CIMdata Commentary: Solutions to Leverage Digital Technologies for Product Realization
This CIMdata commentary explains how TCS’ Digital Forces framework adds artificial intelligence (AI) and robotics to social, mobile, analytics, and cloud (SMAC) and applies them across the product lifecycle to facilitate product realization.
While many companies today focus on social, mobile, analytics, and cloud (SMAC), CIMdata sees great value in TCS’ addition of robotics and AI, which have many applications, including autonomous operation of equipment and products, and automated data analysis.
Excerpts from the commentary:
TCS’ focus on and experience with the five digital forces, has helped them to deliver the improvements companies seek. CIMdata sees social product development and analytics as key competencies that companies must implement to be competitive and take their product realization processes into the future. TCS’ state-of-the-art digital forces frameworks and methodologies provide client insights and efficiencies, and help them gain effective competitive advantages.
- New digital technologies and processes are revolutionizing the way products and services are developed, and are also impacting workplaces, workforces, business channels, business models, and customers
- Social product development is beginning to show significant success in ideation, problem solving, and knowledge management, enabling companies to collaborate with suppliers, consumers, customers, and other interested parties to capture input for new products as well as for enhancements to existing products
- Using advanced analytics, Big Data technology and processes can transform data into actionable insights, which can help improve products and business processes, yielding improved business performance and customer satisfaction
- TCS’ Digital Forces framework adds artificial intelligence (AI) and robotics to social, mobile, analytics, and cloud and applies them across the product lifecycle to facilitate product realization