Latest Reports
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Cross-Border Commerce, Digital Currencies, and the Future of Money
Traditional payment systems are proving to be too slow to accommodate increasing levels of e-commerce and cross-border transactions. And demands for faster payment processing will only increase as commerce enters the omniverse. This Research Byte outlines the factors driving the need for speed in financial transactions. We examine the benefits and drawbacks of one kind of digital currency—cryptocurrencies—and what the future of money could look like. We conclude with recommendations for enterprises to understand and prepare for the future of money.
August, 2022
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Digital Enterprise Maturity 3.0: Boosting Business Resilience through Technology
The pandemic disrupted the technology adoption curve, as most enterprises had to skip the trial or pilot phase to get ahead. As companies graduate in their digital journey, their focus shifts from tangible benefits, such as revenue growth and employee productivity, to intangible aspects, for example, sustainable business practices and employee wellness. The Digital Enterprise Maturity 3.0: Boosting Business Resilience through Technology report allows businesses to benchmark their digital strategy and ongoing initiatives against their peers using NASSCOM and Avasant’s digital maturity framework, which identifies performance gaps and prospects that lie ahead.
July, 2022
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Automation As a Driver for HR Transformation
With rising labor costs, a skills gap, and the “great resignation,” human capital management is a strategic imperative. It is no longer just about back-office functions but about talent retention and increasing productivity while keeping costs down. Vendors are responding to these challenges by developing new capabilities such as self-service to reduce time on administrative tasks and artificial intelligence to automate processes and make personalized recommendations to employees, managers, and HR staff.
August, 2022
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IT Vendor Governance Best Practices
IT vendor management is a function and set of practices that guide the selection, management, and assessment of IT suppliers to ensure that all parties comply with the terms of their contracts. IT supplier management has been a best practice for many years, but the disciplines have evolved. Traditional IT vendor governance practices are now inadequate to navigate the changing business ecosystem. The upshot is that most organizations need to transform their vendor governance programs. This Research Byte summarizes our full report on IT Vendor Governance Best Practices.
August, 2022
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IT Vendor Governance the Key to Realizing Value from IT Supplier Relationships
IT vendor management is a function and set of practices that guide the selection, management, and assessment of IT suppliers to ensure that all parties comply with the terms of their contracts. IT supplier management has been a best practice for many years, but the disciplines have evolved. Traditional IT vendor governance practices are now inadequate to navigate the changing business ecosystem. The upshot is that most organizations need to transform their vendor governance programs. This Research Byte summarizes our full report on IT Vendor Governance Best Practices.
August, 2022
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Leveraging Service Providers to Manage Network Complexity
An increasingly global workforce, more demanding customers, and the rapid growth of cloud computing are all combining to make organizations more reliant on networks. The pandemic accelerated that trend as organizations needed to ramp up their work-from-home capabilities with cloud-based collaboration tools and increased mobility. As networks become more important and more complex, there is pressure to bring in more outside help to manage elements of those networks. This Research Byte summarizes our full report on Network Operations Outsourcing Trends and Customer Experience.
July, 2022
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Network Operations Outsourcing Trends and Customer Experience 2022
Network operations is a mature but evolving outsourcing category with a wide assortment of top IT and telecom industry service providers competing with regional providers for market share. In addition, large equipment vendors are transforming their businesses beyond being manufacturing producers to delivering value-added network services. In doing so, they provide the network backbone to enterprise organizations as well as a growing variety of network services, including network design and planning, and even network support operations.
July, 2022
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An Innovator’s Story: Creating a Business for Lasting Success
Ring, the first provider of video doorbells, is an interesting case study in innovation. Jamie Siminoff founded the firm in 2013, and, despite walking away from an episode of Shark Tank with no money, grew it to disrupt the home security industry. He eventually sold Ring to Amazon in 2018 for over $1 billion. This Research Byte provides a summary of Siminoff’s keynote and fireside chat at Avasant’s Empowering Beyond Summit earlier this year.
July, 2022
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Big Quit Hits IT
In recent years, turnover has been low and steady among IT organizations. So when the “Big Quit” started to make headlines, the perception was that it was primarily led by lower-paid, less-educated workers looking for better pay. But as the headlines started referring to the “Big Quit” as the “Great Resignation,” it became clear that all types of employees in all types of jobs were leaving. Employees, driven by a combination of inflation, a need for more flexible or safer work environments, better work-life balance, the expense of childcare, and other personal reasons, were on the market for different job opportunities—even in IT. This research byte is a brief description of our findings on this subject in our IT Spending and Staffing Benchmarks 2022/2023 study.
July, 2022
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Ensuring Project Success a Primary Motivation for System Integration Outsourcing
Many outsourcing decisions are influenced by the need to save money. However, there are some instances where businesses are willing to pay extra for the expertise or operational flexibility that a service provider can deliver. And in the case of system implementation and integration, the primary motivation is to ensure project success. This Research Byte summarizes our full report on System Implementation/Integration Trends and Customer Experience.
July, 2022
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System Implementation/ Integration Outsourcing Trends and Customer Experience 2022
The outsourcing of system implementation/integration is on the rise. Our report examines adoption trends and customer experience with system implementation/integration outsourcing. We report on the percentage of organizations outsourcing it (frequency) and the average amount of work outsourced (level). We also present data on the cost and service experience and how these trends differ by organization size and sector. We conclude with guidelines to consider when outsourcing this function.
July, 2022