Market Watch

Rajat Kohli, Partner, Zinnov; Atul Srivastava, Engagement Manager, Zinnov; Swapnil Keshri, Project Lead, Zinnov Digital transformation and customer experience enhancement have been on the priority list of enterprises globally for some time now. For which, enterprises are either looking to reassess existing systems or are in the process of replacing their legacy IT systems altogether. The push to bring in the change has compelled enterprises to focus on Outsourced and Managed services, Application/Solution Deployment, Consulting, and Advisory services – this has translated into a massive opportunity for Global System Integrators . What are Global System Integrators? GSIs play a critical role in every technology-driven business. It has enabled enterprise digital transformation , by helping transition into digital technologies, processes, and smart ways of working. These providers offer a wide range of services such as Consulting, Design, Implementation, and Management of digital solutions. In essence, GSIs are actively working with global enterprises to understand respective business goals and needs, and design and implement technology solutions like Data & AI, Cloud, Metaverse , Blockchain , Cybersecurity, etc. that support the objectives. In this report, “Major Global System Integrators (GSIs) – Trends & Insights,” we have analyzed the multiple facets of GSIs […]

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At the World Economic Forum in Davos, Switzerland, Xavier Bettel, Prime Minister of the Luxembourg and Chuck Robbins, Chair and CEO of Cisco, have announced new initiatives to help accelerate Digital Transformation in Luxembourg. These will focus on three pillars: cybersecurity, talent development and education and sustainability. As part of its Country Digital Acceleration (CDA) programme, Cisco will continue to support Digital Luxembourg, the Grand Duchy’s long-term digitalisation movement. “Since the start of our collaboration with Cisco in 2018, we have made great progress in addressing challenges like cybersecurity and digital education. Today, we have agreed to further develop these initiatives and embark on new areas. We intend to utilise Cisco’s expertise in the field of sustainability to accelerate our net zero strategy. Reflecting upon the success of our first Country Digital Acceleration partnership with Cisco, I am confident that we will continue delivering on our joint objective to facilitate Luxembourg’s country-wide digitalisation,” said Bettel. “Luxembourg’s top position across various international rankings demonstrates the positive impact of digitisation for their citizens and economy, and I am proud of Cisco’s involvement. We both agree that developing Luxembourg’s future workforce and safeguarding the security of critical infrastructure and core assets of […]

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In our fourth episode, Ann Jordan , CEO of ASQ , joins Natasha Allen for a discussion on digital transformation and the so-called Fourth Industrial Revolution: Which industries are adapting the quickest? How can it be measured? What barriers are regions around the world encountering? And where does setting quality standards fit in? Go Deeper: Foley & Lardner’s Innovative Technology Insights podcast focuses on the wide-ranging innovations shaping today’s business, regulatory, and scientific landscape. With guest speakers who work in a diverse set of fields, from artificial intelligence to genomics, our discussions examine not only on the legal implications of these changes but also on the impact they will have on our daily lives. The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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The new year brings with it enthusiasm for new priorities and accomplishments to come, resolutions to seize opportunities and overcome challenges , and the opportunity to assess takeaways from the previous year and turn the page on projects and missteps past. In the ideal beginning of the year scenario, organizations would have completed celebrating and cerebrating on accomplishments of the previous year and performing forensic root cause analyses of the smattering of initiatives that failed to meet expectations. Now, rolling into Q1 with heads held high and bursting with confidence, the enterprise should be enthusiastically embarking on programs designed to realize the full promise of explicitly articulated goals and objectives. [ Discover the secrets of employee retention , why good employees leave (and how to prevent it) , and the best diversity and inclusion practices for changing your culture . ] This, however, is not the situation in many — probably most — IT and digital organizations today. Having just completed my walkabout of the C-suite in 12 vertical markets, I have found that the three words most frequently used to describe the general attitude toward 2023 were “uncertainty,” “headwinds,” and “conservative.” This has led me to conclude that […]

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When Digital Transformation Doesn’t Deliver — Photo by DocMX Digital transformation is no longer just a buzzword. A survey by global consulting firm BCG found that 60% of companies plan to increase their spending on digital transformation in 2023, compared to 2022. But more worryingly, according to 2,700 business executives questioned, over 70% of business transformations failed to achieve their objectives. With over 20 years working with hotel systems and operations worldwide, I recognise that business change comes with challenges. And knowing how to deliver best practice for digital implementation is vital. In our hotel industry, digital transformation can save significant costs, drive sustainability, enhance security and mitigate staff shortages. And so DocMX is here to help! Read my latest article about top tips for implementing new technological systems and the process for successful digital change in hotels. (link to article below) When Digital Doesn’t Deliver: The Do’s and Don’ts Rule Book for Hotels Last year, our Global Head of Hospitality, Aaron Belton wrote this advisory piece about the digital drive in our hospitality industry. He reflected that automation and digital transformation can no longer be viewed as future buzzwords and change is already happening in new and established […]

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Summary. HBR editor in chief Adi Ignatius sat down with Tiger Tyagarajan, CEO of Genpact. As CEO of a $4 billion global firm that advises clients on digital transformation, Tiger had a lot to say about AI, the metaverse, and how companies often fail on their innovation… Tiger Tyagarajan is CEO of Genpact, a global firm that advises clients on digital transformation. Tyagarajan helped transform a division of General Electric (GE Capital International Services) into Genpact, a company that now has more than 100,000 employees and annual revenue of $4 billion. He says there’s an important difference between simply “digitizing” your company (by, for example, automating tasks) and truly transforming it digitally, which goes beyond technology to develop the people and processes that make up a firm’s culture. For this episode of our video series “ The New World of Work ”, Tyagarajan sat down with HBR editor in chief Adi Ignatius to discuss: The promise, and limits, of emerging AI technologies like ChatGPT, and how they could augment what employees do without necessarily replacing them. The long-term promise, but short-term dangers, of the metaverse. Surprising leadership and team-dynamics insights from cricket. “If there’s a game that teaches you […]

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Alchemist Community Development Corp., which was founded in 2014, has many projects under its umbrella, all of them a part of the nonprofit’s mission to "connect communities to land, food and opportunity." Those goals, Executive Director Sam Greenlee says, can be achieved in part by helping entrepreneurs who may be just starting out and in need of some assistance. "They just need that helping hand for the first couple of years to get started on that, so they can start to build wealth and employing their neighbors," Greenlee said. Before joining Alchemist, Greenlee had been working with his neighbors in Sacramento’s Oak Park to foster a stronger sense of community in the area. He co-founded the Oak Park Fix-It Cafe, a monthly gathering where neighbors could help one another with projects like bike and small appliance repair. Community engagement was not new to Greenlee. Initially, seeing the potential for community aid within religious structure, Greenlee pursued theology and graduated from Princeton Theological Seminary in 2012 with a master of divinity. "The places where I had seen community work being done effectively was in congregations. That’s where I saw people taking care of one another and people running programs that […]

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The United States is experiencing income inequality at a level not seen since the 1920s, and it is worse in Atlanta than in any other major American city. [1] The consequences of this inequality are made clear when examining student performance across districts. Georgia has one of the highest overall rates of child poverty in the nation and simultaneously provides schools with no specific funding to support these children—one of only six such states. [2] This year’s edition of the State of Education Funding report will focus exclusively on poverty in Georgia’s schools and what can be done to support schools serving learners experiencing poverty. Georgia must join the rest of the nation and create an Opportunity Weight in the school funding formula to specifically address the needs of students living in poverty. This type of funding would help ensure these students are given comparable opportunities to their wealthier peers. Understanding Poverty in Georgia’s Schools As of 2020, Georgia had more children (aged 0-17) in poverty than 43 other states. [3] According to the most recent Georgia KIDS COUNT Data, 20 percent of children in Georgia live in families with incomes below the federal poverty level. [4] Black and […]

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SMYRNA, Del. – The Delaware Emergency Management Agency (DEMA) is urging eligible tax-exempt nonprofits, including faith-based organizations, to prepare now for an upcoming Nonprofit Security Grant Program (NSGP) opportunity anticipated to be available for applications in early March 2023. NSGP provides funding for projects that enhance physical security and cybersecurity to nonprofits at high risk of a terrorist attack. Registered 501(c)(3) nonprofits in Delaware can apply for up to $150,000 in competitive, reimbursable * funding for up to three total sites, for a maximum possible award of $450,000. NSGP is funded through the Department of Homeland Security (DHS) and administered in partnership with FEMA and DEMA . In FY2022, $2.4 million was awarded to 24 Delaware nonprofits for a multitude of projects. Examples of previous projects include installing vestibules, bollards, and outdoor security lighting; purchasing cybersecurity software; CCTV systems; and upgrading windows and doors to be forced-entry resistant. Two requirements for NSGP applications are a Vulnerability Assessment and Unique Entity Identification (UEI) Number . DEMA advises interested applicants to begin the process now because completing these prerequisites is often time-consuming. Vulnerability Assessment All applicants must submit a current vulnerability assessment specific to the site for which they are applying […]

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Tribal House Glacier Bay National Park and Preserve, Image courtesy of National Park Service, Public Domain Today, the U.S. Department of Energy (DOE) Office of Indian Energy Policy and Programs (Office of Indian Energy) issued a Notice of Intent (NOI) to release a $50 million Funding Opportunity Announcement (FOA) this spring to support clean energy technology deployment on tribal lands. Awards from this planned FOA are anticipated to range from $100,000 to $2.5 million or from $250,000 to $5 million, depending on the Area of Interest. “We hope this investment will provide aid to American Indian and Alaska Native communities to address high energy costs and unreliable electricity, as well as bring power to unelectrified homes,” said Wahleah Johns, Director of the Office of Indian Energy. “The $50 million that will soon be available is intended to support the transition to a clean energy future and energy sovereignty.” Through this planned FOA, the Office of Indian Energy intends to solicit applications from Indian Tribes, which include Alaska Native Regional Corporations and Village Corporations, Intertribal Organizations, and Tribal Energy Development Organizations, to: 1) Install clean energy generating system(s) and/or energy efficiency measure(s) for tribal building(s); or, 2) Deploy community-scale clean […]

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