The pandemic has prompted many companies to accelerate in modernizing their business operations so that they can adapt to the new era of normalcy.
Many companies have great opportunities to transform their businesses digitally using Artificial Intelligence (AI) and hybrid cloud technology to gain a global competitive advantage.
Companies can do this by collaborating with their business and technology partners who bring the latest technology from leading vendors.
“AI has shifted from hype-to-hope or in other words, something that was originally just hype to a relevant expectation in the marketplace, where various companies are now leveraging AI to increase productivity, cut costs, and accelerate the pace of digital transformation. However, a company's operations can become 'stalled' when it needs the right skills and talents but lacks talent with global skills, "explained IBM APAC General Manager Paul Burton, in a statement we received on Tuesday (21/6/2022).
We already have a national AI strategy that is the benchmark for the application of AI in the country. The goal is for governments to increase the use of state-of-the-art technology, especially AI, which aims to increase efficiency and effectiveness to support strategic sectors such as agriculture, energy efficiency, cybersecurity, and the creative industries.
"This is a time when the IBM Partner Ecosystem can provide resources and expertise to help business and technology partners reach markets faster and grow their businesses by creating shared value for clients," added Burton.
One example is Bank BPD Bali, which is managed by the Provincial Government of Bali and the District Government in Bali. The bank has implemented IBM VisionAnalytics, a Banking Data Model solution that provides analytics templates, dashboards, and reports specifically for banking.
This solution is built using IBM Cognos Analytics, making it easier to implement Data Warehouse and Business Intelligence.
VisionAnalytics for Banking was developed specifically to help bank managers analyze performance efficiently and effectively. Through this solution, with the help of data templates and dashboards provided by VisionAnalytics and ready to use, especially for the type of reports that are widely used by most banks in the world can be faster and avoid the work that starts from scratch.
By implementing VisionAnalytics and utilizing AI features from IBM Cognos, Bank BPD Bali can manage its data and gain insight into its operational processes. With a standard dashboard that displays accurate reports, business users and management can access important information quickly and at any time.
The IBM Partner Ecosystem can help clients in two ways. First, by providing an open cloud hybrid platform that utilizes Red Hat OpenShift and IBM Cloud Paks. Red Hat gives IBM the foundation for building a hybrid cloud platform based on open-source systems, which can help clients modernize and transform their businesses. Second, by building a hybrid cloud architecture and AI footprint for clients.
The hybrid cloud approach empowers companies to drastically reduce costs and integrate new solutions such as smart chatbots and virtual agents. According to Burton, companies can easily reuse resources and generate new customer experiences and revenue streams.
"Clients realize that choosing a hybrid cloud approach can provide 2.5 times more effective benefits than just relying on the public cloud alone with benefits that include accelerated business value, developer productivity, infrastructure cost efficiency, and reduced regulatory, compliance, and security costs," he said. continued Burton.
As companies increasingly shift to application modernization, process automation, and incorporating AI into business operations, choosing the right partners will be key to a company's future success. IT services partners are expected to become increasingly important to business digital transformation efforts despite the absence of the impetus of the current pandemic situation.