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Third-Party Services Market Predictions For 2021

Having come closer to the end of the COVID-19 business crisis and now looking at the consequences for the third-party services market next year, I am increasingly optimistic that we will see an extremely strong year going forward. In fact, I believe it will be historically robust. Yet, COVID is still here, and the

Digital Transformation: 3 Change Management Mistakes to Avoid

Change can be painful for companies and individuals. But if you are undergoing a digital transformation, there’s simply no getting around it. In fact, the degree of change is greater, and there is a cascading set of consequences for these deep changes, which each require their own change management. At Everest Group, executives often

The Shift From ERP To NRP For Ecosystem Value Creation

We live in an increasingly distributed business world in which organizations rely on timing and components in different parts of the world and in different time zones. To deliver greater value to customers, organizations now must combine assets and capabilities across companies into a single collaborative platform where they can create new value. This

AWS Cloud’s Incentives Strategy For Moving Legacy To The Cloud

AWS Cloud recently declared “war” on legacy applications and infrastructure through a set of incentives for customers. The strategy is its latest move to escalate the battle for market share among cloud platform providers. More importantly, decision-makers in companies of all sizes need to fully understand the ramifications (good and bad) for their companies.

DXC Technology Changes CEO

There is a “changing of the guard” at DXC Technology. Mike Salvino is now President and Chief Executive Officer and succeeds Mike Lawrie, who served as DXC’s Chairman, President and CEO. The change in leadership is happening at one of the last US national champions of the services industry. This move will be viewed

Collaborative Value Creation Through Network Resource Planner

Despite the challenges, the COVID-19 pandemic and resulting recession drives many businesses to accelerate innovation in their operating model and find ways to create differentiated value. Is your company looking for new avenues to create value, grow revenue, build resilience and optimize processes? If so, you should pay attention to why leading companies now

How Companies Unleash Value Creation Through Collaborative Networks

Ecosystems always existed in businesses, but the importance of collaboration across ecosystems dramatically increases today in the effort to create new value. However, the underlying software architecture – traditional database technology – that supports collaboration was built for a siloed, boundaried approach to business, not a networked approach among multiple enterprises or even multiple

How To Drive Dramatic Productivity Improvements | Blog

Most companies choose to lower cost in their service areas by using labor arbitrage and outsourcing and, in doing so, save an average of 20%. An alternative approach is to increase productivity; recently, some firms achieved 100-200% improvement  in areas such as applications development and maintenance and other service areas. Clearly the potential offered

Why Benchmarking Is Of Limited Use

When companies use benchmarking, their goal is to identify how their performance compares to other companies and hopefully identify how they can improve costs and performance. Nearly every sizeable company pays for benchmarks. And there is a large benchmarking industry (and my company, Everest Group, participates in this industry). But I believe there is

Balance Sheet Clean-Up Efforts Drive New Opportunities

Companies take different approaches for survival in what now looks to be a protracted and difficult recession caused by the COVID-19 pandemic and global economic crisis. Many want to clean up their balance sheets and focus on their core business. I note several trends in activities emerging from this effort, which also present new