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The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

Application modernization, an integral part of digital transformation, has become essential for companies wanting to expand their business growth. Many organizations are already embracing the trend of modernizing applications to improve operational efficiency and agility, align to IT investments, and stay ahead in their business initiatives by delivering an unmatched customer experience.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

In 2022, the world started reopening after a couple of years of pandemic-induced lockdowns and truncated economic activity. Companies are navigating tough challenges such as changing customer preferences, intense competition, talent shortage, economic deceleration, and supply chain crisis accentuated by a prolonged war. According to Gartner, CEOs are betting big on digital and IT capabilities to help them navigate through the crises and deliver growth.

In 2021, an ISG research found that companies have spent 40% more on managed services and outsourcing. Outsourcing non-core business operations and processes is a widespread practice for companies of all sizes. The decision to hire software project outsourcing companies is driven primarily by cost savings.