Image source: Pixabay Once upon a time, businesses took a measured, sometimes glacial, approach to rolling out new technology. But the pandemic flipped the script on digital transformation, accelerating digital transformation for nearly three-quarters of all businesses by months, if not years. And the speed of adoption increased across all aspects of an organization – from …
Image source: Pixabay We asked our community of IT leaders what they see on the horizon for 2023; Edge, digital transformation, Metaverse, the IT skills gap, and more were of note. What opportunities are you most excited about as technology reshapes our businesses and lives? Whatever your focus is, the year ahead holds a …
Are you feeling stuck in your digital transformation initiative? Consider these key questions, which point to some common – but solvable – problems. Image source: Pixabay Nowadays, conversations around digital transformation involve countless definitions, strategies, and implementations. But when all is said and done, success stories are not as common as we might hope. In …
Image source: Pixabay Digital business transformation is not easy or inexpensive, but the benefits are significant. Scientists from the MIT Center for Information Systems Research found companies that have executed a digital transformation have significantly higher financial performance — with average revenue growth of 17.3 percentage points and net margins of 14.0 percentage points above industry averages. …
Image source: Pixabay Four lessons to guide the industry’s innovation transformations: With digitally enabled innovation, our work has shown that consumer packaged goods (CPG) companies can bring new products to market 50 per cent faster, at a third lower cost, and with double the return on investment. While the industry has embraced new technologies in …
Image source: Pixabay Companies today need to continuously reimagine themselves to stay relevant. In a hyper-competitive, fast-moving business landscape, we cannot rest on our laurels or put off digital transformation projects for a better time. This mindset is critical to surviving at a time when digital transformation is flipping traditional business models to better enable …
Customer data is the key to a new competitive strategy driven by digital. A new book, The Future of Competitive Strategy: Unleashing the Power of Data and Digital Ecosystems explores ways companies can nurture revenue-generating digital customers. As companies reimagine products and services for the digital world, customer data is the linchpin for creating fresh …
On 4 November 2022, East European University (EEU, Georgia) and its partner E-Commence Institute (Cologne, Germany) will organise the joint “International Scientific-Practical Conference (ISPC 2022)” on “Digital Management – Chances and Challenges of Technology” as an online event. The aim is to evaluate the possibilities of digital management under current conditions, highlight technological changes and …
Studying at the Fresenius University of Applied Sciences in Cologne International, English-speaking, up-to-date: The study program around digital transformation Digital Management (M.A.) at the Fresenius University of Applied Sciences in Cologne All companies are challenged to face up to the digital transformation: Existing business models are changing, new business areas are emerging, and concepts and …
International, english-speaking, up-to-date: The study program around digital transformation Digital Management (M.A.) at the Fresenius University of Applied Sciences in Cologne All companies are challenged to face up to the digital transformation: Existing business models are changing, new business areas are emerging, and concepts and strategies adapted to the change are required in order to …
Transformed, not handed down – New working practices in the retail sector The EHI white paper on New Work in Retail 2021 The EHI Retail Institute is a research and consulting institute for the retail industry and a partner of the E-Commerce Institute Cologne. The new EHI whitepaper provides interesting statistics on the topic of …
How the Digital Markets Act could unwittingly hurt European small businesses A policy analysis informed by the Catalyst Research Digital Markets Act Working Group Digital business transformation has been underway for more than a decade. However, it became an urgent matter during the COVID-19 pandemic when many restaurants, retail stores, and offices were forced to shut …