Communications
Convergence means value and it is driving today’s communications market. Convergence drives shareholder and subscriber value through the successful combination of independent products. Today’s customers demand personalization, identity, productivity improvement and content relevance. At the same time, they want simplicity, reliability, security and value. Convergence helps communication companies deliver greater value for the customer and create new revenue streams.Where is convergence coming from? Three underlying elements make converged services possible:
- Digitization
- Networks
- Technology platforms
Content digitization, network distribution and technology platforms create incremental value when converged. Common digital formats provide a gateway to public and personal content. When combined with global IP networks, providing ubiquitous access able to be displayed on standard user devices, you create a powerful proposition for the subscriber. While this scenario sounds straightforward in theory, in reality identifying the most attractive market opportunities in which to invest, is difficult. Market segmentation is a constant while operational support systems are in a state of flux. Remember, if you build it, they may not come.
A converged environment creates a communications industry characterized by a host of complex managerial and operational questions: Where can higher-margin opportunities be found? Which assets are relevant to your new converged offerings? How do you leverage your existing network? Where are your organizational deficiencies? Are IT systems positioned to interface to your new convergence partners?
At Information Network Corporation, we work with clients to create products and services that drive subscriber value, and create support systems that consistently deliver outstanding customer experience. We provide assistance with new product development, fixed mobile convergence, content management, Video Delivery, VoIP, and much more.
Financial
Established banks face growing competition from Internet-only banks, retailers and other nontraditional players. Insurance companies are undertaking the overhaul of core operational systems for policy administration, claims processing and commissions. Capital markets firms are operating amidst massive dis-intermediation of services and the simultaneous commoditization and specialization of investment products. How will financial services firms transform their organizations and operations in the coming years to address these trends and challenges?At Information Network Corporation, we see the emergence of seven key themes across the financial services landscape:
- Enterprise risk and compliance — Institutions must prioritize and integrate compliance and risk initiatives to lower the compliance burden and increase enterprise value.
- Data management — Dramatic growth has created more complex global financial institutions, many of which are supported by fragmented organizations, processes, technologies and applications. Facing increased regulation requirements and greater customer demands, institutions need to exert tighter control over data accuracy.
- Business process management — Customers routinely go online to manage their finances, while institutions increasingly rely on technology to strengthen customer relationships, and run their businesses more efficiently. Organizations must institutionalize and automate business processes using key technologies such as workflow, portals and imaging.
- Service-oriented architecture (SOA) — Firms are investigating SOA to standardize their technology portfolios, increase agility and integrate application functionality across different technologies.
- Information convergence —Institutions can attain cost benefits by integrating risk, finance, customer and compliance information. We believe technology initiatives will be focused on improving rigid data warehouse architectures with new search tools, and that SOA will play a key role.
- Customer analytics/business intelligence — Business intelligence and analytics solutions help improve capital allocation by consolidating, analyzing and reporting on risk information. These solutions also provide metrics and performance indicators to better monitor how the institution is performing
- Security — The ever-increasing reach of information technology requires the effective protection and management of digital information to preserve its integrity and comply with privacy regulations.
Information Network Corporation professionals are eager to help your organization take on any of these challenges.
Healthcare
From providers to payers, to public health and social services organizations, healthcare organizations are being challenged with reducing expenses and enhancing services, while improving the quality of patient care and collaborating with a broader group of stakeholders. Healthcare organizations are under pressure to increase access to and share information across disparate sources, while still meeting strict security and data privacy standards. Information Network Corporation’s professionals have the experience to help healthcare organizations meet their missions.As a unified group with experience and capabilities across the full continuum of healthcare, Information Network Corporation’s practitioners bring a “wide angle lens” to addressing complex healthcare issues. We are experienced in addressing the inter-relationships between various healthcare organizations—from providers and payers to public health and social services organizations and the research community.
Our goal is to help healthcare organizations:
- Improve operational efficiency and throughput
- Increase visibility into their information to support decision making
- Support healthcare interoperability through networking, systems integration and digitization of medical information
- Enhance communications, education and information exchange with patients and consumers
- Collaborate with domestic and international stakeholders across the healthcare spectrum
Information Network Corporation’s consultants have the experience at both the executive and operational levels to help your healthcare organization address its most pressing challenges.
Let’s work together to achieve your healthcare mission.
Power
Globalization and the need for a secure, affordable energy supply go hand-in-hand. Economic development is dependent on sufficient sources of energy – oil, gas, electricity, coal, and others. The availability and security of these resources are on the minds of many, from consumers, to political leaders to company executives.Information Network Corporation has been providing professional services to energy, utilities, and mining companies for more than 15 years. We help companies confront the industry's most challenging changes and issues, including:
- Addressing sustainability
- Complying with regulatory & Reporting requirements
- Improving performance & Operational effectiveness
- Managing industry Regulatory change
- Industry transactions & Consolidation
- Managing financial risk
- Managing geopolitical risk
- Recruiting & Retaining a skilled workforce
- Securing the supply
- Oil and gas
In such changing market conditions, oil and gas companies must also contend with changing regulatory requirements involving environmental, governance and reporting issues. The competitive environment is also changing, with national oil companies seeking greater participation in the global marketplace. M&A activities will likely increase as companies with large cash balances look for access to supply, or expansion into new markets.