Leadership Strategies Procurement

4 Key Actions to Transform Your Procurement Organization

4 Key Actions to Address Sourcing and Procurement Challenges

Before diving into the key actions you can follow to transform your procurement organization, let’s consider a recent scenario I heard from a client. This will give you a better picture of the kinds of problems the key actions provided further in this article can help you tackle.

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Retail Renaissance: Takeaways from the NRF “Big Show” 2019

NRF’s Big Show 2019 should have been held in Phoenix. Like that city’s namesake, a long-lived bird of mythology, retail cyclically regenerates, arising from the ashes of its predecessor. While retail is clearly not in ashes, it is being reinvented before our eyes.

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Utility Grid Attacks Highlight the Need for Digital Trust

IDC Digital Trust Blog

Over the past two years there has been mounting evidence of the Russians attacking the U.S. utility grid. Recently, the Wall Street Journal provided more specific details about the campaign revealing that hundreds of small contractors were attacked. While the techniques used were not novel, the campaign highlights an increasingly pervasive problem, as the Journal points out:

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Autonomous Mobile Robots are Driving Productivity and Enabling Flexible Automation

This past holiday season, more robots than ever were involved in the handling and shipping of your ecommerce orders and the movement of packages from fulfillment centers to your doorstep.  The past several years have seen a significant uptick in interest in robots, but 2018 saw an evolution from interest and pilot programs to full on deployment and value generation.  In fact, two vendors of autonomous mobile robots (AMR’s) made some news with the volume of units that their robots supported in the fulfillment process. 

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IDC MarketScape Provides an Assessment of the Worldwide Digital Transformation Service Providers for Insurance

Assessment of the Worldwide Digital Transformation Service Providers for Insurance

IDC Financial Insights’ latest insurance research uses the IDC MarketScape model to present a 2018-2019 assessment of 13 vendor companies servicing the insurance organizations across the globe in their digital transformation (DX) initiatives. This research is a quantitative and qualitative assessment of a vendor’s ability to enable insurance organizations to succeed in their DX initiatives and help anticipate its ascendancy. The evaluation is based on a standardized and comprehensive framework and a set of parameters expected to be most conducive to success in providing DX services in the short and long term. The general market’s perception and technology buyers’ perception of vendors’ current capabilities as well as their attitudes to innovation to help insurance carriers and intermediaries thrive in an extremely challenging marketplace are key components of this evaluation.

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2019 Predictions IDC FutureScape - Worldwide Predictions

Worldwide Connected Devices 2019 Predictions

IDC Connected Devices Predictions, ARVR

The device landscape continues to progress at a rapid pace. Existing devices evolve into new, more usable form factors, and brand-new categories enter the market and quickly impact employee productivity, while IT races to manage them. The top 10 predictions for worldwide connected devices are:

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Seven Steps to Resolving the Problem of Cloud Sprawl

Cloud Sprawl Management

Enterprise LOBs are rushing to implement cloud-based SaaS solutions, often without support from IT. However, although initial pilot costs may be minimal, as applications begin to scale, their financial impact becomes significant. What steps can CIOs take to address this problem?

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Cybersecurity Certifications: Practical Advice for Technology Leaders

Cybersecurity Certifications

As organizations undertake digital transformation initiatives, cybersecurity concerns rise in significance. Digital transformation efforts often lead to the selection and implementation of new technology solutions, increasing the complexity of the computing environment and, therefore, increasing the attack surface of the organization. Cybersecurity professionals must remain at the top of their fields, keeping abreast of changing technologies. Certification programs provide IT leaders with an objective yardstick as they evaluate their teams’ existing skills and identify potential skill gaps.

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2019 Predictions Finance IDC FutureScape - Worldwide Predictions

Top 10 Worldwide Financial Services 2019 Predictions

FinIDC - Top 10 Financial Services 2019 Predictions

The mission in financial services today is driven by the need to improve customer engagement in selling, delivering, and servicing financial products, payments, and services. Included in this mission is the need for some financial service firms to improve their “brand trust,” providing their customers with a more transparent and secure environment. While some of this will be driven by internal strategy, much of it will be dictated through regulation and guidance. Driving all this is a concept called “connected banking,” which is forcing the industry to disrupt its own business model by connecting to adjacent markets in order to expand the relationship with its customers and provide an experience that is being shaped by industries outside of financial services.

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2019 Predictions IDC FutureScape - Worldwide Predictions

Top 10 Worldwide Social and Experiential 2019 Predictions

IDC Social and Experiential 2019 Predictions

The consumerization of technology and how people are communicating are changing — as is how brands are pivoting to use social technologies to engage with customers, partners, and employees to meet their increasing expectations.

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