CEOs left bewildered by the jumble of so-called big data at their fingertips better start connecting the dots soon. Otherwise, they could fall behind the competition over the next five years, especially if they're in financial services or healthcare.
As consumers increasingly demand more customized products at lower costs, manufacturing is only becoming more complex. These changes are presenting big challenges for manufacturers, and those that adapt and embrace data may be able to use that complexity to create a competitive advantage.
Manufacturers are increasingly deploying digital technologies to boost efficiencies and optimize their production lines. But while sensors, data and processing can provide actionable information, manufacturers still need humans with the skill and ability to manage it all.
As manufacturers continue to explore digital technologies to drive efficiency and product & process improvement, they're discovering that strategy and implementation can be almost a full-time role.
In an era of “transform or be transformed,” it’s increasingly critical that companies seek out ways to gain a competitive edge by using data and analysis tools to better understand customer decision-making, speed processes and improve operations. Here are 3 things companies exploring digital transformation should consider.
Talk of machines replacing most customer-facing staff, let alone company managers, has so far been little more than that: talk.
While mid-market companies are at great risk from cybersecurity threats, few are effectively prepared to mitigate those risks. A new online resource now offers mid-market companies education, tools and a framework to develop a strong cybersecurity program.
It's not keeping hackers out that's important. It's dealing with them when they get in.
The mantra of the digital revolution is well-worn: It’s time to get moving or risk extinction. But move where? Move how? If you act out of fear and merely follow another company’s lead, you will make bad decisions.
JPMorgan Chase CEO Jamie Dimon says blockchain is a real thing, while ex-Barclays CEO Antony Jenkins just got heavily involved.