Ways in Which Data Monetization Impacts Business Strategy
Highly competitive organizations and innovative companies are seeking new competitive fields and exploring new avenues to success. Technological advancements continue to pave the way for a new era of competitiveness where data is viewed as a strategically evolving asset capable of unleashing new opportunities for monetization. Data monetization is not about information technology or business […]
Unlocking New Revenue Streams with Data Monetization
Data Monetization is increasingly becoming an opportunity for organizations to streamline decision-making. By realizing the potential of data in generating new revenue streams and reducing corporate costs, organizations are building technologies and expertise to turn information into profit. Though few have achieved significant financial impact, others are still grappling with the thought of converting data […]
Supply Chain Sustainability: Are Supply Chains Going Green?
As per the World Economic Forum, a “sustainable” supply chain is one that considers its environmental, social and governance (ESG) implications right from procurement of raw materials to delivery of the end product. However, this definition continues to evolve with a growing number of businesses encompassing post-purchase, returns and disposal in their ESG initiatives. Since […]
Revolutionizing Supply Chain Efficiency
Supply chains cannot operate if they are seen simply as cost centers that bring in efficiency. This thought is quickly being replaced by efforts to build agile supply chain networks that can drive growth even in the most challenging times. As a result, more and more enterprises understand the role digitization plays in supply chain […]
The Antifragile Supply Chain
“Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.” –Nassim Taleb The last few years were undoubtedly among the most disruptive in history – social distancing was not the only form of isolation supply chain leaders had to practice. They also had to break away from […]
3 Ways to Monetize Data and Analytics
Monetize your data – a mantra many companies are looking to implement to grow through data and analytics. Although companies are following the data monetization trend by launching data-focused businesses, only some achieve significant or notable financial impact. At which stage does this occur? Data monetization must be aligned with a company’s data strategy. However, […]
Enhancing Product Development with the Cloud
When it comes to product engineering and manufacturing, the cloud holds endless capabilities, thanks to the digital technologies it can enable. With product design and optimization, innovation, data utilization to manufacture consumer-specific products, and speed time to market, the cloud has more to offer to organizations willing to think in new ways. Advancing product development […]
Scaling up AI across the pharmaceutical value chain
Artificial intelligence and machine learning are powering major breakthroughs across many industries. However, in research dependent industries like pharmaceuticals, these technologies are progressing faster. AI is mining insights from multiple data sets making it highly interoperable and reshaping the value chain to bring life-saving drugs to us faster. Will it impact every stage of the […]
AI – The Game-changer for Retailers
Digital transformation in retail is one of the most disruptive factors today. Digital retail holds power to transform the everyday retail experience, whether start-ups or large corporations adopt it. So what can small to medium-sized do to best leverage AI & its capabilities? One route is the adoption of AI – from using computer vision […]
Acing the AI Revolution in Global Supply Chains
Their recent evolution has made supply chains more challenging & complex. Geo-political disruptions, market volatility and a higher need for efficiency have urged leaders to build supply chains that are more agile & flexible. This has triggered regionalization & optimization of flows and, therefore, the need to focus on supply chain resilience. Opting for AI […]
