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Unlocking the Power of Zero Cost Transformation: Business Acceleration with Minimal Investment
Enterprises face the complex challenge of balancing IT investment for growth with maintaining operations amidst global economic uncertainties. The Zero Cost Transformation approach has emerged as a solution, emphasizing repurposing savings from streamlined processes to fund innovation. It involves leveraging cloud solutions and proprietary tools and aligning expenses with business outcomes. Additionally, enterprises should implement the Net Economic Value Added™ (NEVA) approach to assess transformation success, focusing on the impact of innovation on core operations rather than just technology cost reductions. It enables enterprises to navigate economic challenges by prioritizing sustained innovation-led growth over short-term cost efficiencies.
April, 2024
Oracle’s Bold Move: Freely Embedding Gen AI in Business Apps
NEWPORT BEACH, Calif. — Generative AI (Gen AI) is rapidly transforming industries, and Oracle, a major player in the enterprise technology market, is making a bold move. It is offering its base Gen AI capabilities across its suite of business applications, including Fusion Cloud Applications Suite and NetSuite, at no additional cost.
April, 2024
Residual Value Forecast April 2024
Our quarterly Residual Value Forecast (RVF) report provides forecasts for the following categories of IT equipment: desktop computers, laptops, network equipment, printers, servers, storage devices, and other IT equipment. It also includes residual values for other non-IT equipment in the following categories: copiers, material handling equipment (forklifts), mail equipment, medical equipment, test equipment, and miscellaneous equipment such as manufacturing machinery and NC machines. Residual Value Forecasts are provided for five years for end-user, wholesale, and orderly liquidation values (OLV) prices.
April, 2024
Manufacturing Digital Services 2024 RadarView™
The Manufacturing Digital Services 2024 RadarView™ can help manufacturing enterprises craft a robust strategy based on industry outlook, best practices, and digital transformation. The report can also aid them in identifying the right partners and service providers to accelerate their digital transformation in this space. The 102-page report also highlights top market trends in the manufacturing industry and Avasant’s viewpoint.
April, 2024
Driving Technological Advancements in the Manufacturing Industry
The manufacturing industry is increasingly adopting smart factory practices for efficiency and driving sustainability by facilitating the transition to circular operations and emissions reduction through partnerships. Manufacturers are prioritizing resilient supply chains with investments in data-driven inventory management and reshoring initiatives. They are using advanced technologies such as generative AI for product design acceleration and are transitioning to experience-based offerings using IoT, AI, and 3D printing to meet evolving customer needs. Additionally, investments in connected solutions and facility modernization highlight their commitment to a safer, more productive work environment. Manufacturing enterprises collaborate with service providers for digital transformation, which requires strong technological expertise and delivery capabilities.
April, 2024
Manufacturing Digital Services 2024 Market Insights™
The Manufacturing Digital Services 2024 Market Insights™ assists organizations in identifying important demand-side trends that are expected to have a long-term impact on any digital project in the manufacturing industry. The report also highlights key challenges that enterprises face today.
April, 2024
Disaster Recovery Requires Consistent Planning
Not many companies are consistently planning for disaster recovery. And if we have learned anything from the past few years of high-profile outages, it is that the ability to recover information systems and data quickly and effectively after a disaster should be an organizational priority. Failure to consistently plan for disaster can cost organizations time and money during an outage. This Research Byte summarizes our full report on disaster recovery planning as a best practice.
April, 2024
The Critical Role of IT Standards, Training, and Documentation in Mitigating Security and Compliance Risks
IT standards, training, and documentation job functions are crucial for maintaining the seamless operation, compliance, and efficiency of IT systems. Yet some organizations seem to undervalue its importance. With the rapid pace of change within IT environments, establishing processes to effectively track and manage these changes becomes paramount. This Research Byte examines the reasons for the trend and provides a summary of our full report on IT Standards, Training, and Documentation Staffing Ratios.
April, 2024
Disaster Recovery Planning Best Practices 2024
In 2021, a ransomware attack on Colonial Pipeline, a major fuel supplier in the US, forced the company to shut down operations for several days. This resulted in gasoline shortages and price hikes on the East Coast. Several airline companies in Britain experienced major IT failures in 2023, which resulted in thousands of canceled flights and an estimated $128 million in lost revenue. As these and numerous other examples show, the business impact of a disaster affecting the IT function can be enormous. The ability to recover information systems and data quickly and effectively after a disaster, cyberattack, or system failure should be an organizational priority. However, not many companies are consistently planning for disaster recovery.
April, 2024
IT Standards, Training, and Documentation Staffing Ratios 2024
Some organizations tend to underestimate the importance of the IT standards, training, and documentation job function since its impact on the bottom line may not be clear. However, these job functions are essential for ensuring the smooth operation, compliance, and effectiveness of IT systems — all crucial elements for the overall success of any business.
April, 2024
Network Managed Services 2023–2024 Market Insights™
The Network Managed Services 2023–2024 Market Insights™ assists organizations in identifying important demand-side trends that are expected to have a long-term impact on any network modernization projects. The report also highlights key network modernization challenges that enterprises face today.
April, 2024
How to Maximize IT and BPO Vendor Relationships with a Sourcing Health Check
Many organizations rely on IT and BPO vendors to deliver essential services and support their business objectives. However, over time, the alignment between the vendor and the client may erode, leading to suboptimal performance, dissatisfaction, and missed opportunities. To avoid these pitfalls, it is important to periodically conduct a sourcing health check, which is a comprehensive assessment of the current state of the vendor relationship and the contract terms. A sourcing health check can help identify gaps, risks, and areas for improvement, as well as provide actionable recommendations to maximize the value of the sourcing agreement.
April, 2024