“That was the traditional way of working,” Scavuzzo says. “But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’”
Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them.
“That allows us to help the businesses we service be more successful, more profitable. That’s how we add value rather than just performing a task for them,” he says.
Scavuzzo, who has been with Marcum for 17 years, has been reshaping the IT function and his own role for much of the decade so that his tech organization is well positioned to drive the business agenda.
He earned the confidence of his executive colleagues by delivering successes, which in turn helps him get their support for innovative ideas. He assigns technologists who have an aptitude for business and accounting to roles that enable them to identify and pursue transformation opportunities. He has divided his 170 workers into two groups, with 60% of them focused 100% on digital transformation and the remainder focused on operational IT.
Additionally, he launched Marcum Technology, which brings some of the tech products that his IT department creates for Marcum to the market. Scavuzzo is CEO of Marcum Technology, in addition to serving as Marcum’s CIDO.
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