Most Recent Articles
Latest Stats on Shadow IT: Still Not Good
The latest survey data from the Cloud Security Alliance shows just how big the problem of unauthorized IT services, or “Shadow IT”, has become. Only 8 percent of the more than 200 global participants from both small and large IT organizations said that they had a good understanding of the number of unmanaged cloud apps in use at their company. Further, nearly half said that their primary concern was that their data in the cloud was not secured. Even if data security can be assured, service outages caused by technical issues, business failures, and the unpredictable nature of cloud startups can quickly erase any business benefits.
IT’s Massive Role in Connected Products
If your company is in a product oriented business where commerce is about buying, moving, making and selling physical items, information technology tends to be pretty standard and somewhat out of the mainstream business. Most product companies have insulated themselves from a significant impact of IT downtime. Warehouses can often work for an hour or more without IT connection, manufacturing plants tend to reduce dependency on corporate computing and retailers can do business if the network connection is cut.
IOT for Breakthrough Cost Reductions
The one enduring competitive advantage over 40 years of strategy thinking is low cost. Not low price, but low cost. When your cost to produce is lower than the competition, you have the option to pursue differentiation in price, features, service, innovation, and quality.
IOT Demand Sensing Unleashes Integrated Business Planning
Big Data generated by the Internet of Things (IoT) will transform Integrated Business Planning (IBP), bolstering the holistic approach to business planning with more accurate forecasting and faster response times, and thereby creating a more nimble and efficient supply chain.
Intel Saves Millions Using IoT to Predict Equipment Failure
Intel saves millions of dollars by using the Internet of Things (IoT) to predict when shop floor tools will fail and repairing them before they can disrupt operations.
The Board of Directors’ Role in Digital Transformation
Digital innovation regularly rewrites the roles of business. Established enterprises that once dominated the market face threats from new, nimble competitors leveraging technology in order to level the playing field.
The Innovation Operating System
I recently ran across the work of Nicolas Bry, senior vice president of Orange’s digital innovation unit, Orange Vallée, who makes some great observations on the role of collaboration in business success. There are several major trends that are converging to yield winning business models. Understanding where these are heading will help us lead our organizations and clients to sustainable futures.
Rising Inventories: A Problem For Companies
Economist Bill Conerly, in Forbes.com, analyzed the GDP change from Q1 -2.1 percent to Q2 +4.0 percent to find a 2.9 percent swing in inventory build up between the quarters. Inventory levels are a key measure of the digital maturity of your supply chain.