The consultancy was recognized as a Leading Offering for Early Adopters Pursuing Digital Transformation
BearingPoint today announced it was named to the Constellation ShortList™ for Smart Services Digital Monetization Platforms. With 52 percent of the Fortune 500 turning over since 2000, success requires a rethink regarding the core mission and business model of an organization. The companies included on the Constellation ShortList provide the key functionality and requirements for early adopters pursuing digital transformation initiatives.
In the current environment, many enterprises struggle to grow. A select few, however, achieve extraordinary growth. They do this by leveraging a platform as the business model of choice for the digital economy, used by the world’s five most valued companies, 16 of the top 32 global brands and 75 percent of fast-growing Unicorns. BearingPoint calls this model ‘Digital Ecosystem Management’ (DEM) and helps its clients adopt and adapt DEM strategies and technologies to their business to create a new way to grow.
BearingPoint combines consulting with its portfolio of award winning Infonova software. Infonova uniquely provides a platform overlay to abstract clients’ legacy IT landscape and to allow a fully automated, self-serve, and frictionless operating model to secure ultra-low transaction costs. Infonova delivers end-to-end digital sales, fulfilment, and monetization. With its multi-tenancy, white labelling, partnering and orchestration as a platform it can be opened-up to a vibrant partner ecosystem to create a market place for co-innovation in new Smart Services and to generate network effect. Finally, Infonova facilitates a more agile digital execution model using lean start-up principles.
“We are delighted to be on the Constellation ShortList. Our clients experience significant growth as a result of BearingPoint’s DEM solutions, powered by Infonova. DEM is a unique offering for the digital economy helping companies grow revenue whilst unlocking tremendous efficiency to increase profits as well,” comments Angus Ward, Partner at BearingPoint.
“Form must follow function in digital transformation. Once you craft the right digital business models, you’ll need the right digital technologies for success,” said R “Ray” Wang, chairman and founder at Constellation Research. “As organizations implement digital programs to disrupt an industry, employment of the right tools will determine whether or not the program is successful; each Constellation ShortList guides companies to the right technologies for their transformation initiatives.”
Constellation advises early adopters using disruptive technologies to achieve business model transformation. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined by Constellation Research through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research.
Constellation Research is an award-winning, Silicon Valley-based strategic advisory and futurist research firm. Constellation’s analysts serve as innovation advisors for leaders and Global 2000 organizations navigating the challenges of business-model disruption and transformation. Unlike legacy analyst firms, Constellation works closely with solution providers, partners, and its Constellation Executive Network of innovative buy-side leaders, C-suite executives and board of directors to lead the way in disrupting technology and research coverage areas. The goal – deliver to clients what they need to achieve valuable business results.
BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three units: Consulting, Solutions and Ventures. Consulting covers the advisory business; Solutions provides the tools for successful digital transformation, regulatory technology and advanced analytics; Ventures drives the financing and development of start-ups. BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success.