Not only must businesses be good at what they do, but they must also be able to do it quickly. Organisations who are able to successfully transition to a real-time enterprise will run rings around their competition.
We've been helping customers deliver enterprise software integration and automation solutions for over a decade - these are key capabilities to transition to real-time business.
We are a boutique Australian software service provider, implementing innovative digital solutions with unmatched flexibility and cost using our product-centric delivery model.
Not only must businesses be good at what they do, but they must also be able to do it quickly.
Today companies in all industries are being required to move faster to meet rapidly changing expectations in what people want, where and how quickly they want it, while ensuring they deliver on all aspects of their brand promise.
Time is the critical component in being able to respond rapidly to customer needs while at the same time reducing costs and driving efficiency.
As a result, we are seeing the emergence of Real Time Enterprise's (RTE) who are continually reinventing the way they work to run rings around their competitors. This includes relatively new entrants such as Amazon, Uber and Netflix, plus more established companies such as Disney, GE and Caterpillar.
The RTE is not a new concept. What is different now is that the technology to capture, distribute and act on data in real-time is now mainstream. Organisations that are able to take advantage of this technology to transform how work gets done, will have the business advantage.
Becoming a real-time enterprise is not just about automating or digitising existing business processes. Rather, it requires a change in the overall operating model to take advantage of digital technology, allowing organizations to move from a supply-push model driven by predictions to a demand-pull model that is able to respond in real-time to current needs.
While the transformation to a RTE will be enabled by technology, it will require new business models, which, in turn, will require structural changes in organisations and their cultures.
So, what makes a real-time enterprise? Key attributes of an RTE include:
Underpinning all of these capabilities is enabling the rapid flow of information inside organisations and across corporate boundaries. More specifically, it's about ensuring that regardless of where or how the data originated, that we can get the right data to the right place at the right time to enable the right decision and/or action to be performed.
While that definition might sound deceptively simple, in reality, effective real-time data movement is not simple and relies on organisations establishing a modern distributed digital backbone that can rapidly adapt to meet an organisation's real-time needs.
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