Artificial Intelligence & Digital Transformation

Artificial intelligence (AI) and digital transformation is anticipated to reshape the business world and provide significant competitive advantages. In 2019, enterprise use of AI and digital transformation grew at 37%[1] (with a 270% increase in the past four years), and in 2021, AI and digital transformation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity.[2] Given these trends, incorporating AI and digital transformation into your business is essential.

For more than 25 years, Stout has applied our experience in strategic, operational, and financial issues to our clients' most pressing and important business decisions. With Stout's Artificial Intelligence and Digital Transformation services, we combine our human intellectual capital with AI and automated technology to deliver insights, analyses, and predictive models that have a measurable impact on profit.

Artificial Intelligence & Digital Transformation

 

Our Digital Services

Our practice delivers four main offerings:

Digital Strategy

Digital Strategy

Assess digital capabilities, IT platforms, data strategy and governance

Recommend concrete strategies to modernize and transform existing digital systems

Example: Provide build vs. buy analysis for digital/data platforms

Data Analytics

Data Analytics

Aggregate and transform data so that can be leveraged for insights and reporting

Migrate data to scalable platforms and provide ways to access them via APIs

Example: Extract and normalize data from different sources and provide insights by visualizing them

Prediction

Prediction

Build and train machine learning models to predict certain parameters

Determine the importance of all input data in predicting the target output

Example: Accurately predict inventory demand

Automation

Automation

Automate manual, repetitive, labor-heavy operational processes

Reduce completion time and increase efficiency

Example: Reduce completion time of invoice generation tasks


Examples of our Consulting Services include:

  • Build vs. buy analysis for digital/data platforms
  • Recommendations of data and API enterprise strategies
  • Assessment of data privacy and regulatory compliance
  • Data platform modernization and cloud migration
  • ERP data-focused optimization
  • Inventory demand forecasting
  • Cybersecurity vulnerability and risk assessment
  • Predictive maintenance
  • Supply chain optimization
  • Intelligent marketing
  • Customer service automation
  • Invoice processing automation
  • Insurance claims processing automation
  • Telehealth integration and implementation

Who We Serve

  • C-level executives
  • Data, analytics, and information technology leaders

Our Articles in the News:


  1. 2019 Gartner CIO Agenda Survey.
  2. “Leverage Augmented Intelligence to Win with AI,” Gartner Research, June 2019.

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