LOS ANGELES, May 20, 2019 /PRNewswire-PRWeb/ -- Avasant
has unveiled Digital Masters RadarView™ 2019, its flagship report
that recognizes 16 leading service providers who are breaking new
ground in enabling enterprise-wide digital transformation. The
Digital Masters RadarView™ is the culmination of a rigorous
year-long research initiative which assessed over 40 providers
across three key dimensions: Current capabilities in six technology
prerequisite areas (Applied AI, Intelligent Automation, Blockchain,
Cybersecurity, Hybrid enterprise cloud and Internet of Things), the
ability to hyper-converge multiple technologies for business
benefits, and the future centricity of the provider's business and
technology vision.
The report categorizes Digital Masters as follows:
- Leaders: Accenture, IBM
- Innovators: HCL, Infosys, NTT, TCS, Wipro
- Disruptors: Atos | Syntel, Capgemini, Cognizant, LTI, Tech
Mahindra
- Challengers: Mindtree, Mphasis, UST Global, Zensar
Download Avasant's complimentary 73-page report here.
Avasant's CEO, Kevin S. Parikh
congratulated the winners noting, "Progressive enterprises
recognize that digital transformation at scale can only be
effectively executed by partnering with truly visionary service
providers. Identifying the right partner for a company's
transformational programs — A partner that enables
hyper-convergence of technology prerequisites, is a critical factor
in ensuring digital success. Our Digital Masters RadarView™ 2019 is
aimed at providing enterprises with a decision framework to assist
in this endeavor."
Global enterprises are facing unprecedented challenges posed by
market disruption from digital native firms as well as unparalleled
opportunities unleashed by the convergence of emerging technologies
and innovative business models. Navigating through this vortex
requires significant innovation and re-invention of the enterprise.
Organizations need the support of an ecosystem of partners –
technology vendors, service providers and advisors to successfully
execute upon digital transformation. Assessing and selecting the
right partners to work with has become a complex exercise, and the
Digital Masters RadarView™ provides a holistic approach to address
that need.
Digital Masters recognized in this report understand these
challenges and opportunities, and are reinventing themselves as
enablers of digital transformation.
The key observations resulting from the Digital Masters
assessment include:
- Digital Masters are taking deliberate steps to ingrain
innovation into their own DNA and organizational culture. They have
developed over 2.8 times more innovation centers of excellence, and
research labs than other providers.
- Nearly a third of the Digital Masters aggregated planned
investments are in structured programs for the development of
digital platforms, tools, and solutions. This is over 2 times the
investment that other providers are making in this area.
- Capability development speed and scale has been achieved by
Digital Masters through the acquisitive route. In the last six
years, on average, these providers have done 3.3 times more digital
acquisitions than other providers.
- Digital Masters have over 2 times more investment and
engagement with startups than other providers. They have embraced
these new entities as a source of fundamental disruptive
innovation.
- Digital Masters are disrupting their own delivery models. They
are investing in design thinking to engage with enterprises much
earlier on in the value chain.
"Digital Masters have already started making a huge impact on
enterprise digital transformation programs. As they continue to
proactively build and align their digital-centric capabilities,
they are becoming partners of choice. They are helping enterprises
hyper-converge multiple technology prerequisites for truly
disruptive business reimagination," added Swapnil Bhatnagar, Avasant's Research Director.
"No enterprise is an island today, and they all need strong and
visionary providers as their partners. These Digital Masters are
well on their way to becoming leading global enterprises' trusted
partners and champions."
About Avasant
Avasant is a leading management consulting firm focused on
translating the power of technology into realizable business
strategies for the world's largest corporations. Specializing in
digital and IT transformation, sourcing advisory, global strategy,
and governance services, Avasant prides itself on delivering
high-value engagements through industry-focused innovation and
flexible client-based solutions.
Our seasoned professionals have an average of 20 years of
industry-honed expertise, having conducted 1000+ engagements in
over 50 countries. Avasant's next generation consulting and
advisory methods have made it the top-ranked firm in its class,
with recognition from numerous organizations, including: Vault,
NOA, IAOP, and Wall Street Journal.
Avasant's engagement in the global market has inspired a strong
commitment to community and purpose. Avasant Foundation supports
technology and skill development programs to create employment
opportunities for youth across Africa, Asia,
the Caribbean and Latin America
For more information, visit https://www.avasant.com.
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SOURCE Avasant