Intelligent Automation News #6

Intelligent Automation News #6

Thanks to everyone who is reading and is a subscriber to this newsletter. Not a subscriber yet, help us get to 500 by subscribing at the top right of this post – just click on those 3 dots and you’ll receive bi-weekly (and sometimes more frequent) insights from us here at Doculabs, Celonis, and news and insights from all corners of the Internet.??

For Guidewire customers, I have essential reading for you below. I’m also pleased to share HFS’ thoughts and perspective on the Doculabs/Celonis relationship. Also the latest Cost of a Data Breach information, skills you need to succeed at digital transformation (and stats that show many of those digital transformation efforts may be headed for failure), and why now is the time to invest in process intelligence.?

Thanks for reading.?

-Marty?

  • Doculabs Has Cracked Guidewire’s Data Code?
  • Most Companies Don’t Have a Clue About Digital Transformation?
  • Digital Transformation: Top 5 Skills You Need to Succeed?
  • It’s the Perfect Time to Invest in Process Intelligence?
  • IBM Report: Consumers Pay the Price as Data Breach Costs Reach All-Time High?
  • Why Optimizing Truck Pickup Delivery Processes Are so Important?
  • Webinar Replay: Are Your Processes Keeping You From Filling Your Trucks On Time??
  • Doculabs and Celonis Connect People and Technology to Drive Business Value?
  • Events
  • Just for Fun

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Doculabs Has Cracked Guidewire’s Data Code?

For years, we’ve spoken to clients and potential clients in? insurance about the difficulty, if not impossibility, of extracting value from the data held in Guidewire to improve decision-making and processes.??

It’s been a source of frustration and has prevented insurance companies who use Guidewire from maximizing their investment.??

We’ve figured out how. This isn’t hyperbole or a false claim.??

You can listen to James Watson, Doculabs President, briefly explain in this video .

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After you watch the video, this short post explains how we did it with process mining from our partner, Celonis. Ready to unleash the power of your Guidewire data? Learn how and read We Cracked the Code With Guidewire – Now You Can Extract FULL Value From Your Investment.

See how we cracked the code.

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Most Companies Don’t Have a Clue About Digital Transformation?

Over the years, it’s become a simple fact that many IT implementations (of all kinds) fail. They often don’t fail because of the technology, but because of lack of strategy and planning. To be blunt, they fail because of a lack of leadership. Statistics like this don’t bode well for the success of today’s digital transformation efforts:?

“Well, this survey of 1,475 senior business leaders -- who, remarkably, still have jobs at companies with more than 500 employees all over the world -- offers quite a few clues.?

Here was my favorite: 70% could not identify exactly who is responsible for managing the adoption of new technologies in their organization.”?

Discover even more cluelessness here.

Digital Transformation: Top 5 Skills You Need to Succeed?

The final skill mentioned is leadership, “It has been noted multiple times that the largest barrier to digital transformation is company culture. Company culture can heavily impact employees' perception of change, and an unresponsive culture can result in the expenditure of millions of dollars to achieve a transformation that will be circumvented.”?

Though, as the previous article mentioned, leadership is often sorely lacking as many executives don’t seem to know what they’re doing when it comes to digital transformation. Master these skills, and you’ll set yourself up well for a leadership position.?

Read on for the other 4 skills.

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It’s the Perfect Time to Invest in Process Intelligence?

From the article: The Bottom Line: Not investing in process intelligence might simply be reckless as the uncertain economic environment combined with inefficient processes and trapped value could be the perfect storm for a crisis.?

Read more about why it’s a perfect time to invest.?

IBM Report: Consumers Pay the Price as Data Breach Costs Reach All-Time High?

IBM recently released the results of its annual Cost of a Data Breach report, conducted and written by Ponemon Research. The cost of data breaches continues to rise, reaching an all-time high of $4.35 million for the organizations studied. Not a big deal, you might think, until you see the finding that 83% of the studied organizations “have experienced more than one data breach in their lifetime.” One other stat jumped out:?

  • Security Immaturity in Clouds – Forty-three percent of studied organizations are in the early stages or have not started applying security practices across their cloud environments, observing over $660,000 on average in higher breach costs than studied organizations with mature security across their cloud environments.?

Cloud security is a serious issue that every company should take seriously. Just because it’s “in the cloud” doesn’t mean you don’t need to have a strategic plan.??

Learn about and download the report .?

Why Optimizing Truck Pickup Delivery Processes Are so Important?

Idle and late shipments, manual processes and half-filled trucks are all things keeping C-level executives up at night over cost and increasing emissions. Here's why shipment execution and optimizing last-mile delivery is moving to the forefront.?

Read more from Celonis on key metrics to look for here.

Webinar Replay: Are Your Processes Keeping You From Filling Your Trucks On Time??

Our Rick Hassman shared insights from one of our successful customers, USG, about how USG builds customization into their Order Management program, automates order capabilities and delights customers by leveraging process mining capabilities without breaking the truck.?

Discover how USG keeps from "breaking the truck." ?

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Doculabs and Celonis Connect People and Technology to Drive Business Value?

We’re extremely proud of the work we’ve done in conjunction with Celonis. It’s even better? when others also see the value. HFS Research recently spoke with me and Celonis’ Christoph Kisker about our joint efforts, “The Celonis and Doculabs partnership recently entered its second year with ambitious goals. They told us their plan to enable clients to deliver more than just automation and RPA. Together, they’re focusing on client end-value and making a lasting impact beyond simple qualitative measures.”?

See what else HFS Research had to say about our goals .

EVENTS?

Customer-Centered Information Management – AIIM Virtual Summit

September 13-14, 2022

11 a.m. – 3 p.m. Eastern Time

Designed around your work schedule, the 2022 AIIM virtual summit offers two half-days packed with expert-led sessions to take you beyond the mechanics of information management and into a new dimension of leadership.?

Recent AIIM research among hundreds of information management professionals revealed some important data points when it comes to the alignment of information management strategies with business strategies

More information and to register, click here .

?Iowa Lean Consortium 2022 Annual Conference - We're Speaking!

October 24-25, 2022

This hybrid annual event is the largest in Iowa for continuous improvement professionals. Doculabs' Rick Hassman, Practice Lead for MFP/CPG/Retail, is speaking. His session is "Elevating the Power of Industry 4.0 With Process Mining."

After attending this session you will:?

  • Understand how to efficiently drive process optimization by leveraging your own data to create a digital replication of your process.
  • Understand how to systematically identify variances and data issues within your process and the root cause of the issues.
  • Understand how to create actions to fix issues as they occur and ensure they don’t disrupt the process in the future.

More information and register, click here .

JUST FOR FUN

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And, if you'd like to watch Johnny Cash sing it at San Quentin: https://www.youtube.com/watch?v=wG0fS4DoGUc

Image Credits

What Now: Photo by Tim Mossholder on Unsplash

Piggy bank: Photo by Braňo on Unsplash

Connections: Photo by Alyna Grubnyak

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