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Leading with Products: The Next Stage in the Evolution of IT Service Providers
There was a time when enterprises looked at IT service providers primarily as a source of inexpensive, trained engineers to manage their “mess for less.” Provider revenues were directly proportional to head count. There were sporadic discussions in provider boardrooms about the need for nonlinear growth, which led to an initial investment in in-house tools. Consequently, providers developed tools to accelerate their own backend operations, reduce delivery costs and timelines, and achieve annual cost reduction goals in their contracts. This paper showcases the HCL case study, one major provider that has been part of the trend to product-led services. Along with its Q3FY21 results, HCL announced it had reached USD 10B in annualized revenue for the calendar year 2020—a significant milestone. Interestingly, its Products & Platforms segment accounted for 16% of its calendar year revenue with nearly 30% YOY growth. Thus, reflecting how important those products are in its growth strategy.
May, 2021
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Digital Masters 2021 RadarView™
The Digital Masters 2021 RadarView™ report addresses the need of enterprises to understand the tech-enabled transformation imperative and identify implementation services providers best-suited for complex transformation initiatives, supplying granular insights for each provider. The 83-page report also provides our point of view on how enterprises have changed the way they look at technology, outsourcing, and reprioritizing their digital investments.
May, 2021
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Quantum Computing Coming Sooner Than You Think
The slow pace of quantum development has inspired enterprises to take a “wait and watch” strategy for quantum applications. Increasing the number of qubits while reducing the noise or error correction is the most critical challenge in quantum computing. However, the next five years will be crucial in the development of quantum computers. So now is time to build partnerships and identify pilot programs for when quantum computing becomes affordable and accessible to your size and type of organization.
May, 2021
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Consumer Finance – Technology-led Transformation enhances Consumer Loan Servicing
The increase in innovative technology, ever-changing customer needs, regulatory pressure, competition, and demand for more real-time transparent loan management is impacting the consumer finance industry. Limitations due to legacy systems, lack of proper infrastructure, and a need for talent make it tough for banks and financial institutions to compete while trying to embrace advanced technology to meet customer expectations. In order to cope with these changes, organizations are leveraging technology-rich platforms supplied by service providers to enhance customer experience and afford an automated and transparent financial lending workflow process. This approach within the consumer finance industry is poised to drive transformation in the sector.
May, 2021
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Risk and Compliance Services 2020-2021 RadarView™
The Risk and Compliance Services 2021 RadarView™ report provides information to assist enterprises in charting out their action plan for developing a robust governance, risk, and compliance (GRC) program. It identifies key global service providers and system integrators that can help organizations expedite their GRC tool adoption journey. It also brings out detailed capability and experience analyses of leading providers to assist enterprises in identifying strategic partners for their digital transformation journeys. The 90-page report also highlights key industry trends in the risk and compliance sector and Avasant’s viewpoint on them.
April, 2021
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Hybrid Cloud Enables IT Transformation
Over the last 12 months, there has been a sustained increase in adoption of hybrid cloud strategies designed to enable digital transformation. During a recent analyst day, Rackspace Technology, announced offerings designed to best govern the hybrid cloud.
January, 2021
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Thriving in the New Normal: Enabling Hyper-Scale and Agile Business Through Hybrid Cloud
Avasant, in partnership with HCL Technologies, NetApp, and Cisco, hosted a digital forum that brought together a unique partnership of technology leaders who have pioneered a standardized model that can drive rapid deployment, migration and scaling of hybrid cloud. What resulted was the convergence of thought leadership and practical strategies around enabling hybrid cloud for business agility and sustainable innovation.
March, 2021
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Applied AI and Advanced Analytics Services 2021 RadarView™
The Applied AI and Advanced Analytics Services 2021 RadarView™ report provides information to assist enterprises in charting their action plan for an artificial intelligence (AI) and analytics strategy. It identifies key global service providers and system integrators that can help organizations expedite their digital transformation journey. It also brings out detailed capability and experience analyses of leading providers to assist enterprises in identifying strategic partners. The 82-page report also highlights key industry trends in the AI and analytics space and Avasant’s viewpoint on them.
April, 2021
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Cybersecurity Services 2021 RadarView™
The Cybersecurity Services 2021 RadarView™ report provides information to assist enterprises in charting out their action plan for developing a robust security posture. It identifies key global service providers and system integrators that can expedite their cybersecurity adoption journey. It also brings out detailed capability and experience analyses of leading providers to assist enterprises in identifying strategic partners for their digital transformation journeys. The 90-page report also highlights key industry trends in the cybersecurity space and Avasant’s viewpoint on them.
March, 2021
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Intelligent Automation Services 2020-2021 RadarView™
The Intelligent Automation Services 2020-2021 RadarView™ Report provides information to assist enterprises in charting their action plan for intelligent automation strategy. It identifies key global service providers and system integrators that can expedite their transformation journey. It also brings out detailed capability and experience analyses of leading providers to assist enterprises in identifying strategic partners for their digital transformation journeys. The 82-page report also highlights key industry trends in the intelligent automation space and Avasant’s viewpoint on them.
December, 2020
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Human Capital Management Suites 2020 RadarView™
The Human Capital Management Suite 2020 RadarView™ report addresses the need of enterprises to identify the right solution to enhance their HR function. It also brings out detailed capability and experience analyses of leading vendors to assist enterprises in identifying strategic partners for their HR transformation journeys. The 48-page report also highlights the key adoption and product evolution trends in the HCM suites space and Avasant’s viewpoint on them.
October, 2020
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Hybrid Enterprise Cloud Services 2020-2021 RadarView™
The Hybrid Enterprise Services 2020-2021 RadarView™ report provides information to assist enterprises in charting out their action plan for developing hybrid cloud environment. It identifies key global service providers and system integrators that can expedite their transformation journey. It also brings out detailed capability and experience analyses of leading providers to assist enterprises in identifying strategic partners for their digital transformation journeys. The 85-page report also highlights key industry trends in the hybrid cloud space and Avasant’s viewpoint on them.
December, 2020
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COVID-19: Enterprise Resilience Is Tested Like Never Before
With the ongoing pandemic many stories emerged of resilience, responsiveness, and innovation, as many of us are forced to live in the future. People were asked to act against their nature and shift from a collaborative workplace environment to isolation at home, further blurring the lines between work and life. This led to a need to strengthen the digital muscle hinged around remote-first working, cloud acceleration, smart IT operations, and automated business operations. Infosys seems to have already laid down the digital rail tracks which helped boost revenue and profit, reflecting resilience and adaptability of its business model in this time of crisis.
October, 2020
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Transforming the Enterprise: Driving Digital Innovation Through Hybrid Cloud
As enterprises accelerate their digital transformation journey, Hybrid Cloud environments have become the platform for agility, innovation, high-performance computing, enterprise applications, data analytics, and automating data services.
October, 2020
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Financial Management Suites 2020 RadarView™
The Financial Management Suites 2020 RadarView™ report addresses the need of finance leaders to identify the right solution to enhance their finance function. It also brings out detailed capability and experience analyses of leading vendors to assist enterprises in identifying strategic partners for their finance transformation journey. The 51-page report also identifies the key global vendors that can help enterprises in the adoption of financial management suite. The report also highlights the key adoption and product evolution trends in the Financial Management suites space and Avasant’s viewpoint on them.
October, 2020
