Despite collecting mountains of digital information, many IT departments are being held back by a lack of business-IT governance. Rasmus Wegener, a partner with Bain’s Advanced Analytics practice, shares three strategies companies can use to derive meaningful insights from their data. Read the Bain blog: The Business Case for Prioritizing the “I” in IT
When implemented correctly, a strong data analytics capability can help companies increase revenue by 10% or more. Bharat Bansal, a partner with Bain’s Information Technology practice, shares four things to keep in mind when investing in data analytics.
With new legislation holding boards accountable for data breaches in cybersecurity, the questions of where and how to invest are greater concerns for companies. Frank Ford, a partner in Bain's Information Technology practice, shares how organizations can address those concerns by looking holistically at their cybersecurity maturity.
Bain research shows that company leaders in data strategy are deriving benefits from investments and capabilities. Paul Callahan, a principal with Bain's IT practice, shares how companies are improving their data strategy using technology and architecture by focusing on four key investment areas.
By Rudy Puryear Businesses that lead in the digital world can pivot within days, hours or even minutes as new threats and opportunities emerge. In contrast, laggards often fall victim to a technology function that need months, quarters or even years to adapt. By now, most large companies are using digital technologies to do things such as launch apps, build e-commerce solutions and harness data to learn more about their customers. But these “quick hit” efforts inevitably fall short of their goals when they must contend with legacy IT systems and data that can’t interface with new digital apps and architectures. Data is scattered across the company, rendering it useless. Outmoded and sluggish IT operating models slow the company down. The companies that take digital [...]
INSPIRED BY: Six IT Design Rules for Digital Transformation
INSPIRED BY: How Digital Technology Supercharges Zero-Based Redesign
Companies everywhere have been enticed by the promise of digital transformation. CEOs are once again turning to technology as a force that can give them a competitive edge by ushering in exciting new capabilities, rapid innovation and efﬁciencies. Enterprises now expect to have regular and easy access to pay-as-you-go computing, where nimble, cloud-based tools replace plodding, capital-intensive infrastructure. But a funny thing has happened on the way to the digital revolution. The process of getting there has turned out to be complex, risky and expensive. Many chief information ofﬁcers (CIOs) have found their initial enthusiasm tempered by the frustration of not being able to deliver digital transformation to their companies in a cost-effective way. Nobody is arguing about the need to go digital. In today’s [...]
Digital technologies and automation can help reduce costs for companies that undertake a zero-based redesign. But although these tools are more available and affordable than ever, few companies are taking full advantage of their capabilities. Prasad Narasimhan, a partner with Bain's Information Technology practice, details promising technologies with high potential to improve results. Read the Bain Brief: How Digital Technology Supercharges Zero-Based Redesign
Cloud computing has driven 70% of revenue growth within the enterprise IT industry, and that trend is expected to continue. Mark Brinda, a partner with Bain's Technology practice, discusses four things that technology providers can do to stay competitive in the cloud. Read the Bain Brief: The Changing Faces of the Cloud