In recent years, the pace of technology and business change has rapidly increased, requiring new commercial models and changes to the existing models. Companies – all companies, not just technology companies – must now regularly update technology across their entire organizations and customer-facing services and products.
Successful technology projects boost revenues, distinguish a company and its offerings from the competition, and transform and improve a company’s relationships with its customers. Failure, on the other hand, can have a profound impact on product development, customer service and market reputation for years to come. Consequently, planning for technology innovation and deployment projects requires careful mapping of strategic objectives, deliverables, and realistic work-around options.
Laurence Jacobs and Nicholas Smith, partners at Milbank, Tweed, Hadley & McCloy, have identified a variety of transaction structures that companies can use to develop new technologies and to leverage existing infrastructure, technologies, and customer bases. They have also focused on the relative strengths and weaknesses of these models in fostering technology innovation and best practices when designing and managing a project to develop and deploy technology or technology services.
Robotic hardware combined with cognitive intelligence and cloud computing capabilities signifies a host of new opportunities across many industries. ... More >>
Starting a new job is a chance to start fresh with a brand-new group of colleagues. It's an opportunity to build on the skills you learned at your last job and develop additional areas of expertise. ... More >>
Embracing a digital supply chain not only drives greater agility, efficiency and innovation, it also creates business advantage for companies. ... More >>