Senior business executives from around the world consistently agree that digital transformation is one of the most essential components that will steer the success of their companies in the foreseeable future. In an ideal world, digital transformation presents indispensable opportunities for adding value to an organisation - removing business incompetencies, spurring innovation and disruption, improving consumer experience, empowering the workforce and generating substantial avenues for growth.
However, surveys have found that more than half of digital transformation initiatives do not achieve their intended goals - resulting in capital losses and decreasing overall business efficiencies. One key reason for failed implementation is the common misconception that digital transformation relates only to technological change. While technologies themselves are central to a business' shift to digitisation, leading executives also need to ensure there is an optimal mix of organisational structure and talent to truly transform business functionality to the digital realm.
The Digital Transformation Series will examine the many factors driving businesses to seek digital solutions for their organisations — from consumer behavior, shifting market conditions, evolving economies, regulatory laws and increased competition — to the technologies that will lead the digital charge in the coming decades, including 5G, cybersecurity, artificial intelligence, cloud computing and automation. The series will dive deep into exploring the future of digital transformation in business and the crucial steps that leading executives must learn in guiding the future development and implementation of these technologies.
Cloud in the new normal - How can it take your business to new heights?
How will AI and automation impact jobs of the future?
Amidst a massive global shift to work-from-home schemes during the Covid-19 pandemic, business spending and overall utilisation of cloud computing has skyrocketed. With the value proposition of cloud functionalities becoming widely validated across industries — allowing organisations to achieve cost efficiency and more proficient business continuity — experts believe the cloud will continue transforming traditional business operations while reshaping consumer and client expectations long after the pandemic is over.
While organisations navigate some of the early challenges that come along with the positives on offer through cloud computing for the remainder of the pandemic — whether seeking efficient data migration and storage capabilities, safeguarding from cybersecurity threats or ensuring regulatory compliance is met — it’s also time for business leaders to consider how cloud computing can subsequently alter the way they do business for many years to come. While every industry must take an approach unique to their particular needs, organisations who determine how to maximise cloud utilisation are certain to have a higher likelihood of seeing true growth and success in the new normal.
How can business leaders effectively maintain organisational needs from cloud services for the remainder of the pandemic, while also considering how these needs will shift in a new normal?How can organisations anticipate shifting consumer and client demands as remote functionalities continue to proliferate?How can business leaders ensure premium return on investment from their cloud services?What are the key cybersecurity concerns that come with a primary reliance on cloud computing?How will employee investment and needs change as cloud services become more common — will your workforce need to be re-skilled?
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Established in August 2014, Qianhai International Liaison Services Ltd. is a window company of the Shenzhen Qianhai Authority servicing Hong Kong. We shoulder the responsibilities "to foster industrial collaboration, talent exchange, legal cooperation and co-development proposal, and to serve Hong Kong citizens and enterprises" and make “Support Hong Kong, Service mainland, Face the world” as its mission, not only providing consulting services to Qianhai registration for Hong Kong and overseas enterprises, but also responsible for Qianhai branding in Hong Kong, as well as assisting various Hong Kong organizations or associations to visit Qianhai.
Alibaba Cloud, founded in 2009, is a global leader in cloud computing and artificial intelligence, providing services to thousands of enterprises, developers, and governments organizations in more than 200 countries and regions. Committed to the success of its customers, Alibaba Cloud provides reliable and secure cloud computing and data processing capabilities as a part of its online solutions. In January 2017, Alibaba Cloud became the official cloud services partner of the Olympics.