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These days, for better or worse, we’re often more connected online than offline.
In a world driven by convenience and technology, many service companies continue to rely on processes such as paper receipts, spreadsheets and handwritten notes. While industries like transportation and retail…
In the rapidly evolving landscape of 2024, digital transformation has become a critical imperative for manufacturers. The integration of digital technologies into all areas of business is not just a…
Most organizations see this as an area they can improve but haven’t developed effective processes for doing so. Here’s one.
Experts discuss the pivotal role of AI in enhancing operations, fostering innovation, and shaping the future of business in the UAE’s fast-evolving digital landscape.
Disconnected data is holding back many manufacturers, with research showing that 74% of manufacturing and engineering companies continue to rely on legacy systems and spreadsheets to get tasks done. The…
Industrial companies globally face a conundrum: despite the continuous advance of technologies promising improved productivity and efficiency, productivity growth remains low. Many organizations are struggling to capture the full value of…
In recent years, many businesses have embarked on digital transformation projects with a broad aspiration to increase revenue, lower operational costs, and improve customer satisfaction. Despite the resolve to transform…
The metrics used to evaluate CIOs are stuck in the past, mostly focused on operational excellence. But digital transformation requires more attention to innovation, digital adoption, and customer experience. As…
End-to-end digitalisation is transforming public administration. It enables processes to be handled completely digitally and offers enormous advantages for both public authorities and citizens. But what exactly is behind it?…
As with all market evolutions, the meaning and the framework of the current manufacturing evolution—Industry 5.0—continue to change.
The logistics and supply chain sectors have long been the backbone of global trade. However, in today’s fast-paced, digital-first world, these industries are facing unprecedented pressure to evolve. The rapid…
The great digital transformation is underway. Research in the Harvard Business Review found that almost 90% of large companies globally have undertaken some level of digital transformation. These shifts can help reduce design…
The Internet of Things (IoT) technology plays a vital role in digital transformation. By seamlessly connecting devices, IoT helps modernize firms and enable enhanced business models.
For many years, augmented reality (AR) was often perceived as a technology primarily intended for consumer entertainment. From interactive games such as Pokémon Go to immersive social media filters, AR…
Digital transformation is a foundational change in how an organization delivers value to its customers. Here’s what transformation entails, along with tips to ensure your company is on the correct…
There is no one-size-fits-all solution to enterprise-grade digital transformation. The digital divide is not just an IT problem but spans multiple disciplines like compliance, finance, and operations. Addressing such complex…
Enterprise architects have struggled to deliver business benefits in the digital era. By enlisting them to take part in strategic digital initiatives in ways that play to their strengths, CIOs…
For many IT leaders, keeping up with tech trends that improve company performance is table stakes. Learn about the realities of digital transformation beyond the hype.
If you want to push digital transformation successfully, you need a holistic view of multiple, interconnected aspects. “And when all blocks are in place, then a company can call itself…
Impactful DX requires a business-centric approach supported by the right skills, culture, and strategy. Here’s how to assess whether your digital journey is on the path to success.
Leveraging intelligent process mining is the next stage for enterprises that have adopted digital transformation and are focused on continuous and cyclic improvement in their processes to drive internal efficiencies.
We have seen organizations invest massive amounts into digital transformation efforts over the past few years—driven by a growing urgency to increase productivity and innovation, optimize existing technologies, and leverage AI and…
Transforming an organization is no small feat. However, according to recent studies, the rate of change across several key factors has accelerated by 183% in the past four years, largely driven…
Digital transformation in manufacturing is … complicated. Despite Industry 4.0 existing for decades, McKinsey reports that manufacturers still struggle to transform at scale.
Throughout history, the workforce has had to continuously adapt to the advancements of the time. From the steam engine of the Industrial Revolution to the Internet Boom of the late…
Digital transformation, cloud monetization and the subscription economy are more than just buzzwords. Each of these concepts represents a distinct facet of modern business strategy, but their interconnected nature can…
Digital transformation is critical for small and medium enterprises (SMEs) looking to thrive in today’s fast-changing business landscape. The digital world is growing rapidly, and as technology continues to develop…
Imagine a world where contracts are executed seamlessly without human intervention, reducing costs and enhancing efficiency across industries – from finance to real estate. This is the promise of smart contracts,…
Digital transformation is not a one-size-fits-all endeavor. Every organization is at a different stage of its transformation journey. Some are still relying on manual or even paper-based processes, while others…
Discover common pitfalls in selecting an ERP partner and learn essential criteria for finding the right fit. Avoid costly mistakes by considering system compatibility, cultural alignment, and communication skills. Find…
On July 30, 2024, the Tech For Good Institute participated in the 16th ASEAN and Asia Forum: Integration and Connectivity Amid Global Shifts, organised by the Singapore Institute of International…
When we talk about the pace of change, we are often referring to technological innovation. What about the pace of business, of the HR function, of people, of the daily problems…
SharePoint Intranet is more than just a digital filing cabinet. For marketers, it’s a powerful tool that can revolutionize your work. From streamlining workflows and fostering collaboration to amplifying brand messaging,…
Digital transformation has become a crucial aspect of modern business success. As we move into 2024, companies must adapt to the ever-evolving digital landscape to stay competitive and meet the…
Change is hard, and harder still when you’re not listening to those tasked with making it. Digital transformation, despite being a buzz term in logistics for more than a decade, is…
Luật Giao dịch điện tử mới được ban hành ngày 22 tháng 6 năm 2023 và có hiệu lực từ ngày 01 tháng 7 năm 2024, được kỳ vọng sẽ là…
Inspired by the world of finance, the idea of managing digital projects as a portfolio of IT investments is gaining acceptance among CIOs as it enables them to place several…
Digital transformation doesn’t need to be a never-ending slog – and there are many projects you can complete in less than a year.
As the pressure to innovate increases, so too does the need to quickly modernize applications and infrastructure to ensure your business can capitalize on new opportunities as they arise.
Digital transformation projects can require significant investment in time and money before businesses realize cost savings, revenue growth or productivity improvements. Companies need to plan carefully and present convincing data to…
The landscape of work is undergoing a seismic shift. Jobs that were once stable and secure are being replaced or transformed by emerging technologies, while new roles emerge almost overnight….
I’ve dedicated much of my life to digitally transforming businesses, dragging them, sometimes kicking and screaming. Throughout this time, I tried to understand why so many transformations fail or don’t…
Today, the problem most companies face in executing their digital transformation is not access to technologies but a shortage of workers with digital and data science skills. The demand is growing…
A recent debate in a controversial industry — gambling — illustrates a common dilemma faced by many companies: An incumbent faces a wave of digital disruptors who operate in a…
There is mounting evidence that digital transformation (DTx) is not delivering the goods. For some enterprises, it is going well. But for others, if these exercises are not entirely stalled,…
The relentless ebb and flow of geopolitics, economic and environmental conditions, and fluctuating labor and consumer markets all contribute to today’s fluid and unpredictable global landscape.
The cotton industry helps meet our clothing needs and significantly impacts the global economy by supporting millions of livelihoods. The way we grow and manufacture cotton products has evolved from…
Tasken e-Wallet, also known as budgeting management, is one of the most important modules and an essential process in the financial management of businesses or government organizations. Tasken e-Wallet is an organizational…
Digital transformation can help businesses boost efficiency, make data-driven decisions, reduce operational costs, support employees’ work and better serve customers. Even so, many leadership teams grapple with the challenges of…
The big question for baby boomers and Gen Xers once was, “How many licks does it take to get to the center of a Tootsie Pop?” Today, for Gen Z,…
The role of artificial intelligence (AI) and machine learning (ML) in healthcare has garnered considerable attention in recent years. From clinical documentation to remote patient monitoring, AI/ML technology is finding a foothold…
Regulated industries like healthcare and FinTech always have to adopt technology transformations with caution. AI has the potential to make a profound impact on these industries; however, leveraging AI for…
In 2024, leaders should stop claiming digital transformation is not just about the technology.
Last week I had the pleasure of sitting down with Gene Chao, a technology executive who’s been on the frontline of digital transformation for the past 30 years and who…
In the rapidly evolving era of digitalization, it is obvious that the medical world has drastically changed. All patient delivery methods will be revolutionized through the digitization of healthcare.
Digital transformation: It’s a term we’re all familiar with by now as a buzzword and strategy that organizations have been talking about for well over a decade. Given that—along with…
In the current global business landscape, technology adoption and application have become a necessity to stay competitive and continuously drive performance and growth. As reported by Gartner, 91% of companies across various…
Data is at the heart of any organization. If you’re a policymaker, your data is policy. If you’re a librarian, your data is your book collection. If you’re working in…
In an era dominated by rapid technological evolution, digital marketplaces are helping companies transform, particularly within the telecommunications realm. These platforms, once simple conduits for transactions, now redefine customer engagement,…
Every new year, Americans spend around $30 billion on fitness memberships and another $11.15 billion on home exercise equipment, but 90% of them quit their health club within just three months of joining, and much of…
Like every technology, data management is evolving. Successful companies strive to manage their data efficiently, and much of the focus today remains on digital transformation, which may include incorporating cloud-native…
How can you quantify the benefits of a digital transformation? During my recent tenure as the CEO of Honeywell, we spent significant time, energy, and capital on our IT infrastructure—more…
“Throw out the last transformation plan — we need a new one.”
As Uber turns 15 years old, Airbnb is just slightly ahead at 16 and the granddaddy of them all, Amazon, will be 30 this year, we’ve seen profound changes in…
IMAGINE a world where AI-powered chatbots provide 24/7 support to patients, wearable technology monitors chronic conditions in real-time and telemedicine consultations bring specialist care directly to remote areas. This is…
Businesses are launching ongoing digital transformation journeys to remain competitive and relevant. However, success for your digital transformation initiative depends on more than just implementing the latest technology.
Are you an executive or C-suite leader increasingly concerned by the rise of technology—but unsure how to work your way through digital transformation? As an executive and mindset coach, I’ve…
Long gone are the days when traditional print and broadcast media were considered king; instead, we’ve witnessed a seismic shift towards digital platforms, the power of social media, targeted online…
Digital transformation—a process that has been underway for years—received a major boost as a result of the global pandemic. Companies that had already transformed and digitalized their processes thrived, while…
Most organizations today (93%, according to one study) have adopted or plan to adopt a digital transformation strategy. This strategy must accomplish two things: It must make the process faster…
Today’s most competitive companies are launching digital transformation initiatives that power efficiency while reducing environmental harm. When Forbes Research surveyed manufacturing leaders in 2023, for instance, almost 70% said they’d…
Every company is a technology company. You know this to be true. You’ve heard it for years, informed by the treatises of people like Marc Andreessen (“Software is eating the world”). We’ve been…
Artificial Intelligence is a moment in the economy like few others, on the magnitude of the shift from steam to electricity.
A digital transformation can enhance your business’s customer experience, increase operational efficiency and improve your business model by integrating more modern technology into your business, but without sound, centralized leadership,…
The big question for baby boomers and Gen Xers once was, “How many licks does it take to get to the center of a Tootsie Pop?” Today, for Gen Z,…
Only a few years ago, conversations about artificial intelligence (AI) focused on its ability to predict outcomes through machine learning (ML) and how it enabled us to excel at optimizing…
Businesses are always absorbing new technology. Whether it is electricity, motorized power, assembly lines or the internet, the competitive nature of markets creates the capital motions that propel businesses to…
The challenge of digital transformation is more vital than ever. Indeed, to assimilate the various changes underway while remaining resilient in the face of one crisis after another, new technologies…
In the rapidly evolving world of technology, digital transformation initiatives are increasingly complex, which necessitates a strategic approach that is both agile and anticipatory.
With constantly evolving technology impacting business in a daily capacity, digital transformation has become a top priority for businesses wanting to stay competitive, relevant and successful. However, success hinges on…
Disrupt yourself or risk being disrupted. That’s true in every industry today. But when it comes to the automotive industry, disruption can be a massive opportunity.
In the ever-evolving landscape of contemporary industries, organizations encounter formidable challenges in their quest for a substantial return on investment (ROI) amid the intricate process of digital transformation. The complexities…
Aside from a wealth of creative ideas and deep design and branding experience, today’s CMO must possess digital expertise—not only to build strong brands and drive engagement, but also to…
Covid-19 accelerated corporate investment in the digitization of customer and employee experience, which is unlike anything I’ve seen in my 25-year career in digital transformation. Large companies took on an…
In the dynamic landscape of service-based businesses, particularly in the coaching and consulting industries, the horizon is abuzz with the promise of transformative digital trends in 2024.
Gradually, over the course of the last few decades, the PR industry has transformed beyond recognition. A job that could once be handily accomplished with a Rolodex and a landline…
Right now, it won’t come as a surprise that digital transformation initiatives—reinventing business for the digital age—are a top priority for leaders in every industry. They’ve recognized for some time…
The keys to leaving behind the competition and promoting organizational growth are changing significantly in the pharmaceutical industry – even to the extent where data and technology investments are emerging…
Over the last three years, especially since the emergence of Covid-19, businesses have transformed faster than ever. As a business owner myself, I had to automate many of my processes and make…
Business leaders today are expected to deliver on their priorities faster since entering the age of digital transformation. They have to achieve certain business results, set lofty strategic goals, and…
It’s not news that government leaders and agency operations managers are increasingly expected to do more with less when updating legacy digital tools and integrating new processes. Although the Technology…
Every new year, Americans spend around $30 billion on fitness memberships and another $11.15 billion on home exercise equipment, but 90% of them quit their health club within just three months of joining, and much of…
There’s no shame in stopping to ask a few questions when considering whether to digitally transform your business. Whether it’s determining what needs to change or the more complex question…
More and more, organizations are looking for quicker time to value, lower overall total cost of ownership and lower overall risk. Said another way, they’re looking for greater out-of-the-box value….
As you might have guessed, I find myself amid the intriguing journey of menopause. It’s been quite the ride, full of unexpected twists and turns, revealing new insights about my…
The statistics are grim. According to various surveys, about 70% to 80% of digital transformation projects fail to meet their objectives. They don’t deliver the expected functionality — often, despite…
In an era where technology dictates market trends, understanding the dynamics between digital native companies and traditional firms is crucial. Digital native companies, born in the internet age, are defined…
With today’s speed of innovation, the modern workplace is rapidly transitioning toward digitizing business operations. According to the results of a Foundry study, “93% of organizations have adopted, or have plans…
In the face of market pressures and business model changes, health plans are innovating in ways other companies may find instructive.
