NewVantage Partners are strategic advisors in business innovation to Fortune 1000 business and technology executives and industry leaders.
At the Forefront of Innovation
Since 2001, NewVantage Partners has helped a blue-chip roster of Fortune 1000 companies and industry leaders leverage data and analytics to drive innovation and business transformation.
This commitment to innovation has been fostered through activities such as the incubation of new business processes, frameworks, and technology solutions, and through activities such as establishment of a “Big Data Fast Track Program”, which enables corporations to launch a Big Data environment within 60 days.
Business Innovation through Big Data
Big Data is here to stay. As data volumes and sources of data proliferate at ever increasing rates, leading companies will be forced to plan for a data-driven future. Data is pervasive. Rapid access to the latest data can accelerate innovation and disrupt traditional markets. Businesses are finding new ways to do business that serve their customers more effectively and responsively. Businesses can adapt or risk burying their heads in the sand.
Big Data is transforming businesses across industry sectors — from industrial systems to financial services, from media to health care delivery, from drug discovery to government services, from national security to professional sports. The opportunity to deploy data and analytics has accelerated the speed at which companies can enter new markets, with new solutions, and quickly challenge or displace traditional competitors and market leaders. Big Data brings speed, agility, experimentation, iteration, and the ability to fail fast, learn from experience, and execute smarter.
Business Innovation through Cognitive Solutions
NewVantage Partners is focused on emerging data-driven solutions and the ways which they can enable companies to transform critical business activities. These emerging solutions include cognitive solutions – Artificial Intelligence (AI), machine learning, deep learning – as well as solutions in Blockchain, digital transformation, and the Internet-of-Things (IOT).
Digital technologies – social, mobile, The Internet of Things (IOT), and machine learning – are becoming as pervasive as Big Data, and enabling organizations to implement digital platforms that provide omnichannel customer experience, and enable new business models and services. Digital dexterity allows organizations to adapt and transform fluidly in response to changing conditions and opportunities.
Operational Machine Learning
A growing number of large but innovative companies are driving measurable value through “operational machine learning”– embedding machine learning on Big Data into core business processes. Operational machine learning enables organizations to embed scalable machine self-learning into operational processes, without requiring ongoing human intervention. With the potential for processing thousands of concurrent requests per second, Big Data-driven benefits are driving business innovation.
Blockchain technology provides a new platform for data sharing and collaboration, with the potential of reducing transaction costs, minimizing complexity, and increasing verifiable trust between participants. Applications include global searchable databases for any transaction, smart contracts, and intellectual property rights, which are designed to create a better sharing economy. The concepts underlying Blockchain are currently the basis for use cases ranging from chain-of-custody through financial transaction processing.
NewVantage Partners at a Glance
NewVantage Partners helps clients leverage their data assets to realize business value:
- Gain business insights faster and with greater flexibility.
- Transform critical business processes to be more nimble and cost-effective.
- Ensure business value through successful business adoption and results.
- Help clients to accelerate adoption Big Data capabilities – from strategy, planning and design, through program implementation and execution.
- Focused on Financial Services, Pharmaceuticals and Healthcare verticals.
NewVantage Partners Focus Areas
- Business Strategy — current state | future state | ideation | roadmap
- Business Adoption — quick wins | organizational alignment | cultural change
- Business Value — speed-to-market | agility | monetization
- Business Execution — incubation | validation | acceleration
- Technology Innovation — Big Data | Digital Transformation | Machine Learning | Blockchain
NewVantage Innovation Capabilities
- Enabling business innovation through Big Data and Cognitive solutions and approaches
- Overcoming cultural impediments to innovation with Big Data and Cognitive approaches
- Ensuring successful business adoption of Big Data and Cognitive approaches
- Managing technology change to remove barriers to new technology approaches
- Managing business change through organizational alignment and governance
- Making the case for ongoing investment in emerging solutions and approaches