When our Director of Strategic Partnerships Mike Rolfes attended a session last year, he knew AGILE needed to tackle artificial intelligence. He connected WTCI’s Chief Innovation Officer Susan Aplin with our VP of Innovation & Strategy Tim Kulp, and the rest, as they say, is history.
Bad News: Businesses are drowning in distributed data. There’s so much to know and – thanks to cloud computing and IoT – it’s so far-flung that a data warehouse could never contain it and static reporting could never convey it. Good News: There are now more tech tools and capabilities than ever before to save our data-saturated souls. Artificial intelligence (AI) is teaming up with business intelligence (BI) to help people manage and effectively use all the data at our disposal.
Integration is the elephant in the room these days. As Gartner predicted way back in 2012, it’s consuming more resources than ever before because it’s more necessary than ever before. The explosion of cloud-enabled SaaS products means most companies are spending more on integration than development.
Your processes give people direction. They orchestrate daily activities. Without them, workers would just flail away hoping for a win. Think of business processes as channels for your work force. No, not your “workforce” like the generic term for your stable of employees. We’re talking about your Work Force, the people power and energy your company runs on. The raw potential, vigor and vital impetus humans bring to their work every day. Your processes should direct that energy along the most effective paths to achieving company goals.
The Richmond Fed invited us to take part in an industry round-table to present on technology trends impacting the economy. “When we call on Tom and [VP of Innovation & Strategy] Tim Kulp, we know we aren’t going to get program code and industry jargon,” says Vice President and Regional Executive Andy Bauer. “Mind Over Machines helps us understand the latest in technology and how it is being used to transform the way businesses operate as well as the opportunities and challenges of technological change for the workforce.”
Over the years, sales has lost a lot of its control over the sales cycle, especially with the advent of internet, cloud, social, and mobile technologies — in both good and challenging ways. Now buyers are in far more control of their own “buying journey,” no longer hostage to a company’s sales processes. They are able to find pricing online. They can compare competitive products and services with ease. And they can see who else is using your product and read real-time reviews on sites like Gartner Peer Insights.