Digital transformation is a global trend that is only accelerating. In November 2021, IDC predicted that global spending on digital transformation will reach USD 2.8 trillion in 2025, more than double the amount allocated in 2020. As businesses navigate uncertainty and change, digital transformation has become crucial for remaining competitive and nimble. However, 64% of CIOs see workplace culture as a key barrier to effectively scaling these efforts.
While culture can hinder digital transformation initiatives, it can also be an enabler when oriented around supporting technological change. Forward-thinking companies are realizing that building a “digital culture” is instrumental for unlocking the full potential of new technologies.
When dealing with digital transformation, one strategic business approach is building a team and workplace aligned around digital culture. What exactly does this entail and why does it matter? Let’s explore the ins and outs of digital culture and why actively fostering it needs to be a priority for leadership.
Continue reading “Digital Culture in the Workplace – What It Is and Why It’s Important?“
In the dynamic landscape of the digital era, conversations around digital transformation have become ubiquitous. The year 2024 sees an increased emphasis on this transformative process, with 89% of high-tech and software partners actively seeking new sources of growth and operational effectiveness, according to a study by Accenture.
Let’s delve into the core of this digital evolution and answer the question: What is digital transformation? Its benefits and trends in 2024.
Continue reading “What is Digital Transformation: Overview, Benefits and Trends in 2024”
In the ever-evolving landscape of technology, businesses are continually seeking ways to enhance efficiency, streamline processes, and stay competitive. According to PwC’s survey, 86% of companies believe digitalization is a crucial driver of strategic success. More and more businesses are aware of the importance of digitalization, but what exactly is digitalization?
Continue reading “Unlocking Business Growth: A Comprehensive Guide to Digitalization and Its Impact on Efficiency and Innovation”
Modern businesses rely on SaaS products to experience flexible, scalable, and cost-efficient solutions. Indeed, SaaS applications have brought impressive technological revolution with their remote capabilities. Hiring a high-quality SaaS service provider like Kdan Mobile Software Ltd. can strengthen the clients’ business operations efficiently.
In this article, the GoodFirms’ researchers highlight the insight details of Kdan Mobile services and how it makes clients’ digital journey smooth and seamless.
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The world is currently facing various challenges related to sustainability, including climate change, resource depletion, and social inequality, etc. These issues impact how people live and profoundly affect the operations and development of numerous global businesses. Companies must incorporate sustainable business approaches and balance economic growth while addressing issues related to sustainable operations. These have become challenges for companies worldwide nowadays.
According to the findings from PwC’s 2023 Global Consumer Insights Pulse Survey, more than 75% of consumers are willing to pay a higher price for products due to factors like the use of eco-friendly materials and traceable product sources. This indicates a rapid increase in consumer awareness of ESG in recent years. In this trend, businesses looking to stand out in a competitive market must adopt proactive sustainability strategies.
Continue reading “What is Corporate Sustainability? How to Achieve it in Business?“