ICCG BLOG -3.jpg

Driving Digital Transformation With Data Science

Posted by Harriet Schneider on Nov 13, 2018 11:28:48 AM

Immense amounts of data are flowing into and out of today’s businesses, but it's often difficult to know how to turn this data into actionable insights. Data science has incredible potential for businesses of all types to create models that find patterns in this data and use them as the basis for transformative software. From location sensor data and customer loyalty programs to predictive analytics that improve the customer experience, employee engagement, and operational efficiency, a world of possibility awaits organizations that can crack the data science code.

Read More

Topics: Manufacturing, Fashion & Retail, Chemical, Food & Beverage, Distribution, Equipment, Digital Transformation, Digital Strategy, digital disruption

Building A Digital Transformation Strategy

Posted by Harriet Schneider on Nov 8, 2018 8:00:00 AM

In the current hypercompetitive business environment, it’s not enough to automate processes and increase efficiency. To succeed, companies need to differentiate themselves from their competitors. But with the growth of digitally savvy customers who expect more from every transaction, it’s becoming increasingly difficult to differentiate on product alone. Customers are demanding a more personal, service-oriented approach from the companies with which they do business, and the bar continues to be reset at higher and higher levels. To meet this demand, and stay competitive, companies need to move from a transaction-based model to more value-based interactions. This means putting the experience first.

Read More

Topics: Manufacturing, Fashion & Retail, Chemical, Food & Beverage, Distribution, Equipment, Digital Transformation, Digital Strategy, digital disruption

Making Digital Transformation Part Of Your DNA

Posted by Harriet Schneider on Nov 6, 2018 1:10:56 PM

Digital transformation is on the tip of many tongues in the technology industry of late; but like many potentially seismic shifts, this concept’s meaning and the impact it will have on how day-to-day business gets done are taking some time to develop. CIO defines digital transformation as “the acceleration of business activities, processes, competencies, and models to fully leverage the changes and opportunities of digital technologies and their impact in a strategic and prioritized way.” But more than just acceleration, digital transformation is about the need for businesses to outpace digital disruption and stay competitive in a rapidly evolving business environment.

Read More

Topics: Manufacturing, Fashion & Retail, Chemical, Food & Beverage, Distribution, Equipment, Digital Transformation, Digital Strategy, digital disruption

Prioritizing Digital Transformation Opportunities

Posted by Harriet Schneider on Nov 1, 2018 8:00:00 AM

Regardless of industry, market, and geography, nearly every business on the globe has been touched by technological change. And these ongoing, and often unexpected, disruptions are impacting how business is conducted. For example, the World Economic Forum states, “It used to take Fortune 500 companies an average of 20 years to reach a billion dollar valuation; today’s digital start-ups are getting there in four.”

While increased competition is a powerful motivator for embracing digital transformation, so are the potential revenue opportunities. The World Economic Forum estimates that “the combined value—to society and industry—of digital transformation across industries is upwards of $100 trillion over the next 10 years.”

Read More

Topics: Manufacturing, Fashion & Retail, Chemical, Food & Beverage, Distribution, Equipment

Top 5 Reasons To Upgrade To Infor LX

Posted by Harriet Schneider on Oct 25, 2018 8:00:00 AM

Infor® LX is an ERP solution that offers deep industry functionality and flexibility to help you adapt to new manufacturing trends and industry changes. 

Infor LX is a comprehensive, flexible and advanced enterprise resource planning (ERP) solution for mixed mode and process manufacturers that operate with an IBM System i environment (formerly AS / 400 or iSeries). This solution improves the efficiency of the main business processes, including manufacturing, logistics, channel management, customer relations, relations with suppliers and financial management. With Infor LX, companies can improve their efficiency, agility, sustainability and profitability by improving their ability to manage variable demand and adapt to changing market conditions.

Why should you invest in this technology?

Read More

Topics: Chemical & Life Sciences, Consumer Packaged Goods, Food & Beverage, Industrial Manufacturing, Manufacturing

Delaying Your ERP Decision? Don't

Posted by Harriet Schneider on Oct 18, 2018 8:00:00 AM

In a perfect world, functionality and ease of use would be the top criteria manufacturers use when deciding to purchase, replace, or upgrade their Enterprise Resource Planning (ERP) solution. Unfortunately, in the real world, cost considerations rear their ugly head. Business leaders are concerned about the price of not only purchasing the solution, but also how much it will cost to implement, support, and maintain. Further, there is significant concern that an ERP implementation will cause significant disruption to the business, cause the organization to lose focus, or even “break” business processes that the company looked upon as core to their success.

Read More

Topics: Fashion & Retail, Retail, Life Sciences, Automotive, Food & Beverage, Industrial Manufacturing, Manufacturing

The Changing Role Of The CFO

Posted by Harriet Schneider on Oct 11, 2018 8:00:00 AM

By Nick Castellina, Director of Industry & Solution Strategy at Infor®.

The Chief Financial Officer (CFO) has been mistakenly stereotyped as a back-office miser, worried about only one thing: the company’s bottom-line. CFOs have often been frugal, protecting the company’s wallet with an unwavering vow to be prepared for the proverbial rainy day. At least, that is the old-school notion.

Read More

Topics: Manufacturing, Industrial Manufacturing, CFO, Fashion & Apparel, Rentals & Equipment, Food & Beverage

Happy National Manufacturing Day - 2018

Posted by Harriet Schneider on Oct 5, 2018 4:25:26 PM

ICCG is proud to celebrate National Manufacturing Day. Every year, thousands of manufacturers around the country open their doors to inspire the next generation of manufacturers. 

Read More

Topics: Manufacturing, National Manufacturing Day

What Real IT People Think About AI

Posted by Harriet Schneider on Oct 4, 2018 8:00:00 AM

Expectations are high, as long as AI delivers real business value

What do IT decision makers really think about AI? Are they buying the hype? Are they laying some groundwork for artificial intelligence implementations?

Random interviews with several IT managers across a variety of industries on The Hub show floor at Inforum 2018 reveal what one might expect — a variety of opinions on AI. But most all believe it could be big, possibly very big.

Another widely held belief is that tapping into the capability of AI to optimize human potential will take some trial and error. To some extent, this reflects the thinking of sports superstar Venus Williams, who told a packed General Session at Inforum, “Failure is a huge part of knowing your pushing yourself hard enough.”

But all agreed on one thing: IT must acknowledge AI in some way, and at least begin to closely and seriously examine how it might fit into their organizations. After all, as Williams said, “It’s not where you start, but where you finish.”

 
Read More

Topics: Manufacturing, Industrial Manufacturing, AI, Artificial Intelligence, Machine Learning

AI As An Enabler Of Human Potential? You Can Bet On It.

Posted by Harriet Schneider on Sep 27, 2018 8:00:00 AM

 

Renowned theoretical physicist and futurist Steven Hawking was torn on the value of artificial intelligence. At one point, he said, “AI could be the biggest event in the history of our civilization. Or the worst. We don’t know if we will be helped by AI … or conceivably destroyed by it.”

But just before his death earlier this year, Hawking appeared to change his AI calculus: “Perhaps we should all stop for a moment, and focus not only on making our AI better, but also (focus) on the benefit to humanity.”

There, in a nutshell, from one of the most brilliant minds of the century is the AI conundrum. Is it, as Tesla founder Elon Musk said, “more dangerous than nuclear weapons?” Or is it more likely to “inject more pride and dignity into work focused on enhancing our communities,” as suggested by author and former president of Google China Kai-Fu-Lee?

Read More

Topics: Manufacturing, Industrial Manufacturing, AI, Artificial Intelligence, Machine Learning

About ICCG

Welcome to our Blog - ICCG Insights!

Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

Subscribe to Email Updates

Recent Posts