In today’s rapidly evolving banking landscape, digital transformation has become a vital driver for success. However, a recent infobrief commissioned by Backbase highlights a concerning trend – a staggering 70 percent of digital banking projects in the Asia-Pacific (APAC) region have failed due to their costly and time-consuming nature. This article delves into the reasons behind these failures while shedding
In today’s rapidly evolving digital landscape, embracing digital transformation has become imperative for advisory and consulting firms. This article explores the importance of digital transformation in this industry and highlights its numerous benefits. From enhancing data analytics capabilities to improving customer experiences, digital transformation offers a wealth of opportunities for firms to modernize operations and gain a competitive edge. Benefits
In today’s disruptive digital landscape, organizations are increasingly adopting a portfolio approach to their digital transformation initiatives. Similar to an individual strategically investing in different stocks to build a diverse investment portfolio, businesses invest in a range of technology projects to achieve different returns and drive overall success in their digital transformation journey. This article discusses the key principles and
Digital transformation has become a buzzword in today’s rapidly evolving business landscape. As organizations strive to adapt to the digital era, it is crucial to establish clear priorities for growth. In this article, we will explore the challenges faced by businesses when embracing digital transformation and delve into key strategies and insights that can help pave the way to success.
In today’s rapidly evolving business landscape, the digital transformation of industries is playing a vital role in reshaping business operations and driving growth. With the emergence of Industry 4.0 technologies, Indian industries are harnessing the power of automation, the Internet of Things (IoT), cloud computing, and artificial intelligence (AI) to streamline processes and facilitate data-driven decision-making. Industrial services are at
In today’s competitive job market, companies and recruiters must not only focus on finding the right candidates but also on creating a positive experience for applicants. One critical aspect of this is the rejection feedback process. By expanding and optimizing this process, organizations can ensure that they handle rejections with empathy, transparency, and provide actionable feedback. In this article, we
In today’s competitive job market, organizations often place a strong emphasis on recruiting new talent to meet their evolving needs. While attracting new employees is crucial, it is equally important not to lose sight of retaining existing workers. Retaining skilled and experienced employees not only saves time and resources, but also boosts productivity and fosters a positive work culture. This
In today’s digital age, data centers have become vital for organizations across various industries. These centers support critical business operations, ensuring the smooth functioning of IT infrastructure and data storage. However, managing data centers can be complex and resource-intensive for companies that are not in the business of running data centers. To simplify this situation, many IT and organizational leaders
In today’s rapidly evolving digital landscape, banks face numerous challenges in managing finance, risk, and regulatory compliance. These challenges necessitate a strategic approach that embraces innovative technologies such as Artificial Intelligence (AI) and Robotic Process Automation (RPA) in the cloud. This article presents an executive-level strategic proposal towards digital transformation, highlighting the importance of these technologies in revolutionizing financial institutions.
New employees are the lifeblood of any organization, bringing fresh perspectives, skills, and enthusiasm to the table. However, getting them started off on the right foot can make all the difference in their long-term success at the company. This is where onboarding plays a crucial role – it lays the foundation for a productive and fulfilling tenure. In this article,
The digital age has brought about a significant shift in how organizations operate, with cloud computing emerging as a fundamental driver of digital transformation. Migrating data to the cloud is undoubtedly the first step in this complex journey, but it is essential for enterprises to understand that it is just the beginning. This article explores various crucial aspects of cloud
In today’s data-driven world, organizations are increasingly recognizing the importance of effectively managing their data. However, without a clear understanding of core data concepts, implementing a successful data management initiative can quickly become confusing. This article aims to delve into the essential elements of data management, highlighting the significance of concepts such as data governance, data architecture, data quality, data
