Digital Transformation

Digital Transformation2018-08-27T11:02:06+00:00

10% or 10x? Consider the Exponential Option

We talk a lot about the digital age, the accelerating pace of change in business and the influx of innovation the world is seeing. New technologies engulf us: the cloud, machine learning, artificial intelligence (AI), the Internet of Things (IoT), predictive analytics... the list seems to get longer by the day. According to a Dell survey of 4,000 business leaders, 48% were uncertain about what their industry landscape would [...]

November 8, 2018|Digital Transformation, Fusion Blog|

What Robinhood and Cryptocurrency Outlaws Can Teach Us About Success in the Cloud

Lessons from Sherwood Forest and Beyond The old English legend of Robin Hood, the leader of a band of Merry Men that stole from the rich to give to the poor, still resonates today, particularly with financial technology (fintech) companies that are intent on disrupting the status quo. In fact, the “Robinhood” name and philosophy has been adopted by one of the most successful new [...]

November 1, 2018|Digital Transformation, Fusion Blog|

FIA Expo 2018 – Day Two

Day two of FIA Expo is always more subdued than the first day, but it allows for time to go into greater depth on certain subjects. This year, a big focus was placed on digital assets. Nearly all of the major exchanges had a seat at the table to discuss their plans for this new asset class and some interesting developments were revealed. Kicking [...]

October 22, 2018|Digital Transformation, Fusion Blog|

FIA Expo 2018 – Day One

A few themes always emerge at FIA Expo and this year Europe managed to steal the spotlight as the main topics of discussion on the first day were regulatory deference and the recent default on the Nasdaq Nordic exchange. Not surprisingly, cryptocurrencies and blockchain garnered quite a few mentions (and there will be many more of those on Thursday as no fewer than four panels are concerned with digital [...]

October 18, 2018|Digital Transformation, Fusion Blog|

Google Cloud Summit New York Recap

Last week, Maven Wave had the opportunity to attend and sponsor the Google Cloud Summit in New York City. It was a full day of learning, exploring the latest cloud technology, and networking. In case you missed it, we’ve recapped the keynote session below. It’s clear the technology evolution we are experiencing today has created a customer revolution. Customers’ expectations are higher than ever before; they want the brands [...]

Blockchain in Financial Services: Where Are We Now?

A lot has transpired since we last covered the topic of blockchain in financial services in the May 2017 Maven Wave newsletter: at that time, the price of bitcoin (BTC) had yet to rise above $2,000 and the concept of an ICO (initial coin offering) was just emerging in the eyes of the public. Since then, BTC topped $19,000 in December and has recently traded around $8,000 while ICO’s raised [...]

August 6, 2018|Digital Transformation, Fusion Blog|

Enable Your Tomorrow, Today

Today’s enterprises are being disrupted by technology; endless amounts of data, cloud, machine learning, AI - it’s seemingly impossible to keep up. Yet, IT leaders are being asked to be more innovative than ever before. How can your organization become more data-driven? How can you provide exceptional experiences to avoid customer churn? How do you attract top talent from a new generation of employees? Finally, how do you move [...]

Smarter Marketing Decisions with Analytics and Google Cloud

On a daily basis, marketers are tasked with identifying new ways to target customers through campaigns, emails, events, ads, social media, and more. But, how do you know if your marketing strategy is effective and making an impact on sales? This is where marketing analytics can make a huge difference; it’s crucial for companies to understand the value of marketing efforts. At its core, marketing analytics is the measurement [...]

April 25, 2018|Digital Transformation, Fusion Blog|

Maven Wave’s Top 5 Tech Trend Predictions for 2018

The pace of technology change is fast and only getting faster. Below are our top 5 technology trend predictions for 2018. 2018: The Year of AI Artificial Intelligence recorded some remarkable achievements in 2017. For example, in November alone, the first AI-powered robot passed a medical licensing exam and a deep learning algorithm created at Stanford University outperformed radiologists in diagnosing pneumonia. This is just the front [...]

December 19, 2017|Digital Transformation, Fusion Blog|

Personas to Pixels

Transforming Personas and Journey Maps to Experiences that Drive Results These days, companies across all industries are focused on improving customer experiences through the use of new and often disruptive digital technologies. For many, the first step in making these improvements is defining detailed customer personas and documenting customer journey maps. While these are certainly important tools for understanding customer pain points, intentions, behaviors, and motivations, [...]

December 13, 2017|Digital Transformation, Experience Design, White Papers|

Blockchain in Healthcare

New Medicine for a Sick Patient: Blockchain in Healthcare Blockchain is the technology story of 2017. While the public has been captivated by the rise and gyrations of the cryptocurrency Bitcoin, behind the scenes a not so quiet revolution is taking shape. Across myriad industries and use cases, blockchain is being developed and tested in ways too numerous to count. One area that deserves special attention [...]

November 6, 2017|Digital Transformation, White Papers|

Blockchain: This Will Change Everything

Blockchain can be an incredibly hard topic to cover or it can be really easy. Blockchain is such a new and, in most cases, untried technology that it can be easy to make some bold metaphysical statements and sound pretty smart. Instead, the goal of this white paper is to put a critical lens to the topic of blockchain and try to understand a little bit about what makes [...]

November 2, 2017|Digital Transformation, White Papers|

2017 Maven Wave Customer Summit Recap

Maven Wave recently hosted our 2017 Customer Summit, in which leaders from many of our customers came together to learn, build a network of peers, and discuss today’s digital enterprise. With a theme of “the art of the possible”, the 2017 Maven Wave Customer Summit presented a comprehensive and ambitious view into the latest in the tech world. Keynote: How to Create an Exponential Mindset The [...]

October 10, 2017|Digital Transformation, Fusion Blog|

Rethinking the Corporation: The Digital Innovation Lifecycle Part 4

The point of this blog series has been to suggest that the traditional departmental corporate form (i.e. sales, marketing, finance, ops, IT, etc.) remains virtually unchanged since its origin at the dawn of the industrial age. Back then, innovation moved in multi-year cycles and infrastructure and depth were more determinant of success than speed of innovation. If the two decades since the dawn of the internet have taught us [...]

August 14, 2017|Digital Transformation, Fusion Blog|

5 Strengths of Winners in Digital

There’s no question that the need for businesses to evolve for the digital age is here; it’s no longer something companies can put off.  Now, it’s just a question of how to get started. When looking at the competitive landscape, there are certain companies that always seem to just get it and manage to stay far ahead of the curve. Airbnb, Amazon, and Tesla are just a few [...]

August 11, 2017|Digital Transformation, Fusion Blog|

Can Blockchain Transform the Healthcare Industry?

Blockchain is driving change in financial markets, but it will also serve as the catalyst for transformation across many other industries. Front and center: healthcare. Maven Wave Principals Andrew Dunmore and Nick Polachek describe the five foundational characteristics of blockchain and explore how these factors apply to the future of blockchain in healthcare. Blockchain began as a financial product and it’s widely known as the [...]

August 8, 2017|Digital Transformation, White Papers|

Digital Transformation is Business Transformation

Maven Wave attended and sponsored the 2017 Forrester Digital Transformation conference in Chicago this week. The event brought together business leaders and technology innovators to collaborate on the re-invention of products, processes, technologies and cultures through digital transformation. The event focused on how to increase efficiency and agility with operational excellence, while creating customer-obsessed experiences that grow revenue and re-invigorate businesses. During the keynote session on the [...]

Ready for Take-Off: Blockchain Adoption in Financial Services

No technology has captured the public's imagination over the past couple of years more than blockchain. While the roots of the technology can be traced back to the ‘90s, the actual implementation of the concepts of a distributed ledger began to take flight with the introduction of bitcoin in 2009. While bitcoin attained something of a taint in the public’s imagination due to its early adoption in criminal enterprises and [...]

May 1, 2017|Digital Transformation, Fusion Blog|

Rethinking the Corporation: The Digital Innovation Lifecycle Part 3

Throughout this blog series, we’ve been suggesting that the traditional departmental corporate form (i.e. sales, marketing, finance, ops, IT, etc.), universally applied, and virtually unchanged for over two centuries, is killing innovation in leading corporations around the world. From the way companies develop strategy, serve customers, and attract employees, to the way they create and manage work product, digital is driving the need for innovation. In our first post, [...]

Rethinking the Corporation: The Digital Innovation Lifecycle Part 2

In our first post in this series, we argued that the traditional departmental corporate form (i.e. sales, marketing, finance, ops, IT, etc.), universally applied, and virtually unchanged for over two centuries, is killing innovation in leading corporations around the world. We noted that to compete, corporations must rethink the way they organize, fund, and execute. From the way companies develop strategy, serve customers, and attract employees, to the way they [...]

January 30, 2017|Digital Transformation, Fusion Blog|

Product-Focused Agility in a FDA Regulated Environment

A Must to Stay Competitive in the Digital Space Technology has become increasingly important in the way we work and interact. As people rely on technology in their daily lives, they develop higher expectations for functionality, usability, and performance. The life sciences industry is no different—technology is at the heart of research and development, customer interactions, and manufacturing operations. Properly executed Agile software methodologies have become the industry standard [...]

January 26, 2017|Digital Transformation, White Papers|

Rethinking the Corporation: The Digital Innovation Lifecycle Part 1

A year ago this October, we began a series of blog posts on the ways that technology is dissolving into every nook and cranny of our lives. We noted that the very nature of the work we do is changing; it’s less an assembly line, and more of a swarm. Marketing doesn’t just market, it points creativity and technology at marketing problems. In financial markets, the trader that once [...]

October 31, 2016|Digital Transformation, Fusion Blog|

Millennials Part 2: How to Adapt to a New Way to Work

As we discussed in our first blog post, Millennials are rapidly influencing the enterprise during this age of digital transformation. While Millennials are significant assets, companies must redefine their cultural structure to retain these individuals. Research shows that one of the biggest challenges chief executives are faced with is appealing to and retaining Millennials. Let’s dive in and find out what it takes to hire and keep a Millennial!  [...]

6 Things That Have Changed About Consulting

As technology becomes more sophisticated, more analytical, and more social, the very nature of the work we do is changing. For nearly two centuries, corporations have been organized by function (Sales, Marketing, Finance, Operations, etc.) with the goal of efficiency. Work has been assumed to be divisible by corporate function, and therefore specialization is assumed to insure the lowest cost. Though this model is often baked into the culture of [...]

July 21, 2016|Digital Transformation, Fusion Blog|

Getting to the New Normal – Financial Services in the Millennial Age

Love them or hate them, Millennials are poised to dramatically change the world of financial services - and in many cases the change has already begun. What makes this group, the largest generation in the history of the U.S. and the world, unique and how are some companies adapting to meet their needs? Much has been written about Millennials1; from the bad (lazy, entitled, self-obsessed narcissists) to the good (open-minded, [...]

July 21, 2016|Digital Transformation, Fusion Blog|

Millennials: Reshaping Corporate Culture

Millennials are redefining the workplace standards with a contrasting outlook on technology and culture, resulting in a recent transformation in the enterprise. Upper management may sometimes pose the question, “why should we adopt to the Millennial culture?” Transitioning to a Millennial-friendly culture can be challenging, however it is a change that will lead to competitive advantages and advancements that are necessary to achieve success in the digital age. The Millennial [...]

July 6, 2016|Digital Transformation, Fusion Blog|

CIO vs CEO: Finding Middle Ground

IT holds a special place in the digital age bringing value to the enterprise through technology. As the world becomes increasingly digital, businesses are relying on IT to not only keep the current systems up and running, but to keep pace with digital technology advancements. While IT plays a vital role, the business demands can hinder the success of IT initiatives, which is often due to the misalignment of priorities [...]

June 15, 2016|Digital Transformation, Fusion Blog|

Transformation in Financial Services: Tech to the Rescue for Challenged Industry

The financial services industry has never fully recovered from the 2008 meltdown and heightened regulation, intense competition, and unsettled market conditions make financial services an industry that is facing unrelenting headwinds. How to cope in such an environment? Transformation driven by technology. The old saying that “necessity is the mother of invention” is certainly true these days in financial services markets. Battered by the 2008 meltdown and the tsunami of [...]

Shadow IT Part 3 – Making the Digital Transformation

Recap of Parts 1 and 2 Our first post in this Shadow IT series pointed out that in today’s environment, as technology becomes more sophisticated, more analytical, and more social, the skills required for success are changing more dramatically than ever. We argued that the very nature of the work we do is changing. Creating a successful technology-driven business solution is born from a blend of skills that don’t fit [...]

Building a Digital Business for the Future

Maven Wave recently participated in the 2016 AGENDA conference, hosted by IDG Enterprise in Amelia Island, FL. AGENDA is a business leadership conference focused on transforming the enterprise for the digital world. The conference is attended by digital leaders from all over the country who are leading transformation efforts in their organizations; C-level executives, VPs, and Directors from Marketing, Operations, Finance, Technology, and Operations. The conference helped to solidify the [...]

April 18, 2016|Digital Transformation, Fusion Blog|

Disrupt or Be Disrupted: Collaboration as the Catalyst for Digital Transformation

In today’s digital world, the only thing that’s constant is change. This couldn’t be more true in today’s enterprise. There are new consumption models that have completely changed the way consumers purchase, new buyers in the enterprise that are influencing technology outside of IT, and new business models that are embracing digital engagement with customers. The companies who embrace these changes and take advantage of the new way of [...]

Disruption on the Prairie: The State of Blockchain in 2016

There is no question that blockchain is big: over $1 billion has been invested in blockchain firms to date (CNN Money) and industry giants such as JP Morgan, NASDAQ, and Linux have gotten behind the innovative technology in big ways. But, just as little is known about Satoshi Nakamoto, the mysterious creator of blockchain, the future of this technology is a bit of a mystery as well. While the popular [...]

February 29, 2016|Digital Transformation, Fusion Blog|

Shadow IT Part 2: The Coming [Digital Productization] Wave

Recap of Shadow IT Part 1 Our first post on this topic pointed out that in today’s environment, as technology becomes more sophisticated, more analytical, and more social, the skills required for success are changing more dramatically than ever. We argued that the very nature of the work we do is changing; it’s less like an assembly line, and more like a swarm of skills. Marketing doesn’t just market, it [...]