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Consulting With The Power Of Data

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Sujith Vasudevan, Managing EditorThe term `business continuity' has acquired multiple dimensions in the aftermath of the pandemic. With the prevailing hybrid work culture on one side and the dynamically growing technology landscape on the other, corporate organizations have their hands full. A little bit of help from the experts outside could go a long way in ensuring business continuity. On the other hand, the increasing cyberthreat landscape takes it a bit far, making it almost inevitable to amass all the help you can get. According to cybersecurity company Kaspersky, the Philippines ranks second among countries that saw the most cyberattacks worldwide last year amid the increased use of digital platforms due to the coronavirus pandemic.

Given the new climate, it's no wonder that the primarily client-driven consulting sector has had to adapt to new service methods, structure, technology, and operation. The once labor-intensive business consulting sector is now being digitalized. They provide extra support to organizations with the power of data regarding everything from sales to customers, operations, and supply chains.

On the other hand, organizations face the ridiculous pace of technology and the need to set their shop up in the digital world. Then again, subject matter expertise and knowledge are of paramount importance when it comes to the digital transformation of a business. Consultancies would add value by using AI and analytical tools and offering quantifiable results, combining domain knowledge with technology to provide products and solutions.

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