The business consulting industry has been developing steadily until 2020: the global market was estimated at $ 160 billion by the end of 2019. But the Covid-19 pandemic has made a critical change in technology: the market fell by 21% (based on the results for 2020). The key reason for the industry regression is the absence of constant digitalization of processes and the lack of big data and automated analysis algorithms.
According to Harvard Business Review, the next few years will be crucial for the consultancy industry: artificial intelligence based on machine learning will almost replace business experts. The only way to modernize operations and even increase market share is to transform processes into a single intelligent company model.
Using a comprehensive approach to optimization and automation, Teiva Systems specialists will help your business successfully digitize to meet the growing needs of both the company and customers.
Insights and concepts: a unique combination of your company’s business practices in synergy with digital processes to achieve business goals more effectively. By combining the vision of business strategy and specialized software products, the business can introduce innovations more flexibly.
Digital solutions: developing complex digital models of automating routine work connected with processing documents and data. With intelligent operation management, businesses can free up time and workforce to complete more significant tasks.
Change/build: implementation of the Fail Fast methodology at every stage of business development by deploying a scalable IT infrastructure and involving talents in the company. By structuring and typing work, as well as creating a strong technical foundation, the business can launch new products to the market faster and reach a larger number of customers.
Vendor selection: construction of an automated information processing algorithm and search for the most profitable offers for business. By managing supplier information, lifecycle management, and performance, the business significantly reduces the risk of mistakes and losses.
Digital engineering center: centralization of all data and operations to improve the efficiency of management activities. Thanks to a single digital center, consulting gets access to innovative solutions in cybersecurity, information analysis, and forecasting.
Relying on the project experience of cooperation with consulting companies, industry specialists of Teiva Systems will ensure the growth and development of the business in a single vector. Deployment of specialized IT systems from leading vendors SAP, ServiceNow, and Odoo will allow both to create a digital platform for your business from scratch and introduce missing functions to strengthen the priority areas of the company.
So, a systematic approach to the transformation of consulting by accelerated digitalization helps the business get more opportunities to enter the market with new products, expand points of contact with customers, and engage new resources for a better product and service.
Ask the questions that are really important to your business today, and we will find ways for optimization that meet your company’s requirements and constraints. Our manager will help you make the right decision!