Analytics Frameworks

Being Digital Elite Offers 5 Analytics Frameworks For Consultants

It is time for consultants to acclimatize and grasp the nuances of disruptive digital transformation for their blue chips clients, especially, if they figure in Fortune 500 companies listings. The consulting business environment is equally poised for drastic changes. In order to help their clients, being ‘digitally elite’ will make the transformation journey less disruptive. They need to focus on designing new alignment processes. It involves legacy Analytics Frameworks, simplifying the workflow and data structuring. This will help consultants to give the latest services as part of the alignment process. This makes digital transformation consulting a critical part of a company’s business plan to expand continuously.

Dexterity and capability are achieved with the following Analytics Frameworks.   

In order to meet the above 5 frameworks, they will need to focus on the end-user. Bringing versatility to the design is important as it helps in organizing and scaling when required. Partnerships are forged easily with the software structure, engineering skills, and new initiatives. The consulting company is more likely to assess their own capability for being ready for the transformation along with the clients they serve. Most consultants now feel it is not enough to only be capable but become familiar with versatile digital tools and available data, practices and empowered talent in the organizations. Globally, there are only 7% organizations which are fully automated, while the others are still in transition to migrate digitally. Often the journey is not smooth and digital transformation consulting is required.  Disruptive consultants are known to be useful as they understand the analytics frameworks that the client requires. They can customize the transformation keeping in mind the specific needs of the company. As they scale the operations they need to add further 5 consulting engagements which can be adapted.

Digital Transformation Challenges Faced by Companies

Digital Companies

To work on the 5 analytics framework and the above engaging consulting, understanding the challenges during the transformation opens up avenues to design the new processes and initiatives. Several global consulting firms have adjusted to the new landscape and offering advisory content with digital transformation consulting. They have come on the forefront of explaining their clients to use the best solutions during their transformation journey. The new offerings will focus on the use of agile platforms, use of AI, IoT, Machine Learning or virtual capitalization. While startups have a different set of challenges, it is the traditional companies that need to overhaul everything and need consulting firms to make the paradigm shift towards digital dexterity. Currently, the worth of the consulting market is pegged at US 23 billion. Strategies can be formulated to enhance the consumer experience. To meet the challenges that new trends throw up, consulting firms with their own design lab can become assets for their clients. They can design, innovate, test all the solutions before presenting to the client. Leadership in this sunrise sector combines several resources to deliver results. As digitization is important for all industries with respect to organizing systems with software, to improving customer care and involvement, practical knowledge allows consultants to stay in the front line. An in-house team analyzes development, implementation of product and help in bringing ROI at a faster pace.

Data Source-Centric Digital-2017 Analytics Frameworks

Source-Centric Digital

Currently, the need to customize is changing the way digital advisory is offered to enterprises around the globe. While they are global in functionality, they have local hubs where ground channels have been created with infrastructure and several production capabilities. They adapt easily to local trends while catching up with the disruptive processes. Sector-specific expertise is often valued while using online platforms to remain connected. This is a part of digital transformation consulting discipline for cross-industry practices. An enabled consulting firm can also take over smaller digital partners and blend their expertise with collaborative ventures inorganically.  As they evolve so do the clients they serve as their expectations have also developed.

It is no Longer About Cost Cutting Only

While adapting to digital transformation, consulting companies cannot harp only on cutting costs. The goal post is also not about extending their digital arms by outsourcing the experts. The idea is to be creative, improve processes and add strategic content. For example, IT drives business for many companies. Just reducing a mere 2-3 % of the budget is insufficient. The stakes for bigger fortune 500 companies are far more challenging. Clients need support at every level. If a consulting firm can help in internal operations, picking right talent for product design, creative thinking and most importantly gear towards automation will always be in business. BPO clients have always been able to move towards trending digital trends and are future ready. Service firms need to keep up with the same pace for the transformation.

Dexterity and capability, with the combination of consulting engagements, ensure that such firms will be able to meet any known challenges for digital transformation.

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