An innovative local software development partnership between 4Sight Holdings and Bidvest Advisory Services has created 4MIA powered by ALICE, a first-of-its-kind AI-powered automated digital transformation advisor.
Developed on the ALICE platform, the intelligent predictive solution monitors, investigates and advises (MIA) business and technology executives on critical aspects related to their digital transformation roadmaps.
Decision-makers can now leverage the 4MIA's automated proactive monitoring and reporting to gain greater visibility into their IT environment with real-time insights related to digital transformation readiness.
“As digital technologies and competitor capabilities rapidly evolve, business leaders and executives must constantly assess and evaluate their IT landscape. However, manual assessments take time and require experts to interpret the results,” explains Rudi Dreyer, Chief Business Environment Officer at 4Sight Holdings.
4MIA runs continuous and automated investigative and monitoring processes on an organisation's internal IT landscape, assessing more data points than any person or team could.
The AI solution applies hundreds of algorithms developed using the collective intelligence of various subject matter experts to digitise business assessments. 4MIA's predictive capabilities can also tailor the solution to leverage company-specific learnings, while also bringing in best practices.
The automated process identifies risks in a company's current technology environment, along with opportunities for IT environment optimisation, business process modernisation and cost savings.
“Ultimately, the solution generates an actionable list of recommendations related to on-premises infrastructure, modern workplace (Office and Microsoft 365) and Microsoft Azure environments for optimisation and modernisation,” continues Dreyer.
“These insights empower businesses to make timely and informed decisions about their digital transformation roadmap to accelerate their adoption of new digitally led business models.”
This continuous AI-driven IT landscape analysis eliminates the risk of human error and frees up internal IT personnel capacity.
Furthermore, 4MIA helps to address a common constraint related to funding digital transformation initiatives. The solution uncovers opportunities to create cost savings and efficiencies to be used in a potential self-funded roadmap.
“4MIA addresses numerous common challenges experienced during digital transformation projects, such as spending too much money on licensing, managing disparate landscapes or running duplicate or clustered systems,” says Aldo van Tonder, Chief Digital Officer at 4Sight Holdings.
By identifying possible areas to reduce wastage or opportunities to consolidate and integrate systems to create cost or operational efficiencies, companies can allocate the resultant cost savings or extra capacity to kickstart a self-funded model that drives digital transformation.
4MIA's innovative pricing, which is billed as a percentage of the environment the solution manages, typically saves double or more of the costs, according to Dreyer.
“4MIA not only pays for itself but also delivers additional benefits by freeing up more money to fund digital technology modernisation initiatives,” he adds.
Decision-makers also receive reports and roadmaps that will help them to prioritise funds and allocate available resources to modernisation initiatives that can deliver the best return on investment.
“As a hosted solution built on Microsoft Azure and deployed from the Microsoft cloud, we can rapidly and securely deploy 4MIA into any ICT environment, anywhere on the planet and it easily integrates with modern and legacy technologies,” continues Van Tonder.
Using the Microsoft Azure environment for 4MIA also provides access to the latest intelligence and cognitive services with guaranteed GDPR and POPI compliance to protect customer data and meet regulatory requirements.
“4MIA is also highly scalable, which makes it applicable in even the most complex corporate environment and allows our assessment team to service exponentially more customers at speed while still delivering an overall better quality of service.
“Ultimately, 4MIA powered by ALICE is a catalyst for cost-effective digital transformation in every industry by giving business decision-makers the confidence to accelerate their journeys,” Dreyer concludes.
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4Sight
4Sight is a JSE AltX (ticker: 4SI) listed, multi-national, diversified technology group. Our purpose is to leverage our extensive product and services portfolio, focused on 4IR technologies, people and data-focused solutions to design, develop, deploy and grow solutions for our partners (customers and vendors). Our mission is to empower our partners to future proof their businesses through digital transformation to make better and more informed decisions in the modern digital economy.
Across 4Sight, our teams sit with the core capabilities (people, skills and technologies) to accelerate the convergence between the Operational Technologies (OT), Information Technologies (IT) and Business Environment (BE) worlds through our integrated solutions. This empowers us to create a new revenue streams and relevance for our partners. We are the digital transformation partner of choice to quantum leap your business into the realm of Enterprise 5.0.
For more information, please visit www.4sight.cloud
Bidvest Advisory Services (Pty) Ltd
Bidvest Advisory Services is a wholly owned subsidiary of the Bidvest Group Limited. Founded in 2016, it was initially established to facilitate Bidvest Group’s strategic intent of digital assurance. Bidvest Advisory Services has since become a digitally enabled advisory business focusing on solving problems for both the Bidvest Group as well as external clients using ALICE.
Who is ALICE?
ALICE is a platform that enables you to create an ecosystem of digital services to govern, manage and monitor your business. She combines intelligent automation with cognitive services to create a digital workforce to assist those charged with governance and management oversight responsibilities with real-time and continuous visibility into a business.
For more information, please visit: www.bidvestalice.com