Throughout the year, 2020, companies everywhere had to reimagine their businesses and the future of work. It made us realize that digital transformation was not a fad or incremental project to roll out by department; it’s imperative to be agile and remain competitive during disruptive times. Digital transformation will continue to be a top priority […]
Tag Archives: digital transformation
Question Everything You Know about Your Business Processes
There may have been a time when an organization’s automation strategy was defined primarily by siloed, ad hoc, and task-based workflows. Now, however, the most effective and impactful initiatives require business leaders to ask bigger, more challenging questions beyond simply what tasks can be automated and the ROI on cost reduction. Here is how to […]
HR Automation – The Way to Ensure Stable Business Growth
We are living in the age of technology and innovation. Traditional processes and workflows have become outdated. Operations and process models are being reinvented to increase cost-effectiveness. However, not all businesses are adapting to the revolutionized business process, which results in increased costs, a lack of efficiency, and halted growth. Outdated processes end up damaging […]
What COVID-19 Taught Us About Digital Transformation
COVID-19 is one of the most devastating crises in at least two past decades that has had ruinous business operations. It’s safe to say that COVID-19 has hit the economy harder than the 2008 financial crisis. COVID has also turned 2020 into a tragic year for the majority of businesses, except those that embraced digital […]
Growth in Digital Payments Spur Credit Card Services
The entire digital payments landscape has faced significant structural changes over the last few years and keeps growing as a valuable payment option for shoppers worldwide. Now, with the SARS-CoV-2 coronavirus causing operational adjustments everywhere, more companies are adopting global payment solutions to fuel growth and remain profitable. As companies continue to digitize their operations, […]
The Digital Era and Global Lockdown: See How These Industries Evolved
The recent turbulence of Coronavirus made all of us rethink business life. Many industries have started incorporating profound transformation to overcome the recession. The metamorphosis includes day-to-day operations to the business processes of vital importance. Businesses have even started closing new deals with clients at online meetings. Companies have been forced to turn all of […]
How Strong IT Asset Management Organizes Modern Business
If someone asked, could you give an accounting of all of the different technology licenses your business manages? If your answer is ‘no,’ you’re not alone. Most of today’s businesses rely on so many devices, SaaS tools, and other tech infrastructure that it’s impossible to keep track of it all, and that can lead to […]
COVID-19: Kicking Digital Transformation into Overdrive
While many businesses considered going digital, the COVID-19 pandemic has served as a massive accelerant. Businesses have moved operations remotely, with 43% of U.S. workers working off-site some or all of the time. However, many are experiencing major disruptions due to the unexpected and forced adoption of remote work, as they must quickly scale to […]
Will Companies Embrace Digital Transformation?
Global spending on digital transformation — or the digitalization of business practices, data, and products within organizations — is projected to reach $2.3 billion by 2023. With the future seeming ambiguous, will companies embrace digital transformation? What should companies reimagine in this transformative phase now to be relevant later? In a survey of more than 1,000 executives […]
How to Ensure Your Data is Providing Trustworthy Insights
For building owners and managers, data is the fuel behind their smart building operations. Leveraging the surplus of data that is readily available to them, owners and managers are making informed decisions for their facility that can create long-term performance enhancements and help them achieve goals such as improved efficiency and occupant comfort. Here is […]
Augmented Reality: Transforming Training with Immersive Experiences
Apple’s CEO Tim Cook is all praise for augmented reality. When quizzed about his fascination for AR, during a company’s earnings call meeting, he answered, “I see apps that make me want to go to K-12 again and repeat my schooling because it changes the game in the classroom.” Augmented reality is changing the game, […]
Digital Twin: from Automation to Autonomy
NASA introduced the term “digital twin” in a 2010 technology roadmap describing the tools of space travel. Almost a decade later, “digital twin” has emerged as a key tool. It enables a terrestrial space shot. We are being shown the global Industry 4.0’s evolution of Digital Twin: from automation to autonomy. We talk about “digital […]
People First: The Golden Rule of Retail Digital Transformation
Perhaps, the most common mistake made by retail companies in planning and executing digital transformation is to treat technology acquisition as a goal in itself. You will find that the code of “people first” as the golden rule of retail digital transformation will make great sense if you start to follow this rule. Organizations that […]
“But Why?” Ask These Questions to Actualize Innovation Efforts
In this digital age when all the information in the world is readily accessible at our fingertips, the secret to digital transformation and innovation is not data — it’s questions. If you can ask the right questions and reframe the issues your organization is facing in the right light, then you can challenge assumptions and inspire true innovation […]
4 Ways to Prepare for the Next Wave of Digital Transformation
The next wave of digital transformation is on the horizon — and it’ll be a veritable tsunami. A 2017 SAP report showed that 84 percent of organizations think digital transformation is vital to their success but that only 3 percent have completed their transformation initiatives. This wave will consist of applications built by citizen developers. Soon, these developers will […]
IoT World 2018 – Innovation, Startups, And Awards
Last week held the annual, IoT World Conference in Santa Clara, California. An event that packs in over 12,000 people from around the world to discuss, share, and plan for the next wave of the Internet of Things (IoT). The week was nothing short of insights from industry experts, hackathons, workshops, and global startups showcasing […]
How to Make Sense of Digital Transformation 2.0
Everywhere you look, people are talking about digital transformation — but how much is really left to transform? We all use email, depend on software to keep our financials clean, and keep our Twitter accounts active. Surely, digital transformation is just a fancy term that bloggers use to fill pages? Not quite. Digital transformation refers to the […]
ReadWrite Labs and Tata Communications Host Executive Roundtable on Digital Transformation
Put great minds in one room, and over the course of a dinner, they’ll share some significant insights. This is exactly what happened at an event hosted by ReadWrite Labs and Tata Communications in Silicon Valley this month. The topic on the minds of these thought leaders was Digital Transformation (DX), a concept, challenge, and […]
Enterprises will spend $7 trillion on digital transformation by 2021
Global enterprises will spend more than $7 trillion dollars in the next four years as they struggle to modernize, build a global technology foundation for growth, and support simple, secure, and reliable access to data and services, says the IDC. The big drivers? The usual suspects like cloud initiatives, big data analytics, and mobility. But, […]
Why industrials should be thinking at least a bit about AI
It seems like everyone is talking about artificial intelligence (AI) and machine learning these days. Large, multinational industrials are embracing AI in an effort to make machines smarter, so they can compete effectively in the digital Industrial Revolution that’s well underway. Witness the 2016 article in the MIT Sloan Management Review focusing on how GE […]