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Posted on: March 21-2016 | By : Swati Phalke | In: Analytics,Big Data,Business Agility,Digital Skills,Digital Solutions,Enterprise Technology,Leadership | No Comments
For many years in the IT services business, there was a reasonable amount of demarcation in project execution using technology skills such as Mainframes, Client Server, Data Warehousing, Business Intelligence, and ERP. Projects were getting executed in silos for every Line of Business (LoB) within an enterprise. However in today’s digital world, there has been a huge disruption of the business model. Boundaries within the businesses are getting blur. For instance, retailers are entering into banking space to enable quick lending, sports companies are entering into consumer wellness, and mobile companies are entering into payments. Enterprises have restructured themselves to capitalize on the synergies within various lines of businesses. Hence, many digital projects need multiple technically-skilled professionals to join hands to deliver these business driven projects.

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Swati Phalke

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Swati Phalke
Swati Phalke is Practice Director, Digital One at Syntel. She has over 19 years of technical and...

 
Posted on: February 26-2016 | By : Visukumar Gopal | In: Business Agility,CxO Innovation,Enterprise Technology,Innovation,Intelligent Business,Leadership,Managing Business Risks,Project Management | 2 Comments
An organization’s operational efficiency is largely dependent on how well it manages different projects. This calls for a well-defined project management approach that ensure projects achieving all predetermined goals with optimized allocation of resources. A Project Management Center of Excellence (PMCoE) enables organizations to have an enterprise level approach towards project management. PMCoE serves as a centralized body or function which has the autonomy to educate, energize and enrich people knowledge. This entity also has the excellence, best practices and expertise on project management.  
I will be focusing on some core concepts in the blog series, where I will highlight the importance of PMCoE in all industries.   Let us start by discussing the prerequisites of creating a PMCoE.   Project Management and Project Managers have never been more important to the accomplishment of corporate work scopes. An increased emphasis on performance, accountability, and cost-effectiveness is driving industries to reassess work scope planning and execution. Organizations are using Project management as ‘the tool’ for effective streamlining. This change, however, requires planning. No longer can workforce size, resources, training, or experience alone help organizations to achieve their goals. Accomplishment begins with judicious alignment of resources, a shift in corporate culture, and with a committed management team. It is a journey to excellence.   Cultural shift towards Project Management has been on going. To achieve a more complete transition, it is important to empower resources at every levels of the management. Involving all levels of management immediately sends the message of total commitment. Continued work toward institutionalizing the process also strengthens this effort. Pushing change requires wide spread, committed involvement. It keeps things moving.   Project management is one of the critical levers for organizational success. Today, organizations which excel in delivering their business are often at a higher degree of project management maturity than others that have not progressed in the path of successful project management implementation.   Sometime there is a lot of doubt over adoption of either a top-down or bottom-up approach for implementing new processes and culture. The organization’s culture has to support transformation at all levels. The leadership team is the key driver of enhancements needed by the organization. They authorize implementation efforts, exemplify practices, and provide support, while the operations teams have to have the buy-in necessary for the actual implementation of the project. Cooperation between the leadership team and operations team is essential to ensure the level of excellence expected by implementing project management principles.   In the next blog, I will be covering Characteristics of a successful PMCoE. Stay tuned.
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Visukumar Gopal
Visukumar Gopal is Practice Head, LEAN & Knowledge Management at Syntel. He has over 20 years...

 
Posted on: September 22-2015 | By : Deepika Das | In: Analytics,Big Data,Business Agility,Digital Solutions,Enterprise Technology,Healthcare Informatics,Regulation and Compliance | 2 Comments

The significance of personalized medicine/precision medicine and its benefits is still new to the masses. However, the number of personalized medicine products has more than quadrupled in recent years. From the meagre 13 personalized medicine products available in 2006 to more than 70 in 2012, experts predict the American market for these drugs will double - increasing the market share from $9.2 billion in 2013 to $18.2 billion in 2019.
 

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Deepika Das

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Deepika Das
Dr.Deepika a Dentist by profession, and an MBA in Healthcare IT has around 3 years of experience in...

 
Posted on: February 06-2015 | By : Parth Jhalani | In: Enterprise Technology,SAP,Software Development | 2 Comments
SAP Fiori is a cutting-edge technology, which is a collection of applications (SAP standard and bespoke) with a simple and enhanced user experience (UX). It applies modern design principles for UX design. SAP Fiori UX represents a personalized, responsive and simple user experience across devices and deployment options.  

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Parth Jhalani

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Parth Jhalani
Parth Jhalani is a SAP Fiori Consultant/SAPUI5 developer at Syntel. With around 3 years of...

 
Posted on: November 11-2014 | By : Sandeep Raut | In: Cloud,Enterprise Technology,Intelligent Business | 1 Comment
The Oxford Dictionary in 2013 included the term digital detox and defined it as “a period of time during which a person refrains from using electronic devices such as smartphones or computer”. What is ironical is that they added the term to their online version accessible only on digital devices. Today, when the digital revolution is driving our lives like never before, mobile devices, most prominently, are revolutionizing every aspect of the consumer shopping experience. 

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Sandeep Raut

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Sandeep Raut
Sandeep Raut is Director Digital One at Syntel and is an avid blogger with a focus on big data...

 
 

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