Digital transformation is happening rapidly, especially following the pandemic. Those who do not implement key strategies will be left behind. Some industries are adapting more quickly than others. However, few have unlocked digital technologies’ full potential, including the manufacturing industry. Transforming a manufacturing chain requires integrating and applying advanced digital technologies, but many remain wary, despite growing evidence that digital adoption supports ongoing growth.

Are you looking to make your business more efficient and competitive in the digital age? If so, you need to implement a digital transformation strategy. A solid digital transformation blueprint can help your business stay ahead of the curve and keep up with the latest trends. This article will discuss what a digital transformation is and how you can implement one for your business.

There is no doubt that eCommerce is a staple in the economy post-COVID, which is why omnichannel retail will continue to be a competitive advantage moving forward. Over the past decade, online shopping channels have transitioned from an attractive option to a requirement — but this is just the beginning. You can effectively collect, integrate, and act on customer data through greater business intelligence by implementing digital technologies into your overall retail strategy.

Our customer is a Central European Bank that is a leader in innovation. Last year alone, they became the best digital bank among 300 registered banks from around the world. To this very day, they have received 130 awards from 30 authorities. In the past, this Bank was the first in the country to offer products and services like credit cards and internet banking, which are taken for granted today.

You have heard the terms digital transformation and cloud computing many times in the past decade, but now it has come to the insurance sector. Digital technologies have had a major effect on just about every industry from retail and manufacturing to healthcare and hospitality. The insurance industry is often slower to jump on any new trends. Insurance providers are set in tradition and don’t usually see much need to change.

For almost a decade now, global business leaders have heralded the beginning of the Fourth Industrial Revolution, which refers to how technologies like AI, robotics, IoT, autonomous vehicles and computer vision are blurring the lines between the physical, digital, and biological spheres. Industry 4.0 has paved the way for transformative changes in business, unleashing advances in business process automation in the front and back office, driving unprecedented productivity and growth.

Traditional approaches to enterprise IT – typically reliant on time-consuming, manual processes – have been overtaken in recent years by more agile, efficient, outcome-orientated models. And with that shift putting an emphasis on faster cycles of development for software products, DevOps and Agile methodologies are now essential for any business looking to succeed with a meaningful digital transformation initiative.

The amount of money invested in “Transformation Programs” is staggering. In the past 20 years we have seen Digital and Agile Transformation Programs grow and swell to $1.3 trillion dollars in 2020 alone. According to the HBR, 70% of that spend is wasted. Many companies miss a key component in their Transformation Program. How will a Product-Led Transformation be different?

The benefits of technology in the world of business are no secret. What is driving that technology today, however, is the use of APIs in areas like supply chain management. APIs are enabling the supply chain digital transformation from improved processes to forecasting and even being able to build better supply chain relationships. Being proactive versus reactive is the key to successfully managing your supply chain.

Composable business. APIOps. Hyperautomation. Open policy agent. These are among the themes we’re expecting to hear a lot more of in 2022. Here are 12 key developments we’re beginning to see in the world of digital transformation, APIs and the cloud.