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Category: Digital Transformation

Best ways to boost your banking process with digital transformation technologies

Best ways to boost your banking process with digital transformation technologies

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Have you considered digital transformation for your financial organization? Digitalization in banking begins with understanding client behavior, preferences, and needs. As a result, banking has evolved from being product-centric to being customer-centric. This raises many concerns about digitization in contemporary banks and other commercial institutions. A comprehensive digital transformation plan is essential for banks and other financial institutions to evaluate, communicate, and serve their customers. According to Statista, 2.5 billion people will use online banking services by 2024.  The majority…

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nft make sense
Pondering Upon Bigger Questions: Why do NFTs make sense?

Pondering Upon Bigger Questions: Why do NFTs make sense?

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There’s nothing like a flurry of blockchain news to get people’s attention and make them wonder what’s going on. This year, non-fungible tokens (NFTs) seem to have burst from the ether. These digital assets are selling like rare Dutch tulips from the 17th century, with some fetching millions of dollars. Art and music are among the NFTs, as are tacos and toilet paper. According to market data tracker, DappRadar data analytics, NFT sales grew by $25 billion in 2021, as…

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Future of Technological Innovation
Technological Innovation: The Knight in the Silver Armour!

Technological Innovation: The Knight in the Silver Armour!

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 The late 1990s and the early 2000s have witnessed a tremendous change in our development charts. The need for the nations to develop a solid bilateral relationship with each other has opened up a wide array of opportunities in the global arena. As the unified council of nations has decided against war, the energy got placed to capture the markets of different countries. For example, Japan, one of the key players in WW-2, has got into the consumer electronics market…

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Industry 4.0 And Digital Transformation In The Automobile Industry

Industry 4.0 And Digital Transformation In The Automobile Industry

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 The term “INDUSTRY 4.0” is a German initiative. It responds to all the growing needs of the manufacturing sector regarding the customers.  The actual focus of this particular transition is to identify the look at avenues to create an enhanced manufacturing model. This model will have the power to go head-to-head with the economies that carry advantages in labor rates, the cost of productions, and many more.  Industry 4.0 is defined as a framework that can quickly bring out…

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How to Ensure Maximum ROI For Your Enterprise from Digital Transformation Solutions

How to Ensure Maximum ROI For Your Enterprise from Digital Transformation Solutions

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 We all know that digital transformation is what is making the world buzz with excitement right now. But do you know that using the right digital transformation strategies is more important than ever? Also, did you know that nearly 89% of businesses have already taken up a digital business strategy? This article will list down some of the best ways to maximize your ROI for business using the right digital transformation solutions. For modern business, such a change may seem…

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challenges in digitalization
Digitalization: Challenges On The Path To A Better Living

Digitalization: Challenges On The Path To A Better Living

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 The world is becoming extensively virtual day-by-day. To stay in the competition and leverage the digital era, companies have to proactively engage in the digitalization of their operations. According to a survey, companies that embraced digital transformation enjoy its benefits on multiple fronts. Due to first-mover advantage, such digital transformation companies have a higher market share, customer engagement, high employee morale and increased revenue.  All of this sounds quite great. However, in reality, there are some barriers to digital…

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Digital Transformation Funnels
Look At These Proven Digital Transformation Funnels To Energize Your Business

Look At These Proven Digital Transformation Funnels To Energize Your Business

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 Thanks to the COVID-19 crisis, businesses now realize the significance of digital transformation more than ever. This massive shift to digitalization is beneficial not only for the company but also for the owner since it decreases the workload to a considerable extent. By automating services, streamlining the workflow, and easing communication with the team, it becomes a cakewalk for most brands. But most people who haven’t undergone this process doubt its credibility. To help you examine that, we have curated…

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How the Growth of E-commerce is Revolutionizing the Market?
How the Growth of E-commerce is Revolutionizing the Market?

How the Growth of E-commerce is Revolutionizing the Market?

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 There is no doubt that e-commerce has become the face of the global economy during the pandemic. Almost every industry faced severe backlash during the pandemic but the e-commerce platform rekindled the commerce operations in major ways, thus lifting the economy.  One of the major e-commerce giants- Jeff Bezos, is closer to becoming a trillionaire amid the pandemic. The e-commerce company owned by Jeff Bezos-Amazon is transforming the whole shopping experience of people around the world. People are now…

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The key challenges that Enterprises need to address on their Digital Transformation Journey

The key challenges that Enterprises need to address on their Digital Transformation Journey

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If you are part of a business or an organization, you would have probably stumbled across the word ‘digital transformation’ quite often. There is too much buzz around this topic on the internet. There are also a lot of myths around this topic that makes organizations think of this as a taboo. While most of these myths have been debunked in the recent times and the number of business and organizations who wishes to undergo digital transformation have significantly increased….

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A detailed view about the vital role of Digital Transformation in Business Growth

A detailed view about the vital role of Digital Transformation in Business Growth

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Digital Transformation is the integration of digital technology into all aspects of the business. It results in fundamental changes to the way a business operates. Companies are making use of this process to remake their business to be more efficient and profitable. 90% of companies are doing business in the cloud. As they move more data to the cloud, much of what is being done is to replicate existing processes in a digital environment. True Digital Transformation is so much…

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