Leadership

It is estimated that IT project failures cost the U.S. economy about $50 billion to $150 billion annually. According to a study published in the Harvard Business Review, one in six projects had a cost overrun of 200% and a schedule overrun of almost 70%. Another study conducted by McKinsey & Company in collaboration with the University of Oxford found that "17 percent of IT projects go so bad that they can threaten the existence of the company."

Organizations face many challenges in implementing AI-based solutions. AI is currently yielding impressive results in research laboratories. However, adopting the right methodology is key to the successful implementation of AI in enterprises which must deal with complex legacy systems, business processes, and human factors.

Based on our experience in helping Fortune 500 companies and government agencies during the last 25 years, we believe that these challenges can be solved with adequate project leadership and management. Our approach combines professional excellence and a committment to innovation and quality.

Ovation Consult™ has developed a new methodology called Enterprise AI Transformation Blueprint™ which allows organizations to analyze their current Enterprise Architecture, business processes, tasks, operational decisioning, and knowledge assets to develop insight into AI-based solutions. The outcome is an AI blueprint which is well aligned with strategic business objectives and ensures continuous enterprise learning as well as robust, safe, and explainable business decisions.

Our consultants hold industry certifications and credentials including: the certificate of Competency in Business Analysis (CCBA) by the International Institute of Business Analysis (IIBA), the Project Management Professional (PMP) certification by the Project Management Institute (PMI), the TOGAF certification for Enterprise Architects by The Open Group, the Information Technology Infrastructure Library (ITIL) certification, and the Scrum Master certification for Agile software development.

The company’s expertise includes modeling standards such as: The Open Group Architecture Framework (TOGAF), the Business Process Modeling Notation (BPMN), the Decision Modeling Notation (DMN), and the Cross-Industry Standard Process for Data Mining (CRISP-DM). We are also experts in Agile methodologies like Lean Startup, Scrum, Kanban, and Behavior Driven Development (BDD) for executable software requirement specifications.