Services

At Smyrna, we offer a spectrum of transformative management consulting services designed to address the critical challenges and opportunities faced by organizations worldwide. Our expertise spans strategy, governance, organization, operations, technology, digital solutions, advanced analytics, mergers & acquisitions, and sustainability, ensuring a comprehensive approach to your business needs.

Through our partnership with other organizations invested in resources, products, solutions and services, we harness the power of leading-edge technology to drive innovation and sustainable growth. Leveraging cutting-edge solutions, we deliver tailored strategies that align with your business objectives, from process optimization to digital transformation.

Our approach is rooted in deep industry knowledge and a holistic perspective, allowing us to capture value across boundaries within your organization. With a focus on research, bench-marking, modeling, analysis, and strategy development, we collaborate closely with you to navigate complexity and define clear, practical solutions.

Clients trust us not only to deliver results but to support them through transitions, ensuring they have the necessary capabilities and commitment for success. We stand at the forefront of business transformation, helping you take decisive action towards sustainable growth and engineering advantage across your enterprise.

Digital Progress Trends

These statistics highlight the significant impact and growth of enterprise technologies such as cloud computing, AI, IoT, cybersecurity, digital transformation, and blockchain. Enterprises are increasingly adopting these technologies to drive innovation, efficiency, and competitive advantage in today's digital landscape.

Digital Transformation

  • Digital Transformation Initiatives: 70% of companies either have a digital transformation strategy in place or are working on one (source: IDC).

  • Acceleration: The COVID-19 pandemic accelerated digital transformation, with 71% of businesses increasing their digital investments (source: McKinsey).

  • DX Technologies: Key technologies in digital transformation include AI, cloud computing, IoT, robotic process automation (RPA), and blockchain

     

Artificial Intelligence (AI)

  • AI Adoption: 37% of enterprises have implemented AI in some form, with 37% planning to implement it within the next year (source: Gartner).

  • AI Applications: AI is used in various applications such as customer service (AI chatbots), predictive analytics, supply chain optimization, and more.

  • AI Investment: IDC predicts global spending on AI to reach $110 billion by 2024, with a compound annual growth rate (CAGR) of 21.8% from 2019 to 2024.

  • AI in Finance: In the finance sector, AI-driven solutions are used for fraud detection, risk assessment, and algorithmic trading.

Cloud Computing

  • Cloud Adoption: According to Flexera's 2021 State of the Cloud Report:

    • 92% of enterprises have a multi-cloud strategy.

    • 82% have a hybrid cloud strategy.

    • Public cloud adoption is at 79%, with 37% of workloads now on public clouds.

  • Cloud Spending: Gartner predicts global public cloud spending to reach $396 billion by 2023, up from $242 billion in 2020.

  • SaaS Growth: Software as a Service (SaaS) continues to grow, with a projected market size of $145 billion in 2022, according to Gartner.

  • Hybrid Cloud: 94% of enterprises have a hybrid cloud strategy, as reported by IBM.

Cybersecurity

  • Cyber Threats: The number of data breaches increased by 64% in 2020, with ransomware attacks being a significant concern (source: Verizon).

  • Cybersecurity Spending: Gartner predicts global cybersecurity spending to reach $133.7 billion in 2022, with a CAGR of 12% from 2021 to 2026.

  • Zero Trust: 66% of enterprises are implementing or planning to implement a Zero Trust security model (source: Cybersecurity Insiders).

  • Endpoint Security: With the rise of remote work, endpoint security is a top priority for enterprises, with a market size projected to reach $15.6 billion by 2027 (source: Fortune Business Insights).

Blockchain

  • Enterprise Adoption: 31% of enterprises have already adopted blockchain technology, with another 40% planning to do so in the next two years (source: Deloitte).

  • Use Cases: Blockchain is used for supply chain traceability, secure transactions, smart contracts, and digital identity verification.

  • Market Growth: The global blockchain market size is expected to reach $39.7 billion by 2025, with a CAGR of 67.3% from 2020 to 2025 (source: MarketsandMarkets).

Internet of Things (IoT)

  • IoT Growth: The number of connected IoT devices is expected to reach 41.6 billion by 2025, generating $1.1 trillion in revenue (source: IDC).

  • Industrial IoT (IIoT): In manufacturing, IIoT is driving efficiency and predictive maintenance. The IIoT market is expected to reach $263.4 billion by 2027 (source: Fortune Business Insights).

  • IoT Security: 97% of businesses have concerns about IoT security, according to a Microsoft report.