Digital transformation has taken over the world of business and it is now a necessity that you adopt it if you want to survive in today’s competitive market. Before you get into the process of digital transformation, you need to understand that it indeed is a process and not just a set of tasks with a certain deadline. Digital transformation has to happen at a cultural level which will then seep down to every facet of your business. It is innovation done in increments and not a big-bang-like transformation that will get over within a timeline.
In the hyper-competitive A/E/C space, staying ahead of your competition is the key to survival in the new digital-first world. Leading A/E/C firms are finding new ways to bring together people, data, and processes to create value for their clients and maintain a competitive advantage – we call this the digital transformation of an A/E/C firm.
Is your business GST ready? It is accepted that GST is not merely a tax change but business change. GST will impact in all functional areas of an organisation such as Finance, Product Pricing, Supply Chain, Information Technology, Contracts, Commercial etc. Thus, it is very important that all these functional teams are well aware of GST.
Digital transformation is the buzz word doing its rounds in the present-day market. While many business leaders endorse it frequently, many organizations still struggle to understand, plan and implement the required steps. If you have heard of Digital Transformation and want to adopt it, you need to get your foundational knowledge about it right.