9
Time for Technology Investments to Deliver Results

Time for Technology Investments to Deliver Results

Embed Size (px)

Citation preview

Page 1: Time for Technology Investments to Deliver Results

Time for Technology Investments

to Deliver Results

Page 2: Time for Technology Investments to Deliver Results

Technology

Investments have

Grown over TimeCompanies have invested in cloud, digitization, and automation to realize:

Agility in business operations

Higher productivity

Innovative tech-products

Speed-to-market

Page 3: Time for Technology Investments to Deliver Results

Companies today demand swift, demonstrable returns on their tech investments, and:

Can Tech Investments

Deliver all they

Promise?

New investments take the back seat as companies seek to:

Generate larger amounts of operating income

Shorten the business life cycle

Move capex to opex

Reduce IT management costs

Page 4: Time for Technology Investments to Deliver Results

Realizing Financial Returns from Tech Investments

Case Study 1: How a Manufacturer Reduced Costs with the IOT

Case Study 2: How a Radiopharmaceuticals Company Reduced Production Waste

Case Study 3: How a Saudi Petrochemicals Company Reduced HR

Manpower Costs by Nearly 20%

Page 5: Time for Technology Investments to Deliver Results

Made fixes before breakdown

Predicted repair and maintenance issues using the IoT

Achieved cost reduction

Improved cash flow across the company

Eliminated downtime

Case Study 1: How a Manufacturer Reduced Costs with the IoT

Machine breakdowns caused downtime

Cost inefficiencies prevailed

$

Page 6: Time for Technology Investments to Deliver Results

Revenue and vendor payments difficult to track

Stockpiles of expensive, products existed

Improved order tracking efficiency

Leveraged real-time pharmacy system to track transactions

Realized cost savings

Eliminated setup costs and production waste

Case Study 2: How a Radiopharmaceuticals Company Reduced Production Waste

Page 7: Time for Technology Investments to Deliver Results

Prolonged evaluation and compensation cycles

HR efficiency impaired

Introduced cloud-based SaaSrecruitment systems

Reduced compensation planning time

Used online platform to monitor trainings

Reduced HR manpower costs by 20%

Case Study 3: How a Saudi Petrochemicals Company Reduced HR Manpower Costs by Nearly 20%

Page 8: Time for Technology Investments to Deliver Results

Evaluating returns on older tech investments before approving new ones

Ensuring finance plays a role in assessing viability of future investments

Getting technology leaders to articulate a clear business case for new investments

How Smart Companies

are Planning Tech

Investments

Page 9: Time for Technology Investments to Deliver Results

Copyright © 2015 Tata Consultancy Services

Limited

Contact a Consultant

Read the Article

Time For Technology

Investments

to Deliver Results