Services, Technology and Consulting Newsletter April 2015 Welcome to Latitude Executive Consulting’s newsletter, rounding up news in the first quarter of 2015 within the Services, Technology and Consulting sectors. The material has been sourced from a range of media and business contacts/partners. great start to 2015. The organisations covered in this issue are: 1. BT 2. SunZu 3. Capgemini 4. Deloitte 5. Infosys 6. IBM 7. PA Consulting 8. Cognizant 1. BT In Milan, BT has announced the opening of a new concept store. It gives retailers a vision of how creative use of technology can radically transform the in-store shopping experience. Designed as a real shop branded 'Alexander Black', it showcases more than 40 innovative technologies that create a personalised experience for customers who do their shopping in 'bricks and mortar' stores. The Alexander Black shop also demonstrates how the in-store experience can be seamlessly integrated with the brand's online, mobile and customer service channels to create an intelligent and consistent experience across all channels. The Milan shop, opening six months after the launch of the first Alexander Black store in New York, contains live, real time demonstrations of BT solutions that show how technologies such as RFID, NFC (Near Field Communications), BLE (Bluetooth Low Energy), beacons and Wi-Fi can transform the in-store shopping experience, e.g. o improve individual customer engagement and the overall in-store experience o improve the retailer's in-store operations and support their omnichannel strategy o provide shop floor staff with real-time visibility of inventory across all E channels and global supply chain x oa enable shop floor staff to quickly access customer and product information om provide innovative ways to verify product authenticity and identify p counterfeited goods l oe make all those solutions accessible through managed mobile devices o provide in-store security with innovative video surveillance and anti-theft o systems, and help manage the flows of cash. f “Bricks and mortar stores are challenged by the very deep changes in customer expectations created by the rise of online shopping,” said Hubertus a von Roenne, Vice President, Global Industry Practices, BT Global Services. “Successful retailers absolutely need to orchestrate new technology in a b u l l Please contact Latitude Executive Consulting at: e Golden Cross House, 8 Duncannon Street, London,tWC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com e Page 1 of 10 d l creative way and blend the digital and physical worlds so that their customers have the same amazing experience regardless of the place or time of their shopping.” “From interactive displays to digital screens where the content is personalised by relevant criteria, such as individual shopping history and demographics, there is a huge range of new ways to engage and delight the customers. Being able to integrate these multiple experiences to provide a consistent, joined up brand experience across all channels has become a key priority for retailers,” added von Roenne. 2. SunZu SunZu is a recently launched competitor to LinkedIn. It puts business first, and with free sign-up, SunZu grows brands' sales funnels by combining Artificial Intelligence with Human Intelligence to filter and match members' profiles together so they can focus on developing business opportunities, instead of egos. “The whole principle behind SunZu is to help entrepreneurs and small businesses grow. We were in beta mode for 18 months and emerged from this on 1st March 2015 – indeed, we have attracted over 55,000 new members in just six months. They have been crying out for a network that cuts through the nonsense that has drastically diluted the value of social media,” said Lyndon Wood, serial entrepreneur and founder of SunZu. Also the founder of constructaquote.com, a UK business insurance company that he founded when 19 years of age and which has sales in excess of $60 million, he was recently featured in Forbes magazine discussing how “he will build his $1B business”. He added: “There is huge potential for brands to benefit on SunZu – from referrals or collaborating in private Teams, to content publishing or engagement. We also don't do anything with member data – it remains their data. Instead, we put business first by helping members find people, build teams and create customers. The power of SunZu comes from the business community – the more you use it, the more you engage, the more you share, the more you collaborate, the more you invite others to join, then the greater your ability to conduct business there.” Doing away with the need to spend a lot of precious time trying to be heard and striving for relatively intangible brand awareness, SunZu delivers significantly more Return on Time for businesses. SunZu will inform members of sales opportunities based on engagement patterns and its intelligent algorithms to help brands conduct business without needing to play any games. Intelligent algorithms match members with the right people for their business as soon as they start filling in their profile. All members are connected as soon as they sign up and can ramp up collaboration and productivity by building various private Teams comprised of staff, colleagues, peers, Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 2 of 10 customers, prospects, providers and suppliers in which you can even securely share documents to work on. The SunZu BizCard is the starting point for all new members – it is a digital business card that includes multiple options for social network profiles and pages, traditional contact details, and a personal profile summary in which you can embed a video. The SunZu platform's smart algorithms use the content within the BizCard to help match your “Know How” and “Why I Am Here” with other members looking for your expertise or services, and vice versa. Additionally, you can quickly upload your credentials, case studies and examples of projects successfully completed within the Portfolio section, displayed on the profile as a carousel. The BizCard sets itself apart from the usual text-heavy approach to profiles by also showcasing your Products & Services. Each one acts like an intelligent advert – it displays what you do, clicking on it provides more context and contact info, and they are each heavily optimised for search engines meaning that your product or service will be ranked higher as well as accurately indexed. 3. Capgemini A global report “Fixing the Cracks: Reinventing Loyalty Programs for the Digital Age” by Capgemini Consulting, has revealed that loyalty programmes have not evolved with the digital age and are failing to engage consumers. The report lifts the lid on why active participation rates in loyalty programmes are often low and why 89% of social media opinions on loyalty programmes are negative. Capgemini researched the loyalty programmes of 160 global companies across 7 sectors including Retail, Banking, Consumer Products, Telecom, Airlines, Hotel Chains and Consumer Electronics. In addition, Capgemini also conducted a scan of 40,000 consumer conversations on social media to gauge customer sentiment towards loyalty programmes. The research revealed that most loyalty programmes follow a basic transactional philosophy where rewards are based on purchase. Only a small minority of programmes recognise and reward consumers for engaging and interacting with the brand in other meaningful ways. Furthermore, most loyalty programmes lack personalisation and fail to offer cross-channel redemption services. The negative social media sentiment on loyalty programmes stemmed mainly from the lack of reward relevance, rigid reward structures, user experience issues with online channels, and poor customer service quality levels. Key findings of the study reveal that loyalty programmes are not evolving at the same pace as the digital age, for example: just 11% of loyalty programmes offer personalised rewards based on a customer’s purchase Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 3 of 10 history or location data; 79% of loyalty programmes use the mobile channel, and yet only 24% allow redemption through it. 4. Deloitte Across industries and geographies, business strategy is being transformed by the rapidly changing technology landscape, according to Deloitte’s 6th Annual Tech Trends Report, released recently. As technology and business become ever more intertwined, the report, “The Fusion of Business and IT”, outlines the top macro technology developments that will disrupt businesses in the next 18-24 months. This year’s theme is inspired by a fundamental transformation in the way business C-suite leaders and Chief Information Officers (‘CIOs’) collaborate to harness disruptive change, chart business strategy, and pursue opportunities. Whether it is a manufacturer looking at printing replacement parts on demand, or finding ways in the health care industry to harness artificial intelligence to improve cancer diagnosis and treatments, the confluence of business, technology and science is being seen and felt across all markets and industries. Kevin Walsh, head of technology consulting at Deloitte UK, explains: “As technology evolves faster than ever before, it is increasingly critical to the success of enterprises. Our report looks at the remarkable rate of IT change in business and provides an insider’s view of both what is happening today, and what will occur in the coming months across different industries, geographies and company sizes. Our report encourages executives to be the catalyst of change for emerging technology, to explore the risks and embrace the opportunities it has to offer.” The trends include the following. Ambient Computing: As the Internet of Things (‘IoT’) is maturing from its awkward adolescent phase, ‘ambient computing’ is the backdrop of sensors, devices, intelligence and agents that can put the concept to work. For example, getting a vending machine to trigger an order replenishment from the supply chain, through embedded sensors tracking stock levels. Practical applications in UK industries include those within healthcare and life sciences (remote monitoring patient care in the community), within transport (accident response sensors on the roadside), and within energy (smart metering in homes). IT Worker of the Future: the scarcity of technical talent on multiple fronts is a significant concern across many industries. Having access to the right number of people, with the exact skills, who can cope with the very latest innovations, whilst maintaining legacy systems, will require business leaders to access a new type of employee. The IT worker of the future will have habits, incentives and skills that are inherently different from those in play today. Design lies at the heart of this new generation, and requires new skill sets such as graphic designers, user experience engineers and behavioural psychologists. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 4 of 10 CIO - as Chief Integration Officer. In a world that is being reconfigured by technology, CIOs should be at the centre of this change. As technology transforms existing business models and gives rise to new ones; the role of the CIO is evolving rapidly, with integration at the core of its responsibility. CIOs must view their responsibilities through an enterprise-wide lens to ensure that critical domains like digital, analytics and the cloud do not negatively affect other departments. In this shifting landscape of opportunities and challenges, CIOs can be not only the connective tissue, but the driving force for intersecting, IT-heavy initiatives. Dimensional Marketing. Marketing has evolved significantly in the last halfdecade. The evolution of digitally-connected customers lies at the core, reflecting the dramatic change in the dynamic between relationships and transactions. A new vision for marketing is being formed as Chief Marketing Officers (‘CMOs’) and CIOs invest in technology for marketing automation, next-generation omnichannel approaches, content development, customer analytics, and commerce initiatives. This modern era for marketing is likely to bring new challenges in the dimensions of customer engagement, connectivity, data and insight. Other trends include amplified intelligence (use of artificial intelligence to amplify workers’ abilities), API economy (soft components being reused, shared and monetised), software-defined everything (the entire infrastructure and operating environment being virtualised and automated), and core renaissance (modernising systems to pay down technical debt, re-platforming solutions and embracing innovative new services). 5. Infosys Infosys has announced that it has been honoured with the coveted Daimler Supplier Award 2014 at the Mercedes-Benz Center in Stuttgart, Germany at a ceremony attended by 450 representatives of the major suppliers and about 200 representatives of Daimler management. Infosys received the prestigious Daimler Supplier Award in the Outstanding Quality category, for professionalism in the provision of IT Data Center Services. The award was presented by Wilfried Porth, Member of the Board of Management of Daimler AG, Human Resources and Director of Labor Relations and Mercedes-Benz Vans and Wendelin Wolbert, Head of International Procurement Services. Infosys has been working with Daimler for over 12 years with its cars, trucks and financial services business units across the globe. As a trusted partner for Daimler, Infosys has been delivering on key projects such as consulting for key business functions along with application development & support for both SAP-based and custom technology platforms. Last year, Infosys successfully completed a large & complex transition program to take over support operations of Daimler’s European Data Centre based in Stuttgart. Infosys has efficiently managed the operations since then. The additional responsibility of running the infrastructure operations of Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 5 of 10 one of the key regional sales and manufacturing units has reinforced the trust that Daimler puts on Infosys. Daimler AG honors outstanding performance of its direct and indirect supplier community annually with the Daimler Supplier Award. While working with suppliers, Daimler follows its cooperation model called the Daimler Supplier Network. This model is based on the principles of performance and partnership. Performance is measured in terms of quality, cost, delivery reliability and innovative strength. The partnership is based on trust and open communication. Sanjay Jalona, Executive Vice President and Global Head− High-Tech & Manufacturing and Engineering Services, commented: “Throughout our long-standing relationship, we have focused on reliably delivering value through initiatives that transform the operations of Daimler and bring innovative solutions to their problems. This is the first time in many years that an IT partner has been presented with a Daimler Best Supplier Award. It is testament to the maturity of our automotive business as well as our growing presence in Germany.” 6. IBM IBM has announced that it has signed a multi-million dollar agreement with Coca-Cola Amatil (CCA) to move its Asia Pacific customer planning and relationship management systems to the IBM Cloud. Hosting the workloads in IBM’s two SoftLayer cloud centers in Australia will provide CCA with a more agile environment to quickly respond to customer needs and will deliver significant annual savings to CCA. The news builds on the five-year multi-million dollar cloud agreement that CCA signed with IBM last year to manage its mission-critical SAP infrastructure in IBM’s Sydney cloud center. Demand for CCA’s beverage goods is seasonal, impacted daily by several factors including when the weather is hot or when major events are taking place. These fluctuations make it costly for CCA to own and manage its own IT infrastructure. To continue to support these workloads in-house CCA would need to make capital infrastructure investments designed for the highest potential demand. The IBM Cloud provides the flexibility for CCA to provision capacity to match customer demand, in a secure and reliable environment. “As we continue our transition to cloud we are backed by IBM, a partner we work with and trust. Our business requires the highest levels of Customer Service 24/7. We must have our products on shelves at any hour of the day or night that our consumers wish to purchase them. We have large transaction volumes which vary significantly depending on factors like location, day, season and what’s on,” said Barry Simpson, Group CIO at Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 6 of 10 Coca-Cola Amatil. “The move to SoftLayer provides us with a game changing level of flexibility, resiliency and reliability essential to service our customer needs. This consumption based model also removes the need for large expenditure on IT infrastructure.” Over the next six months CCA will transition workloads to the IBM Cloud to run production, testing and development environments. These workloads span the organization and are essential for CCA’s customer relations management, planning, forecasting and reporting. "With CCA extending its relationship with IBM, they will be able to more quickly respond to changing market dynamics," said IBM General Manger of Cloud Services James Comfort. "And with the opening of the second IBM Cloud center in Australia, organizations like CCA can now manage their data on-shore, with unmatched resiliency, security and scale.” 7. PA Consulting The BAR Technical Innovation Group (TIG) will bring together British industry to contribute to this unique technical and sporting challenge. PA Consulting Group (PA) has joined BAR in their challenge, bringing extensive experience in developing and implementing a wide range of advanced technologies, complementing BAR’s design and engineering expertise. The task of the TIG is to find advanced technologies, and develop them to provide a race winning edge to the team. The TIG will complement the existing design team with an external, world-class, multidisciplinary research and development group. It will allow the team to rapidly develop, prove and put new technologies into the field. The TIG will provide technological insight and manage innovative projects in areas such as human factors, sensing and telemetry, communications and mechanical efficiency. BAR has a core of technical, design and engineering knowledge – but the broad sweep of modern scientific and technological advancement means that there will always be other opportunities. The TIG will be governed by a steering group that will be chaired by PA’s Dr. Phil White. There will be representatives from each of the TIG member companies, while BAR’s Technical Director, Andy Claughton will represent the BAR team. The Steering Group will initiate and guide with PA embedded at the BAR design centre, supporting the main design team through the management and leadership of the TIG projects for the duration of the America’s Cup campaign. Seventy years ago, PA used highly innovative techniques to increase new aircraft production. Today, PA is a world leading innovation, technology and consulting company that makes the difference for clients and communities worldwide. From saving babies’ lives through remote monitoring of foetal heartbeats, to ground breaking detection of improvised explosive devices, PA is perfectly suited to help BAR make this ambition a reality. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 7 of 10 Alan Middleton, PA Consulting Group’s Chief Executive Officer says: “The UK is a world leader in engineering and technological innovation. As an innovation, consulting and technology company itself, PA is proud to be contributing its insight and expertise to the challenge, working closely with the Ben Ainslie Racing team and other contributing companies.” BAR’s Team Principal and Skipper Ben Ainslie commented: “We don’t underestimate the challenge ahead of us, the America’s Cup is the oldest trophy in international sport, and over 162 years and 34 contests Britain has never won it. We are a first time challenger, and only one challenger has ever won it at the first attempt. So we are going to make a lot of history when we bring the Cup home, but we realise that we need all the help that we can get. That’s why we have developed the Technology Innovation Group and why we are delighted to have PA Consulting Group on board.” 8. Cognizant Cognizant has announced that it has been named a “Leader” in “The Forrester Wave™: B2C Global Service Providers, Q1 2015,” (February 2015) by Forrester Research Inc. The report evaluated companies across a range of strategy, customer experience design, technology, and managed services capabilities. “Cognizant is augmenting its legacy development and software integration experience with a set of omnichannel strategy and emerging digital customer experience capabilities,” stated the report. “The firm excels in program management and Agile development, as well as business functions such as social analytics, mobile development, and omnichannel fulfillment strategy.” The report added, “Cognizant has demonstrated experience in leveraging data to improve performance and customer engagement. It offers services in a broad set of industries such as retail, manufacturing, and financial services, and has experience implementing top tier commerce platforms. Its customers told us that the firm differentiates itself with its program management initiatives and actively leads discussions with clients about the future of specific technologies and markets.” The report evaluated 10 global commerce service providers on 77 criteria in three categories—current offering, strategy, and market presence—to help eBusiness and channel strategy professionals choose the best business partners to help them accelerate digital transformation and meet the rapidly changing expectations of customers. “The complexity of commerce technology projects continues to increase, and the impact of these technologies on customer experience is rapidly rising,” the report noted. “The stakes are getting even higher for today’s eBusiness leaders, and increasingly these leaders are seeking commerce partners that can not only implement commerce technology flawlessly, but Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 8 of 10 can also help define, develop, deploy, and, in some cases, operate the client’s digital business and strategy.” “Rapid shifts in technology, customer demands, and competitive landscape have turned the spotlight on customer-focused digitalization, e-commerce re-platforming, and omnichannel transformation,” said Srinivasan Veeraraghavachary, Cognizant Executive Vice President, Products and Resources.” The above information has been sourced from a range of media publications and statements made in public company announcements. Latitude Executive Consulting acknowledges all copyright and trade names. The information does not represent Latitude Executive Consulting’s view or opinions. Copyright, Latitude Executive Consulting, 2015. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 9 of 10 Introducing Latitude Executive Consulting Latitude Executive Consulting, founded in 2003, has a wealth of experience in hiring senior leadership and commercial profiles spanning every major sector and geography. Our teams of experienced, market-specific Consultants and multi-lingual Researchers ensure the successful delivery of assignments globally. Our expertise has created an exacting and contemporary recruitment service that is thorough yet agile. We have the flexibility to source people expediently, enabling our clients to hire the best possible talent in the shortest practical timescales. Through the utilisation of market leading technology, processes and infrastructure we engage in a combination of methodologies to maintain, update and grow a community of function and sector specific contacts. Through constant communication with this network we are kept appraised of all market developments and are able to track individuals throughout their careers. Our approach applies the highest standards of professionalism through a proven delivery mechanism that never compromises on quality. Contact Please call us on 020 7484 5055 or visit www.latitudeexec.com for more information on our range of services. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: [email protected] www.latitudeexec.com Page 10 of 10
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