Tag Archive | digital transformation

Retail and Beyond: The 2020 eCommerce Disruption

Retail and Beyond: The 2020 eCommerce Disruption

“The pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years. Department stores, as a result, are seeing significant declines. In the first quarter of 2020, department store sales and those from other ‘non-essential’ retailers declined by 25%. This grew to a 75% decline in the second quarter.”

via World Economic Forum

Digital Transformation in Manufacturing Gains Momentum

Digital Transformation in Manufacturing Gains Momentum

“Our latest survey shows that enterprise intelligence technology solutions such as data management, analytics, machine learning and AI technologies are considered significantly (24%) or very helpful (33%) by manufacturers in EMEA when it comes to achieving business resiliency.”

via IDC

HR Role in Digital Skills Learning and Development

HR Role in Digital Skills Learning and Development

Digital transformation is accelerating as COVID-19 shifts business models, adding to the already widespread demand for digital skills. The imperative for HR is to acquire the right digital skills, but how do you know what to prioritize? Here’s the answer.

via Gartner

Developers: Driving the Future of Digital Innovation

Developers: Driving the Future of Digital Innovation

The transition to becoming a digital innovation factory includes the four so-called pillars of digital innovation –– planning, sourcing, developing and distributing. For developers, the first three roles are well understood and are part of normal operations they conduct.”

via IDC

Modernize and Transform to Accelerate Digital Growth

Modernize and Transform to Accelerate Digital Growth

“Right now, companies must focus on modernizing their core digital capabilities to seamlessly sell, engage and support customers on digital channels. This is table-stakes. And there are very good services firms able to help clients accelerate this modernization”

via Forrester

Can a Distributed Workforce Ease the IT Talent Shortage?

Can a Distributed Workforce Ease the IT Talent Shortage?

An IT talent shortage already beleaguers 69% of enterprises. According to Everest Group, 75% of enterprises believe there will be a talent shortage for key roles in IT, analytics and special skills areas post-COVID-19 and that the current recession will not create a surplus of technology talent. In fact, 67% of enterprises think new skills gaps will emerge.

via Everest Group

Future of Work: How to Maintain High Productivity

Future of Work: How to Maintain High Productivity

Savvy leaders are exploring how to restructure and emerge stronger for the next decade. In addition to seeking the ideal business model and operational resilience, companies are focused on sustaining increased productivity via digital transformation.

via World Economic Forum

Digital Transformation: The Five Standout Elements

Digital Transformation: The Five Standout Elements

“The COVID-19 pandemic is a full-stop on business as usual and a launching pad for organizations to become virtual, digital-centric, and agile — and to do it all at a lightning-fast speed.” – That realization is coming not a moment too soon.

via McKinsey

Digital Transformation of Food Supply and Demand

Digital Transformation of Food Supply and Demand

“Food systems can be disrupted by many factors including natural disasters, civil war and more recently the global pandemic. However, digital infrastructure has the ability to help these food systems navigate through troubling times.”

via World Economic Forum

Fortune Global 500 2020: $33.3 Trillion in Revenues

Fortune Global 500 2020: $33.3 Trillion in Revenues

The world’s 500 largest companies generated $33.3 trillion in revenues and $2.1 trillion in profits in 2019. Together, this year’s Fortune Global 500 companies employ 69.9 million people worldwide and are represented by 32 countries.

via Fortune