Key Words: Core Business / New Business / Legacy System / Effective Change Click here for the full article Abstract: McKinsey research shows that established companies win by addressing digital strategy’s dual imperatives: building new digital businesses while digitizing legacy operations. Balancing the dual imperatives of digital can be difficult but exceptionally rewarding. According to respondents to a [...]
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Key Words: Digital / Legacy / IT Strategy Click here for the full article Abstract: As IT software and infrastructure age, and as more features are added to legacy systems, technical debt grows and puts additional fixed operating costs on the company, diverting precious investment in innovation and new capabilities. Over time, the challenge of connecting and updating these [...]
Key words: Insurance / Reduction of Operating Costs / Claim Automation/ RPA Click here for the full article Abstract: Survey analyses insurers efforts on on improving operational efficiency. This is a core lever as currently 25 percent of every premium dollar is consumed by operating expenses. Report shows areas of focus in the past 12 to [...]
Key words: Business Ecosystem / Organisational Agility / Opportunities / Control Click here to read the full article Abstract: Businesses are increasingly acting in multicompany ecosystems that incorporate a wide variety of players. Ecosystems combine information and capabilities from a wide variety of players, increasing their collective ability to explore new paths and learn about [...]