Digitalization with E2E
Digitalization offers companies considerable opportunities. Most business processes can be implemented much more efficiently if they are completely or at least partially digital. Thanks to technological progress, many existing business models are increasingly being called into question.
The key word here is digital disruption. These innovation-driven upheavals are often associated with specific industries such as finance or commerce.
In the case of the banking sector, the main question is how they will deal with competition from FinTech companies and blockchain systems in the future. Retail companies, on the other hand, need omnichannel strategies to link online and offline channels as closely as possible. In both cases, technological change leads to massive changes. Retail companies and banks can either take an active role and see digitization as an opportunity or risk being pushed aside by new players.
The industries described are only examples of a development that goes far beyond the financial industry and retail. All economic sectors and public administration are now affected by digitisation. The effects of technological change will intensify considerably in the coming years, not least thanks to ever shorter innovation cycles.
We have been supporting companies in their digital transformation for over 20 years.