{"id":7480,"date":"2021-04-30T08:44:27","date_gmt":"2021-04-30T08:44:27","guid":{"rendered":"https:\/\/www.allgeier.com\/en\/?page_id=7480"},"modified":"2025-02-06T13:47:01","modified_gmt":"2025-02-06T13:47:01","slug":"auf-dem-weg-zum-intelligent-enterprise","status":"publish","type":"page","link":"https:\/\/www.allgeier.com\/en\/blog\/auf-dem-weg-zum-intelligent-enterprise\/","title":{"rendered":"Building the Intelligent Enterprise: Key Strategies, Tools and Success Factors"},"content":{"rendered":"
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Big Data, Internet of Things (IoT), Reality Technologies, Artificial Intelligence \u2013 companies have an increasing array of digital means to help them organize internal processes, business models and strategies in a smarter way. With the initiatives that are being taken, investments in digital technologies of the future are growing rapidly.<\/p>\n

According to a study conducted by the International Data Corporation (IDC), around 1.25 trillion US dollars in 2019 alone will be invested worldwide in products and services facilitating digital change. For the period between 2017 and 2022, the IT market research institute predicts an\u00a0average annual growth rate of 16.7 percent.<\/p>\n

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Companies around the world increase the IT investments in order to evolve into the Intelligent Enterprise. (Source:\u00a0<\/em><\/strong>IDC<\/em><\/strong>)<\/em><\/strong><\/p>\n

This trend is aided by the need to keep pace with competition. In many industries, digital technologies are no longer sufficient to help you stand out from the competition. Digital technologies are in fact absolutely essential for survival of companies. The decisive question is not whether you\u2019re investing in digital technologies \u2013 that\u2019s a given. The crucial issue is how your company will fully reap the benefits of your investments in digitalization and develop a vision of the Intelligent Enterprise.<\/p>\n

Data Is the Key to the Intelligent Enterprise<\/h2>\n

For many companies today, a majority of the IT budget is spent on ensuring the ongoing operation of existing digital infrastructure. In addition, numerous internal policies and regulations often hinder technology innovation while at the same time the management team is unable to prioritize investment in future technologies. In this process, an important asset of digitalization remains largely untapped: data.<\/p>\n

Although the importance of big data has been recognized for years, many companies have a\u00a0large backlog of data management, analytics and data-based applications. This is certainly due in part to the fact that for a long time there was a lot of hyped information and sometimes empty promises in connection with big data, and these were not aligned to business goals. Today, many decision-makers continue to struggle on\u00a0how a data-driven and connected Intelligent Enterprise can completely transform business processes and customer relationships in the future.<\/p>\n

How Data Will Change Our Work in the Future<\/h2>\n

Our everyday lives are driven by data. We use smartphone applications containing intelligent algorithms to receive real-time traffic information along with predictions about the quickest routes. The restaurant app on our smartphone provides access to customer ratings and recommendations. \u00a0\u00a0When shopping at our favorite online shop we benefit from the recommendations of the analytics engine and when we proceed to the checkout, we pay digitally and naturally expect that all systems that we use will work together in a seamless and user friendly manner.<\/p>\n

The Intelligent Enterprise must be based on these experiences from our digital life. The intelligent handling of big data must be implemented in the company in such a way that our work productivity can be raised through the use of smart systems, where intelligent machines relieve us of tedious business processes and provide us with valuable information. This creates opportunity for following types of tasks:<\/p>\n