Digital twins are an emerging class of enterprise software that use IoT technologies to monitor, analyze and control business resources such as equipment, people, and processes. Digital twins support organizations to achieve & improve business outcomes. According...
Cost Optimization vs. Cost Reduction In today’s era of change and uncertainty, cost optimization is a key buzzword. However, the easier and more commonly taken route is cost reduction vs. cost optimization. Organizations approach cost reduction by working with legal...
Over the past 50 years, the construction industry has been a slow adopter of processes and technology innovation. The industry still relies heavily on manual labor, mechanical technology, and an established operating model. Hence, construction productivity has...
All enterprises face disruptions in today’s digital age, and only the fittest will thrive. Disruptions come in a variety of forms whether it is political, economic, or social. Now more than ever, disruptions are technological. They change the equilibrium of an...
As we unfold into the Fourth Industrial Revolution, companies are looking at mobilizing technologies to achieve operational efficiencies, grow revenue streams, expand to new markets, and compete globally. In order to harness the transformative potential of the...
Due to the speed of change we are experiencing today, building an automation foundation is the essence of business resilience. COVID-19 changed the way business processes are executed, and it happened overnight. The pandemic has forced the fallback on technology...
Digital businesses thrive on data and the analysis of data, yet many organizations still treat data and analytics as secondary to their business initiatives instead of treating it as the number one asset. A healthy data-driven culture should allow traditional processes to be automated, operations optimized and costs reduced, as well as visibility into business performance.
The rapid outbreak of COVID-19 has affected all industries across the globe Most sectors are suffering through a downturn in profit, sustainability and employee retention. Labour and commercial markets, in particular, are facing excruciating business challenges from...
