To stay ahead and respond to market changes, businesses need to modernize both in the way of thinking and how to leverage modern technology into everyday processes. When you have to manage a multinational corporation worth millions of dollars, even the smallest error can cost you a lot of time, effort and resources to recover.
Technology improvements bring benefits? Work flow smoothly, easily connecting with people in the enterprise, with suppliers and even with individuals outside the supply chain. In addition, establishing inter-functional groups plays an important role to facilitate the digital transformation process.
The need to upgrade the technology platform is becoming increasingly urgent as the Millennial generation (8x and 9x) join the growing workforce. As you probably know, the Millennial generation born and raised in the age of technology boom, they are not only proficient but also the main target customers of technology companies. Therefore, incorporating mobile applications and social networking sites to share information into the business process is merely a “natural” step of digitization.
A typical example of a breakthrough is the trend of cloud computing, a diversified technology platform, high applicability that we use every day. Enterprises can fully manage, upgrade, and monitor and deploy enterprise management systems in the cloud in just a few months, significantly shortening time compared to a few years as before. Enterprises also do not have to worry about waiting for long when the system needs to adjust. Significantly shortening the time to upgrade the system brings significant benefits for all businesses, big or small.
The digital transformation process doesn’t necessarily have to be completed quickly or costly, businesses can start by replacing some of the same and boring tasks as the input process. Breakthrough technologies, if properly applied and an effective plan, can benefit both individuals and businesses. The right application of breakthrough technology gives businesses creativity, cooperation, and ability to respond faster