The Puerto Rico banking sector continues to show robust profitability in 2024 with a Pre-Tax ROE of 20.81%. Despite low loan delinquency rates, some consumer segments, like credit cards and auto loans, show signs of increased delinquency. Discover key trends and insights from the latest banking report.
Digital transformation (DX) is crucial for modern organizations, yet achieving success requires more than adopting new technologies. Learn how to use V2A’s five-step methodology to assess, set strategic goals, and implement data-driven initiatives to drive meaningful change and long-term value.
Using a "Growth Through Personalization" (GTP) framework, businesses have been able to dive into personalization successfully, maximize the data at their disposal, and identify the right moments to offer the right products or services, via the right communication channels.
The V2A banking report dashboard provides additional detail on the performance for banks in Puerto Rico in Q3 2024.
V2A Consulting conducted a broad survey of Puerto Rican organizations to assess their adoption and use of Artificial Intelligence tools thus far. A broad cross-section of organizations, over 100 in total, responded to our survey, covering over 15 sectors of the economy and ranging in size from large multinational organizations to medium and small businesses.
Acquiring distressed hospitals offers opportunities to expand market share, improve care quality, and enhance negotiation leverage with payers. Such acquisitions can prevent closures, maintain access to care, and create long-term value through strategic integrations that bolster efficiency and cost savings.
We’ve identified five key drivers to navigate the complexities and challenges of digital transformation, while securing a long lasting impact: (1) define a clear vision and strategy, (2) secure top leadership commitment to lead change management effort, (3) focus on a customer-centered experience, (4) adopt an agile approach, and (5) implement suitable technologies and data management solutions.
Led by the Executive team and Human Resources (HR), strategic management aligns employee needs with organizational goals, promoting a transparent culture and talent retention. Appropriate organizational design and a focus on compensation and benefits make it easier to attract and develop talent. This ensures efficiency, retention, and transparency, contributing to a strong and sustainable culture.
Multimodal AI can now process and respond to multiple forms of data simultaneously, improving applications in customer support, multimedia content creation, security, and healthcare.
