$1.8 trillion worth of enterprise value in India is faced with a risk of displacement due to disruption. From manufacturing to BFSI and other sectors, what do Indian companies need to do?
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As disruption changes the rules of the game, companies must find new ways to reinvent their business models, capture new areas of growth and invest in innovation. While the writing is on the wall, most businesses are unable to take the leap of faith. But companies can thrive amid disruption by investing in the future and making their business change-ready. Accenture’s Wise Pivot is the key to winning in the digital age. Accenture has conducted a comprehensive study on how 900 Indian companies across industries are undertaking the Wise Pivot. Read how the leaders of the pack are pivoting and get ready for your own pivot journey.
Continue ReadingThe Wise Pivot is a unique, game-changing strategy, and you can use it to reinvent your business and stay successful in a disrupted world.
Smart, connected and living--Industry X.0 empowers companies to maximize productivity, efficiency and competitive advantage. In an era defined by hyper-personalization, automation and artificial intelligence, companies are fiercely competing to set their products apart. Industry X.0 is the perfect armor to thrive in a rapidly evolving global marketplace. As companies worldwide harness digital technologies such as IoT, data analytics, RFID, AI and cloud, India isn’t too far behind. This article explores how FMCG major HUL leveraged Industry X.0 to make their tea and coffee vending machines smarter, faster and more efficient to serve up the perfect cuppa!
India is on its way to becoming the largest digital economy worldwide. But while the facts paint a rosy picture, companies can’t turn their back on cybercrime--the digital age evil that’s rearing its ugly head and swallowing businesses whole. In fact, India was the second-most cyberattack-affected country between 2016 and 2018. Inadequate cybersecurity budgets, dearth of cybersecurity professionals, lack of relevant capabilities and limited awareness of cyber laws are only adding fuel to the fire. Read this article to find out how Indian companies can adopt a risk-based prioritization approach to build digital trust, secure brand value and be future-ready in the face of growing cyberwars.
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AI can power explosive growth, but businesses need a clear roadmap on how to integrate applied intelligence into their overall business, processes and functions. How do companies strike the right balance between multiple technologies to reap growth? Real digital transformation requires businesses to combine artificial intelligence, analytics and automation--the power of applied intelligence--to realize exponential value at speed and scale. This article delves into three essentials steps that’ll help businesses zoom ahead of the pack and tap the full value of applied intelligence.
There is a strong correlation between companies’ appetite to adopt technology and their propensity to drive growth, innovation and disruption. For technology to truly achieve its transformative potential, however, business and IT must work together as partners with a shared vision and shared goals. The returns are guaranteed: Better customer experiences, greater efficiency and stronger business insights, backed by data. This article explores how companies can become future-ready by building a technology backbone.
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