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U.K. Firms Meet Economic Challenges With Digital Solutions
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Rhea-AI Summary
ISG's new report highlights a surge in digital transformation among U.K. enterprises post-pandemic. Companies are aligning with economic changes by enhancing customer experience and supply chain management through digital solutions. The report emphasizes the use of AI, automation, and sustainability initiatives supported by government policies. Prominent service providers like Accenture and IBM are recognized as leaders in critical service areas. The ongoing transformation aims to address complex supply-chain challenges and meets environmental, social, and governance goals.
Positive
Increased digital transformation initiatives among U.K. enterprises.
Enhanced customer experience through AI and automation.
Government support for sustainability and ESG goals.
Negative
Ongoing supply chain disruptions not fully resolved.
Challenges in meeting evolving economic conditions.
Post-pandemic conditions lead companies to digitally transform for improved customer experience, supply chain, sustainability and other outcomes, ISG Provider Lens™ report says
LONDON--(BUSINESS WIRE)--
Many enterprises in the U.K. are responding to changing economic conditions and challenging markets by carrying out digital business transformations, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2022 ISG Provider Lens™ Digital Business Enablement and ESG Services report for the U.K. finds companies are working to align their processes with the new economic realities that have emerged in the past three years. They have implemented data-driven approaches to improve customer experience (CX), supply-chain intelligence and other capabilities.
“After benefiting from the digital technologies they deployed to stay afloat during the COVID-19 pandemic, companies in the U.K. have stepped up digital transformations in its wake,” said Anthony Drake, ISG director in the U.K. “Digitalization has been a lifeline for enterprises, allowing them to scale up their capabilities even in the current economic crunch.”
Improving customer experience is one of the major objectives of enterprise digital transformations in the U.K., ISG says. With the help of service providers, companies are using AI, automation, AR/VR and other technologies in solutions to better engage with customers over multiple channels. Providers have responded to growing demand for enhanced CX by delivering services tuned to specific industries and use cases.
The pandemic created complex supply-chain challenges in the U.K. that have not yet been fully resolved even with many enterprises adopting digital supply chains, the report says. Shortages, unpredictable demand, stagnant goods, changes in regulation and economic upheavals have disrupted supply chains in Britain for nearly three years. Companies are implementing digital solutions, including supply chain control tower systems and AI-powered analytics, to enhance awareness and control of their systems.
With strong backing from the national government, the public and private sectors in the U.K. are also adopting digital solutions to achieve environmental, social and governance (ESG) goals, especially around sustainability. The government’s plan for national net-zero carbon emissions by 2050 includes a massive Public Sector Decarbonisation Scheme and goals for many of the country’s major industries. Service providers are helping enterprises deploy big data, AI, IoT devices and other technologies to enable net-zero strategies.
“Decarbonization efforts by enterprises have grown dramatically since 2021,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Leading service providers understand their requirements and have built solutions for particular use cases, both in-house and with partners.”
The report also explores other digital business services trends affecting U.K. businesses, including the rising need for advisory and consulting services and for organizational change management as part of digital transformation.
The 2022 ISG Provider Lens™ Digital Business Enablement and ESG Services report for the U.K. evaluates the capabilities of 37 providers across four quadrants: Business Consulting Services, Customer Experience Services, Supply Chain Transformation Services, and Sustainability and ESG Services.
The report names Accenture, HCLTech, IBM, TCS and Wipro as Leaders in all four quadrants. It names Capgemini as a Leader in three quadrants and Atos, Cognizant and Infosys as Leaders in two quadrants each. BCG, EY, GEP, Hexaware, McKinsey, PwC, Siemens and Tech Mahindra are named as Leaders in one quadrant each.
In addition, Atos and GEP are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.
A customized version of the report is available from Hexaware.
The 2022 ISG Provider Lens™ Digital Business Enablement and ESG Services report for the U.K. is available to subscribers or for one-time purchase on this webpage.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.
What does the ISG report say about digital transformation in the U.K.?
The ISG report indicates a significant increase in digital transformation efforts among U.K. enterprises post-pandemic, focusing on customer experience and supply chain enhancements.
Which companies are recognized as leaders in the ISG report for digital business services?
The report names Accenture, HCLTech, IBM, TCS, and Wipro as leaders across all four evaluated quadrants.
What technologies are U.K. companies implementing for digital transformation?
Companies are using AI, automation, and digital supply chains to improve operational efficiency and customer engagement.
What are the main challenges mentioned in the ISG report regarding U.K. supply chains?
The report highlights unresolved supply chain disruptions, including shortages and unpredictable demand, even as enterprises adopt digital solutions.
How does the U.K. government support digital transformation efforts?
The U.K. government supports digital transformation aimed at achieving environmental, social, and governance goals, including a strategy for net-zero carbon emissions by 2050.
