement model, working with BPM Technology and we leverage Pegasystems’ (BPMT), can support the improvement patented technology which enables and optimisation of organisations’ organisations to realize rapid and business processes – extending to significant business returns by directly process automation, applications capturing business objectives into fully development and integration, as automated processes and eliminating well as the testing and maintenance manual programming.
    [Show full text]
  • DBS: from the "WORLD's BEST BANK" to BUILDING the FUTURE-READY ENTERPRISE Sia Siew Kien, Peter Weill, and Mou Xu MARCH 2019 | CISR WP NO
    DBS: FROM THE "WORLD'S BEST BANK" TO BUILDING THE FUTURE-READY ENTERPRISE Sia Siew Kien, Peter Weill, and Mou Xu MARCH 2019 | CISR WP NO. 436 | 20 PAGES CASE STUDY an in-depth description of a firm’s approach to an IT management issue (intended for MBA and executive education) DIGITAL TRANSFORMTATION The case presents the second phase of DBS Bank’s digital transformation. Upon completing the first phase of the transformation (2009–2014) that DISRUPTIVE INNOVATION radically “rewired” the entire enterprise for digital innovation, DBS initiat- FUTURE OF BANKING ed its second digital push in 2015 to address ever-emerging threats from fintech companies and institutional constraints on acquisition-led organic expansion. To DBS, this digital transformation was an ongoing journey in building a next-generation enterprise. It centered on developing the core capabilities to be ready for a digital future by becoming digital to the core, embedding banking in customer journey, and creating a 26,000-person start-up. Sia, Weill, and Xu | CISR Working Paper No. 436 | 2 CONTENTS Becoming Digital to the Core: DBS’s GANDALF Transformation ... 4 Embedding Banking in the Customer Journey: Making DBS Invisible ..................................................................................................................... 7 Experimenting with Mobile-Only Bank in India .............................................. 9 Challenges in Building an Ecosystem Platform ..............................................10 Creating a 26,000-Person Start-Up: Making People
    [Show full text]
  • Pegasystems Inc. Annual Report 2019
    Pegasystems Inc. Annual Report 2019 Form 10-K (NASDAQ:PEGA) Published: February 20th, 2019 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-K ____________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT of 1934 For the fiscal year ended December 31, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT of 1934 Commission File No. 1-11859 ____________________ PEGASYSTEMS INC. (Exact name of Registrant as specified in its charter) ____________________ Massachusetts 04-2787865 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One Rogers Street, Cambridge, MA 02142-1209 (Address of principal executive offices) (Zip code) (617) 374-9600 (Registrant’s telephone number, including area code) ____________________ Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, $0.01 par value per share NASDAQ Global Select Market Securities registered pursuant to Section 12(g) of the Act: None ____________________ Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes ¨ No x Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Electronic Bank Account Management: Getting Ahead, Getting Started
    WHITE PAPER ELECTRONIC BANK ACCOUNT MANAGEMENT: GETTING AHEAD, GETTING STARTED Abstract Electronic Bank Account Management (eBAM) has made great strides since it was first introduced in the early 2000s. The idea of eliminating paper-based forms and moving to a single platform for account opening, modifications, and mandates was always appealing, to say the least, and a compelling story for a runaway adoption. But fast forward to today, more than 15 years since the idea was introduced, and eBAM adoption rates remain much lower than expected, even though it has been standardized and incorporated in SWIFT APIs. Several impediments are responsible for this, especially, disparate security policies amongst banks, incomplete conceptualization, and reluctance to disrupt existing mechanisms. In this paper, we attempt to present a course of action to overcome these impediments and achieve the promised value from this innovative concept. Understanding electronic bank account management (eBAM) Back in the early 2000s, the account corporates which were cemented together standards. eBAM provides the necessary management systems lacked a centralized with the standardization provided framework for digitizing account opening, process and had no group-wide unified by SWIFT. maintenance, mandates, reports, and audit, overview. There was no control over thus easing the lives of corporates and eBAM uses the SWIFT connectivity to the processes related to the opening, banks alike. The concept and framework automate and homogenize the opening, maintenance, and closing of a bank were remarkable – a digital answer to the maintenance, and closing of bank account, resulting in information disarray paperwork and complexity involved in accounts. The solution’s main feature is that with potential compliance issues.
    [Show full text]
  • Pursuing Customer Relevance in the Digital Age
    A CLOSER LOOK AT PURSUING CUSTOMER RELEVANCE IN THE DIGITAL AGE Together, Pegasystems and Cognizant are pleased to provide you with this Harvard Business Review report: “Pursuing Customer Relevance in the Digital Age.” This report offers insights into the importance of customer relevance, specifically its role in building deeper, more sustainable relationships between brands and consumers – to revolutionize customer engagement. Relevance is like a great conversation that you have with someone you know well – someone that knows you in return - someone that understands you. This study focuses on a question that is becoming a key business management priority for many organizations: How do we meaningfully and consistently connect with customers to create a truly relevant customer experience? That level of intimacy can be difficult to achieve, retain, and scale in the digital age. Yet those companies that do will develop the most productive and sustainable relationships with their customers. That’s where the strategic partnership between Pega and Cognizant comes in. Pega is the leader in software for customer engagement and operational excellence, while Cognizant is a global leader in business and technology services. Together, we provide a powerful combination of customer intelligence, technology, agility, speed, and domain expertise – increasing your customer relevance. • Identify Customer Needs – Pega’s software learns from what your customers do and what they say and advises you on what they’re likely to need next. Cognizant helps you define the total solution and deliver it for maximum impact - on time and in the preferred channels. • Understand Customer Context – Pega’s customer intelligence software uses artificial intelligence (AI) to pick up on subtleties: the things customers don’t say aloud - reading signals to understand what’s implied.
    [Show full text]
  • BOTH RADICAL and INCREMENTAL DIGITALLY ENABLED CHANGE WORK WELL Stephanie L
    RESEARCH BRIEFING | VOLUME XIX, NUMBER 8, AUGUST 2019 BOTH RADICAL AND INCREMENTAL DIGITALLY ENABLED CHANGE WORK WELL Stephanie L. Woerner, Research Scientist Peter Weill, Chairman and Senior Research Scientist Aman M. Shah, Senior Research Support Associate MIT Sloan Center for Information Systems Research (CISR) Two years ago, when MIT CISR asked companies whether of companies in Advertising/PR were taking a radical approach they were on a digitally enabled journey to become “Future versus 30 percent of companies in Manufacturing/Automotive. Ready,” nearly all—93 percent of companies—said they The differences across industries likely reflected the disparate were.1 In 2019, working with Harvey Nash, we studied results views of senior executives and boards on the degree of threat from more than four thousand companies to assess which of from digital disruption to their current business models. two approaches to business change using digital technolo- When looking at the top performers on a combination of gies—incremental improvement or radical transformation— growth and margin,3 the goals of the management board was associated with better financial performance.2 We found (CEO and direct reports) drove a company to take one or the that the top performers taking each approach achieved other approach. Management boards of companies taking an significant benefits from their change efforts, strongly -out incremental approach looked to digital technologies to deliv- performing their peers in revenue growth and net margin. er stable and consistent performance and improved business Counterintuitively, there was no difference between the two processes, while boards of companies taking a radical ap- approaches in regards to the risk of financial underperfor- proach were looking to digital technologies to drive revenue mance.
    [Show full text]
  • Technology Trends 2021 | Tech Vision | Accenture
    #techvision2021 Technology Vision 2021 Leaders Wanted Experts at Change at a Moment of Truth From insights to action, the path to extraordinary value starts here. #techvision2021 Introduction 1 2 3 4 5 Foreword The past year has shown us that Now, as we start to turn the page from technology change to completely reimagine technology is a lifeline for economies, the challenges of 2020, we’ll also turn to the and rebuild the future of business and human power of technology to restore confidence experience post Covid. governments, companies, and people. among employees, consumers, partners, It changed the way we see and and our communities. We can build new ways As you learn about the trends in this year’s understand the world. of working and interacting, add much-needed Technology Vision, think about how you can apply adaptability and resilience, and create new them to reimagine and replatform your business— It also pushed a giant fast-forward button to the experiences and ways of doing business. Newly leading the change that is needed for your future. Amid 2020’s challenges, many organizations accelerated digital transformations give us the organization, for your people, and for our world. lacked the digital foundation needed to rapidly pivot, means to serve these needs. But our efforts will and were confronted with a stark reality: a digital be effective only when we work to build and performance gap that widened seemingly overnight. preserve trust at the same time. Yet, other leading organizations stepped up to use technology in extraordinary ways to keep their We know this is possible because we’ve seen it.
    [Show full text]