Digital Business Archives

5 keys for success for your digital business A lack of digital business competence is predicted to cause 25% businesses to fall in competitive rankings.

August 30, 2016 by Naveen Joshi

Digital businesses think about technology in different, fundamentally new ways. Going digital is an enabling tool for a business’s critical needs, a source of innovation for increasing future revenue and…

Digital Business IOT

Insurance companies are going digital and how! The adoption of digital technology is one of the toughest challenges the insurance sector has faced in recent times. Digital strategies have transformed the consumer behavior and are driving insurance executives to reassess their present business model. It is time now, to make the digital agenda our priority and face the challenges ahead.

August 25, 2016 by Naveen Joshi

The challenge The most important thing we have to keep in mind is that the insurance sector is already filled up with a lot of complex mechanisms and practices. During…

Digital Business IOT

The different ways of using pricing algorithms The reality of our world is that the pricing for almost all products, services and experiences has already become, or is in the process of becoming, real-time and dynamic. Pricing algorithms are helping organizations maximize their revenue and identify the optimal price of a product or service.

August 16, 2016 by Naveen Joshi

Just like the devices we use, and the content and online experiences we consume, the pricing of services and products is also becoming more dynamic. It was previously used mainly…

Digital Business Technology

Importance of adaptive sourcing strategies Innovation is one of the most popular subjects today in business and technology. It is expected that about 70% of all businesses will modify their sourcing strategies in the near future so that costs can be lowered and overall quality and flexibility can be increased.

August 10, 2016 by Naveen Joshi

Data and analytics leaders must become enablers of the expansion of analytics throughout the organization. Instead of trying to stop land-and-expand strategies, and in turn hinder the natural progression of…

Blockchain Digital Business

4 industries that use the algorithmic business model successfully A company that is built around smart algorithms that define its processes and deliver customer services is an algorithmic business. Unlike big data, algorithms define action and have real value. Dynamic algorithms are at the core of the future digital business.

August 8, 2016 by Naveen Joshi

There are organizations that generate massive amounts of data, analyse them and then leave the decision making to humans. Then there are organizations that use algorithms that operate independent of…

Digital Business IOT

5 things CDOs should do when preparing for Algorithmic business The growth of the digital economy today depends on algorithmic business to a great extent. But it still remains difficult for IT, data and business leaders to work out what to do and how. Here we look at some things CDOs should know and understand before stepping into an algorithmic business.

August 6, 2016 by Naveen Joshi

Organizations, in the coming years, would not be valued just for their big data, but also for the algorithms that turn data into actions and, ultimately, improve the customer experience….

Digital Business Technology

4 myths associated with Blockchain Blockchain technology certainly has many positive aspects, but there is also much misunderstanding and confusion regarding its nature. Common myths and misconceptions persist, especially about the Bitcoin blockchain, but also to some degree, with alternative blockchain technologies too.

August 2, 2016 by Naveen Joshi

We have already discussed about Blockchain technology in one of our previous articles. But it is also important to understand what blockchain is and what it is not. We discuss…

Digital Business My Voice