In a Forbes article to CIO’s, Vijay Gurbaxani, Founding Director of the Center for Digital Transformation and Endowed Professor of Business and Computer Science at the Paul Merage School of Business, UC Irvine states: “with so much uncertainty, it may even pay to accelerate, not just maintain, your investment in automating costly processes.”
AUTOMATION. Digital Transformation. These words will be shouted by enterprise leaders to the point of nauseam...and this my friends represent opportunity.
All we talk about as a nation is “When will this end?” and “When will we be back to normal?”
This is a must-read article to understand the options we have and the difficulty we may face in our crusade as we return to “normal.” For businesses to survive, technology must occupy the front seat.
We are standing at the scarp of the economic effects of the pandemic. To put this in perspective, at the peak of the great recession unemployment was 9.9%, the great depression, 24.9% and now James Bullard, a Fed CEO and 7th most influential economist in the world stated, the unemployment rate may hit 30% and 50% drop in GDP.
When is the best time to harness opportunity? Warren Buffett is famously quoted saying “Simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” On the other side of this event is opportunity, but one needs to prepare NOW - when others are fearful.
Automation requires tools - Blockchain, Distributed Ledger, Artificial Intelligence, Machine Learning and others. That’s what we do!
Let us help you to help the people you serve. It’s time we tame the tsunami of data, turning unstructured into structured and automate processes and workflows. It’s our duty to help future proof the workforce.
This is the time to educate, plan and take massive action. Call us. We can help.
Protect yourself and others. Stay Safe.