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Digital transformation crucial to enterprises

The coronavirus (Covid-19) pandemic continues to have political and economic turmoil all over the world, affecting business and consumer activities. Against this backdrop, digital transformation has become crucial to enterprises for operational resilience. Other companies are increasingly considering digitalization as a choice better now than late or never, says GlobalData. “At this point, digital transformation has emerged to be the silver lining.”

Kiran Raj, Principal Disruptive Tech Analyst at GlobalData, comments: “The massive scale of Covid-19 outbreak and lockdown in some form across many countries significantly impacted businesses regardless of their size. Diminished demand from confused customers has worsened the global supply chain shock. At this point, where it is critical for enterprises to rapidly respond and remain sustainable, digital transformation has emerged to be the silver lining.”

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