Science Info

Technology

Technology is so pervasive in the world today that its influence is recognized in even some of the most mundane tasks. Information technology, electronic commerce, and advanced telecommunications continue to have a major impact on the economic vitality of just about every industry. These new technologies empower companies and customers while challenging traditional business models and economic rules.

Though the sector has matured over the past 25 years, technology and telecommunications companies still face constant challenges. Access to capital, faster time-to-market, recruiting and retaining talent, and managing stakeholder and financial market expectations remain important and critical success factors. Convergence, an established trend prevalent throughout all technology industries, brings new and fundamental challenges as well.

Opportunities to improve the productivity of mergers and acquisitions, alternatives to outsourcing, and challenges of global expansion are all areas of Thomas Group's expertise.

Case Summary

Thomas Group recently helped a major technology company increase its responsiveness to market needs and its ability to bring more new and innovative products to market.

As the COO of the company said, "We changed our culture, processes, and paradigms resulting in performance that was well beyond our initial beliefs.”

Thomas Group and management were able to achieved significant results:

• Product development cycle time reduced by 33%
• Cycle time in equipment engineering reduced by 30%
• Time to market improved by 40%
• On-time delivery increased from 50% to 90%
• First pass yield (quality) improved from 70% to 95%

How Thomas Group Can Help You

Thomas Group has helped dozens of technology companies like yours to improve operations through our unique brand of functional assessment and business process improvement solutions. At Thomas Group, we help our clients better manage the intricate web of functional interdependencies that comprise a business enterprise. We teach them to organize with single-minded purpose and recognize the importance of individual contributions, and, when necessary, we help them apply technology more logically in their operations.

Source:http://www.thomasgroup.com