EY Cyprus
17:58 - 02 Μαΐου 2022
EY Transformation Realized: realizing business transformation through the power of people, technology and innovation.
We are now in a period of reinvention. A time to realize transformation and achieve beyond what we allowed ourselves to think possible before. The pandemic, the economic and political crises, the new sustainability and energy imperatives and the changing business models determine that, to strategically transform, leaders must deliver tech at speed, innovate at scale and put humans at the center.
The organizations that will thrive are the ones that generate value by being market makers, future-relevant, disruption-ready and especially the ones able to monetize new growth. Technology is of course at the center of any transformation. The companies that will lead the pack in digital transformation, will be the ones that will focus on creating sustainable habits, to create long-term value for their customers:
• Relentless focus on the customer: Giving visibility to the organization, product quality and delivery builds trust to meet customer expectations. Technology leaders must partner even more with the business to power new customer-centric strategies and experiences.
• Increasing flexibility by nurturing ecosystems and partnerships: Cultivating partnerships across a digital ecosystem is fundamental to success. Seek out new partnerships and curate ecosystems of value to move at speed, create new products and services and deliver on customer expectations.
• Modernizing IT for efficiency, resilience and agility: There is so much potential for new technology, but shrinking funds to pay for it. Modernizing and automating IT, addressing technology debt and re-imagining the operating model are critical for a company to position itself within the new landscape.
• Utilizing analytics and accelerating AI to drive growth: Trusted data and AI are a fast track to gaining value and monetizing insights. The key is to focus on where problems and opportunities lie such as product personalization, supply chain operations and pricing.
• Nurturing talent with new incentives and strategies: Leaders must develop talent interventions strategies to address skills gaps. Recruit scarce skillsets or bring them in from the ecosystem and future-proof existing teams by upskilling them with digital and agile capabilities.
• Managing risk and maintaining trust amongst stakeholders: Deploying new / cloud technologies raises new concerns of business interruption and valuable data protection. Maintain resiliency and visibility with your stakeholders by adopting a risk-optimization mindset across the technology portfolio.
Technology Consulting at EY delivers long-term value to our clients, our society and our teams by applying our approach to change – Transformation Realized – that harnesses the core drivers of transformation as the guiding principles:
• Humans@center: Radical customer-centricity and deeper employee engagement
• Technology@speed: Leveraging new tools while also deploying technology much faster to keep pace with expectations
• Innovation@scale: Challenging typical boundaries, and being fast to ideate, pilot and implement radical changes to the existing business model
Our service portfolio, structured to specifically address the above drivers, includes but is not limited to, the following key service offerings:
Technology transformation – enabling capabilities and direct offerings for the technology leaders:
• Technology strategy
• IT Operating Model Design and IT Function Transformation
• Enterprise and Technology Architecture
• Infrastructure and Service Resiliency/Cloud Strategy
Technology solution delivery - systems implementation and integration capabilities enabling broader transformation:
• Package capabilities: SAP, MS, IBM and other industry-specific platforms
• Requirements definition, configuration, customization, testing, QA
• Governance risk and compliance technology controls, application design and implementation
Data and analytics - addressing our clients’ data, information management and analytics needs:
• Data Governance and Management
• Business Intelligence and Reporting
• Advanced Analytics/AI
• Intelligent Automation
Digital and emerging technology – digital delivery capabilities and emerging technology adoption:
• Cloud engineering, DevOps and Agile implementation
• Digital operating model design, implementation support across technology platforms
• Evolving emerging technology skills, including AI, Blockchain, IoT, and 5G
Cybersecurity - enabling trust in systems design and data, to support transformation with confidence:
• Next Generation Cybersecurity Ops and Response
• Identify and Access Management, Data Protection and Privacy
• Architecture and Engineering to reduce cyber risk within appetite
EY provides a real Integrated and Global Scale service to our clients. Our core client value advantage is derived from:
• Approximately 40K technologists that apply a business-first approach to solving client complex challenges
• Unique ecosystem relationships of EY alliances and our broader ecosystem, helping each client to rapidly transform
• Innovation through immersive experiences capability environments (EY wavespace™) to create transformative outcomes
• Focus on diversity and societal value to successfully harness data and technology’s potential to transform society and empower employees.
• The recognition of providing real value, from clients, leading industry analysts and alliance partners.
EY is positioned as a ‘Leader’ across key technology and data domains and is the winner of numerous awards. Some of the most recent ones include:
• IDC: A Leader in Worldwide Digital Strategy Consulting Services (June 2021)
• Forrester: A Leader in Innovation Consulting Services (June 2021)
• IDC: A Leader in Worldwide Cloud Professional Services (April 2020)
• Forrester: A Leader in European Cyber Consulting Services (July 2021)
• Gartner: A Leader in Data and Analytics Service Providers (February 2021)
• Gartner: A Market Share Leader (#2) in Cyber Security Services, Worldwide (June 2021)
• IDC: A Leader in Worldwide Artificial Intelligence Services (May 2021)
• Microsoft: Global Advisory Partner of the Year. Second year in a row (2021)
• Microsoft Global Power Apps and Power Automate Partner of the Year (2021)
• Gartner: A Leader in SAP S/4HANA Application Services, Worldwide (June 2021)
• HFS Research: A Leader (#4) in Top 10 ServiceNow Providers (May 2021)
• IDC: A Leader in Worldwide Microsoft Implementation Services (May 2021)
• Gartner: A Market Share Leader (#3) in IT Services, Worldwide (April 2021)
• SAS: Global Partner of the Year – Commitment to collaboration and innovation (2020)
We are now in a period of reinvention. Let us harnesses the core drivers of transformation to create long-term value, together.
Contact Details
Stefanos Michael
Director, Technology Consulting Services
Daina Miskouri
Director, Technology Consulting Services