Does Cost Reduction Play a Role in Digital Transformation?
Digital transformation. Everyone has their own ideas about what digital transformation means, so I decided to look up a few definitions.
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Digital Transformation
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How Digital Transformation, and Building APIs, got Faster
Digital transformation initiatives have been a top priority for several years in most companies. However, while such programmes are considered a necessity for the long-term survival of most businesses, they haven't always been prioritised or given the resources they deserve. That all changed with the COVID-19 pandemic. Today, according to analyst Gartner, customers expect companies to accelerate digital initiatives due to COVID-19 and all industries are experiencing widespread digitisation.
The Impact of Digital Transformation on the Insurance Industry
Whether a company is small or large, digital transformation is essential. Every lecture, panel discussion, article, and study about how firms can stay competitive and relevant as the world gets more digital makes that point loud and clear. Many corporate leaders are unsure of what the term “digital transformation” actually entails. Is it merely a memorable way of saying “going to the cloud”? What concrete actions do we need to take?
Fireside Chat w/ Forrester: Accelerating Digital Transformation in Banking through Digital Assurance
Forrester expects the tech spending by banks to achieve double-digit growth in 2022. They predict that leading banks will embrace a future-fit technology strategy and accelerate their end-to-end digital transformation to not only survive but compete in an increasingly unpredictable, post-pandemic world. As banks bolster their digital ambitions with technologies such as hybrid and native cloud, automation, and Agile & DevOps, they would need to put Digital Assurance at its very core to ensure faster delivery of better software.
Calculating the Cost of Your Business's Digital Transformation
Digital transformation has the potential to streamline your business processes, lower operational costs, improve customer satisfaction, and contribute to revenue growth. Once you build a digital transformation blueprint and follow the steps, you will have a business positioned for long-term success. Although digital transformation projects can help you save a lot of money in the future, you still have to pay for digital technology that leads to cost savings.
The Best Business Digital Transformation Software
Whether you’re a new business or a well-established company, in the 21st-century business world, data reigns king. To stay relevant in the current age, every business must invest in some form of digital transformation. The best business transformation software can help your business’s transformation. If your company isn’t incorporating digital technologies into your business strategy, you’ll soon be left in the dust of your competitors.
Digital Transformation Frameworks: Why You Need One and How to Start
The move to digital technologies has been taking place at a meteoric pace. Many businesses are forced into a position, where they must either deploy new solutions they may not be ready for or risk falling behind the competition. In their efforts to rapidly improve customer experience, enhance internal processes, capitalize on market opportunities, or optimize other operational processes, they often end up taking a more makeshift approach to digital transformation.
What Is AWS? Modern Technology Fueling Digital Transformation
In today’s fast-paced, digital-first economy, companies must continually find ways to innovate and remain relevant. Amazon Web Services (AWS) cloud computing platform gives companies the tools to be agile in a competitive environment and keep up with customer demand. This guide discusses what is AWS, its most common use cases for the cloud infrastructure, and what services AWS offers to support a digital transformation.
Accelerate Digital Transformation by Migrating Core Banking to the Cloud
No two banks are alike. Similarly, the cloud migration strategy for each bank will be unique based on various factors like the existing core system, delivery of cloud model, cloud deployment model, and the type of modernization. The important factor here is to collaborate with the right cloud services provider and the right technology partner, says Vishnu Vardhan Vankayala, Associate Principal Consultant, Cigniti Technologies.
Accelerate Digital Transformation by Migrating Core Banking to the Cloud
Core (Centralized Online Real-time Exchange) Banking is a system that enables a group of bank’s branches to perform transactions between accounts in different branches and share the data in real time.