Digital transformation has always been associated with Technological change predominantly. Digital transformation in business is a holistic approach to changing the way an organization thinks, organizes, operates, and behaves. Digital transformation does accelerate the following aspects in the business journey towards transformation. a) Customer behaviour’s; b) Technological change; c) Business models; d) Societal change. In the face of Unknown and technology changing at an exponential rate, it is imperative that we take the practical challenges encountered seriously and aligning the same with innovations, trends, and users’ perspectives. Digital transformation asks businesses to reimagine and rapidly realize new ways of working and satisfying consumer expectations. The meaning of Digital Transformation varies for each organization and comes with different tools to address the unique challenges of each business. As disruptive technologies and companies continue to raise consumer expectations, business environments (stretching from products and services to manufacturing and marketing) are constantly changing. Digital business transformation closes the gap between what consumers expect and what their traditional business models can deliver. We should certainly deliberate whether the digital transformation journey will help facilitate the survival of an organization in the next 7 years.
Speakers:
Ashu Agrawal
(CEO, India Advisor Asia Tech Journal, Co-founder-Grip Legal)
Chander Madan
(Founder & CEO eAge EduSolutions)
L K Pandey
(MD Ananya Seeds)
Sumeet Kumar
(Co Founder Commix)
Tanjeet Singh
(DGM - SME Cluster Sales Tata Tele Business Services)
In words of Mr. Sumeet Kumar from Commix "We need to adopt the technology as per the need, digital transformation happens in three forms in any organization – culture, organizational & operational!"
Key takeaways
Agriculture sector has limited resources, but they were able to manage things in a right manner while using digital tools and finding solutions to market their products to find buyer for their products.
Data centres being outside India is a worry for SME with limited budget and it is the thing which government need to secure the data while getting server in India.
Digital tools are available in the market and we need to adopt fast to be there in the market.
Digital literacy is important, and we need to make sure people use right technology and forum so that they are not cheated.
E-learning is the only option left for students, the need is the mother of all inventions and digital tools play a big role in all the segments. WFH using digital mode has emerged during COVID era.