The way innovative tech startups have been able to disrupt the market status quo of traditional incumbents across various industries has surprised many. These innovative, agile organisations have been able to ride the digital economy wave, harness digital technologies to create and deliver impactful products and services and implement a business model that enable them […]
Are there distinct differences between the way traditional organisations operate and organise themselves vs the fast growth, digital organisations? In our digital transformation consulting work with clients, we have the opportunity to observe and study some of these differences. Let’s examine these differences and discuss how traditional organisations can digital transform themselves so that they […]
The COVID-19 crisis has accelerated the rate of digital transformation and growth of the Digital Economy. The coronavirus pandemic triggered not one but two crises of an unprecedented scale – a global health crisis and an economic crisis. As borders closed, cities go into lockdowns, and social distancing measures mandated, many small-medium enterprises (SMEs), across […]
To prepare for the digital new normal, small-medium businesses will need to embark on digital transformation the soonest possible. To transform from a traditional SME/organisation to become a digital enterprise/organisation doesn’t happen overnight in a single step. Digital transformation is not something to simply assign to the IT department to undertake, it takes commitment from […]
In our part 1 of the blog, we shared on the state of China’s digital economy . In this blog, we will share on a few key emerging trends in China’s digital transformation as it emerges from the COVID-19 pandemic crisis. Firstly, the lockdowns in many cities across China earlier this year have accelerated the […]
China’s digital economy registered RMB 35.8 trillion (USD 5.07 trillion) in 2019, according to the China Academy of Information and Communications Technology (CAICT), a government think tank. CAICT published a white paper on “Development of China’s Digital Economy (2020)” on 6th July 2020, highlighting that digital economy now already accounts for more than 36% of […]