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Banking and Financial


ThoughtStorm has gained valuable experience by working with some of the largest players in the industry. We provide a full spectrum of service offerings to our clients by ensuring our consultants are experts in their respective fields.

Banking and Financial

Trends

2016 was a year of security breaches and regulatory fines but also a year when “Digital” became the buzzword in the industry. Here is what is expected in the coming year(s):

  • Consolidation
  • Big Data
  • Investment in Technology
  • Shadow IT
  • Cyber Security

Solutions

ThoughtStorm offers a wide array of solutions which meet our clients’ requirements in the banking and financial sector.

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Insurance


The insurance industry is seeing massive changes in consumer expectations due to technology advancements.

Trends

The insurance industry tends to move at a slower pace when it comes to the adoption of newer technologies. Here is what is expected for the insurance industry over the next few years:

  • Usage based insurance
  • Movement towards a cloud-based infrastructure
  • The use of Big Data to improve claim processing capabilities
  • Entry of non-traditional firms into the insurance industry

Solutions

ThoughtStorm offers various solutions for clients in the insurance industry...

Insurance
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Telecommunications and Technology


The telecommunications industry is rapidly changing to cater to consumers and their demand for technology.

Telecommunications and Technology

Trends

Changes in the telecommunications industry are mainly due to demand for wireless access and mobile technology. Here are some of the key trends in telecommunications:

  • Convergence of IT and telecommunications technology
  • Content integration
  • IoT traffic explosion
  • App economy
  • Security

Solutions

ThoughtStorm offers several innovative solutions for the telecommunications industry...

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Consumer Goods and Retail


Consumer goods and retail industry is seeing massive changes in consumer expectations due to technol-ogy advancements.

Trends

Technology is increasingly fundamental to competitive advantage in the consumer-packaged-goods and retail industry. Some of the leading trends in the CPG (Consumer Packaged Good) industry are:

  • Direct consumer relationships
  • Mobile and location based services
  • Demand driven supply chain management
  • Idea to Product acceleration
  • Safety and traceability
  • Mobile payment
  • Investment in Omnichannel
  • Big Data

Solutions

ThoughtStorm offers a wide array of solutions to meet client needs

Consumer Goods and Retail
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Transportation


The transportation industry is evolving rapidly with newer technologies such as IoT.

Transportation

Trends

With the advancements of technology, key trends in the transportation industry are:

  • Use of IoT/predictive networks
  • Connected applications/EDI
  • Increased regulatory oversight
  • Self-driving trucks
  • Robotics
  • Real-time logistics
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Government


Governments, both at the Federal, State/Provincial levels are experiencing pressures from their constituents to provide easier and better access to services. Government bodies are working harder than ever before to upgrade ailing and outdated infrastructures, processes and systems.

Trends

In ordinary businesses, IT decision-makers can identify the norms that matter to the organization's success and respond with choices that best serve those requirements. If a strategy turns out to be unbalanced, the management team quickly assess and work on a newer strategy. However in government institutions, a failed strategy or initiative can have severe consequences as governments are funded by and answerable to their constituents.

Key trends in this industry are:

  • More transparency
  • Security
  • Infrastructure modernization
  • Mobile engagement
  • Digital
  • App and Services
  • Smarter cities
  • Inter-governmental communication

Solutions

At ThoughtStorm our dedicated government team has SME’s with a tremendous amount of experience in working on large government projects. We have consulted on various projects and provided project managers and end-to-end solutions supporting government initiatives.

Government
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