Transformed business during COVID-19
The pace of digitalization doesn’t seem to slow down, so to succeed companies should experiment and provide early actions in the digital area. Companies are investing in technology for a competitive advantage or refocusing their entire business around digital technologies.
The use of advanced technologies, speed in experimenting, and innovating are the key points to stay competitive in this new business and economic environment.
Both the organizational and industry levels are about the Digital approach. Now more than ever consumers started to use online channels, so industries responded in turn. The companies effectively arranged the workable online solutions within a few months, and now the workers say that remote working brings faster and more efficient results. The people also said that remote work is probably going to last for a pretty long time. The companies say they invest in technology for competitive advantage or refocusing their entire business around digital technologies. Success now is having a culture that encourages experimentation and acting early