Four Finalists Also Named: Adecco and HCR
ManorCare for Smart Automation; Pfizer and Vodafone for
Analytics
The Hackett Group (NASDAQ:HCKT) today announced that HP and
Shell are the winners of its 2018 Digital Awards, which spotlight
companies that are on the cutting edge of digital transformation,
including smart automation, robotic process automation, cognitive
computing and advanced analytics.
HP won the award in the automation category for its Finance
Digital Transformation implementation, while Shell won in the
advanced analytics category for its Data Science Center of
Excellence project.
Four other companies were also recognized as finalists. In the
automation category, the finalists were HCR ManorCare and The
Adecco Group. For advanced analytics, the finalists were Pfizer and
Vodafone.
The Hackett Group’s Digital Awards (formerly the Aecus
Automation Awards) spotlights and celebrates companies on the
cutting edge of using smart automation and advanced analytics to
solve business problems. This year’s winners and finalists came
from a range of industry sectors, including pharmaceuticals,
telecommunications, oil & gas, computing technology, health
care, and staffing solutions.
“Digital business solutions continue to evolve and mature at a
rapid pace and are playing ever-greater roles in making companies
leaner, more agile and more intelligent,” said Paul Morrison,
Managing Director, The Hackett Group. “While cost reduction and
transactional automation are still the primary focus for many
organizations, more and more companies are using these rapidly
implemented, cost-effective and disruptive tools to drive a broad
array of powerful business benefits – including boosting customer
satisfaction, shrinking the time it takes to respond to and solve
issues, improving quality, reducing risk and identifying and
avoiding problems entirely.”
“This year’s Digital Awards winners and finalists are real
pioneers and have shown significant skill at identifying the best
opportunities for digital transformation and then systematically
going after the benefits using a combination of artificial
intelligence, machine learning, predictive analytics and more,”
said Mr. Morrison. “They’ve demonstrated real innovation and
creativity in identifying and integrating a diverse array of tools
and technologies to achieve their goals, and the results they’re
already generating are truly impressive. These programs demonstrate
how the benefits of digital transformation radiate outwards,
impacting suppliers, employees, patients and customers for the
better.”
The winners and finalists for 2018, and some information on
their smart automation or analytics projects, are as follows:
HP Inc. - Smart Automation Winner – Transforming Finance
- In its journey leading disruptive change, HP Finance
Controllership has been automating processes leveraging robotic
process automation (RPA), advanced analytics, and artificial
intelligence among other emerging technologies. This enables HP to
lead in digital innovation and positions Finance as a
forward-looking strategic adviser. This is noteworthy for its
strong vision, effective eco-system, and best-in-class culture
creation. HP has deployed a significant number of robots achieving
strong process efficiency and enhancing accuracy. Employees are an
integral part of this journey. Controllership is certifying its
workforce in intelligent automation pivoting from “debits and
credits” to “bits and bytes.” They are building an innovative
culture through social media crowdsourcing, skills of the future,
and digital fluency. HP’s “Digital Controllership” is committed to
making bold moves, growing their people and amazing their
customers.
Shell – Analytics Winner – Data Science Center of Excellence
- Shell’s goal was to create and leverage a common, cloud-based
data science platform and the associated digital capabilities to
fill its “data science skills gap” and solve a multitude of
business questions, from rightsizing inventory to improving supply
chain, and from predictive maintenance to optimizing operations in
downstream manufacturing units. The Analytics Network in Shell now
has more than 1600 members, and more than 400 of those are actively
building digital solutions using the technologies deployed in the
Digitalisation Lab — supported by a team of 120 data scientists and
data engineers within its Center of Excellence. Initial results
have been impressive. Shell now uses predictive analytics to
optimize the ordering, storage and utilization of pieces of spare
part inventory for onshore/offshore oil rigs - ranging from well
heads to pipeline parts. The project has delivered millions of
dollars in benefits and paid for itself in under 4 weeks.
Similarly, Shell is using machine learning to predict trips or
failure events on critical equipment such as valves and
compressors. Leveraging the same core technology set, the team were
able to deliver multimillion-dollar benefits in the first few weeks
after deployment. These are just some of the initial results of
Shell’s efforts. Technologies and partners used included: Alteryx,
Databricks, Microsoft Azure, MATLAB, TensorFlow, TIBCO Spotfire,
Power BI, and SAP HANA.
HCR ManorCare - Smart Automation Finalist – AP Automation
Transformation - HCR ManorCare operates a network of skilled
nursing, assisted living communities and home health and hospice
offices. HCR was experiencing high costs and error rates associated
with the unique aspects of medical invoice processing, in part due
to a highly fragmented but largely local supplier base. The company
set out to create a flexible option they could configure to their
specific needs which included transforming an entirely manual and
paper-based world to a streamlined and automated one. After only a
six month roll out period, the project was hugely successful. Cycle
time was reduced and on-time payments improved, incentivizing
suppliers to adopt the process. Duplicate invoices were eliminated,
which is particularly significant, as previous recovery audits had
uncovered $2 million per year in errors and duplicate invoices. The
accounts payable function within HCR changed dramatically. Instead
of manual labor managing repetitive paper processes the employee
workforce - which shrank over time from 38 to 4 people - were
focused on managing exceptions. Technologies and partners used
included: Basware.
Pfizer - AI-powered Patient Engagement - Digital
technologies are increasingly important to Pfizer’s commitment to
bring therapies to patients that significantly improve their lives.
As part of that effort, Pfizer created a proprietary scalable
cognitive platform to take advantage of the rapidly growing range
of healthcare data by leveraging improvements in computing
technology and advances in artificial intelligence (AI). This new
capability, designed to mine and combine insights from over 400B
data points, enables Pfizer to better to understand dynamics in
healthcare that are not easily predictable and may even be
counter-intuitive. In the first year of operation, Pfizer has
already used this platform to improve upon existing outreach
programs based on the organization’s ability to recognize subtle
differences within segments of patient populations.
The Adecco Group - Smart Automation Finalist – Digital
Transformation in the World of Staffing - Adecco, a leading
global HR solutions provider, set out to create a new digital
experience for job seekers, enabling them to more efficiently and
effectively connect with job providers, improving the speed and
quality of job matching and providing an analysis of patterns of
demand and supply. Their Adia solution combines the power of
digital with a context- and location-aware, uberized staffing and
matching algorithm to create a transformational platform for
just-in-time recruitment staffing. At the core of the Adia platform
is an adaptive matching engine that matches the most suitable
candidates based on the attributes most sought after by employers.
Adia is designed to deliver value in a wide array of ways,
including: improvement in revenue and efficiency management and
more rapid global scale up. Adia is zero touch for its core
operations - eliminating any need for manual intervention, right
from order placement, to hiring, timesheet management, and
payments. Technologies and partners used included: Infosys.
Vodafone Procurement Company – Analytics Finalist – SCM
Control Centre - To eliminate inefficiencies in its massive
purchasing operations, Vodafone built the SCM Control Centre to
bring full transparency into how the procurement process is
actually functioning. The SCM Control Centre works as an X-Ray Big
Data Machine which uncovers hidden inefficiencies in less than 10
seconds. This out of the box analytics tool enables more than 600
members of Vodafone’s supply chain management (SCM) to understand
focus areas to bring further business excellence across efficiency
and compliance levels by advance analytics, AI and predictive
modeling capabilities. This digital solution has already powered
SCM to reduce time to market by 20 percent, yielded a cost savings
of 11 percent and creates a “single version of the truth.”
Technologies and partners used included: SAP HANA and Celonis.
This year’s Digital Awards were presented at The Hackett Group’s
2018 European Best Practices Conference in London. The awards were
established by Aecus in 2014. Aecus was acquired by The Hackett
Group in May 2017.
About The Hackett Group
The Hackett Group (NASDAQ:HCKT) is an intellectual
property-based strategic consultancy and leading enterprise
benchmarking and best practices digital transformation firm to
global companies, offering digital transformation including robotic
process automation, smart automation and enterprise cloud
application implementation. Services include business
transformation, enterprise analytics, working capital
management and global business services. The Hackett
Group also provides dedicated expertise in business strategy,
operations, finance, human capital management, strategic sourcing,
procurement and information technology, including its award-winning
Oracle and SAP practices.
The Hackett Group has completed more than 15,000 benchmarking
studies with major corporations and government agencies, including
97% of the Dow Jones Industrials, 89% of the Fortune 100, 87% of
the DAX 30 and 59% of the FTSE 100. These studies drive its Best
Practice Intelligence Center™ which includes the firm's
benchmarking metrics, best practices repository and best practice
configuration guides and process flows, which enable The Hackett
Group’s clients and partners to achieve world-class
performance.
More information on The Hackett Group is available at:
www.thehackettgroup.com, info@thehackettgroup.com, or by
calling (770) 225-3600.
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The Hackett GroupGary Baker, 917-796-2391Global Communications
Directorgbaker@thehackettgroup.com
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