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In Digital, What was Context Now Becomes Core
On June 21, 2017 In Thought Leadership
I don’t know about your company’s situation; but having looked at literally hundreds of outsourcing contracts, I see that they all have something in common. The original intent was a one-time shift to transform and improve an operational aspect. Unfortunately, IT outsourcing contracts sort of poured concrete around the outsourced processes. Thus, the quest
Repositioning For Digital: Four Keys To Success
On June 19, 2017 In Thought Leadership
What if the foundations upon which your company built its business shift suddenly and you’re forced to reevaluate long-established strategies and investments? That’s the situation as the business world embraces digital technologies and digital business models. Accompanying this disruption is the inconvenient truth that most companies fail to overcome the huge challenges and achieve
Blockchain-enabled “Smart Contracts” Solve Problems in Administering IT Ecosystem Services
On June 5, 2017 In Thought Leadership
Businesses are moving into a software-defined world with usage-based service contracts and an “Everything-as-a-Service” ecosystem of providers. But there’s a problem: Contracts have not kept up with the desire to buy things in an as-a-service model in an ecosystem. Thus, the contracts provide no accurate way to account for usage adjustments that need to
Why a Hackathon May not be a Good Strategy for Your Company
On June 1, 2017 In Thought Leadership
Hackathons, or hackfests, are getting a lot of buzz for being a collaborative, crowdsourced way of generating new product or service ideas. Sometimes they’re even touted for ideas that drive change and create a competitive advantage. But if that’s what you have in mind for a hackathon at your company, prepare for a letdown.
The Primary Challenge To Blockchain Technology
On May 23, 2017 In Thought Leadership
Any emerging technology goes through a hype stage. It takes a while to get the kinks out and for pilots and proofs of concepts to prove use cases and shift the curve to broad adoption. The power and disruption of blockchain is evident in the news almost daily, and people are beginning to understand
Bitten by the Blockchain Bug
On May 22, 2017 In Featured, Thought Leadership
The business world is abuzz with the potential benefits of blockchain distributed ledger technology and the wave of disruption it will bring in not just payment transactions but also sharing information of value to participants in a distributed ledger. The media are already referring to it as an “internet of value.” Even though Blockchain
How Donald Trump May Save the India-heritage Outsourcing Firms
On May 18, 2017 In Featured, Thought Leadership
Over the past month or so, many of the India-heritage outsourcing firms have reacted to the current political climate to announce significant hiring goals for onshore (U.S.) hiring while scaling back applications for H-1B visas. There are numerous reports across the country of these announcements creating a frenzy of governors courting the companies to
Why Anticipated Value From Digital Implementation Often Disappoints
On May 18, 2017 In Thought Leadership
Every senior executive recognizes that digital disruptions are both a huge potential blessing and an enormous threat. Companies can be Uberized out of existence, as is happening with taxi cabs. Or like Amazon, companies can create whole new offerings and competitive advantage. GE uses the power of the Internet of Things to create a
A Fundamental Flaw in Approaching Digital Transformation
On May 16, 2017 In Thought Leadership
What makes digital technologies so different and disruptive is their potential to enable very substantial business benefits. “Enable” is the key word. Too often, executives see the power of a technology and reason to themselves, “This technology will create significant benefits, so we need to implement it and learn how to use it to
What’s Driving The Vibrant Growth In Global In-House Centers for Services?
On May 15, 2017 In Thought Leadership
There is a do-it-yourself (DIY) movement building in the services space. At Everest Group, we continually track the number of Global In-house Center (GIC) startups, and the number is accelerating. Along with new startups, existing GICs (formerly known as “captives,” or enterprise shared-services organizations in low-cost areas) are expanding their scope. In this post,