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ShareAbout the event:
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:
- Customer behavior
- Technological change
- Business models
- 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.
In words of Mr. Sachin Goel from Westinghouse Appliances, "Covid era
Speakers:
Anubhav Kumar
(Owner Kumar & Kumar)
Ashok Tacker
(Principal CEO Tacker Technologies Pvt Ltd)
Tanjeet Singh
(DGM Tata Tele Business Services)
Kanav Agnihotri
(Founder & CEO Kantell Stories with Toys & Parrot Innovations)
Payal Rastogi
(Founder & CEO CarbonFixers)
Sachin Goel
(CEO Westinghouse Appliances)
Vishal Ahluwalia
(MD Nirmal Foods)
Ashu Agrawal
(CEO India Advisor, Asia Tech Journal, Co-founder-Grip Legal)
In words of Mr. Sachin Goel from Westinghouse Appliances, "Covid era has created plethora of opportunities for all the sectors including small dealers and shopkeepers. They have realized the importance of technology and started accepting payment using online tools. We have not imagined that in future we will be moving towards 100% online market."
Key takeaways
- Mo and Pop shops has no option left but to go online and during pandemic, Covid era has pressed the digital button.
- Digital Transformation is the need of the hour, Companies are left with no option but to adopt technology for day today operations.
- We are living in a digital world where technologies play an important role. Technology has not only helped companies to function during the challenging time but also helped the environment in the form of carbon credits.
- Digital transformation has emerged during pandemic, which is good for the business, but we need to secure our data which is the new oil in the market.
- For some companies covid works like blessing and disguise because it has given them the time to innovate and come up with new ideas which can be transformed into business realities using online tools and technologies.
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