Grupo Mariposa: How one Latin American food and beverage company maximized growth by building new digital capabilities for itself...
Prior to its digital transformation, ECP generated only $125,000 of revenue annually from online sales, and the team knew they needed a complete digital transformation to improve that revenue stream. After all, their legacy eCommerce site was outdated, struggled to support multiple browsers, and experienced connectivity issues when interacting with backend …
on the digital transformation of social insurance administration and services to ensure universal social security coverage in the People''s Republic of China. The project is managed by International Labour Organization (ILO), in partnership with the United
Author summary Digital transformation enhances hospital efficiency and quality, yet the integration of these technologies poses challenges that require clear direction. The Balanced Scorecard (BSC) is a tool that helps institutions gauge and action new strategies, not limited to financial metrics. It promotes rapid adjustments and offers clarity on performance on …
The digital transformation is impacting on the labour market and social protection systems for guaranteeing people well-being (e.g., promotion of employment, social insurance, and social assistance), pressing society and institutions to change [1, 2] fact, alongside the claimed advantages of this ''new industrial revolution'', possible negative consequences for employees'' …
This post will try to answer the questions above with four real-life digital transformation success stories from the energy, automotive, and fintech sectors brought to life by the Artkai team. We approached each situation with …
This paper explores the role of digital transformation in enhancing gender equality in business leadership. It examines the utilization of digital technologies to empower women and addresses historical barriers in corporate leadership roles. The study synthesizes...
In this study, ıt is aimed to investigate the influences of transformation which is digital and processes starting with the use of digital technologies in the energy sector. For this purpose, a …
14. Digital Community Bank Problem Statement. Traditional banking model not meeting evolving customer needs. Limited digital banking services. Solution. Transitioned to a fully digital banking model. Introduced a community-driven banking app. Outcome/Result. Increased customer engagement by 40%.
The digital transformation of seaports and airports is happening slower than in other logistics areas, where, for instance, only 3% of container terminals are (semi)automated. Meanwhile, in ca. 30 ...
Capital One, a leading financial services company, embarked on a digital transformation journey with AWS to stay competitive in the rapidly evolving banking industry. By leveraging AWS''s cloud ...
The healthcare sector represents one of the largest and most exciting areas for digital transformation. The World Bank has estimated that global spending on health will increase from US$9.21 trillion in 2014 to $24.24 trillion in 2040 (Global Burden of Disease Health Financing Collaborator Network 2017, with an uncertainty interval from $20.47 trillion to $29.72 trillion).
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Introduction to Digital Transformation. Digital transformation means using digital technology in all parts of a business, changing how things are done and how customers benefit. It involves thinking about new ways to do business, making current ways better, and staying competitive in a fast-changing digital world.
In the context of hydropower and wind power, there are several use cases that undergo digital transformation in TrønderEnergi. Examples of such use cases are (1) hydropower trading, (2) …
Based on studies that combine the resource-based view and the digital transformation concept this paper aims to explain how human, technological, financial, ICT and …
One example is going from a transactional model of selling services and products to subscriptionbased models where insight and data are an additional value add for the customers.
Digital transformation is a challenge for the banking industry, but it is necessary to adapt to the modern world where customers expect fast, efficient, and convenient services. Traditional approaches no longer meet the needs of the modern consumer. So, banks that want to remain competitive must abandon conservative methods and fully immerse ...
As most countries plan to evolve their electricity mix toward 100% from renewable sources, there will be an increasing demand for smart digital technologies to help manage …
Summary. While 89% of large companies globally have a digital and AI transformation underway, they have only captured 31% of the expected revenue lift and 25% of expected cost savings from the effort.
Digital transformation is a strategic response to economics and digital technology trends, and, therefore, it became strategic (Fitzgerald et al., 2014 ; Hess et al., 2016 ).
Therefore, we can define and measure the digital transformation ability of energy enterprises in four dimensions – "digital technology foundation", "capital investment in …
The case explores the journey taken by GE, at the instigation of Jeff Immelt in 2008, towards transforming itself from a global industrial giant to becoming an Industry 4.0 leader, by harnessing the nascent promise of the …
Daniel Schallmo is Full Professor and Director of the Institute for Entrepreneurship at Neu-Ulm University of Applied Sciences in Germany. In the context of digitization, his work and research focuses on business model innovation, entrepreneurship, measuring digital maturity, developing digital strategies, the digital transformation of business models, and implementing digital …
9. Amazon''s Digital Transformation: Amazon faced fierce competition and profitability challenges in its early days. Rapidly changing digital customer expectations necessitated scaling while ensuring customer …
Digital transformation refers to the process of leveraging digital technologies to fundamentally change how businesses operate, deliver value to customers, and create new revenue streams. It involves integrating digital technologies into every aspect of a company''s operations, including processes, systems, and culture. ...
China''s e-commerce industry has experienced a substantial digital transition following the COVID-19 outbreak. This transformation is evident in various dimensions, such as technical advancements ...
