It is not only a cool way of referring to being present on the internet, digital transformation is essential for all businesses that aim for success.
Tag Archive for Digital Transformation
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How Covid-19 Is Accelerating Digital Transformation for Small and Medium Businesses
by Luis Jorge Rios • • 0 Comments
By pushing the boundaries of how and where we can do business, the COVID-19 pandemic has forced entrepreneurs to look at digital media in a new light.
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Reading has potential to be UK’s top entrepreneur hotspot
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Reading has the potential to be the UK’s top entrepreneurial hotspot providing it embraces digital technology, according to a report.
More effective use of digital technology by start-ups and scale-ups could boost the UK economy by as much as £34bn a year by 2030, says tech firm Atos.
Brighton, Cambridge, Cheltenham and Oxford were the other hotspots in the top five with the most to benefit from embracing technology.
>See also: If you want your start-up to succeed, move to Bristol
The consultancy has mapped the entrepreneurial potential of towns and cities for the first time.
Reading ranked top partly because over half of its population has gone into higher education; the high number of start-ups and existing business in the area, including 11,000 digital and tech firms; and an ethnically diverse population, which helps drive entrepreneurship.
“Digital technology is critical to unleashing the full entrepreneurial potential of the SMEs, start-ups and scale-ups in our towns and cities,” says the report. “Better use of digital technology can help entrepreneurs in all industries because while not every start-up business is in the tech sector, every start-up needs to embrace digital technology in order to compete.”
Atos makes three recommendations if policymakers
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4 things small business needs to think about when buying-in tech
by Colin O'Flaherty • • 0 Comments
Originally written by Colin O’Flaherty on Small Business
Over the past 10 years alone, technology has changed the world almost beyond recognition. In a time when cloud computing, big data analytics and digital-first consumer experiences are the norm, it is hard to believe that it was only in 2009 that music streaming went mainstream and the video-on-demand market exploded.
Against this backdrop, American Express’ latest research into the business strategies of the UK’s small and medium sized enterprises found that these businesses are prioritising harnessing the latest technology to unlock growth and opportunity. In fact, almost two-thirds (65pc) of SMEs believe that digital technology will create new business opportunities, while the majority of UK SMEs rank adopting the latest tech as one of the top business challenges they’ll be working hardest to address over the next three years.
>See also: Upgrading business technology – new vs refurbished
The UK’s SMEs are also clear on the types of technologies they want and need. The top three they plan to implement in the next three years are workforce productivity tools, faster and more reliable communications systems and integrated enterprise-wide software platforms and enterprise applications. In addition to these more functional applications, SMEs also have big plans
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These are the practical applications of AI for small businesses in the UK
by Scott Dodds • • 0 Comments
We’re entering a period of exponential change in business. If SMEs don’t move from legacy technology systems to modernise, automate and innovate they’ll be swept away by the age of digital transformation. Nobody knows quite where AI will lead us, but we do know that if businesses don’t embrace new technologies they won’t survive. But
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Five ways to digitally transform your small business in 2018
by Anna Jordan • • 0 Comments
With the UK ranked as the third largest e-commerce market in the world, it no longer matters if you’re running a small cafe or an office of 200 professionals. Investing in a digital strategy is no longer an option – it’s imperative if you want to maintain a competitive advantage as a business. Here are five
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Making change stick: secrets for managing tech-driven change
by Anna Jordan • • 0 Comments
Digital transformation is a crucial consideration for many SMEs in their business strategies. With technologies emerging at a fast pace and business models continuing to evolve, new revenue streams and opportunities for previously technophobic companies are now becoming a reality. For SMEs, digital transformation is seen more as a business transformation as it is not
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DIGITAL TRANSFORMATION: INNOVATION AND TALENT MANAGEMENT
by vanessakhan • • 0 Comments
It seems that most British companies are open to integrating digital technology into their businesses, but there’s a link between how fast they innovate and the way they handle their employees. A study by Cornerstone OnDemand and International Data Corporation (IDC) investigates the opportunities for British companies to accelerate their ‘digital transformation’ – in other
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Avon Accelerates Digital Transformation Plans To Become “More Sexy”
by Ted Nuyten • • 0 Comments
Avon Products, Inc. (NYSE: AVP) has announced it has reached a series of milestones in its plans to transform the digital capabilities of its Representatives and improve interactions with consumers.
Avon is a leading beauty company, and is developing the digital tools necessary to bring customers the latest trends, through the direct, trusted, personal experience of its 6 million strong network of beauty micro-entrepreneurs.
Connecting to the consumer: mobile and e-interactive shoppable brochure
Avon’s global digital platforms and experience team has launched a fully digitised, mobile-enabled e-interactive brochure, allowing Avon Representatives to connect quickly and effectively with their customers by creating an e-enabled personalised shopping cart that can be shared via WhatsApp and Facebook messenger – sending the latest trends and products direct to their mobile.
Includes in-built and real-time analytics for future enhancement and customisation, making it easier to track best-selling products, individual preferences, and respond to Avon Representative and customer needs.
Instant messaging brochure is available globally, across six clusters in 12 countries, including Brazil, Argentina, Mexico, Russia and Turkey, with three more clusters due to launch soon.
On launch it received more than 500,000 visitors, with positive feedback from across Avon’s network of beauty entrepreneurs.
Investing in growth: new Global Sales Organisation
Avon’s new sales organisation will partner with its markets, focusing on enhancing the Representative experience and service model evolution,
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Finance departments falling behind with digital transformation
by Owen Gough • • 0 Comments
Four out of five finance professionals have said that their department is not keeping pace with the rest of the organisation’s digital transformation plans, leaving them struggling with productivity, cost and efficiency issues, according to new UK research among senior finance and IT executives. IT which most commonly leads digital transformation said finance was the
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