WEBVTT 1 00:00:00.293 --> 00:00:02.876 (bright music) 2 00:00:06.820 --> 00:00:09.010 In today's business environment, 3 00:00:09.010 --> 00:00:11.250 digital performance can make the difference 4 00:00:11.250 --> 00:00:13.430 between being an industry leader 5 00:00:13.430 --> 00:00:16.123 or losing ground to fast-moving competitors. 6 00:00:17.490 --> 00:00:19.810 But only about 30% of companies 7 00:00:19.810 --> 00:00:22.623 navigate a digital transformation successfully. 8 00:00:23.850 --> 00:00:27.110 Generali Italia, a leading insurance company, 9 00:00:27.110 --> 00:00:30.120 became one of the coveted 30%. 10 00:00:30.120 --> 00:00:33.130 They did so by delivering a digital transformation 11 00:00:33.130 --> 00:00:36.970 that blended both digital and human capabilities. 12 00:00:36.970 --> 00:00:41.030 Transforming IT is more than simply writing code, 13 00:00:41.030 --> 00:00:43.260 and is also more than buying technology 14 00:00:43.260 --> 00:00:44.680 from external providers. 15 00:00:44.680 --> 00:00:46.860 And that's why we structured the program 16 00:00:46.860 --> 00:00:48.840 into four main pillars: 17 00:00:48.840 --> 00:00:52.130 IT Architecture, Ways of Working, 18 00:00:52.130 --> 00:00:55.430 People, and Continuous Improvement. 19 00:00:55.430 --> 00:00:56.870 The company also knew 20 00:00:56.870 --> 00:00:59.780 that it wasn't enough simply to experiment with pilots 21 00:00:59.780 --> 00:01:01.630 in a few business units. 22 00:01:01.630 --> 00:01:05.451 They committed to change across the whole organization. 23 00:01:05.451 --> 00:01:07.550 The IT Architecture stream had the objective 24 00:01:07.550 --> 00:01:12.460 to rewrite the core pieces of our core legacy systems, 25 00:01:12.460 --> 00:01:16.503 and doing this based on modern standards like microservices. 26 00:01:17.870 --> 00:01:19.950 Ways of Working stream had the objective 27 00:01:19.950 --> 00:01:22.730 to enforce different ways of working 28 00:01:22.730 --> 00:01:26.860 based on DevOps and Agile methodology. 29 00:01:26.860 --> 00:01:30.860 We managed to now have about 40 teams 30 00:01:30.860 --> 00:01:32.780 fully working in Agile methodology 31 00:01:32.780 --> 00:01:35.760 and covering 40% of our project activities. 32 00:01:35.760 --> 00:01:38.840 And 15 of those are also working fully 33 00:01:38.840 --> 00:01:40.690 with DevOps methodology. 34 00:01:40.690 --> 00:01:42.390 The People stream had the objective 35 00:01:42.390 --> 00:01:44.410 to secure all the key skills 36 00:01:44.410 --> 00:01:46.810 that we needed for the transformation. 37 00:01:46.810 --> 00:01:49.750 The key element was to set up a digital factory, 38 00:01:49.750 --> 00:01:50.583 which basically 39 00:01:50.583 --> 00:01:51.416 acts as an InsureTech within the company, 40 00:01:52.950 --> 00:01:56.920 and had the mandate to attract and retain 41 00:01:56.920 --> 00:01:58.960 all the talents that we needed. 42 00:01:58.960 --> 00:02:03.370 And finally, Continuous Improvement stream had the objective 43 00:02:03.370 --> 00:02:07.150 to enforce and enable a culture 44 00:02:07.150 --> 00:02:10.430 of obsessive focus on performance. 45 00:02:10.430 --> 00:02:13.330 Organizations that think big and move nimbly 46 00:02:13.330 --> 00:02:16.080 will find competitive advantage. 47 00:02:16.080 --> 00:02:18.770 As a result of its digital transformation, 48 00:02:18.770 --> 00:02:22.350 Generali radically improved their digital performance. 49 00:02:22.350 --> 00:02:23.650 During this transformation, 50 00:02:23.650 --> 00:02:28.240 we completely transformed our IT performance. 51 00:02:28.240 --> 00:02:32.910 We managed to reduce our response time by more than 50%, 52 00:02:32.910 --> 00:02:34.620 reducing the average response time 53 00:02:34.620 --> 00:02:37.690 from about 2 seconds to 0.8 seconds. 54 00:02:37.690 --> 00:02:40.070 We also managed to drastically improve 55 00:02:40.070 --> 00:02:42.110 the availability of our core systems, 56 00:02:42.110 --> 00:02:45.090 and the downtime hours dramatically improved. 57 00:02:45.090 --> 00:02:49.150 And also, we managed to drastically improve quality, 58 00:02:49.150 --> 00:02:53.010 with defect rate that went down by a factor of 10. 59 00:02:53.010 --> 00:02:55.510 As a result of its digital transformation, 60 00:02:55.510 --> 00:02:59.050 Generali Italia has unlocked new business growth, 61 00:02:59.050 --> 00:03:01.500 and become a digital leader in insurance. 62 00:03:01.500 --> 00:03:04.083 (bright music)