The digital technologies are empowering companies to use technology to transform their operations, respond swiftly to customers, and augment new business models for additional revenue.
In a Forrester study, executives predicted that by 2020, 47% of revenue will be influenced by digital technologies. The digital technologies are taking over traditional businesses and companies are looking at transformation strategies to adapt.
How businesses prepare for the digital onslaught will dictate their future. The organisations that are lagging behind and not adapting fast enough are losing ground. Digital transformation is a key necessity in today’s world. Read More “5 Digital Transformation mistakes and how to fix them”
Real estate companies like most other businesses are now relying on technology for operations. The digital transformation of real estate is moving at a rapid pace. Online buying and selling of homes, rentals for properties is driving these changes.
As per Forbes, 95% of buyers use the internet to look for homes, and 51% buy homes that they have found using the internet. Apparently majority of the people are choosing online options for buying, selling & renting their homes. The digitisation of real estate is creating transparency in property deals, facilitating easy access to property buyers, tenants & making things easier for the agents.
We are living in an era of digital transformation. The technology boom has taken over various industries, societies and governments around the world. The impact of these advancements mean that you can no longer rest on what you’ve done in the fast. The businesses today need to evolve with changing consumer needs of the day.
Whether you want to build a personal brand or a flourishing business, chances are that digital will play a key role in shaping it. The digital wave has changed the way people connect, communicate and work. A digital business combines the digital and the physical worlds to enable new business models. Read More “10 Essential Reasons Your Business should be Digital”
Digital transformation is a necessity for organisations; and design thinking is helping them to reimagine their business in the digital context. IDC estimates that 40 percent of all technology spending will go towards digital transformation; with enterprises spending in excess of $2 trillion in 2019. Read More “10 Important Reasons to use Design thinking for Digital Transformation”
Digital transformation is changing the way companies work, communicate, create products/services and deliver it to their customers. The software as a service (SaaS) allows companies to create frictionless ways of providing their products & services to the customers. The products and services can be delivered to the customers over internet, resulting in ease and ubiquitous access.
According to a Forrester research report, by 2020 executives predict that 47% of their revenue will be influenced by digital channels. One third of the top 20 firms in industry segments will be disrupted by new competitors within five years as per an IDC report. The message is clear, businesses will need to go digital or risk their existence. Digital transformation is adapting the business according to changing consumer needs and constantly challenging status quo.