Business transformation or Business disruption: Evaluating your organization’s digital transformation upgrowth in IoT

While there are longstanding competencies and know-how that are required for your business to succeed and achieve industry-leading financial performance, digital transformation requires advanced capabilities that your organizations need to achieve and establish mastery around.

The Internet of Things has arrived and it’s going to introduce inconceivable opportunities over the next five years. IoT is transforming how companies and consumers go about their days around the world. It is observed that the younger generation is technology addicted and they confide in technology and its devices for every little thing. With the help of IoT, these addictions will become even more in our daily lives. There are no apps that will be exempted from glitches and hitches. Exclusively trusting on IoT devices may create dismal functioning in case of not working it correctly or crash of an IoT infrastructure.

Capabilities in disruptive technologies, platform structures, business models, digital services mastery, and digital innovation are the crucial components that every organization must acquire to quickly adapt to the fast-paced technology transformation in the business world. Digital transformation is evolving much faster than every organization can keep up. In fact, digital transformation is a great challenge in every organization as it accelerates business activities, processes, competencies, and models that are dominating changes and opportunities of digital transformation in a strategic way. Digital transformation is business transformation as it affects all levels of the business core.

If your organization is in the digital transformation for a number of years now, looking through the progress, measuring upgrowth, and benchmarking across your peers in the industry surely is a must. Well, how do you assess your upgrowth? What are your key fundamentals? What capabilities are new from your business as usual? These are the key questions that must be clearly defined and understood as these will make you realize how important digital transformation is to being ahead of your competitors, be lean and efficient, keep your existing and acquiring new customers by engaging with them across multiple channels as you modernize your organization.

On the 26th of May at the 9th Digital Transformation Asia 2022 in InterContinental Kuala Lumpur, Malaysia, Thought Leaders from various industries like Malaysia IoT Association, China Construction Bank (Malaysia) Berhad, Universiti Kebangsaan Malaysia (UKM), KPMG, Malaysian Communications and Multimedia Commission, Bond Holdings Sdn Bhd and ASCENT Fund Services (Singapore) Pte. Ltd who will facilitate the much anticipated interactive roundtable discussions on reshaping, leveraging, and enhancing business models, operational improvements, and customer experience using a digital strategy.

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