A digital strategy provides a roadmap for digital transformation by outlining investments in talents, processes, and customers to maximize competitive advantage. It specifies visions, actions, and tactics for becoming a digital business. Formulating a digital strategy involves three stages: defining value by gaining commitment, defining goals and investments; launching initiatives with light projects and assembling a digital team; and scaling up through organizing further initiatives, building capabilities, and adopting new operating models. A digital strategy guides a company's transformation through technology adoption and cultural shifts.
Digital Strategy:
How I explained my job as
Digital Strategist, to my mum
Giorgos Yfantis
Marketing & Strategy Manager
www.giorgosyfantis.gr
info@giorgosyfantis.gr
https://twitter.com/GiorgosYfantis
https://gr.linkedin.com/in/GiorgosYfantis
http://www.slideshare.net/GiorgosYfantis
Digital Marketing Trends 2023: How to Come Out on Top?Jomer Gregorio
All set to stay ahead of the competition? Check out the latest digital marketing trends for 2023 and learn how to optimize your strategy. Click now to take your marketing game to the next level!
Full blog here - https://digitalmarketingphilippines.com/digital-marketing-trends-2023-how-to-come-out-on-top/
Digital Marketing Trends and Must Have for 2023 Benu Aggarwal
Sharing latest Digital Marketing trends and must have for 2023.
As we say goodbye to 2022 and welcome in 2023, it is a great time to review noticeable changes in search and consumer behaviors and next year plan for key digital marketing initiatives. In this webinar, we have discussed most significant search, digital marketing & consumer trends, and the must-haves for digital marketers in 2023.
https://vimeo.com/778999690 (Video)
Digital Strategy:
How I explained my job as
Digital Strategist, to my mum
Giorgos Yfantis
Marketing & Strategy Manager
www.giorgosyfantis.gr
info@giorgosyfantis.gr
https://twitter.com/GiorgosYfantis
https://gr.linkedin.com/in/GiorgosYfantis
http://www.slideshare.net/GiorgosYfantis
Digital Marketing Trends 2023: How to Come Out on Top?Jomer Gregorio
All set to stay ahead of the competition? Check out the latest digital marketing trends for 2023 and learn how to optimize your strategy. Click now to take your marketing game to the next level!
Full blog here - https://digitalmarketingphilippines.com/digital-marketing-trends-2023-how-to-come-out-on-top/
Digital Marketing Trends and Must Have for 2023 Benu Aggarwal
Sharing latest Digital Marketing trends and must have for 2023.
As we say goodbye to 2022 and welcome in 2023, it is a great time to review noticeable changes in search and consumer behaviors and next year plan for key digital marketing initiatives. In this webinar, we have discussed most significant search, digital marketing & consumer trends, and the must-haves for digital marketers in 2023.
https://vimeo.com/778999690 (Video)
Digital Marketing Strategy presentation for the KitKat brandKnowcrunch
Knowcrunch graduates of the Masterclass in Digital & Social Media in Athens (Sept '22), worked for three months and presented a complete digital & social media marketing strategy for the KitKat brand.
Top Social Media Marketing Trends to Follow in 2023Jomer Gregorio
2023 is here and it's time to take your social media marketing strategy to new heights. From Tiktok's domination to the growing popularity of live videos, our article covers the top social media marketing trends you need to know to stand out in this crowded space. Keep your brand ahead of the curve by checking this presentation.
Full blog here - https://whitelabelseoagency.net/top-social-media-marketing-trends-to-follow-in-2023-infographic/
Compiled by Kurio & thenetworkone
The contributing experts and agencies are : Michał Kaliściak, Head of Content & Moderation, 180heartbeats +JUNG v MATT (PL), Kevin Fernandez, Social Media Producer, Adolescent Content (USA), Mar Camps, Digital Director, Atrevia (ES), Emily Ostrowska, Social Strategist, Culture (NZ), Adaobi Ugoago, Senior Creative Strategist, Day One Agency (USA), Silvia Tasso, Senior Digital Strategist & Francesca Trevisan, Digital Strategist, Different (IT), Jemma Parkin, Senior Account Manager, The Hallway (AU), Monika James, General Manager, Healthy Thinking Group Asia (SG), James Hebbert, Managing Director, Hylink UK (CH/UK), Lukas Hardy, Social Media Manager & Pancho González, Chief Creative Officer, Inbrax (CL), Oana Oprea, Head of Digital Planning, Jam Session (RO), Megan Perks, Executive Creative Director, Joe Public United (SA), Amy Bottrill, Social Account Director, Launch (UK), Gaby Arriaga, Founder, Leonardo1452 (MX), Rajesh Mehta, Chief Strategy Officer & Dhruv Gaur, Consultant, Digital Marketing, Medulla Communications (IN), Shannon Osborne, Head of Digital, Osaka Labs (UK), Lucas Florian, Unit Director, PIABO (DE), Kei Obusan, Senior Data and Insights Manager, Radarr (SG), Carol Chan, Managing Director, Comms8 (UK/HK), Presh Hunder, Social Media Manager & Jide Agbana, Product Marketing Manager, Enterfive (US / UK / NRA), Christopher Dimmock, SVP Integrated Strategy, Abelson Taylor (USA)
Let’s be honest, the past two years have been unpredictable and it has radically changed the way we market. As a result, social media continues to grow exponentially in popularity forcing companies to change the way they do business. It’s more important than ever for brands to understand shifting customer needs and find new ways to capture growth opportunities. Start the year off right and capitalize on what’s trending in 2022 for social media and digital marketing.
In this webinar we'll dive into:
- Social media trends for an exciting 2022
- New popular social media and digital marketing strategies
- Catching and keeping customer attention in the new year
Digital 2023 Global Overview Report (Summary Version) (January 2023) v02DataReportal
All the latest stats, insights, and trends you need to make sense of how the world uses the internet, mobile devices, social media, and ecommerce in January 2023. For more reports, including the latest global trends and in-depth local data for more than 240 countries and territories around the world, visit https://datareportal.com
Social Media Marketing Trends to Follow in 2023Arik Hanson
“What social media trends should I keep my eye on in the coming year?” It’s a question on all our minds heading into 2023. In this 50+ minute presentation, Arik shares 10 social media trends he thinks will emerge—based on research, data and real-world examples. Now in his 6th year of giving this presentation, this prezo will give you some fresh ideas and approaches to chew on that you can integrate into your plans for 2023.
Knowcrunch graduates of the Masterclass in Digital & Social Media in Thessaloniki (April '22), worked for three months and presented a complete digital & social media marketing strategy for a brand.
Learn more about this awesome course: http://bit.ly/2SE4EFl
Social media has become an integral part of our daily lives. Whether it is sharing an Instagram story with your friends, shopping via a Facebook ad, or watching a weekly vlog by your favorite YouTube influencer, or retweeting an interesting tweet by a politician: social media is no longer just used to maintain contact with your friends and family. Nowadays, companies and organizations have incorporated social media channels into their DNA, as they recognize that social media is essential to get in touch with specific target groups and effectively present themselves to the world.
Digital 2022 United Arab Emirates (February 2022) v01DataReportal
All the data, statistics, and trends you need to make sense of digital in the United Arab Emirates in 2022. Includes the latest reported numbers for internet users, social media users, and mobile connections in the United Arab Emirates, as well as key indicators of ecommerce use. For more reports, including the latest global trends and individual data for more than 230 countries around the world, visit https://datareportal.com/
Knowcrunch graduates of the Professional Diploma in Digital & Social Media in Athens (September '21), worked for three months and presented a complete digital & social media marketing strategy for a brand.
Learn more about this awesome course: http://bit.ly/2SE4EFl
Digital Marketing Strategy for Cedars Sinai Knowcrunch
Knowcrunch graduates of the Masterclass in Digital & Social Media in Athens (January '22), worked for three months and presented a complete digital & social media marketing strategy for a brand.
Learn more about this awesome course: http://bit.ly/2SE4EFl
Marketing has evolved at a rapid pace over the past 12 months. There has been an increased emphasis on providing a great customer experience across multiple channels. Recently, we’ve noticed a clear shift toward digitalization and more automated ways for brands and customers to interact.
AI technology is another significant growth area; it has taken personalization to a more advanced level and saved marketers time in creating their email campaigns, articles, ads, and landing pages while also improving performance results.
During the past year, data privacy concerns have also increased, and this has led companies to be more transparent about the way that data is gathered and processed, including the replacement of third-party cookies with first-party cookies.
As for SEO, we’ve seen a noticeable evolution; machine learning has made the processing of data more and more advanced. For example, Google has started showing more relevant search queries that SEO marketers are looking for to drive organic traffic to their websites, based on analyzing tons of historical search results. This advancement is due to machines used by Google that humans couldn’t process because of the big amount of data analyzed. For example, Rankbrain is a machine learning AI algorithm used by Google to sort search results.
There are also a number of trends from recent years which look set to continue in popularity in 2023, including minimalist design, UGC, influencer marketing, artificial intelligence and machine learning.
However, there are a number of additional trends in AI and machine learning, advertising, SEO, social media, and ecommerce, that look set to be dominant in the coming year which we will discuss in this webinar.
We will cover:
1. 2022 in review
2. The main digital marketing trends for 2023
3. VBOUT’s resources to help you prepare for the upcoming year
Digital Marketing Trends and Must-Have Solutions for 2023 Milestone Inc
Here's a perfect recipe for search marketing strategies, digital marketing and consumer trends, along with the must-haves for search marketers in 2023.
Digital Marketing Trends 2023- Shereen BadrShereen Badr
We’re nearing the End of 2022 – that means preparing for your 2023 marketing game plan. Digital marketing topics gaining headlines include video content overtaking traditional web content, rising privacy concerns, and sales funnel marketing morphing. I’ve assembled the digital marketing trends for 2023 from a variety of trusted research sources
Top Social Media Trends You Need to Know About for 2022Falcon.io
As marketers, we’ve all experienced some amazing highs, and some well, not so amazing lows. That’s why we want to discuss social media trends that you should focus on as we transition into a (promisingly) less turbulent 2022.
Incredible things are happening all over the world. Each and every one of us are getting closer and closer to a new normal that provides a mixture of both pre-pandemic and post-pandemic lifestyles. There are clear positive trends and shifts emerging, which will impact how we conduct our marketing activities in the near future. Join us to discuss how we can tackle 2022 one social media marketing trend at a time.
The Essential Elements and Tips for Implementing a Successful Digital Transfo...PetaBytz Technologies
Digital Transformation Services will assist you and your organization by focusing on the critical elements that all effective digital transformations share.
Digital Marketing Strategy presentation for the KitKat brandKnowcrunch
Knowcrunch graduates of the Masterclass in Digital & Social Media in Athens (Sept '22), worked for three months and presented a complete digital & social media marketing strategy for the KitKat brand.
Top Social Media Marketing Trends to Follow in 2023Jomer Gregorio
2023 is here and it's time to take your social media marketing strategy to new heights. From Tiktok's domination to the growing popularity of live videos, our article covers the top social media marketing trends you need to know to stand out in this crowded space. Keep your brand ahead of the curve by checking this presentation.
Full blog here - https://whitelabelseoagency.net/top-social-media-marketing-trends-to-follow-in-2023-infographic/
Compiled by Kurio & thenetworkone
The contributing experts and agencies are : Michał Kaliściak, Head of Content & Moderation, 180heartbeats +JUNG v MATT (PL), Kevin Fernandez, Social Media Producer, Adolescent Content (USA), Mar Camps, Digital Director, Atrevia (ES), Emily Ostrowska, Social Strategist, Culture (NZ), Adaobi Ugoago, Senior Creative Strategist, Day One Agency (USA), Silvia Tasso, Senior Digital Strategist & Francesca Trevisan, Digital Strategist, Different (IT), Jemma Parkin, Senior Account Manager, The Hallway (AU), Monika James, General Manager, Healthy Thinking Group Asia (SG), James Hebbert, Managing Director, Hylink UK (CH/UK), Lukas Hardy, Social Media Manager & Pancho González, Chief Creative Officer, Inbrax (CL), Oana Oprea, Head of Digital Planning, Jam Session (RO), Megan Perks, Executive Creative Director, Joe Public United (SA), Amy Bottrill, Social Account Director, Launch (UK), Gaby Arriaga, Founder, Leonardo1452 (MX), Rajesh Mehta, Chief Strategy Officer & Dhruv Gaur, Consultant, Digital Marketing, Medulla Communications (IN), Shannon Osborne, Head of Digital, Osaka Labs (UK), Lucas Florian, Unit Director, PIABO (DE), Kei Obusan, Senior Data and Insights Manager, Radarr (SG), Carol Chan, Managing Director, Comms8 (UK/HK), Presh Hunder, Social Media Manager & Jide Agbana, Product Marketing Manager, Enterfive (US / UK / NRA), Christopher Dimmock, SVP Integrated Strategy, Abelson Taylor (USA)
Let’s be honest, the past two years have been unpredictable and it has radically changed the way we market. As a result, social media continues to grow exponentially in popularity forcing companies to change the way they do business. It’s more important than ever for brands to understand shifting customer needs and find new ways to capture growth opportunities. Start the year off right and capitalize on what’s trending in 2022 for social media and digital marketing.
In this webinar we'll dive into:
- Social media trends for an exciting 2022
- New popular social media and digital marketing strategies
- Catching and keeping customer attention in the new year
Digital 2023 Global Overview Report (Summary Version) (January 2023) v02DataReportal
All the latest stats, insights, and trends you need to make sense of how the world uses the internet, mobile devices, social media, and ecommerce in January 2023. For more reports, including the latest global trends and in-depth local data for more than 240 countries and territories around the world, visit https://datareportal.com
Social Media Marketing Trends to Follow in 2023Arik Hanson
“What social media trends should I keep my eye on in the coming year?” It’s a question on all our minds heading into 2023. In this 50+ minute presentation, Arik shares 10 social media trends he thinks will emerge—based on research, data and real-world examples. Now in his 6th year of giving this presentation, this prezo will give you some fresh ideas and approaches to chew on that you can integrate into your plans for 2023.
Knowcrunch graduates of the Masterclass in Digital & Social Media in Thessaloniki (April '22), worked for three months and presented a complete digital & social media marketing strategy for a brand.
Learn more about this awesome course: http://bit.ly/2SE4EFl
Social media has become an integral part of our daily lives. Whether it is sharing an Instagram story with your friends, shopping via a Facebook ad, or watching a weekly vlog by your favorite YouTube influencer, or retweeting an interesting tweet by a politician: social media is no longer just used to maintain contact with your friends and family. Nowadays, companies and organizations have incorporated social media channels into their DNA, as they recognize that social media is essential to get in touch with specific target groups and effectively present themselves to the world.
Digital 2022 United Arab Emirates (February 2022) v01DataReportal
All the data, statistics, and trends you need to make sense of digital in the United Arab Emirates in 2022. Includes the latest reported numbers for internet users, social media users, and mobile connections in the United Arab Emirates, as well as key indicators of ecommerce use. For more reports, including the latest global trends and individual data for more than 230 countries around the world, visit https://datareportal.com/
Knowcrunch graduates of the Professional Diploma in Digital & Social Media in Athens (September '21), worked for three months and presented a complete digital & social media marketing strategy for a brand.
Learn more about this awesome course: http://bit.ly/2SE4EFl
Digital Marketing Strategy for Cedars Sinai Knowcrunch
Knowcrunch graduates of the Masterclass in Digital & Social Media in Athens (January '22), worked for three months and presented a complete digital & social media marketing strategy for a brand.
Learn more about this awesome course: http://bit.ly/2SE4EFl
Marketing has evolved at a rapid pace over the past 12 months. There has been an increased emphasis on providing a great customer experience across multiple channels. Recently, we’ve noticed a clear shift toward digitalization and more automated ways for brands and customers to interact.
AI technology is another significant growth area; it has taken personalization to a more advanced level and saved marketers time in creating their email campaigns, articles, ads, and landing pages while also improving performance results.
During the past year, data privacy concerns have also increased, and this has led companies to be more transparent about the way that data is gathered and processed, including the replacement of third-party cookies with first-party cookies.
As for SEO, we’ve seen a noticeable evolution; machine learning has made the processing of data more and more advanced. For example, Google has started showing more relevant search queries that SEO marketers are looking for to drive organic traffic to their websites, based on analyzing tons of historical search results. This advancement is due to machines used by Google that humans couldn’t process because of the big amount of data analyzed. For example, Rankbrain is a machine learning AI algorithm used by Google to sort search results.
There are also a number of trends from recent years which look set to continue in popularity in 2023, including minimalist design, UGC, influencer marketing, artificial intelligence and machine learning.
However, there are a number of additional trends in AI and machine learning, advertising, SEO, social media, and ecommerce, that look set to be dominant in the coming year which we will discuss in this webinar.
We will cover:
1. 2022 in review
2. The main digital marketing trends for 2023
3. VBOUT’s resources to help you prepare for the upcoming year
Digital Marketing Trends and Must-Have Solutions for 2023 Milestone Inc
Here's a perfect recipe for search marketing strategies, digital marketing and consumer trends, along with the must-haves for search marketers in 2023.
Digital Marketing Trends 2023- Shereen BadrShereen Badr
We’re nearing the End of 2022 – that means preparing for your 2023 marketing game plan. Digital marketing topics gaining headlines include video content overtaking traditional web content, rising privacy concerns, and sales funnel marketing morphing. I’ve assembled the digital marketing trends for 2023 from a variety of trusted research sources
Top Social Media Trends You Need to Know About for 2022Falcon.io
As marketers, we’ve all experienced some amazing highs, and some well, not so amazing lows. That’s why we want to discuss social media trends that you should focus on as we transition into a (promisingly) less turbulent 2022.
Incredible things are happening all over the world. Each and every one of us are getting closer and closer to a new normal that provides a mixture of both pre-pandemic and post-pandemic lifestyles. There are clear positive trends and shifts emerging, which will impact how we conduct our marketing activities in the near future. Join us to discuss how we can tackle 2022 one social media marketing trend at a time.
The Essential Elements and Tips for Implementing a Successful Digital Transfo...PetaBytz Technologies
Digital Transformation Services will assist you and your organization by focusing on the critical elements that all effective digital transformations share.
5 essential tips for successful digital transformation strategies in 2021OrangeMantra Tech
For business enterprises, Digital Transformation Solutions are highly important to achieve the desired success and remain competitive. But before implementing the change it becomes crucial to know about the important tips. The intent of this blog post was to discuss all the major digital transformation tips to make you realize that the change will come with technology inclusion.
The Future of Business: Trends in Digital TransformationQurinom Solutions
Digital transformation is the process of integrating digital technology into all aspects of a business, fundamentally changing how it operates and delivers value to customers. This transformation involves utilizing digital tools and technologies to streamline operations, improve efficiency, and enhance the overall customer experience. By embracing digital transformation, businesses can stay competitive in today's fast-paced, technology-driven world.
A solid digital strategy is built on a foundation of vision, customer centricity, data-driven decision-making, technology, agility, people, change management, and continuous improvement. When combined, these components form a dynamic foundation that enables organisations to not only survive but also grow and take the lead in the digital era.
Enterprise Digital Transformation_ Your Guide To Success.pdfLucas Lagone
Explore the importance of enterprise digital transformation. Learn key components and roadmaps for success. Overcome challenges in your journey with our guide.
Original Source: https://www.nevinainfotech.com/blog/enterprise-digital-transformation-your-guide-to-success/
5 Steps to Effectively Handle Digital Transformation and Business Disruption:...SVRTechnologies
Digital technology continues to change the business world dramatically. This article provides business and IT leaders’ helpful tools to drive and manage digital transformation effectively.
[Earley] Building a Successful Digital Transformation RoadmapDuy, Vo Hoang
Digital transformation will be a top priority for boardroom
executives during 2016. Here are some data points:
• 125,000 enterprises expect revenue from their digital
initiatives to increase by 80% by 2020 (Gartner)
• Digital transformation initiatives will more than double by
2020, from 22% to almost 50% (IDC)
• Only 27% of businesses have a coherent digital strategy for
creating customer value in place (Forrester)
Are you ready for digital transformation? Do you have a digital
transformation roadmap? Does it lay a solid foundation for a
successful transition to your future digital business? In order to
succeed, you need to start with a current assessment, identify
gaps and define the actions and resources required to fill those
gaps along the four paths of people, process, technology and
content.
You’ve seen the future for your organisation and it's unquestionably digital. But then the questions start: Who goes on the journey? How do you lead them along? What direction? How fast? What’s the path? Is the journey the same for everyone throughout the business?
Embarking on a Digital Transformation (DT) strategy can seem daunting enough. But when you apply that strategy to large teams, the numerous complexities and variables can make the whole project appear just too exhausting a proposition to even bother taking the first step, let alone all those steps that must inevitably follow if it is to succeed.
So how do you bring your team on the journey?
Successful Digital Transformation starts with a well defined StrategyGlen Alleman
Leading successful Digital Transformation projects cannot be successful without a Strategy for their success.
This briefing shows how to develop and apply a Strategy for Program Success through clear and concise descriptions of the strategic outcomes, Measures of Effectiveness and Performances, and identification of Value needed to meet business goals in a timely manner for the needed budget.
How to Get Started with Digital Transformationbasilmph
Digital transformation has become a critical necessity in today's business landscape. A McKinsey study underpins that to remain competitive, businesses must adapt and innovate. It not only enhances operational efficiency but also brings about improved customer experience. Digital transformation strategy can open up new revenue streams, improve staff productivity, and enable quick decision-making.
The burgeoning digital transformation and the challenges involvedEnov8
Many organisations have started their ambitious journey in order to reshape their existing market and open the doors to the treasure trove. Enov8 brings down to you the key challenges faced by the organisations which need to be overcome in order to have a successful transition.
The world is moving aggressively towards being digital. This makes is important for you to adopt effective Digital Transformation.
Learn more:- https://bit.ly/3dwViEI.
Digital Transformation Strategy - MIT ID InnovationPankaj Deshpande
Here are some steps that you can follow to create a successful and effective digital transformation strategy.
For more details, visit : https://mitidinnovation.com/recreation/how-to-develop-a-digital-transformation-strategy/
Are you a Digital Transformation leader? Can you create a high-performance strategy in the digital age? Have you got what it takes to avoid the tumbling barrels of distracting digital tactics, over hyped technology or the belief that your market is immune to disruption? Have you allocated the right resources to deliver a focused plan of transformation?
Reading this paper will give you a better idea of how technology has so far transformed the business landscape, what you need to do with your own digital transformation, and what to look for in 2020.
The intricacies of TPBank’s system have posed a significant challenge for the testing team to conduct comprehensive quality checks. To solve the problems, the bank engaged with KMS Solutions, a premier technology consulting and service provider with proven software testing expertise in BFSI - for a personalised strategy to automate the testing process and enhance the team’s expertise.
In today's fast-paced digital world, with the increasing reliance on software in nearly every aspect of our lives, the demand for high-quality digital solutions adapting to changing needs of users and stakeholders has never been greater.
Brands are in the race to accelerate their development process and differentiate themselves by providing advanced customer experiences. Modern software engineering emphasizes the use of Agile methodologies, DevOps practices, and continuous integration and delivery pipeline to streamline the software development process and deliver a product that meets the specified requirements and quality goals.
Due to the high development velocity and high complexity of its newfound project, GIC Real Estate Analytics project was searching for a competent partner with proven capabilities in Test Automation.
Subscribe to insightful whitepapers at: https://kms-solutions.asia
With the advanced technologies such as biometrics verification and cryptographic keys, IT around the world is moving towards passwordless authentication for its apps.
Subscribe for more insightful report at: https://kms-solutions.asia/
In today’s digital era where businesses hurry to build new digital products, Software Testing becomes an integral part of that endeavor. Applying software testing properly and with the right tools, Software Testing can speed up the entire Software Development Life Cycle (SDLC) and thus accelerate Digital Transformation efforts. As an indispensable part of SDLC, the Software Testing Life Cycle (STLC) provides a step-by-step roadmap for the entire testing process. The STLC will be the central theme of this paper, which gives an overview of STLC, its key phases and activities involved in each phase, as well as the common principles of STLC.
To appeal to its customers who are increasingly digital-savvy, Asia Commercial Bank (ACB) wants to prioritize its mobile-first strategy. The first step is to build mobile banking applications that center on customer experience.
A core banking system (CBS) is a central system dedicated to the processing of banks’ transactions. It also handles accounts, securities, payments of loans, and so on. A Core Banking Transformation, in turn, is the process of replacing, upgrading, or outsourcing this core system. As CBS is the very heart of a bank, transforming it has a high chance of disrupting day-to-day operations. In the face of such costly disruptions, software testing can act as a reliable safeguard. This paper offers the strategies that QA teams can adopt to mitigate the risk and thus ensure the success of this radical transformation.
Building a truly digital banking model remains a challenge for most domestic banks. While it’s true that there is no such thing as a sure recipe for success, some key ingredients are essential to a successful digitized bank. They are the SIX imperatives of digital banking that we will discuss in this whitepaper.
It’s clear how Incumbent banks are met with unprecedented market forces. Fintech and neobanks—new financial players that offer more and more exciting financial products—are eating up banking market shares. Meanwhile, the growing use of alternative payments such as PayPal, Samsung Pay, Apple Pay, and so on points to the fact that customers are finding traditional banks inconvenient and untrustworthy. At the same time, people are walking away from physical branches; instead preferring mobile banking for ease and convenience, according to a recent report by Backbase. On top of that, the government continues to encourage Digital Banking, made apparent by the government’s recent directives. These factors may sound like twists and turns that took traditional banks by surprise, yet they point to the refusal to change and innovate in the face of digital disruption. Now that change becomes a matter of life and death for banks, there’s an evident need for a shift in mindset and principle called Design Thinking. This paper looks over the relevance and application of Design Thinking in the banking sector. You will also get to explore how some current banks are applying this method. The promise of Design Thinking for banks proves beyond doubt. Now let’s dive in.
More and more customers are seeing mobile as their banking channel of choice, proven by a growing body of papers. To cite some, Cimigo revealed that for every 10 respondents who are Vietnamese consumers, 3 are using some forms of e-payments including mobile banking application and e-Wallet. Or Backbase predicted that mobile transactions in Vietnam will increase by 300% between 2021 and 2025, driven by mobile payments. As banks build more creative features and integrate with third-party financial products, mobile banking application is no longer a tool for remote money transaction; it has become a financial lifestyle platform that offers a single hub for all banking services. In this article, we get to explore various innovative features that a bank might consider for its mobile banking application, with the goal to keep up with the Digital Banking upsurge.
An Ultimate Guide to Continuous Testing in Agile Projects.pdfKMSSolutionsMarketin
As more businesses apply Continuous Integration and Continuous Delivery (CI/CD) to release their software faster, Continuous testing becomes the final piece that completes a continuous development process. By automatically testing code right after developers submit it to the repository, testers can locate bugs before another line of code is written.
Digital technologies have deconstructed market structures that were once firmly established. Not only did they introduce new types of business models, but they also crippled the old ones - as is evidenced by several cases, such as those of Apple and Nokia, or Uber and traditional taxi businesses.
Today, every business faces the following 2 challenges, which digital technologies can help to tackle:
1. Bringing down costs to compete. Technologies have progressed fast: Cloud computing replaced proprietary data centers, and pocket mobile devices are now favored over cumbersome desktops. With the right technologies in place, businesses can scale up and perform more efficiently, ultimately cutting operational costs.
2. Building digital platforms to adapt to the changing competitive landscape. Customers and employees are the 2 drivers of changes: their demands have changed, which requires businesses to change accordingly to adapt. For example, customers expect intuitive online shopping experience, while employees ask for productive and engaging workplace experience. Businesses can meet these demands only if they leverage digital platforms.
This paper will examine the changing face of technologies, learn how digital platforms have inspired digital transformation, and discuss the architecture of a digital platform.
For a decade, SCORM (Sharable Content Object Reference Model) has been an industry standard for computer-based learning and online education. It's been a universal language between computer systems, which is typically referred to as the Learning Management System (LMS). The SCORM standard enables all eLearning content and LMSs to work with each other. Also, it lets content authors distribute their content to a variety of LMSs. But over time, SCORM reached its limit. It’s true that SCORM can work okay as long as the learners sit in front of a computer and take a ready-made course. Yet in today's world, learning has grown beyond the computers. Learners have different ways to learn such as watching a video, reading content on websites, writing an article, searching through the knowledge base, posting a thread and discussing it on a forum, building personal projects, and so on. Learning can happen anytime and anywhere—via learners’ phones and tablets, via Youtube, Linkedin, or any potential technologies that may emerge along their learning paths in the future. This paper discusses the evolution of eLearning standards and explores the future trends of the learning ecosystem.
eKYC solution is one of the core pillars of the Digital Banking model.
Now when most banks are relying on mobile apps to interact with
customers, an end-to-end eKYC solution is the more relevant venue to onboard customers than manual processing that is traditionally conducted at bank offices. Recent findings by J.D. Power study revealed that 31% of new account openings are done on a mobile banking app or bank’s websites, an increase of 22% compared to 2019. But in reality, banks seem not to do so well with eKYC since according to Signicat, 40% of customers surveyed have abandoned their online applications halfway. The reason is straightforward: a majority of banks find their eKYC Solutions unsuitable.
With a multitude of providers out there, each talks big about how
comprehensive their eKYC solution is, it can be hard to tell the good from the bad one.
This article will walk you through a number of key considerations when evaluating vendors for your eKYC solution. You will also find some tactics to question your bidders.
While traditional banks contend with inflexible legacy IT systems, the transformational ones deploy Agile methods to significantly reduce their time to value and make the organization more flexible as a whole.
Transformation is difficult and digital transformation is even harder.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
2. Intro.
A successful Digital Transformation must stand on a successful Digital Strategy as
its basis.
Essentially, Digital Strategy is about making wise investments into all aspects of
Digital Transformation, be it the talents, processes, or customers—with the end
goal of maximizing competitive advantage, profits, and ultimately growth that
companies expect when initiating their Digital Transformation. The concept of
Digital Strategy has changed fast. A couple of years ago, it was as simple thought as
“let’s build a website and an app, and it’s done”. But now Digital Strategy has grown
beyond that; it has become an integrated plan that does not only involve the
adoption and development of new technologies but also requires a shift in
business culture and coordination across the business.
While a Digital Strategy acts as a guiding star for Digital Transformation,
formulating it can inundate companies with even more problems rather than
solutions. The need for a well-defined digital strategy seems absolute, yet many
don’t know where to start, and others fail for a lot of pitfalls when compiling it.
If your company is in this same situation, this paper can help, where you find the
step-by-step guide to formulating a digital strategy.
Digital Strategy: Delineate a Roadmap for your Digital Transformation
01
3. Digital Strategy in the context
of Digital Transformation.
A Digital Strategy is comprehensive
plans for adopting new digital
technologies to achieve new business
outcomes, either by building new digital
products or digitizing the current
process. A Digital Strategy is the
roadmap for companies to become a
truly digital business and the foundation
for a successful Digital Transformation as
it specifies clear visions, actions, and
tactics that the company must adopt to
enable the necessary changes. A Digital
Strategy prompts changes in three major
dimensions: customer experience,
operational efficiency, and business
models. Formulating a digital strategy is
the starting point of the transformation
process, and ensures that the company is
using the right technology in a way that
supports the larger business objectives.
More often than not, a Digital Strategy is
a blind embrace of exciting technology
such as a new web site, new mobile
application or an AI technology.
Businesses can be distracted, attempts
to create strategy that includes as many
new technologies as possible. The
correct view of Digital strategy is a plan
of action designed to achieve business
goals via the implementation of digital
initiatives.
Part 1
Digital Strategy: Delineate a Roadmap for your Digital Transformation
02
4. Step-by-step Guide to
Digital Strategy.
Part 2
Digital Strategy: Delineate a Roadmap for your Digital Transformation
Acquire leaders’
commitmemt
Define goals
Acquire
investment
Begin with light-
house project
Assemble a
digital team
STAGE 1
DEFINING VALUE
Build a digital
culture
Organize digital
initiatives for
quick return
Build digital
capabilities
Adopt a new
operating model
1
2
3
4
5
6
7
8
9
10
Re-organize to adopt
agile operations
STAGE 2
LAUNCH &
ACCELERATION
STAGE 3
SCALING UP
03
5. Digital Strategy: Delineate a Roadmap for your Digital Transformation
DEFINING VALUE
A company must place Digital Transformation
at the core of every initiative if they were to
set their digital strategy on the right course.
It’s no less important to predict how employ-
ees will react to this endeavor: will they go
along with the strategy or not? Or if they do go
along, would they be happy? To get everyone
onboard, the very first step is to show them
the value that Digital Transformation could
bring. A company knows it’s going in the right
direction if the commitment of senior leaders
is acquired, investments are carefully allocat-
ed, and clear goals are formulated.
Acquire leaders’ commitment
A digital strategy will be short-lived without
the commitment of the C-level and leadership
team. This may sound like a no-brainer since it
seems that the dedication of senior managers
is the solution to any project. However, com-
mitment is not the same thing as approval. In
other words, a C-executive’s job is not simply
nodding and signing to everything that is
proposed to him. Quite the contrary, leaders
must be the evangelist of Digital Transforma-
tion, who communicates clear visions and
objectives of the digital strategy. They
endorse the Digital Strategy as the top priority
across the organization: making other top
managers accountable, and making it impossi-
ble for employees to neglect the transforma-
tion.
Define goals
Major investments must be linked to clear
targets. This step has three aims. First, it
includes in the digital strategy the impact of
digital technologies once they are implement-
ed. Without such clear targets, leaders and
employees will find it difficult to accept that
the inefficient old ways are harmful and that
the new digital initiatives have the potential to
deliver new business outcomes. Second, by
imposing clear targets, a digital strategy can
prevent conflicts and opposition if the going
ever gets tough. Third, discipline and commit-
ment are enforced during the process of
implementing the digital strategy.
Targets can be categorized as primary and
secondary. Primary targets are high-level and
directly related to the benefits of sharehold-
ers. They are cost reduction, operational
efficiency, and customer experience. Second-
ary targets are more diverse, their goals are to
support the primary ones. They are the
frequency of each product release, the
percentage of processes that will be automat-
ed, the number of test cases that will be auto-
matically executed, and the degree of person-
alization that can be attained.
Acquire investment
A digital strategy will need to deploy substan-
tial investment. Typically, companies with
legacy systems will likely need to double their
spending and investment into IT in at least the
first five years of Digital Transformation. As a
result, investments related to Digital Transfor-
mation will lead to lower profits in the short
term. But they will bring major advantages in
the longer term. Knowing this will help greatly
in budgeting and planning for your digital
strategy.
04
6. Digital Strategy: Delineate a Roadmap for your Digital Transformation
LAUNCH &
ACCELERATION
Launching digital initiatives only accounts for
half of Digital Transformation. Keeping them
accelerated for lasting value is equally import-
ant. More than often, businesses implement
digital technologies only to see employees
reject them after some time, and the legacy
way of operating comes back.
To make sure that the efforts are invested and
momentum is built on a continuous basis, a
digital strategy needs to specify which initia-
tives to start first and the investments into
them with the internal and external resources.
Key enablers to launch the digital strategy
include a full-fledged digital team, a proper
organization structure, and a digital culture.
Begin with lightweight projects
To ensure the feasibility and profitability of
digital strategy, piloting is highly recommend-
ed. To pilot, companies should first launch
lightweight certain projects that provide
potential rewards and have manageable risk.
These projects can be the redesign of certain
small-scale processes or the adoption of
certain tools with low impacts on the current
state of the business.
Assemble a digital team
The digital team, typically under the manage-
ment of a CDO, will be the executor of the
Digital Transformation project. A digital team
contains cross-functional professionals that
gather different types of key expertises to get
Digital Transformation up and running. At this
stage, the digital strategy identifies all these
roles, their duties, and responsibilities.
The role of CDO cannot be overstated as
he/she will be the one who governs, facilitates,
and ensures communication for the team. In
addition, the CDO will determine the order of
the digital initiatives that need to be imple-
mented, supervise progress, and ensure that
the day-to-day tasks are executed as needed.
The other roles will vary depending on various
factors, which could be the unique goals of the
company or the sector it operates in. However,
there are certain critical roles: project manag-
er, digital architect, tester, business analyst,
data scientist, domain-specific expert, CX
expert.
Assembling the digital team can be a challenge
due to the competition in the talent market.
Most companies are still struggling to source
key professionals such as data scientists or
ML/AI engineers. One way is to hire a distin-
guished expert in the field, who will act as the
magnet attracting other talents.
Re-organize to adopt agile operations
How a company is organized largely deter-
mines the viability of its digital transformation.
However, reinventing an entire organization
seems unattainable. Considering that, compa-
nies can instead build an independent unit that
is dedicated to implementing the digital strat-
egy, such as the digital team. This digital unit is
responsible for not only the implementation
but also the promotion of new ways of work-
05
7. ing essential to Digital Transformation: agile
product development or test-and-learn men-
tality.
This dedicated unit can also aid in attracting
and retaining other experts, while encourag-
ing the like-minded colleagues to commit to
the strategy.
Nevertheless, building a separate digital team
does not necessarily solve the problems of
culture or talent. For example, if a company
chooses to hire new professionals altogether,
these people may neglect the values of the
current culture and systems. In turn, they can
lead to conflicts, especially if they fail to
convince the existing workers of the long-term
impact of digital strategy. One solution is to
onboard and integrate the digital unit with
care.
Mostly, it is highly advised to build a separate
unit for digital transformation that will culti-
vate a new way of operating that is contributo-
ry to success. This unit could include agile
methodologies and fail-fast mentality that
promote measurable progress while still
centering on customer’s benefits.
Build a digital culture
After a company has enabled the agile way of
working and built a digital team, it needs to
build an appropriate culture to nurture them.
This culture has certain defining characteris-
tics: a concentration on customer needs
instead of processes and cost reduction, an
adoption of agile methodologies, and a com-
mitment to continuous testing, learning, &
failing.
This isn’t to say that companies must discard
the traits that used to make companies
successful. It only means promoting new inno-
vations in parallel with modernizing their heri-
tage.
SCALING UP
Once it has launched and accelerated digital
initiatives, a company should have seen solid
progress after 18 months. Now, they need to
have other initiatives ready to maintain and
scale the value of Digital Transformation.
Organize digital initiatives for quick return
By roadmapping all the digital initiatives with
the goal to achieve quick return, companies
may have a higher chance to scale faster. The
more values a company can generate from the
digital strategy as it progresses, the more
scale and support it will achieve. Companies
can implement all the digital initiatives at once,
but this proves ineffective and also harmful to
resources. To ensure success, it is advised to
thoughtfully strategize for a manageable
number of digital initiatives over the long run.
Companies should put priority on initiatives
that (1) are strategically important, (2) provide
quick payback, and (3) offer solutions to
urgently complex problems. But it all depends.
Digital Strategy: Delineate a Roadmap for your Digital Transformation
06
8. Digital Strategy: Delineate a Roadmap for your Digital Transformation
Whether the company wants to apply new
ways of operating, adopt digital technologies,
or modernize legacy systems, and so on will
determine which initiatives to prioritize first.
All things considered, it is important to track
progress. Companies don’t need to stick to the
predefined goals; instead, they can adjust
targets over the course, depending on wheth-
er the prototypes offer greater and lesser
values than what has been forecast.
Build digital capabilities
To scale up their digital transformation, com-
panies must think beyond investing in digital
technologies. Digital Transformation is half
about technology and half about talents.
Sourcing new experts with digital skillset and
modernizing existing systems will be essential.
Most companies are still grappling with talent
recruitment: How could they find hundreds of
talents given that they are having difficulty
building a digital team of dozens? This search
for talent typically leads companies to
outsourcing to third-party software compa-
nies. Moreover, extensive training and knowl-
edge transfer will be necessary to get employ-
ees and also leaders familiar with the changes
that will take hold in the foreseeable future.
Finally, all people must change the way they
and the company operates since the ultimate
goal of digital transformation is company-wide
change.
Adopt a new operating model
Regardless of the structure of the company, its
digital transformation will mature until a point
where a thorough organizational reinvention
becomes vital. Silos have always been prevent-
ing companies from enhancing collaboration
and performance. In this digital age when
there’s a driving need to transform on the fly,
companies need to build a central platform
that integrates every part of its business
It then becomes imperative that companies
shift away from the silo-intensive business
structure to an agile, platform-based business
model that can break down all the boundaries.
This shift will enable a network business
model that has a laser focus on customer
values and operational efficiency. Ultimately,
an agile approach will become the norm.
07
9. Conclusion.
In our experience, top performers know that
their Digital Strategy must be as agile and
dynamic as the Digital Transformation that
the company is pursuing. They relentlessly
experiment with new ideas, develop new
products, source new talents, and adapt their
culture to keep up with the pace of Digital
Transformation.
Pioneers in digital transformation are those
that can take the most advantage of all the
economic changes brought about by the
digital era. They do so in these 3 ways: joining
the digital systems, building new digital offer-
ings, and transforming the business model.
Thanks to digital platforms, a new digital
workplace was created, data was disseminat-
ed across the company, and the network
effect was enabled. Once these factors
mature, digital platforms will create a digital
ecosystem where all industry barriers are
transcended, thus influencing the regional or
even global economy at large.
Digital Strategy: Delineate a Roadmap for your Digital Transformation
10. KMS Solutions works closely with leading software companies across the globe to
bring the most advanced and innovative technologies to Asia Pacific. The focus is to
help organizations achieve their business goals through world-class fit-for-purpose
solutions and proven industry best practices. KMS Solutions’ success is ultimately
measured by the positive impact that it makes to the client’s business.
To learn more about KMS Solutions, visit kms-solutions.asia