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Redesigning Business Processes with Artificial Intelligence and Automation Share Article The number of intelligent automation engagements has increased by 75% in the last 12 months, with industry-specific process automation accounting for 70% growth in the share of new automation implementations. Growth in AI-enabled hyperautomation has increased use cases for prediction, recommendation, analytics, and reporting. Other areas in order of enterprise priority were workflow integration and automation, intelligent data capture, iBPM, and process discovery. As automation tasks become more sophistic...

Service Providers Helping More Firms Cash In On Digital Finance Transformation Share Article COVID-19 has revealed that many enterprises need to shift from in-house finance and accounting (F&A) process management to outsourcing it to F&A service providers. Technology is less and less being treated in a siloed manner, and instead it has now become an integral part of operations. As a result, F&A service providers are leveraging their existing technological capabilities and addressing enterprises’ demands, minimizing the siloes between technology and process management. Additionally, enterpri...

Hybrid Cloud: Fundamental Centerpiece of Digital Transformation Share Article Cloud has progressed from the simple migration of infrastructure and applications to a tool which improves application performance and achieves cost optimization. Hybrid cloud, in particular, is an enabler of business transformation. Hybrid cloud allows enterprises, especially in highly regulated industries, to satisfy on-premises requirements and leverage hyperscaler services from their own data centers. These emerging trends are covered in Avasant’s Hybrid Enterprise Cloud Services 2020 RadarView™ report. Hybr...

Blockchain Moving Past the Hype and Starting to Show Business Value Share Article Over the past 12 months, blockchain has moved beyond the hype as companies have realized business value from select use cases. Even though overall blockchain adoption has slowed down, the number of production-grade implementations has doubled, showing that blockchain is gaining a new level of maturity. These trends are covered in Avasant’s Blockchain Services 2020 RadarView™ report. BLOCKCHAIN SERVICES 2020 RADARVIEW™ Many companies are investing more in developing production-grade blockchain solutions. Pr...

Manufacturers Accelerating Digital Adoption Due to the Pandemic Share Article Historically, manufacturing has been highly dependent on the human workforce and conservative in adopting advanced digital technologies such as robots, immersive reality, and IoT. However, this changed during the pandemic, as manufacturers responded to workforce and supply chain disruption. Digital transformation is now an imperative not only during the pandemic but to remain competitive during the recovery. These emerging trends are covered in Avasant's new Manufacturing Digital Services 2020-2021 RadarView™. MAN...