September 25, 2020
In order for B2B companies to successfully leverage digital transformation, there must be buy-in from top leadership. Digital transformation will only be fully successful if everyone is on board, it requires a complete cultural shift to find digital solutions that are centered around customers' needs. Digital transformation is the only way an organization can shape their future customer experience, companies that don’t join the transformation have a very high risk of being left behind.
September 24, 2020
According to Forbes, COVID-19 is forcing businesses to speed up the timeline of their digital transformation. The last 6 months of 2020 have produced more digital transformation than the last decade. There’s an urgent need to be more reliant on digital technologies as we have to follow health and safety regulations by physically distancing ourselves. While the 2020 digital transformation has benefited us in many ways, some aspects are more urgent than others during this pandemic, such as 24/7 secure connectivity. What is the trend of digital transformation for 2021? Here are the top digital transformation trends in 2021.
September 23, 2020
It’s essential to pay attention to the future competitive landscape considering the changes caused by the Covid-19 crisis will shape the “Next Normal”. Adopting advanced digital technologies enable organizations to create new value with a faster and better approach. The COVID-19 pandemic has exposed remarkable opportunities, the main push to digital transformation, and it might be a massive one. According to McKinsey, Companies who led the way to adopt digital technologies and agile business models have shown substantial improvements in both execution and result.
September 23, 2020
COVID-19 Pandemic has brought extensive lockdown and other several uncertainties, customers are relatively becoming more technology-reliant and digital savvy during this crisis. Organizations are expected to identify and analyze which customer behavior or pattern that will last for a longer period of time as some behavior will stay and shape the customer experience. McKinsey stated that many organizations are accelerating the digital transformation to fulfill customer expectations.
September 21, 2020
According to IDC, One of the most effective ways to successfully achieve digital transformation and prepare your company in the industry is through utilizing a data-driven strategy. Data-driven strategy tends to have higher chances of success as it is able to provide real insight based on the integration of real cases. In 2018, Big data was the number one investment, this includes data visualization tools and machine learning.
September 18, 2020
According to Harvard Business Review, many companies are questioning their viability post-pandemic, including those companies in the industry that got hit the most by this COVID-19 pandemic. As a business, it's important to have a thorough data-driven plan in order to develop a smart and sustainable plan that involves advanced technology. Kate Smaje, the global leader of McKinsey Digital, stated that businesses have to act faster than ever on digitization on one of the McKinsey reports. She believes that technology is both a threat and an opportunity for businesses.
September 17, 2020
In every industry, organizations’ leaders are required to make an important decision of a life-time on how to respond and react upon digital disruption. It’s crucial to act accordingly to the disruptive competitive threat and exploit opportunities from utilizing advanced technologies to maximize the business. According to IBM, in industry 4.0, most successful companies are unleashing the power of the market by creating platforms and creating new value for customers that are fueled by data. In order to stand out from the crowd, businesses need just the right digital strategy to match their digital transformation efforts.
September 16, 2020
Digital transformation has become one of the most important requirements for companies to be able to stay relevant and compete in the market. Since there’s a huge number of companies who failed to digitally transform their organizations, it’s important to fully understand why those companies failed to do so in the first place and hopefully learn something from it. The majority of companies fail due to inability to understand the concept of digital transformation in a more holistic way, not understanding the new rules and economy in today’s digital era, ignoring the reality of the new ecosystem, over-analyzing and focusing on only the main the digital players that it lack visibility on the small digital players who are just as dangerous, and last but not least, failed to apply accurate strategy as the result of missing the variety of digital disruption.
September 10, 2020
According to GuideSpark, two-thirds of businesses are aware that they have to transform digitally by 2020 in order to stay competitive. Businesses are completely aware of this requirements in order to stay in the competition, however digital transformation is not easy, many businesses have failed to adopt the digital transformation. Here's how to successfully achieve digital transformation with the right strategy.
September 09, 2020
Technological changes are inevitable for organizations in various industries, it’s either adapt or die. Along with the utilization of advanced technologies, organizations’ leaders have to prepare their employees to support the digital transformation itself, creating a workforce that is suitable for innovation. Kai Riemer, the professor of Information and Technology (University of Sydney) stated that “Disruptors don’t set out to beat you at your own game — they change the rules.”