Bloomberg estimates that the metaverse market may grow to $800 billion by 2024, and Facebook has changed its name to Meta to capitalize on this looming technology. The metaverse is a collection of immersive online technologies that include virtual reality, augmented reality and interactive video. At the corporate level, CIOs
Category: Digital Transformation
Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure.
Scaling Anything As A Service (XaaS): The Pros And Cons, Challenges, And Enablers Of The Outcome-Based Model For XaaS
Introduction Based on industry trends we have tracked so far, providers have consciously been trying to craft customer-centric solutions to entice customers and sustain their loyalty via subscription models for their anything as a service (XaaS) offerings. But one of the evolving expectations from customers is further differentiation when choosing
Are You Ready For The Metaverse: Technology And Gaming Giants Are Ready To Bring New Levels Of Virtual Work
The workplace of the 2020s already looks vastly different from what we could have imagined just a couple of years ago. Now, the metaverse promises to bring new levels of social connectedness, mobility, and collaboration to a world of virtual work. The metaverse is poised to reshape the world of
In Times Of Crisis And Uncertain World, It Is Important For Companies To Become Future Ready
What makes a company “future ready”? The author analyzed top companies by revenue across four sectors, measuring seven equally weighted factors, then analyzed what leading companies were doing differently. They discovered industry specific insights, which also informed more universal lessons. First, don’t play zero-sum games with disruptors. Looking at the
Digital Transformation In Health Care: Building A New Business Models To Co-Create Goods And Services, Wider Customer Reach, Access To New Capabilities, And Increase Revenue
Health tech innovators are investing in the Future of Health through platform businesses. Digital platforms can bring together ecosystem participants to build new business models that co-create goods and services, enable wider customer reach, access to new capabilities, and increase revenue. Executive Summary COVID-19, value-based care, data liquidity, consumer expectations,
Enhancing The Integrated Physical And Digital (Hybrid) Experience
As brands deliver new digital experiences that meet changing customer preferences, the next step is to enhance hybrid customer experiences – and human-centered design can help. Our lives went from physical to digital overnight – and amazingly, many brands excelled at delivering those digital experiences. Rather than people waiting weeks
The Benefits Of Integrating The Tax Function Into Cloud-Based Enterprise Resource Planning (ERP) Solutions
AS the COVID-19 crisis has made crystal clear, agility is key to survival in the face of disruption. Those organizations foresighted enough to have digitized, automated, and cloud-enabled their back-office processes have been able to pivot toward recovery. Those still pushing paper and working with on-premise systems have struggled. In
Flexible Work, The Metaverse, And The Power Of Empathy | An Interview With Microsoft’s Satya Nadella
The HBR video series “The New World of Work”, editor in chief Adi Ignatius sits down with Microsoft CEO Satya Nadella to discuss rapidly evolving trends in how we collaborate, especially in a hybrid world. Nadella suggests that technology can create a metaverse that will help bridge the virtual and
Go To Market: An Integrated Approach To Plan, Design, And Transform GTM Capabilities In Five Key Areas
Over the last decade, major organizations such as Cisco and Hitachi shifted their core business from hardware toward software and services. Cisco is undergoing a major transformation to shift its core business model, with over 53% of its total FY21 revenue coming from software and services. The transformation these organizations
Public Sector Cloud Adoption: To Take An Advantage Of The Scalability, Flexibility, And Shareability Inherent In Cloud, You Have To Adapt It
The pandemic has accelerated government organizations’ adoption of cloud. But it has also shifted how those organizations use the cloud – using cloud’s scalability, flexibility, and shareability to revolutionize services. How can they keep up the momentum? Introduction The pandemic caused many government agencies to dive headfirst into cloud. The
New Strategies And Business Models From Artificial Intelligence: What Traditional Businesses Can Learn From A Platform Model
Platform companies like Facebook, Amazon, Google, and Tencent have created value at stunning rates. They grow rapidly and own few assets – and they’ve all made strong use of AI. What can legacy companies learn from these platforms? And is it possible for legacy companies to use this business model,
Intelligent Experience Engines For High-Quality, First-Party, Data-Driven Customer Experiences
Companies across all industries are putting personalization at the center of their enterprise strategies. For example, Home Depot, JPMorgan Chase, Starbucks, and Nike have publicly announced that personalized and seamless omnichannel experiences are at the core of their corporate strategy. We are now at the point where competitive advantage will
