IT Spending

Economic Benefits of 3rd Platform IT Spending Are Not Always Equal

While it’s no surprise to learn that ICT spending continues moving to the 3rd Platform, or that new technologies like AR/VR and cognitive AI continue to deliver double-digit rates of growth during the current early stages of deployment and prototyping, there are many geographic differences in the way that new categories are gaining traction (or not) in different country markets and what this means for the likely economic benefits in the next 5-10 years.

Read More
Robotics

AI Enabling Intelligent Robotic Picking

Robot Picking Intelligence / AI

The evolution of robotic technology is, in part, a function of the related technology ecosystem and the rapidly improving capabilities of the technology areas that are being built into robots. One of the most influential technology areas that is helping to deliver modern intelligent robotics is Artificial Intelligence (AI).

Read More
Data

Answering the 5 W’s of Data: Data Intelligence Software

IDC Data Intelligence

Data governance is no longer optional: regulations such as GDPR will start to be enforced; and organizations are finally realizing the value of data as an asset that needs to be protected, managed and maintained to increase asset value. Because data is a digital asset, and has mostly been managed within the realm of IT, organizations are quick to look at technology, expecting to find data governance software and solutions; but technology is only part of the solution.

Read More
Leadership Strategies

Breaking Down the DX Platform, the Key to Emerging as a Digital Native Enterprise

Breaking Down the DX Platform

The DX platform is the future technology architecture that accelerates DX initiatives for the Enterprise. It enables the rapid creation of externally facing digital products, services, and experiences while aggressively modernizing the internal IT environment toward an “intelligent core” in parallel. Organizations that can “re-architect for scale” using the DX platform approach will stand out as most likely to be “digitally transformed” over the next three to five years and emerge as a digital native enterprise in that time frame.

Read More
Health

Amazon, JPMorgan, Berkshire again exemplify the new economics that highlight health plan disintermediation

Health Mergers Acquisitions

As IDC Health Insights predicted in August 2017 (Digital Transformation and New Economics Highlight Payer Disintermediation), we anticipated more deals and vertical integration. CVS announced its intention to buy Aetna. In December, and this week Amazon, Berkshire Hathaway, and JPMorgan Chase announced a partnership to cut health-care costs and improve services for their U.S. employees, with the aim of improving employee satisfaction and reducing costs.

Read More
Finance

Insurers Are Beginning to Embrace Open APIs To Tune In To The Evolving Digital Ecosystem

Insurers to Embrace Open APIs

The ‘Open Banking Revolution’, triggered by the second Payment Services Directive (PSD2), will see new, API-connected services brought to European consumers around the traditional core financial services, creating a more holistic banking experience. It is not just the regulation that is pushing banks to deliver customer-centric products and services. It is also the changing customer attitudes in the way they engage with their banks. It won’t be surprising if insurers are faced with a similar regulation or challenged by competitors influenced by the disruptions in banking sector.

Read More
Data

How Much Money is Your Company Making from its Data?

Make Money from Your Data

What if you discovered oil in your backyard? How would you get it extracted from your property and deliver it to customers? Where would you sell it and what would you charge? If the world’s most valuable resource is no longer oil, but data, how does your enterprise leverage the data it already creates and manages to turn what is ‘in your backyard’ into a sustainable revenue stream?

Read More
Data KPIs

Why Digital Transformation is Demanding New KPIs for IT

Digital Transformation Demands New KPIs

Digital transformation (DX) is causing a shift in the enterprise. Business leaders must rely on new KPIs for effective IT measurement. This blog covers the shift from traditional IT KPIs to the new KPIs that are being demanded as organizations are disrupted by digital transformation.

Read More
Health

Payer/Provider Contract Management 2.0 for Payers

The day-to-day management of fee-for-value (FFV) transactions is virtually 100% manual, with critical calculation of value-based payments performed by spreadsheet or custom programming in SAS or SQL. As the number and breadth of value-based relationships grow, the industry’s administrative burden worsens. Important FFV calculations and financial settlements are months delayed, lacking transparency and accuracy. The ability of payers to launch new value-centric benefit products is hobbled by inflexible contract and payment platforms.

Read More
Leadership Strategies

Fulfilling the Digital Transformation (DX) Strategic Priority of Digital Business at Scale

IDC Digital Leadership Blog

This is part 5 of the blog series on Digital Transformation (DX). This blog focuses on one of the three strategic priorities for the enterprise – Digital Business at Scale, creating an operating model to run new businesses at scale.

For previous parts in the series, see Part 1, Part 2, Part 3 or Part 4.

Read More
1 7 8 9 10