Top Digital Transformation Trends (2020)
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For businesses that want to stay relevant in a Digitized Market, it's imperative to consider Digital Transformation. At Cygnet we deliver 100% Agile solutions in line with your business goals
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Top Digital Transformation Trends (2020)
- 2. 1. About Us 2. Overview 3. Digital Transformation 4. Digital Trends 5. Case Study Contents
- 3. USA GERMANY UK SOUTH AFRICA DUBAI INDIA AUSTRALIA Founded in 2000 1000+ Employees Worldwide 750+ Clients Worldwide Serving in 35 Countries 2000+ Enterprise-class solutions & products delivered 11 Locations from where we engage with global clients OUR VALUES Speed Integrity Entrepreneurial Spirit Team Work Mutual Respect Trusteeship About Us
- 4. About Digital Transformation • Digital Transformation is all about creating new or modifying the existing business processes using Digital Technologies. • This reconceptualization of business in the Digital Era is Digital Transformation (DX). • In a survey of 460 execs by IT analyst Gartner, 62 percent said they had a management initiative or transformation program to make their business more digital.* *http://www.channelpostmea.com/2018/05/17/ceo-priorities- shifting-embrace-digital-gartner/
- 5. Executive Attitudes to Business Transformation *Image Source: Gartner
- 6. Overview of Digital Transformation Digital Transformation is now being reshaped by many Advanced Technologies.1 2020 is waiting with lots of opportunities looking forward for us to grow tremendously.2 Let’s take a look at such Digital Transformation Trends which are Transforming the Businesses.3
- 7. Advanced Analytics Companies that are not investing in analytics by 2020 will be out of the market in 2021. Companies are leveraging Advanced Analytics Tools for identifying opportunities, problems and solutions. Regardless of any industry, Analytics will be the most superior focal point of Digital Transformation in 2020.
- 8. AI and Machine Learning (ML)for Data Analytics Investing in AI and ML will make Data Analytics meaningful. AI and ML analyse massive and complex Data Sets. Adding AI to Analytics Tools have made it more spontaneous and reliable.
- 9. In 2020, Blockchain will be scaled up with use-cases beyond Cryptocurrency. Amazon Web Services have finally stepped up with Blockchain-as-a- Service (BaaS) offering.* Blockchain will be used in food safety, intellectual property, asset management etc. Blockchain Beyond Cryptocurrency *https://futurumresearch.com/blockchain-as-a-service/
- 10. Rejuvenated Robotic Process Automation Smart companies have started adopting RPA to upskill and enhance their existing workforce. RPA is plain sailing in AI, but it is one of the most Trending Topics of 2019. One RPA bot can replace 5 to 10 humans working on repetitive technical tasks which increases the ROI of the company.
- 11. Everything-as-a-Service (XaaS) • Everything-as-a-Service is gaining a lot more momentum in 2020. • Hewlett Packard Enterprise announced they would offer everything in their portfolio as a service by 2022.* • Big IT is moving on-premises as-a-service along with Analytics, Bigdata, Blockchain and much more. *https://www.hpe.com/us/en/newsroom/press-release/2019/06/hpe- announces-plans-to-offer-entire-portfolio-as-a-service-by-2022.html
- 12. Customer Experience (CX) • Success of Digital Transformation is closely connected to Customer Experience. • Combination of Improved Connectivity, Smart Automation, User Interfaces etc. can make 2020 the turning point for CX.
- 13. Introducing new Technologies and Tools to existing Business Processes with help you keep up with the market. 2020 is a big year for Digital Transformation that can bring revolutionary changes in the blink of an eye. Cygnet can help you select the right tools and technologies for better growth. Here are some Case studies of Cygnet on Digital Technologies. Why Cygnet?
- 15. Our client identified major challenges in the way conventional B2B trading took place on a daily basis. Some critical concern areas were: Lack of trust, consistency, and transparency | Challenges in validating trustworthiness of the counterparties | Fabricated reviews | Loss of actual and potential revenues | Lengthy and expensive dispute resolution | Inefficient domestic and cross-border transactions KEY FEATURES • API Integration • Conflict Management • Reputation Management • Tokenization • Third-Party Invoicing BENEFITS • 46% improvement in Supply Chain visibility and transparency • 24% reduction in transaction costs • Enhanced verification process reduced risks of fraud or theft • Proof of product authenticity – verified by legitimate members on the Blockchain • Modernized multi-party purchasing and payment process • Significant reduction in the overall transaction time • The marketplace encouraged more autonomous trade engagements COUNTRY: Middle East DOMAIN: Information Technology SUPPORTED PLATFORMS: ASP.NET Core, Hyper ledger Fabric Blockchain, IBM Stellar, Microsoft Visual Studio 2011, Visual Studio Code, A Blockchain Based B2B Platform for Anonymous Trading
- 16. Adopting new technologies and tools for renovating existing Business Processes will help you keep up with a dynamic market. If you are looking for the right set of tools and technologies for your organization, Cygnet will help you understand and implement the best solutions.
- 17. 100% Agile More aligned, higher autonomy to deliver high quality enterprise applications Technology First Adaptable & Flexible in order to serve customers irrespective of their domain Partnering with you at each engagement level, right from ideation to UAT Rapid Productization The Cygnet Advantage People Quality Teams with strong understanding of ethos & culture, fully capable of mitigating risk Proven track record of meeting best-in-class quality standard with in-house testing product ‘Testing Whiz’ Progressive Testing Scalable Architecture Engineering for the future, today
- 18. Cygnet Values Speed Entrepreneurial Spirit Integrity Team Work Trusteeship Mutual Respect
- 19. INDIA OFFICE Cygnet Infotech Pvt. Ltd. 16-Swastik Society, Nr. AMCO Bank, Stadium Circle, Navrangpura, Ahmedabad 380009 +91-79-67124000 INDIA (PUNE) +91-6359650113 INDIA (MUMBAI) +91-7433970638 INDIA (NOIDA) +91-12-04164954 SOUTH AFRICA +27 (0) 21 3002981 AUSTRALIA +61-280-147-206 UK +44-20-8099-1653 GERMANY +49-3222-1090-129 USA GERMANY UK SOUTH AFRICA DUBAI INDIA AUSTRALIA USA OFFICE Cygnet Infotech LLC. 125 Village Boulevard, Suite 315, Princeton, NJ 08540 +1-609-245-0971 DUBAI OFFICE Cygnet Fintech Software Unit 807, Ubora Tower 2, Business Bay, Dubai, UAE, PO Box No.: 418360 +971 52 830 5127 Contact Us INDIA (BENGALURU) +91-9986216516 inquiry@cygnetinfotech.com www.cygnet-infotech.com UK OFFICE Cygnet Infotech Limited Devonshire House, 60 Goswell Road, London, United Kingdom EC1M 7AD +44-20-8099-1653
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