Risk rating is a complex scoring system, which relies upon previous experiences and foresight to anticipate risks that might impact the smooth functioning of business. When risks are well managed, a business can maximize opportunities and control the impact of disruptive events. Alternatively, if a risk is underestimated—or not anticipated at all—a business can suffer […]
Interest in digital twin technology is surging as use cases demonstrate its problem-solving value across diverse applications including operations, manufacturing, supply chains, utilities and enterprise management. A digital twin is commonly defined as a software representation of a physical asset, system or process designed to detect, prevent, predict and optimize the system being studied through real […]
Taking a computer-aided engineering (CAE) approach to business transformation can help businesses manage program risks, maximize value, decrease costs and accelerate innovation.
X-Act libraries are a critical asset that shortens the time to value of an X-Act deployment from months to weeks and allow businesses to benchmark their systems against best in class implementations, gain a forward-looking view of the health of interconnected systems and know when a system transformation or disruption is needed. Any decisions can be justified with accurate knowledge of the benefits, costs and constraints of any proposed change.
To board members and business divisions, cloud-based services present an ideal solution for the delivery of adaptable technology services, which include services, applications, software licenses and infrastructure. Analogous to how electricity is delivered today, cloud-based services allow businesses to provide technology services as a utility, where supply mirrors business demands and changing volumes.