Brett Davis’ Post

Summertime is here. Takes me back to my first real job as a lifeguard. I remember getting my first paycheck – a printed piece of paper that I would take to bank and funds would be available within two business days. Fast-forward to today’s world, where my kids will never know what a paper based paycheck is as they start their summer jobs…and this world is poised to change even faster as they expect their financial lives to be fully integrated with every other aspect of their digital and physical lives. How we interact with banks (and increasingly other organizations who are providing digital financial products and services #industryconvergence) will only continue to transform and evolve at an increasing pace, which is why we at Deloitte are building specific solutions that enable better, faster, and more secure platforms that enable secure, digital financial services that can enable greater personalization and better customer experience such as our very latest – Converge by Deloitte’s Experience by BankingSuite. This new modern and customizable banking platform is already helping financial institutions do just that - creating unique and personalized customer experiences that align to their specific business needs (https://deloi.tt/4djxL9o).  BankingSuite helps businesses stay ahead of the curve in a rapidly changing industry. How do we do that? Our platform provides 80% of the development work upfront and then we work with our clients to build the remaining 20% to differentiate and prioritize features that are most important to our clients’ customers. Our approach enables much faster goal setting, deploying of new digital features, and pivoting to address evolving customer preferences.   As one of the newest sector-specific solutions within Deloitte’s Converge™ portfolio (https://deloi.tt/44qbRgB) and a further proof point of our recent $2B IndustryAdvantage™ investment in action (https://deloi.tt/3vGCqBf), I’m proud that this innovation reflects our ongoing commitment to shaping the future of industries faster and building purposeful industry-specific solutions that help our clients build lasting advantage in the marketplace.

Excited to share our just-announced collaboration with Hewlett Packard Enterprise and NVIDIA to power the future of smart manufacturing by helping organizations at all stages of digital maturity build and operate secure-by-design manufacturing simulations to unlock industrial digitalization.   Assembled to bring together the deep industry experience and AI capabilities of Deloitte with the latest private cloud and AI computing power of NVIDIA and Hewlett Packard Enterprise, this latest chapter of our ongoing IndustryAdvantage™ investments will help organizations across industries innovate and engineer AI solutions to transform their businesses.     Read more about what this strategic collaboration means for the future of smart manufacturing – and more - here: https://deloi.tt/3RAsYXY

How can we expect to create meaningful change if we don't engage with our communities in ways that better our collective future? If my Deloitte career has taught me anything about leadership, it’s that leaders lead by serving others. That’s why I’m such a big proponent for Deloitte’s annual Impact Day – now in it’s 25th year. Today, I spent my 10th year in a row volunteering at Share Food Program, a food bank that serves the greater Philadelphia area (learn more here: https://bit.ly/3RdCSOO). They give out over 22 million meals to our community every year and reach over 300k children faced with food insecurity through their school lunch program. Couldn’t think of a better way to spend my Impact Day today. The pictures below are a mix from today and from previous visits back over the years. If you’ve been looking for a place to volunteer in Philadelphia, I encourage you to sign up with Share Food and help us build a better future. 

#AI is redefining and reimagining how organizations design and create better customer experiences. And the pace of #innovation is only accelerating with each new advancement. If you want to keep up and learn how leading organizations are exceeding consumer expectations, reshaping customer operations, and doing all of this more efficiently I'd encourage you to join Google's Santosh Erram and my Deloitte colleagues Michelle McGuire Christian and Gopal Srinivasan on June 6th at Google's Playa Vista campus. They will dive deep into the latest in applying #AI and showcasing the impact of two innovations: #Gemini for the Enterprise and #Converge by Deloitte’s suite of industry solutions powered by Google. Nicola Johnson Kashif Rahamatullah Krystina Hawryluk Kari Lininger-Downs Benjamin Stiller Kelly Leger - Massie Amit Chaudhary Eli M. Dow Natalie Groff Ajit Kumar Chris Thomas Jim Rowan Michael DeLone Todd DeBasio Mark Singer Ranjit Bawa Brian Campbell Lynne Sterrett Sam Roddick Mike Daher Ed Johnson Kasey Lobaugh Jeff Simpson Rob Bamford Kavitha Prabhakar Dounia Senawi Scott Mager David Chan David Geisinger Jessica Kosmowski Michael Stephan #CustomerExperience #GenAI #ConvergeByDeloitte #IndustryAdvantage https://lnkd.in/emC-4VQF

Deloitte’s recent “State of Generative AI in the Enterprise: Now Decides Next” survey [https://deloi.tt/4aXMkxL] connects the dots on how GenAI and innovation are connected, featuring feedback from 2,000 business leaders on how they are adopting and scaling AI for their organizations.    I’d encourage you to check out the full analysis, but there are two indicators that jumped out to me:   The first is that 63% of surveyed leaders are actively encouraging innovation and growth using GenAI. It’s an indication that organizations do not just see GenAI as an efficiency opportunity but rather an opportunity to reimagine their businesses to drive the future differentiation and growth of their business. Second and related, “45% of respondents plan to reinvest savings into innovation opportunities,” which signals business leaders are prepared to take GenAI efficiency gains and reinvest them in the future.     What does this mean for businesses in 2024? Given the pace of GenAI technology innovation and adoption is moving fast, organizations that don’t prioritize continued experimentation, integration and rapid scaling of this technology into their business are at risk of not only missing opportunities for efficiencies in their business today but also innovation opportunities to differentiate new businesses for their future. 

Unlimited reality —the convergence of technologies including virtual reality (VR), augmented reality (AR), and mixed reality (MR)—is the next frontier for health care. Let’s get into it:     Use of VR and AR can improve patient experiences. Whether it’s digitally transporting patients to a more relaxing environment while they receive a procedure or creating an immersive and therapeutic session tailored for mental health disorders, use of this technology can enhance patient well-being. VR can address health disparities caused by under-resourcing. For example, VR’s ability to provide in-depth and immersive educational experiences can help bridge equity gaps often experienced by racially and ethnically diverse communities. Unlimited reality makes geographic boundaries obsolete, allowing for global collaboration we’ve never seen before. Not only does this diversify educational resources but also enhances communication leading to improved patient outcomes. On the back end, unlimited reality helps drive operational efficiencies for how we sort through data, train professionals, manage healthcare systems, and reduce costs to both providers and patients.    Unlimited reality holds huge potential to revolutionize healthcare. By creating a comprehensive virtual ecosystem, it can transform care, research, and training, leading to better outcomes for patients and healthcare systems alike.    A big thanks to our Deloitte Consulting team that put this piece together and is working to innovate in the health care space: Anwesha Dutta, Unnati Gupta, Nilesh Baid, Rachel Saji Cherian, Brian Doty, Amrit Kumar Jha, and Kartik Sharma. https://deloi.tt/3TGJ9TL 

At Deloitte we are committed to applying new innovations to drive impact for our clients. Today, I am excited to announce our next chapter of applied innovation – this time in #spatialcomputing for the enterprise thanks to our latest collaboration with Apple. We are expanding Deloitte’s Apple Practice by launching the Academy for Apple Vision Pro. Together, we are leveraging the cutting-edge capabilities of Apple Vision Pro to transform the way we work as part of our broader #UnlimitedReality business as spatial computing transforms the #enterprise. The Academy for Apple Vision Pro will train engineers, product managers, and business leaders in spatial computing leveraging Apple’s visionOS platform. From "The Business Value of visionOS" to "visionOS for Engineers," these courses will help organizations empower their existing teams and elevate their skills to realize the transformative power of spatial computing for critical heart of business industry use cases. #IndustryAdvantage Here’s why this is a game-changer: 1. It doubles down on our commitment to innovation with Apple. Just like our collaboration has helped our worldwide client base revolutionize how they work using iPhone, iPad, and Mac - Apple Vision Pro is the next phase in our strategic partnership. This is part of our broader investment in spatial computing and our Unlimited Reality business. 2. As always at Deloitte, it’s about our commitment to our people. Our greatest assets are our team members. The Academy will enrich the work our teams are already doing in this field while empowering them to approach solutions in new ways for our clients. 3. Through our #UnlimitedReality investments Deloitte is committed to pioneering the future of spatial computing to drive real world business #impact. That starts with equipping our #engineers to drive sector specific solutions – like manufacturing, financial services and health care. This investment gives our engineers the tools and knowledge they need to develop and deploy new spatial computing solutions in rapidly evolving industries. Special thanks to Mike Brinker, Bill Briggs, Kaitlyn Kuczer, Deborah Golden, Ranjit Bawa, Mark Singer, Brian Frank, Frances Yu, and many more for making this possible. #IndustryAdvantage #spatialcomputing #VisionPro Jim Rowan Michael DeLone Ajit Kumar Dounia Senawi Jessica Kosmowski Amit Chaudhary Tim Juravich Will Gosling Chris Thomas Deborshi Dutt Rich Nanda Mike Bechtel Christina Bieniek Heather Stockton https://deloi.tt/4anSPJY

Imagine if we could look beyond the traditional patient-level clinical data for a deeper, more holistic understanding. Did you know that nonclinical factors can influence up to 80% of health outcomes? Elements such as access to education, job opportunities, nutritious food, safe housing, and transportation - collectively known as social determinants of health (SDoH) - play a crucial role. While these factors aren't typically included in conventional real-world data (RWD), they're critical to truly understanding diverse populations, which is essential to improving health equity and diversity in clinical trials. “By linking Komodo’s Healthcare Map with our HealthPrism social determinants of health data set, we are helping clients address some of their biggest challenges, create a more comprehensive view of their patients, and ultimately improve equitable access to medicines, increase diversity in clinical trials, and understand health disparity.” Since we launched ConvergeHEALTH ten years ago, we have always been committed to making the vision of value based, personalized healthcare a reality and making an #impactthatmatters. This is a true milestone in innovation for our entire Converge team and builds on this commitment to innovate with purpose. You can read more here: https://deloi.tt/43HT6EX Thank you Jeffrey Morgan, Seshamalini Srinivasan, and Chris Stehno for your insights and work on this impactful collaboration. #innovationwithpurpose #industryadvantage Liliana Robu Kulleni Gebreyes Jay Bhatt Asif Dhar Chris Zant Karla Feghali MBA, B.S, Ajit Kumar Pete Lyons Jerry Bruno Beth Meagher Margaret Anderson (she/her) Jinlei Liu Lynne Sterrett Kwasi Mitchell Amit Chaudhary Dounia Senawi Ryan Hoffmeister Brian Campbell Ranjit Bawa

Innovation is the key to progress.   At Deloitte we are constantly challenging ourselves to innovate to shape the future faster for our clients and our profession. That is why I’m particularly proud of today’s $2 billion strategic investment in IndustryAdvantage™ that underscores and highlights our commitment to innovating to tackle the heart of business opportunities and challenges our clients face.    Our IndustryAdvantage™ strategic investment focuses on four key priorities:   ✅ New Industry Solutions Applying GenAI  - We are building a new suite of industry-specific GenAI-enabled accelerators as well as enhancing its cloud-native Converge™ by Deloitte industry platforms that are already supporting leading health care, banking, retail, public sector and insurance clients. And of course, we are building all of these solutions leveraging Deloitte’s Trustworthy AITM framework to help manage AI-related risks. ✅ Co-innovation with Alliances  - The investment also expands our co-investments with our ecosystem and alliances with a focus on industry incubators to rapidly develop new industry solutions. Lynne Sterrett, said it best when describing what this meant for our clients and ecosystem partners, “One of our goals with Industry Advantage is to speed solutions to market, and together with our alliances and clients, we can build, test, iterate and rapidly deploy new solutions. Today’s market requires speed, and the work we’re collectively doing provides our clients with unparalleled access to the latest technologies, including those breaking down barriers in the GenAI space, which can increase our clients’ speed to market.”    ✅ Nurturing Professional Development  - Deloitte’s professionals have always been our most valuable asset. That is why this investment will expand and accelerate our learning and development programs to include “industry-credentialing curriculum for 25,000 employees, 70 industry learning programs featuring GenAI and Deloitte’s Technology Academy, which will offer training to more than 100,000 Deloitte employees on cutting-edge technologies.”    ✅ Targeted Industry Transformation for Growth - Innovation isn’t investing in the newest technology for the sake of technology. To me, it's about figuring out new approaches to our clients’ specific needs or problems, which is why we are also reorganizing the way we invest in capabilities and solutions to bring our insights on heart of business industry insights with our scaled engineering capabilities. As Michael Stephan says, “IndustryAdvantage... is an intimate understanding of what drives our clients’ businesses in order to help them gain a competitive advantage, accelerate and shape the future of their industries.”    It’s investments like these – in our people, Alliances and client-focused solutions – that make me proud to work at Deloitte. #IndusryAdvantage #innovationthatmatters Scott Mager Dounia Senawi Rich Nanda Jason M. Girzadas Ranjit Bawa Brian Campbell