Digital transformation has become an industry buzzword. So much so that it is dominating retail industry conferences, panel discussions, business summits, etc. While some leaders are terming it as their biggest business enablers, some are admitting that it is one of their biggest challenges.
It is clear that digital transformation has indeed turned the retail industry dynamics head over heels. All the predetermined success parameters have been tossed out the window.
Lately, we have seen a lot of big-box retailers shut down, despite making the investments in digital solutions. On the other hand, we have seen smaller yet agile players disrupting the market with their solutions, processes, business models, and whatnot.
However, dividing the retailers into mere two categories of thriving and struggling brands would be too simple and we know that digital transformation is everything but simple. So how has digital transformation divided the retail industry? Let’s take a closer look.
A retailer needs to move from one stage of the digital maturity matrix to the next in a well thought out manner. The success of your initiatives at each stage will depend on how grounded you are with your digital transformation strategy.
To create your own digital evolution roadmap, you can talk to our digital retail consultants. We can help you understand where you currently sit in the maturity matrix and the market quadrant and help you move from one milestone to the next.
In recent days, the implementation of AR and VR in Healthcare appears to be a perfect fit. Both technologies proved themselves to provide a much easier and effective solution to various challenges of the health care system and as such offer numerous diverse opportunities for its implementations in various areas – such as general diagnostics and medical training.
Top three best practices for Banking and Financial Institutions across their digital transformation journey Digital transformation is all about providing little extra benefits on online
According to a report presented by ISG says more than 70% companies will implement Robotic Process Automation by 2019 to automate support tasks.
Invoice automation (also called automated invoice processing) is in the progressive stage of robotic process automation, which carries a significant value with reduced operational risks and adding valuable support to the organization. Invoice automation helps automate major time consuming and repetitive manual tasks at the backend of an enterprise.
In today’s world, the mobile app has become a part and parcel of every business, and there’s an urge for a mobile app to deliver the best user experience and good results. Hence, it is required to know the basics of PWA VS NATIVE APP.