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Digital Disruption from EX²

AI Transforming the Manufacturing Industry with “Intelligent Design”

By Krishna Murthy

Manufacturers across a broad range of sectors are finding that artificial intelligence (AI) systems can benefit their firms in a variety of ways. In the manufacturing section, most of the early AI systems were intended to help design optimal manufacturing processes, and to increase operational efficiencies at large factories, chemical plants, and refineries.

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Topics: Artificial Intelligence

AI Turbocharges the Digital Transformation of the Retail Industry

By Krishna Murthy

Artificial intelligence with practical, everyday applications is no longer the stuff of science fiction. AI is already being employed by thousands of businesses of all sizes today to help them do business faster and less expensively or to develop an edge over the competition.

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Topics: Artificial Intelligence

How AI is Reshaping the Mortgage and Real Estate Industries

By Krishna Murthy

Artificial intelligence, machines that think, are going to change the way we live, work and play. In fact, AI is already having a major impact on a number of key sectors in the global economy, and “early adopters” in these industries are already seeing phenomenal return on investment as AI opens up new business opportunities and creates value through identifying new process efficiencies.

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Topics: Artificial Intelligence

Role of Custom Development in Digital Transformation

By Lisa Carolan

Custom development has quickly emerged as one of the main methods companies use to engage customers in a way that ties them closer to the company and its brand. Apps are the main application for custom development, and their prevalence speaks to their success.   

Custom development refers to the process of creating a custom user experience for your brand. On its surface, it might seem simple, but custom development also entails originality. It starts by thinking critically and creatively about your customers’ journey, their persona, and the value your brand, product, or service can bring to them.

To understand the role custom development plays in digital transformation, we should take a look at how companies implement apps in a business environment.

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Topics: Custom Development, Digital Transformation

How to Change Your Digital Partner When Things Go Wrong

By Lisa Carolan

You have signed an agreement with a digital partner. You brought them on because you were hoping that they would help hasten the process of digital transformation. However, something does not feel right, and they keep missing important deadlines. After talking with some of your peers, you realized that your digital partner is not up to par. Therefore, you want to change.

Now you must confront a serious problem: how do you break free? You do not want to hurt your company by rapidly firing a team. You also do not want to have to spend months undoing what they have done. How do you get rid of a bad digital partner without disrupting your whole business?

Like most business plans, you need a strategy. It would be a bad idea to make decisions without knowing your options. You do have different alternatives when it comes to changing your digital transformation partner.

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Topics: Digital Partner

How to Tell If You Have the Wrong Digital Partner

By Lisa Carolan

 

 

You needed to find a digital partner to help get ahead of the digital disruption that is occurring in your industry. You read that 84% of companies fail at their digital transformation efforts, so you make sure to invest the time and do the research to find the right partner.

Now you find yourself half-way through your project and the end isn’t as clear as you thought it would be. Or you expected your new systems to launch by now, but your partner has missed the date more times than you can count. Or perhaps you’ve launched, but you haven’t seen the promised results yet.

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Topics: Digital Transformation, Digital Disruption

7 Questions You Must Ask Your Digital Transformation Partner

By Lisa Carolan

 

Digital disruption is business model transformation brought about by integrating digital technologies into a company’s processes. This disruption has helped millions of businesses reach new customers and grow their revenue. It has also left many businesses behind as they have been slow to embrace change. The main cause for these businesses falling behind, after lack of vision, is failing to adequately prepare for digital integration.

One of the most important steps a business can take in dealing with digital transformation is to have a reliable partner to help navigate through the complex digital world. However, the key word here is “reliable.” Too many partners today don’t offer all the insights and benefits a digital transformation partner should.

So, what are the characteristics of a reliable digital transformation partner?

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Topics: Digital Transformation, Digital Disruption

5 Signs You've Outgrown Your Content Management System

By Lisa Carolan

 

Documents and digital data are the lifeblood of any business but managing a large and constantly growing information repository can quickly become a full-time job. Companies also face security and compliance risks unless they have a centralized and carefully planned content management system.

Enterprise content management (ECM) systems provide a secure, centrally managed document and digital asset management solution for files, data and printed document scans. For large businesses and enterprises, ECM system uses include web publishing and unstructured information management for internal and external users.

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Topics: Digital Transformation

Why Your Digital Transformation Strategy Is Failing, and What You Need to Do about It

By Lisa Carolan

With the endless barrage of hype coming from business technology enthusiasts why is it that 84% of companies fail at digital transformation? While such statistics are delightful ammunition for Neo-Luddites, there’s undoubtedly a serious disconnect between enterprise technology and business goals.

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Topics: Digital Transformation

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