Digital Transformation Archives

Digitization vs Digitalization vs Digital Transformation? What’s the difference and how can they benefit corporates?

Gartner, a globally recognized international research and IT advisory firm reports a continuous upward trend in IT spending on public cloud services in their 2023 study. Indicating that organizations, as of 2023, are increasingly adopting cloud computing either as a disruptive technology or as an enabler of capabilities. Moreover, projections indicate that by 2024, global end-user spending on public cloud services will amount to $679 billion, exceeding $1 trillion by 2027.

These data and trends clearly indicate that amid this era of significant transformation, enterprises must accelerate the formulation of digital transformation goals and strategies, enhance the application of cloud technology, and be prepared to meet challenges at any time. Only by doing so can they secure a firm foothold in the market.

Document Workflow Automation: The Complete Guide and 5 Best Software Reviewed For 2024

What Is Document Workflow Automation?

Document workflow automation, within the broader context of business process automation, focuses on deploying digital tools to facilitate the seamless flow of digital documents across various departments and individuals within a corporation. This strategy is critical for companies aiming to efficiently manage their document governance by guiding different types of documents along predetermined routes and operational procedures until they reach their intended conclusion. Implementing such automation practices enhances operational efficiency and simplifies repetitive tasks, making it an essential component across diverse business sectors.

What is a Digital Workflow? How to Automate It and What Are the Benefits?

The digital age has ushered in a wave of transformation that businesses can no longer ignore. As we navigate 2024, the pursuit of growth and operational efficiency has become a top priority, with a staggering 89% of high-tech and software companies actively seeking new pathways, according to an Accenture study. In this climate of change, bridging the gap between manual and digital processes has become crucial, leading many enterprises to integrate digital workflows into their operations.

Digital Mindset: What It Is and How It Can Help Your Businesses

Cultivating a “digital mindset” has become imperative for modern businesses striving for success. As Carol S. Dweck, the author of Mindset: The New Psychology of Success, eloquently stated, mindset plays a pivotal role in shaping individual growth, achievements, and life trajectories. This principle resonates profoundly within the corporate realm, where establishing a digital mindset lays the foundation for team and organizational triumphs.

Recognizing the urgency of digital transformation, the European Union has set ambitious targets through its Path to the Digital Decade program, aiming for at least 75% of businesses to leverage cloud services, artificial intelligence, and big data by 2030. As a provider of digital workflow services, KDAN has long been at the forefront of fostering a robust digital culture, actively inviting partners and clients to embrace this transformative journey through its innovative products. This article delves into the essence of a digital mindset, exploring how business leaders can instill digital skills and align their teams with overarching digital and business goals. Let’s dive in.

Digital Culture in the Workplace – What It Is and Why It’s Important?

Digital transformation is a global trend that is only accelerating. In November 2021, IDC predicted that global spending on digital transformation will reach USD 2.8 trillion in 2025, more than double the amount allocated in 2020. As businesses navigate uncertainty and change, digital transformation has become crucial for remaining competitive and nimble. However, 64% of CIOs see workplace culture as a key barrier to effectively scaling these efforts.

While culture can hinder digital transformation initiatives, it can also be an enabler when oriented around supporting technological change. Forward-thinking companies are realizing that building a “digital culture” is instrumental for unlocking the full potential of new technologies.

When dealing with digital transformation, one strategic business approach is building a team and workplace aligned around digital culture. What exactly does this entail and why does it matter? Let’s explore the ins and outs of digital culture and why actively fostering it needs to be a priority for leadership.