Industries
Manufacturing
Digital Transformation in Manufacturing
The manufacturing sector, encompassing a wide range of industries from automotive to food and beverages, has long been a driving force of economic and social development. However, to remain relevant in the market and have an edge over stiff competition in today’s digital era, manufacturing businesses must undergo significant operational changes, which is only feasible by integrating digital technologies in their production processes. According to McKinsey & Company, “digital transformation is the rewiring of an organization, with the goal of creating value by continuously deploying tech at scale”. In essence, digital transformation (DX) is a strategy that involves the integration of digital technologies, such as artificial intelligence (AI), machine learning (ML), robotics, the Internet of Things (IoT), and augmented reality (AR), into all aspects of a business. The goal of DX is to completely change how a company operates, improving its operational efficiency, supporting employees, and driving value to customers.
Banking
The Future of Banking
Banking has transformed and moved beyond banks. As banking services become embedded in other sectors, firms are pushing their traditional boundaries to build cross-industry ecosystems and create value at every stage of the customer journey. This boundaryless model, supported by the right intelligence, helps create innovative offerings and experiences. And a humane approach to banking—based on inclusivity and sustainability—drives holistic growth.
Insurance
Digital Transformation in Insurance
Insurers traditionally provide monetary protection against damages to life and property. In the last decade, however, they’ve expanded their strategies to include prevention and preservation. Prevention informs the insured of potential dangers while preservation ensures continuity and perpetuity. Covering this full spectrum—from protection to preservation—requires a flexible business model and a digital-first strategy.
Insurers are embracing technology solutions built on Cloud, Data & Analytics, Automation, and advanced technologies to achieve their business objectives. These InsurTech solutions help businesses address challenges and achieve their goals, including market reach, fairer claims, risks, customer experience, and growth.
Energy & Utility
Digital Innovation in Utilities
The utilities industry is changing dramatically as the world embraces planet-friendly fuels and the trend toward electrification moves utilities from value-chain players to the backbone of the energy transition. Consumers and businesses alike are actively choosing low-carbon homes and offices, and they expect greater empowerment and a more sophisticated experience from their energy suppliers.
Gradual decentralization of the energy market is allowing new entities to play an increasingly critical role by offering new services and creating new markets, diverting customer attention away from utilities. With a plethora of point solutions from energy tech companies, utilities are facing a new challenge: delivering a cohesive business value to their customers.
Utilities are struggling to balance their fundamental obligations to provide ‘lights-on’ reliability against the increasing demand to transform into a new-age energy service provider.
SDNTECH is enabling utilities to leverage digital and data capabilities to reinvent themselves, streamline and accelerate business performance, and deliver a superior customer experience.
