We are becoming inured to the word “digital”. Digital clock, digital telephone, digital TV... But “digital transformation” means something far more significant. More than just a technology shift, it implies a profound, cultural revolution.
These are uncertain times for business leaders during Brexit negotiations. Against this backdrop, the important role of analytics to drive insights, efficiencies and smarter decision-making could not be clearer, yet many companies are still lagging behind in this area.
In an increasingly digital age, companies are under pressure to develop their technological capabilities or risk being left behind. Digital transformation is both a long and difficult process, but it is an important step to planning for the future success of any business. A change in culture to accept a ‘trial and error’ approach to a digital transformation project is essential.
In the rush to embrace digital transformation, businesses and manufacturers of all sizes will doubtless face pressure from innovative rivals, some with better digital skills or investment capabilities but that should not deter them.
No one escapes digitisation. With new regulations being introduced constantly and Faster Payments becoming the norm for consumers and business alike, the drive towards...
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