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Why digital transformation will drive business model innovation

Jeffrey Phillips

While the implementation of new technologies is interesting and challenging, and creating new products and services is daunting, at least you can still do that primarily if not exclusively in your existing business model. Financing If sales move from individual buyers to fleets, financing models change. Shifts in branding?

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Scale gives way to speed

Jeffrey Phillips

As more and more of the supporting infrastructure (HR/IT/Finance/etc) can be acquired as a service, companies don't need to achieve scale to achieve profitability, or to crowd out other competitors. Scale is giving way to agility, speed and customer experience. Speed, agility and insight matter more.

Agile 134
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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. In addition, the increased efficiency of these technologies has made it possible to keep up with rising consumer demands and shorten production timelines.

Data 52
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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. In addition, the increased efficiency of these technologies has made it possible to keep up with rising consumer demands and shorten production timelines.

Data 52
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Data-Driven Mindset: how to implement data culture in your company?

mjvinnovation

The benefits of guiding your decision making with data are numerous, among them: Cost reduction Decrease in rework Efficiency Customer satisfaction Market value. The rise of data-driven culture. Data Science. See: it was technology that catapulted this retail company to where it is today. Advantages of data culture.

Data 59
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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

Second, the leaders of these companies tended to be those who excelled at finance, supply chain or production. Their most profitable segment is very high-end processors used in data centers in servers and the cloud. Today that’s built on the premise that an x86 architecture is the one best suited for big data.

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How to grow faster than the market average

hackerearth

According to McKinsey’s , across all dimensions, the most significant differences between top growers and their peers were in data and analytics, developing products and services, and company processes, such as agile work environments, cross-functional collaboration, and colocated teams . Promotes low-risk, data-driven action plans.