Digital Transformation: Why this ‘cloud’ has a silver lining

Digital transformation. Today, well beyond the confines of just another buzzword, digital transformation has fast become an omniscient power that has taken businesses and industries by storm. It is the process of implementing digital technologies to create new, or enhance already-existing business and customer-facing operations that we use to meet our unbridled need – for speed, flexibility, and shifting market demands. According to market analyst, IDC, worldwide spending on digital transformation is expected to reach nearly $2 trillion by 2022, and that during 2020, an estimated 30% of G2000 companies will have allocated budgets equal to at least 10% of revenue to fuel their digital transformation strategies. Today, digital transformation helps promote an abundance of online business and consumer transactions, and leverages our ability to work, manage, and communicate, all in real-time. Backed by the likes of IoT, AI, machine learning, and more importantly, cloud, these are just some of the technologies that drive all things digital. In a word, without a strong and reliable cloud platform, these technologies will simply, not work efficiently. Why Cloud ERP Takes Center Stage It is cloud computing technology, the on-demand availability of computer system resources, specifically data collection and data management, that some … Continue reading Digital Transformation: Why this ‘cloud’ has a silver lining