Category: Uncategorized

Want a Digital Transformation Dream Team? Here’s Who You Need | In the News

The importance of cross-functional teams to digital transformation can’t be understated: They have always been important, says Tony Saldanha, a former IT executive from Procter & Gamble, and the author of ‘Why Digital Transformations Fail.’

According to Jimit Arora, partner at management consultancy Everest Group, “The most effective digital teams have low attrition rates, are co-located near business users, exhibit breadth across multiple disciplines – and depth in a few – and tend to include more experienced professionals rather than recent graduates.”

Read more in DX Journal

For Better or for Worse, the Pink Slip Culture Is India INC’s New Normal | In the News

In 2009, when Tech Mahindra acquired Satyam Computer Services and said it would lay off around 10,000 “surplus staff,” the government intervened and ensured the retrenchment was called off.

“When Indian IT companies chased rapid growth—which is hard to come by now—they kept adding people without realising demand patterns in the future,” Yugal Joshi, vice-president at Texas-based consultancy Everest Group, said. “Indian IT companies created bloated middle management that was pushing paper and managing projects rather than upskilling itself. As the teams become more independent and self-governing to serve the digital world, the need for a classic project manager goes down and therefore, this layer comes under a bigger threat (of getting laid off).”

Read more in Quartz

Everest Group Enterprise Managed Blockchain Analysis Places IBM and Microsoft at the Summit | In the News

The enterprise managed blockchain, or blockchain as a service (BaaS) space, is one which though nascent has many of technology’s fastest horses running in the race. Amazon Web Services (AWS) and Microsoft, who continue to conduct their battle for cloud infrastructure, have well-known stakes in blockchain, as well as many of the ‘second tier’ cloud provides, from Alibaba Cloud, to IBM, to Oracle.

A new report from Everest Group has assessed the runners and riders in managed blockchain platforms – and has put IBM and Microsoft Azure at the top of the tree.

Read more in The Block

DTI Remains Bullish on Services Exports | In the News

Trade and Industry Secretary Ramon M. Lopez said there is no need to revise the government’s exports growth forecast even if the IT-business process management sector has reduced growth target for the period 2020-2022.

A study by Everest Group, which seeks to recalibrate the growth projections in the original roadmap, showed two scenarios.

Read more in Manila Bulletin

Analyst Relations Newsletter Q4 2019: Key Highlights from Custom Research

Key highlights from recent custom research projects

Case #1: Advised a leading IT service provider on its future skills strategy for next-generation IT services delivery

The client was looking for guidance on its future skills investment decisions to help time its skills development to meet market needs. We defined a detailed skills landscape/taxonomy comprising 1,100+ hard IT skills across three time horizons – one year, three years, and five years) and industries (including financial services, retail, manufacturing) to ensure that talent development efforts are aligned with the market requirements.

As part of the project, we helped the client model skills premiums for emerging and niche/specialist skills by factoring in the impact of market demand and supply. We benchmarked the availability of emerging and niche skills among key competitors and assessed skill-building initiatives planned or currently underway among competitors to suggest best practices in this space.

Our detailed assessment and recommendations helped the client craft a differentiated strategy for skills development.

Case #2: Supported one of the largest U.S.-based financial services firms to future-proof talent and skills strategy against technology disruption

The client was looking for industry data and peer insights to develop a skills outlook for the IT services sector and define an optimal vendor strategy for its global delivery partners. To ensure a robust, future-proof analysis, the client was seeking insights on demand and supply of niche/specialist skills (such as AI, IoT, blockchain, and AWS) across multiple geographies, including Australia, India, Germany, the UK, and the US in the context of financial services industry.

We identified key skills likely to be critical in the future across multiple work areas and assessed the reskilling potential for these skills. We supported our work with a deep-dive analysis on the demand-supply gap for these skills across two-time horizons – 12 to 18 months and three to five years – to help the bank define an optimum strategy for sourcing high demand-low supply skills. We provided recommendations on how to address gaps in the current talent strategy and support future growth and supplemented that information with emerging talent management practices relevant to the needed skill sets.

What’s Your Company’s Digital Ethics Score? | Blog

I marvelled at the passion demonstrated by the London Extinction Rebellion activists while I attempted to make my way to the Digital Agenda Power & Responsibility Summit at the British Library on 9 October.

During the Summit itself – while listening to presentations delivered by eminent speakers including Matt Warman MP, Minister for Digital and Broadband at DCMS; Sana Khareghani, Head of UK Government Office for AI; Russell Haworth, CEO, Nominet; Cheryl Stevens MBE, Deputy Director for Trust & Identity at DWP; Jacqueline de Rojas CBE, President, techUK; and Caroline Criado Perez OBE, award-winning author of Invisible Woman and activist – it struck me that consumer disillusionment with unethical applications of technology could lead to its own type of activism in the form of product and service boycotts.

Read my blog on Digital Agenda

Rising Cyber Security Threats in Manufacturing | In the News

Manufacturing shop floors may look futuristic these days, with industrial robots, wireless connectivity and large-data operations driving efficiencies.

“The threat has now become very apparent to the manufacturing sector, which faces risks from the malevolent hacking of their IoT investments to the intellectual IP theft from China and other rogue states,” said Peter Bendor-Samuel, chief executive officer, Everest Group, an IT advisory and research firm.

Read more in ETCIO

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