Introduction | AI as a Strategic Growth Engine in D&A As AI continues to evolve, its impact on industries is becoming both profound and Inevitable. As per a PwC report, by 2030, AI is expected to contribute up to $15.7 trillion to the global economy, with nearly 45% of these gains driven by product enhancements […]
The Rise of Data Ecosystems: Orchestrated by Digital Engineering With the global data sphere projected to reach 175 zettabytes by 2025, businesses are generating data at an unprecedented rate. Yet, only a fraction of them are effectively converting this data into actionable insights. According to McKinsey, fewer than 20% of companies succeed in doing so, […]
Data quality is crucial for the effectiveness of operations today. Any deficiency in data quality can adversely affect business outcomes. Innover’s AI/ML-driven Data Quality Management Framework guarantees high-quality data throughout its lifecycle and across various sources, instilling confidence in every business decision. Enough has been said and stressed about the importance of data. Still, not […]
Success in the digital age hinges on a progressive strategy that is underpinned by a strong data-driven digital foundation, unwavering commitment to data quality and privacy, ingenious data analytics and engineering practices powered by contemporary technologies like AI, and state-of-the-art Centers of Excellence or Innovation Labs that are enthused with data. In the ever-evolving digital […]
Building smart supply chains that are connected, data-driven, sustainable, and resilient, powered by AI-enabled digital technologies. Digital transformation has taken over industries by storm and has had a similar impact on supply chains too. While some supply chain practitioners are missing the bandwagon of transformation and faltering to keep pace with the digital revolution, others […]
The euphoria surrounding NFTs, Blockchain, and the Metaverse is anticipated to be replaced by a more cautious approach in 2023, as geopolitical and economic instabilities continue to impact the tech industry’s growth. This means succeeding in the fiercely competitive business world would demand more than just good intentions. In order to achieve success, it is […]
Quality data is an absolute must for modern-day businesses to taste success. Similarly, poor quality, unverified data can lead to significant losses and missed opportunities. Ensuring all available data is of high quality is a critical capability for organizations aiming to rise up the data maturity ladder or seeking to join the data-driven club. Enabling […]
We are in the midst of an experiential economy, where the customer has further cemented his place as the king. Pleasing the king is not an easy ask as he wants the best of experience for every product or service consumed. Customers today expect organizations to deliver more holistic, innovative, and hyper-personalized experiences. The emphasis […]
Supply chain disruptions caused by an unexpected surge in demand, material shortages, and stockouts more often than not catches organizations off guard. The residual impacts of pandemic-induced demand-supply imbalances taught the industry a valuable lesson: anticipating market demand based on historical data is no longer feasible. They must adopt more futuristic and realistic methods of […]
Advanced analytics has brought forth the next spurt of growth for the Oil and Gas (O&G) industry. According to a report by Mckinsey, advanced analytics has the potential to transform organizations, and fundamental operating models and can yield returns as high as 30-50 times of investment. The oil and Supply chain industry grapple through a […]