Key survival issue Currently, digital transformation is taking place worldwide. According to a recent survey by International Data Group, nearly 90% of businesses have started their conversion with different steps, from research to implementation. More than 30% of business leaders surveyed considered digital transformation a vital issue, confirming the immediate effectiveness brought about by digital transformation in many aspects: superiority in customer understanding, increased productivity, ensuring competitive prices and speeding up creativity. If enterprises and organisations are slow in shifting, it will lead to consequences such as inferior labour productivity, decision-making delays, a lack of sensitivity to seize opportunities and not being closely associated with customers. In fact, there are large enterprises with a development history of hundreds of years but have not caught up with "digitalisation", or have the desire to transform but have not succeeded, have lagged … [Read more...] about Vietnam on the verge of digital transformation
Forrester digital transformation 2018
Digital transformation delivers breakthrough chances to VN
The experts comment that thanks to the digitalization process, along with the impressive growth of technological advancements, all regular activities of human beings, especially commercial ones, are gradually changing. There exist a group of businesses which operate basing on real-time data, making them the leader thanks to their remarkable performance and outstanding quality. They can better serve customers, and thus increasing their own revenues while minimizing overhead costs. In fact, the digitalization process has brought precious values like profit growth, cost saving, real-time operation of complicated data systems, large-scale customization of devices. Therefore ‘digital transformation’ has been ranked in the top three prioritized issues of any business in this era. According to Mr. Truong Gia Binh, President of FPT Group, since 8 years ago, FPT has continuously received invitations from major international corporations because they are able to master cutting edge … [Read more...] about Digital transformation delivers breakthrough chances to VN
Vietnamese enterprises to boost digital transformation
Viet Nam News HÀ NỘI — Increasing profit a few hundred per cent, saving billions of dollars in technology costs, operating complex data systems in real time, transforming appropriate business models, improving operational efficiency and personalising customer experience on large-scale digital platforms at fast speed were the benefits of digital transformation, said Dr. Phương Trầm, FPT head consultant on digital transformation and former DuPont CIO at a seminar in Hà Nội this week. Digital transformation in organisations and businesses is the process of changing from traditional models to digital enterprises by applying new technologies such as Big Data, the Internet of Things (IoT) and cloud computing. It also changes operation and leadership methods, working processes and corporate culture. Digital transformation brings many benefits such as cutting operating costs, reaching more customers in a shorter time, quicker and more accurate … [Read more...] about Vietnamese enterprises to boost digital transformation
Data forms core of digital transformation process: VDE Forum 2018
Data forms core of digital transformation process: VDE Forum 2018By Chi Thinh The first session of VDE Forum 2018 focuses on digital transformation and open data exploitation activities, shared by technology experts and State-run management agencies – PHOTO: CHI THINH HCMC – Data serves as the core element of the digital transformation of Vietnam, according to technology experts at Vietnam Digital Economy 2018 (VDE Forum 2018). It also plays a crucial role in developing and converting e-governments into digital governments. The event, which kicked off on November 1 in HCMC, is aimed at sharing experiences in the adoption of digital transformation and the development of global digitalized models among technology experts, information technology solution providers and companies currently performing digital transformation activities. Addressing the forum, André Laperrière, executive director of the United Nations Global Open Data for Agriculture and … [Read more...] about Data forms core of digital transformation process: VDE Forum 2018
Data form core of digital transformation process: VDE Forum 2018
Data form core of digital transformation process: VDE Forum 2018By Chi Thinh The first session of VDE Forum 2018 focuses on digital transformation and open data exploitation activities, shared by technology experts and State-run management agencies – PHOTO: CHI THINH HCMC – Data serves as the core element of the digital transformation of Vietnam, according to technology experts at Vietnam Digital Economy 2018 (VDE Forum 2018). It also plays a crucial role in developing and converting e-governments into digital governments. The event, which kicked off on November 1 in HCMC, is aimed at sharing experiences in the adoption of digital transformation and the development of global digitalized models among technology experts, information technology solution providers and companies currently performing digital transformation activities. Addressing the forum, André Laperrière, executive director of the United Nations Global Open Data for Agriculture and Nutrition, … [Read more...] about Data form core of digital transformation process: VDE Forum 2018