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West Monroe's Innovative Solutions: Intellio® Policy and Evolve

West Monroe, a global leader in business and technology consulting, has unveiled two cutting-edge solutions: Intellio® Policy and Intellio® Evolve. These new offerings are designed to help organizations navigate the complexities of regulatory changes and modernize outdated systems swiftly and efficiently. As the pace of policy evolution accelerates and legacy systems become increasingly cumbersome, West Monroe's innovative technologies aim to empower businesses to adapt and thrive in a challenging environment.

Addressing Industry Challenges

The launch of Intellio® Policy and Intellio® Evolve is timely, as many executives are grappling with the dual pressures of regulatory compliance and the urgent need for software modernization. According to industry insights, nearly 57% of senior executives feel ill-equipped to manage risks associated with regulatory changes, while a projected 75% of technology leaders anticipate their technical debt to rise significantly. West Monroe aims to alleviate these pain points with their latest innovations.

Intellio® Policy leverages artificial intelligence to streamline the monitoring of changing laws and regulations that industries such as utilities, banking, and healthcare frequently encounter. With the capacity to monitor thousands of regulatory filings, this solution accumulates and synthesizes crucial information into a single interface, offering organizations real-time visibility and compliance tracking. By automating these processes, Intellio® Policy can potentially save organizations the workload equivalent to 1-10 full-time employees annually, translating to remarkable ROI.

The Modernization Revolution

On the flip side, Intellio® Evolve focuses on transforming legacy software systems, which often serve as significant barriers to operational efficiency. Traditional modernization efforts can take years and involve substantial costs, frequently resulting in the translation of old code into new languages without eliminating underlying inefficiencies. Intellio® Evolve utilizes AI to analyze software systems, identify dependencies, and highlight code gaps. This revolutionary approach has reportedly reduced code migration tasks by up to 80% and cut modernization timelines by 40-50%.

By integrating these two systems, organizations can address policy complexities while reinvigorating outdated software, enabling them to operate at greater efficiency and respond more agilely to market demands.

A Commitment to Innovation

West Monroe's commitment to innovation is palpable in these launches. Casey Foss, Chief Commercial Officer, emphasizes that these solutions stem from a clear understanding of client needs, combining deep industry expertise with advanced AI technology. Furthermore, Bret Greenstein, Chief AI Officer, underscores that West Monroe is dedicated to empowering clients to overcome long-standing barriers through innovative methods that enhance operational speed and outcomes.

As part of their broader strategy of fostering innovation, this launch coincides with West Monroe’s annual Innovation Week, showcasing the firm’s continual efforts to inspire creativity and collaboration among employees.

Conclusion

West Monroe is steadfast in its mission to create value and accelerate results for its clients through groundbreaking technology solutions. With the introduction of Intellio® Policy and Intellio® Evolve, businesses now have access to powerful tools that not only streamline compliance processes but also modernize their software landscape effectively. Interested organizations can explore these solutions further and request a demo through the West Monroe website, signaling the firm's ongoing dedication to industry advancement and client success.

For more information, visit West Monroe's Intellio page.