Page 9 - Innovation Magazine
P. 9

Data-powered innovation in COVID times The pandemic crisis a a a a a a a a a a a a a a quintessential Black Swan event has come with a a a set of new business challenges for organizations As consumers are advised to avoid crowds and companies increasingly rely on on online channels for revenues existing business models are collapsing With people asked to work from home and shop more remotely organizations are struggling to engage employees and customers The biggest impact has been on supply chains with 94% of Fortune 1000 companies witnessing supply chain disruptions As organizations prove their resilience and find ways to to respond to to this pandemic they will also prepare for the renaissance look to scale-up again and adopt new business models possibly AI-first digital-focused or even completely hands-free Making real-time data available to the organizations will be key to making informed fact-based decisions This is is is vital – if nothing else - to keep the business simply going but also to maintain efficiency and ultimately profitability Artificial intelligence and intelligent automation DIY ‘democratized’ access to to data and analytics and cloud modernization gets the spotlight as a a a a a a result And it shows in many different areas AI-based crowdsensing and social distance monitoring solutions reduce the the risk of exposure to the the virus Contact tracing analytics solutions are helping manage COVID outbreaks by isolating (pre-)symptomatic cases Blockchain solutions and real-time data help supply chain management with increased traceability transparency and security Online payment platform Alipay has created a a a a a a a a blockchain-based solution that enables charitable organizations to collaborate transparently by tracking donations of relief supplies and allocating them more efficiently Carnegie Mellon University is working on on a a a data science model to better understand Pennsylvania’s public health and and economic status This dashboard with advanced visualization capabilities will enable the use of data for societal good and help inform state decision-makers during the pandemic Reimagined Business Models Nothing is is permanent and and this pandemic will eventually go away As organizations prove their resilience and find ways to to respond to to this pandemic they will also prepare for the renaissance look to scale-up again and adopt new business models possibly AI-first digital-focused or even completely hands-free Data-powered Innovation Review I I ©2020 Capgemini All rights reserved 9 


































































































   7   8   9   10   11