digital business


The Necessity of Digital Transformation

Successfully executing on upcoming digital transformation initiatives has as much to do with effectively managing risk as it does with keeping up with the development of latest industry trends. No company wants to go all-in on the latest trend only to watch it be short-lived or unsustainable. A good example of this fear might be the latest dip in cryptocurrency values. While blockchain technology does seem to have real potential – it is still entirely too new and untested for the majority of organizations to commit significant resources to it. At the same time, being too slow to adapt can spell disaster for even the well-established organizations. Empty Blockbuster, Radio Shack and, soon, Toys R Us stores stand as daily reminders that standing in the way of change means only that you’re waiting to get run over by it.

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