If you are a CEO, CFO, CIO, or business owner of a mid-sized company struggling to transform your business in the digital 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 digital transformation journey, then you have come to the right place.
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Future-ProofingAt SolidCircle, 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.
However, the Internal Rate of Return (IRR) dropped significantly when liability was factored in, leading to the cancellation of the experiment to avoid high expenses. Understanding when and how to fund a project is crucial in AI and digital transformation. |
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Operational EfficiencyPreviously, 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 Digital Transformation Toolkit for your organization by following these steps:
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Define Problem/Opportunity Statement: Marg will provide your organization with a framework to accurately identify and report opportunities and improvements for digital transformation. |
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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 digital transformation. |
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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. |
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Digital/Business Solutions: Marg will work with your Technology Department to evaluate digital solutions for the prioritized problems or opportunities identified by the Governance Structure. |
Who are we
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Marg Investment is a consulting company with over 30 years of experience specializing in 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 Digital 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 study by BCG in 2021 65% of companies are still striving for success in their Digital Transformation efforts, meaning only 35% are successful. We understand this struggle and aim to help you "Fall in love with defining the problems and opportunities" to shorten your journey to success. |
Next Steps
Schedule a one-hour complementary call with Pranay to discuss your Digital Transformation Journey!