Capgemini’s TechnoVision narrows the technology–business transformation gap

• Award Recipient

  Capgemini – TechnoVision

• Accolade

  

  Finalist

• Category

  

  Innovation Ecosystem

• What put this entry on the shortlist

  Technology trends are often futuristic, and the challenge is to create business value through their implementation as the technology’s maturity and adoption allow. Capgemini’s ability to leverage its technology and consulting prowess to bring real-life client impact emerges as the real differentiator.

The Situation: Technology advancements have a critical role in driving business transformation. But enterprise leaders face transformation fatigue as shiny new tools and technologies become the flavor of the season. With technology complexity and overlap increasing across use cases, collaborative efforts are necessary for technology innovation, enabling the path for an ecosystem-based approach.

Capgemini conceptualized TechnoVision, which includes key cognitive technology themes, as a technology guide for business leaders, C-level executives, and technology practitioners to formulate enterprise strategies and transformation plans. TechnoVision represents a collaborative ecosystem of technology experts who closely monitor the technology advancements and evaluate the impact of technologies on the overall enterprise transformation.

HFS selected Capgemini as a finalist for the HFS OneOffice Innovation Ecosystem award because of its ability to connect the route map around emerging technology trends and innovations to enterprise transformation prospect.

Enterprises are overwhelmed with the possibilities of technology innovations

The rapid progress of technology innovations creates a plethora of new use cases. The challenge for enterprises is to identify the right use cases and create a roadmap for tasks involving financial and time commitment, such as identifying the technologies involved, sourcing talent (internal reskilling and training vs. external hiring) and delivering the project (internal tech team and center of excellence vs. outsourcing vs. technology partnership). The challenge is to scale those technology innovations after a successful proof of concept or pilot phase. Enterprises need guidance for bringing technology best practices and the near-term and long-term feasibility of use cases.

The solution: TechnoVision offers a unique value proposition covering thought leadership and active business transformation for enterprises

TechnoVision is an annual technology guide for business leaders, CIOs, and tech practitioners, educating them on influential emerging technology trends and innovations. Capgemini’s network of expert colleagues, industry partners, and clients identify the overall themes and trends. Capgemini leverages its global technology architect network and the Technology Innovation and Ventures (TIV) CTIO Network, among others.

Capgemini introduces TechnoVision to clients during transformation workshops, design thinking, and new idea generation to summarize technology business trends; it translates theoretical trends into actions. Capgemini also leverages its intellectual property, solutions, and accelerator portfolio for successful proofs of concept and pilots before full-scale implementation. Exhibit 1 highlights TechnoVision’s key pillars. Capgemini is also releasing sector playbooks for depicting the industry-specific impact of technology trends.

Exhibit 1:TechnoVision facilitates a structured innovation process for enterprises with targeted business outcomes

Source: HFS Research, 2022

The Results: Capgemini provided several transformation engagements enabled by the TechnoVision framework

Capgemini used TechnoVision in several key client engagements:

• Capgemini used the TechnoVision framework to analyze a large global financial market infrastructure service provider across seven main containers and 37 building blocks. For each building block, Capgemini assessed current maturity, short-term relevance, and possible next steps. Finally, Capgemini generated a roadmap based on the action items necessary to take the client to the target state.
• Capgemini deployed TechnoVision for a global top five property and casualty insurer to ensure transformation across the technology value-chain, encompassing systems, infrastructure, and the workforce. Furthermore, it focused on the “Thriving on Data” container for strategic data management.
• Capgemini leveraged TechnoVision to focus on IT simplification for an international bank with a presence across the Asia-Pacific region. The seven TechnoVision framework containers enabled a simplified technology landscape that integrated with the bank’s existing infrastructure and improved the minimum lead time.

The Bottom Line: Capgemini’s TechnoVision allows enterprises to experience emerging technology trends to drive real-world impact

Technology trends are often futuristic, and the challenge is to create business value through their implementation as the technology’s maturity and adoption allow. Capgemini’s ability to leverage its technology and consulting prowess to bring real-life client impact emerges as the real differentiator.