If you are a CEO, CFO, CIO, or business owner of a mid-sized company struggling to transform your business in the age of Artificial Intelligence (AI) and have invested a significant amount of capital in new ideas with minimal return, or if you are unsure where to start in this AI transformation journey, then you have come to the right place.
What we do
At Marg, the focus is on guiding organizations through the intricacies of AI transformation. With a strategic approach to problem definition and opportunity identification, the mission is to lead businesses on a journey towards innovation and competitive advantage. Our team's expertise in AI transformation is a beacon for those seeking to reshape their culture and operational governance.
The services at Marg Investment are designed to inspire and foster a transformative mindset. By partnering with our clients, we have empowered them to not only envision but also achieve a seamless integration of AI into their core processes. The result is a powerful blend of strategy and technology, creating an environment ripe for achieving your business objective.
The services at Marg Investment are designed to inspire and foster a transformative mindset. By partnering with our clients, we have empowered them to not only envision but also achieve a seamless integration of AI into their core processes. The result is a powerful blend of strategy and technology, creating an environment ripe for achieving your business objective.
Future-ProofingAs SolidCircle, (another company founded by Pranay Rajgarhia), we successfully partnered with the Little River Band of Ottawa Indians to transform their operations. They previously struggled with moving paper files between departments, each relying on separate digital systems that caused errors and delays. We took decisive action to unify their processes into a single, cloud-based system, ensuring real-time information sharing. This overhaul significantly enhanced security, efficiency, and accuracy while ultimately revolutionizing their customer experience.
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Investment ManagementCitizens sought information about jail inmates by contacting the sheriff's office, while law enforcement needed access to non-public inmate information. To address these needs, we tested Amazon Alexa for Business to provide relevant information for both groups, aiming to save officers time and reduce staffing costs at the Point of Service.
As SolidCircle, we decided to cancel the experiment due to concerns about liability related to sharing information with Amazon. By doing so, we saved a significant amount of money—what started as a thousand-dollar experiment ultimately prevented millions of dollars from being wasted. Understanding when and how to fund a project is crucial in the realms of AI and Digital Transformation (DTX). Millions of dollars can be wasted due to unrealistic optimism or a reluctance to address uncomfortable issues. This is where Marg can be an invaluable resource, willing to speak up and highlight these important concerns. |
Operational EfficiencyPrior to working with SolidCircle, each drain commissioner funded their own software, leading to high costs. To solve this, we formed a group of 10 commissioners to share the expenses of custom software development hosted on the Microsoft Government Azure platform to ensure compliance with regulations like FIPS, HIPAA, and PII. This move to cloud computing reduced support and maintenance costs and made the commissioners more future-ready with automatic updates to new features.
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How do we work
We will collaborate closely with your team to develop a custom-designed AI Transformation Toolkit for your organization by following these steps:
- Define Problem/Opportunity Statement: Marg will provide your organization with a framework to accurately identify and report opportunities and improvements for AI transformation.
- Governance Structure: Marg will assist in establishing a governance structure to evaluate, prioritize, and fund opportunities. We will create a roadmap to approve or halt initiatives, and Marg will guide you to maintain a backlog of projects related to AI transformation.
- Culture of Innovation: Marg will work with leadership to foster a culture that encourages bottom-up reporting, enabling your organization to become continuously innovative. Additionally, we will collaborate with your business units to help them design cross-functional innovative teams.
- AI/Business Solutions: Marg will work with your Technology Department to evaluate AI solutions for the prioritized problems or opportunities identified by the Governance Structure.
Who are we
Marg Investment is a consulting company with over 30 years of experience specializing in AI and Digital transformation strategy. The name "Marg" means pathway or journey. In today's rapidly changing world, driven by advancements in Artificial Intelligence, organizations must continuously invest in AI Transformation to maintain a competitive edge.
The journey of a successful transformation begins with accurately defining your organization's problems and opportunities. These essential steps guide the initiative effectively with proper governance and foster a cultural shift that transforms your organization into an innovative hub. Our services have the power to inspire and bring hope for a successful transformation. As per a survey in Harvard Business Review in 2024, only 6% of companies are successful in their AI Transformation efforts to impact P&L, meaning only 3 of 50 companies are achieving their AI business objectives. We understand this struggle and aim to help you increase your probability of success with AI by making you "Fall in love with defining the problems and opportunities, not the solution". |
Next Steps
Schedule a one-hour complementary call with Pranay to discuss your AI Transformation Journey!