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Home > News > People-Business
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IBM Launches Institute of Business Value

By ChannelTimes Staff
Mumbai, Mar 15, 2008

To address the growing demand for high-value services by clients in India, IBM recently launched of the IBM India Institute for Business Value (IBV).

The IBV, which is IBM's "business think tank", will create fact-based, industry and service area-specific thought leadership materials that will enable clients to realize business value.

Working in collaboration with industry experts, leading-edge clients, academia and IBM's own strategy consultants, the Institute provides thought leadership, strategic insights and recommendations that address critical business challenges and help clients visualize and capitalize on new opportunities.

The IBV helps top executives: understand and anticipate changes in their industries; prioritize strategic alternatives for value creation; revisit business models and value capturing mechanisms; determine potential for innovation and partnership with stakeholders; and drive the reform agenda and formulate roadmaps for change initiatives.

"Our India clients, and those keen to enter or expand into the Indian market, view the rapid expansion of the economy as an opportunity to grow their businesses. But the challenge they will face is a clear understanding and insight into the industry segments in India. With the launch of IBV in India, IBM intends to provide local insights and better understanding which will enable clients to have a headstart," said K. S. Raghunandan, director-solutions of IBM India & South Asia.

The IBV India team in India will leverage the global strength of IBV consultants who conduct research and analysis across 17 industries and 5 functional disciplines: Human Capital Management, Financial Management, Strategy and Change, Supply Chain Management and Customer Relationship Management.

The first IBV India study will be on "Healthcare India" study, focusing on required transformation of the Indian healthcare system to improve accessibility, affordability and sustainability, while delivering enhanced value to all key stakeholders. Additional studies from the retail and energy & utility industries will follow this year, the company said.


Related Links:

IBM Sets Up Sales Support Center for Partners

IBM Launches System z10 Mainframe
How significant is IBV for the Indian market?

     
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