Artificial intelligence and machine learning have been shaking up many areas of business, from cybersecurity to market analytics, bots and self-driving cars. But when it comes to core corporate functions, especially those where the risks of making bad decisions are substantial, the use of artificial intelligence is still in its early stages. Take, for example,…
Industry Week recently reported that two-thirds of the top 2000 Global CEOs will have digital transformation at the core of their corporate strategy by the end of 2017. More ominous, Gartner predicted at this year’s annual Data Center Infrastructure and Operations Conference, that enterprises risk falling behind their competition, unless they implement digital transformation projects…
Best known for his contribution to the science of evolution in the 1800s, Charles Darwin declared: “It is not the strongest or the most intelligent who will survive but those who can best manage change.” As we get ready to greet 2018, we’re surrounded by a world that is witnessing huge technological and social changes…
“Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it,” said Ferris Bueller during his famous “Day Off.” The sentiment applies to IT these days. You’re busy day-to-day keeping the lights on, integrating legacy and new technologies, and trying to support your business colleagues as they…
Last year, my predictions for digital transformation were focused on the core DNA that organizations needed to put into place to achieve world-leading performance and results in digital transformation. In addition to perennial themes such as leadership, people and cultural competencies, these new strategic themes for digital transformation included disruptive technologies, platform business models, digital…
Effective data analytics can be a competitive differentiator today, giving companies keen insights into customer preferences, product development and usage trends, and market gyrations that others don’t see. To get the most out of their analytics efforts, businesses need to assemble a highly talented team to make sense of all the data that’s coming in…
What do the zombie apocalypse and many businesses have in common? Answer: dead things that refuse to lie down and be still. The dead, brain-eating things businesses have a hard time killing are shambling, resource-eating projects. You know the ones. They’re projects where the meetings continue, team members still charge their time, but not only…
Many enterprises have embraced cloud computing to fuel digital transformations, launching initiatives that range from new mobile applications to analytics for gleaning insights from customers. Yet due to concerns about security, regulations and data governance, enterprise adoption of public cloud services remains less than 50 percent and won’t cross that mark until 2018, according to…
Managing any project can become a slippery slope when your organization doesn’t have a solid grasp of all the moving pieces. Project management can be a complex discipline to understand and navigate. After all, there are enough key phases, knowledge areas, and project management-specific terms to fill a glossary. To simplify the key components of…
Digital disruption hasn’t reached its zenith, leaving many CEOs still desperate to learn how to get ahead of it. Fear not: PwC principal Tom Puthiyamadam is on a mission to save corporate C-suites from themselves. Some CEOs are embarking on vision quests to help navigate digital disruption, which is marked by a shift in profitability…