Business Resiliency Requires a Strategic Approach to Digital Transformation

Business Resiliency Requires a Strategic Approach to Digital Transformation

Today’s enterprise increasingly needs agility, speed, and insight as the way to manage the COVID-19 pandemic. Businesses must now adapt to rapid changes in supply chains and working arrangements. Priorities are shifting quickly, and tight connection and communication both internally and with customers and vendors across the supply chain require companies to rely on digital technology and automation more than ever to stand as islands of stability amid today’s turmoil.

The good news is that 65% of the G2000 organizations will rationalize, modernize, and transform their businesses by 2023.However, globally uncertain times require the business to shift to digital first and fast. IDC predicts that by the end of 2020, artificial intelligence (AI) will be the core for organizations, as 50% will purchase application technologies focused on the user experience.AI as the new user interface (UI)means the enterprise is becoming more intelligent faster, utilizing advanced technology to enable this leap.

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