From the initial paper to digital transition to entering a new phase of advancements in digital technology, we have come a long way on the path to digital transformation. From everything being about mobile presence and smart phone apps to embracing of Internet of Things and AI-driven data analytics, we are moving toward the [...]
The COVID-19 pandemic has affected over 72% of the world’s student population with the closures of academic institutes in most countries to contain the spread. Although this action was required to ensure the safety of students, teachers, as well as the supporting staff, the closures posed great challenges for [...]
Gartner has placed Multiexperience amongst the top technology trends of 2020. As per the analyst, the multiexperience trend will replace technology-literate people with people-literate technology. Instead of people getting accustomed to the evolving technologies, it will so happen that the technology will evolve to understand the people better. Multiexperience is about leveraging various modalities, digital touchpoints, apps, and [...]
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 [...]
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 [...]
