Blockchain and IoT technologies provide an opportunity to significantly reduce upstream and downstream costs in the Oil and Gas Industry. The World Economic Forum estimates that the digitization of the Oil and Gas industry could unlock $1.6T of value globally and realize $140B in productivity. While Blockchain and IoT won’t be Continue reading Blockchain – IoT Strategies and Use Cases – Oil and Gas Industry
It was a month ago that I did a Blockchain and IoT workshop with over 65 Aviation executives at the IAFS Planning Summit in Denver. In that workshop, I discussed Blockchain and IoT applications in the Aviation Industry. I did an informal pole and found that the average understanding of Blockchain and IoT amongst executives is Continue reading Blockchain and IoT Strategy and Use Cases – Aviation
In Part V of the series on Driving Continuous Improvement, we discuss the importance of utilizing the right combination of Continuous Improvement tools. Once you have your program aligned with your business strategy and Continue reading FIVE THINGS YOU NEED TO DO TO DRIVE CONTINUOUS IMPROVEMENT : PART V
By Jim Gitney
April 17, 2018
Los Angeles, CA – Group50 announced today the launch of Scioebc™, a next generation supply chain product that utilizes the blockchain and is powered by THINaër, an IoT platform building The Internet of People, Places and ThingsSM. Continue reading Group50® Consulting announces Scioebc™ the first Blockchain product powered by THINaër, the end-to-end platform for the Internet of Things
The Internet of Everything: 8.4 billion and $2 trillion! Those are the estimated number of connected ‘things’ on the internet and the amount spent on these devices and services by the end of 2017, according to a Gartner study. The number of connected things is expected to Continue reading Four steps to the Internet of Everything ( IoE )
In an earlier blog we saw that a well-crafted IT transformation strategy (a.k.a. cost takeout strategy) is so much more than a once and done cost reduction exercise. A cost takeout strategy orchestrates Continue reading IT Transformation For A Leaner, More Nimble Business
The first blog in this series identified the phenomenon of Anti-Strategy as well-intentioned decisions made by senior leaders that are functionally focused because of a lack of a clear business strategy. With digital and information technology (IT) getting firmly established as a strategic corporate asset for middle market companies, we turn our attention to Continue reading INOCULATING INFORMATION TECHNOLOGY AGAINST ANTI-STRATEGY – PART IX
In Part I, I identified 5 things you need to do to drive Continuous Improvement. In this article, we show how business strategy should drive continuous improvement programs and not the other way around. The 5 things were: Continue reading Five Things You Need to Do to Drive Continuous Improvement Part II
In an earlier blog, we examined why having a process in place to capture Total Cost of Ownership (TCO) is important for middle market companies, and even more so for Digital Technology organizations. We saw how any plan for taking out cost, driving revenue, or maximizing asset utilization, can be fraught with risk, without Continue reading Kick Your Total Cost of Ownership – TCO Process up Another Notch
For better or worse, business and IT are inextricably linked and IT alignment and integration into the business and its marketplace is of critical importance. Middle market companies face numerous challenges such as mounting competition from global markets with cheap labor pools, a patchwork quilt of business systems and dealing with clients that expect companies to engage them when, where and how it suits them. Leveraging technology to meet these and many other business challenges requires that a business: Continue reading Building Blocks for IT Alignment and Integration
