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Tag / Digitalization

Fierce competition forces accelerators and incubators to position themselves internationally and specialize in specific industries

Press releases   •   Jan 24, 2019 00:23 -12

• Accelerator and incubator numbers have increased fivefold globally in the last ten years • Almost half of them focus on a single industry and have an international strategy • Only 35 percent specialize in one particular technology

Financial service providers aren't keeping pace with digitalization despite some progress – As the customer interface gets crowded they are increasingly losing direct customer contact

Financial service providers aren't keeping pace with digitalization despite some progress – As the customer interface gets crowded they are increasingly losing direct customer contact

Press releases   •   Aug 28, 2018 22:33 -12

Digitalization and new business models have created a growing gap between product creation and product sales in the banking sector. Digital platforms are already giving incumbent banks' competitors access to the majority of their customer base and could enable them to market their services to consumers on an even greater scale in the future.

Global market for predictive maintenance to grow between 20 and 40 percent per year through 2022

Global market for predictive maintenance to grow between 20 and 40 percent per year through 2022

Press releases   •   Jul 31, 2018 22:21 -12

Eight out of ten companies are currently devoting time and resources to the issue of predictive maintenance in a bid to improve the cost-benefit ratio of their products, plant and systems. But their engagement often goes no further than collecting operational data. Yet predictive maintenance is about so much more than that.

Procurement functions must reframe their role to avoid jeopardizing their company's ability to compete

Procurement functions must reframe their role to avoid jeopardizing their company's ability to compete

Press releases   •   Jul 24, 2018 22:04 -12

From e-mobility to the Industrial Internet of Things (IIoT), 5G and digitalization, the list is almost endless. These disruptions lead to the emergence of new products, services and business models in the blink of an eye. In this volatile environment, procurement plays a crucial role across all industry verticals.

Corporate headquarters under pressure from digitalization

Corporate headquarters under pressure from digitalization

Press releases   •   Jul 12, 2018 21:44 -12

Around one quarter of companies are not satisfied with the performance of their headquarters. The main reason is that corporate HQs (CHQ) are not up to the challenge of digital transformation and the pressure to innovate. It is evident that CHQ's claim to support modern, digital structures and processes is far removed from reality.

Robotic Process Automation is Revolutionizing the Finance Function

Press releases   •   Feb 22, 2018 02:03 -12

Finance functions have been transforming themselves in recent years with the aim of evolving from a "data producer" to a "strategic business partner" for their internal clients.

One in two companies lack a future-proof supply chain strategy – Supply Chain Planning 4.0 enables much higher efficiency levels

Press releases   •   Feb 19, 2018 01:55 -12

Half of all companies consider their own supply chain strategy to be outdated and unsuited to the demands of future business. Many firms therefore have no choice but to tackle process renewal, given that an inefficient supply chain organization can send costs rocketing and gnaw away at earnings.