Contrary to the popular belief, digital transformation does not entail the complete uprooting of existing business strategies and framework. Rather, the process is supposed to complement what is already there. A Bain & Co. research found that only 8% of global companies have been able to achieve their targeted outcomes from [...]
Digital transformation has become inevitable for enterprises to stay agile and competitive. The omnichannel interfaces of software forming the core of digital transformation can be made secure by following digital assurance. Successful organizations run with clear business objectives and have the right vision and roadmap to achieve them. They follow proven strategies [...]
iRobot, an advanced technology company, leverages cognitive manufacturing and edge computing within its intelligent robot factory. Based on a six-pronged approach, the robot manufacturer has built a smart system architecture that encompasses intelligent terminal, system management, edge computing node, cloud and cognitive engine, intelligent device unit, and a production line layer. By [...]
Retail banking does not remain untouched from the digital wildfire. As a matter of fact, customer-first banks are en–route their transformational journey to serve their digital-first consumers. The findings of a Business Insider report revealed a tremendous increase in the active digital customers in the third quarter of 2019 as compared to 2018. In the [...]
As enterprises are becoming more consumer-focused, they are formulating strategies that takes care of the needs of their customers. The businesses today are centering their attention on delivering maximum user satisfaction. In the time when quality weighs above everything else, businesses need to ensure that they live up to the benchmarks set by [...]
With the digital awakening of the world, speed has surpassed size in terms of value and necessity. Customer loyalty has become old news. The modern consumers are more quality oriented than brand oriented. They would go where they will get quality products and valuable experiences, at speed. As customer-centricity has [...]
Digital transformation is the high-hanging fruit that all industries are trying to grab. Many embarked on the journey quite some time again and are approaching maturity. Others are just starting out, seeing that it is inevitable and counterproductive to an organization’s success. In order to drive higher efficiency and productivity [...]
As per a recent eMarketer report, digital travel sales will rise up to an estimated USD 855 Billion by 2021. The World Economic Forum’s Digital Transformation Initiative also released a report in which it stated that over the next decade, digitalization of travel industry is expected to create up [...]
Change is inevitable, you can either evolve with it or perish with redundancy. Every century or half, a major revolution swoop on the mankind and bulldoze it to metamorphose. The history is replete with examples of those who tried to resist the change and are consequently, eliminated out of [...]
Change has always been at the center of mankind’s evolution, mapping the journey since the primitive era to this digital age. Continuous experimentation, trials and errors, continuous improvement and integration into everyday life, and then continuous distribution of the experimented, adapted technology has led us to where we stand [...]
