Capgemini ties up with MIT

BANGALORE: Capgemini Consulting, today announced that it has signed a three year joint research collaboration with the MIT Center for Digital Business to conduct joint research study into digital transformation.

In a three-year joint research collaboration with the MIT Center for Digital Business, Capgemini Consulting will conduct a joint research study into digital transformation through interviews with C-level executives from 30 of the world's leading companies in sectors such as financial services, life sciences, retail and government, said a press release.

The study will examine how companies around the world are managing and benefiting from digital transformation and the processes and best practices involved, providing Capgemini Consulting with detailed market insights to inform its experts and ultimately its clients.

Pierre-Yves Cros, CEO of Capgemini Consulting, said: "Digital Transformation goes well beyond technology. It is about the impact that digitization is having on the business, from strategy to people to operations. This is also about a new transformation agenda for companies: making customer experiences coherent within the multitude of channels now available.”

He added that its about making better and smarter decisions based on an ever-increasing flow of data, creating open enterprises with strong links to customers and suppliers, encouraging stronger collaboration across often geographically disparate units, as well as managing these new technologies within the existing infrastructure of the corporation.

"The new digital economy is increasingly shaping the way we do business and digital technology is going to drive even more change in the future," said Andy McAfee, Principal Research Scientist at MIT.

He added that together with Capgemini Consulting, by studying companies as they currently work, we plan to gain a perspective on the state of digital transformation, the process of transformation, and how they can position themselves to benefit in the future.