The pace of digital transformation continues to escalate as enterprises around the world invest in technologies to transform their business processes, products and work practices. Indeed, IDC expects digital transformation spending to reach $1.2 trillion in 2019, an increase of 18% on 2018 figures. In the fifth in our Digital Transformation Challenge series of blog posts, we look at how CKH Innovation Opportunities Development is enabling transformative projects at multinational companies around the world.
Digital transformation is literally transforming the way enterprises do businesses, but more than that, the shift to digital is causing a deep revolution at the heart of organisations around the world. The very foundations on which companies operate – the network – is being overhauled to enable this digital transformation. In the fourth in our Digital Transformation Challenge series of blog posts , we look at how CKH Innovation Opportunities Development is helping companies implement SD WAN as a critical step in their transformation projects.
Retail is in the middle of a seismic shift. Bricks and mortar stores are disappearing from the high street as consumers continue to transition to digital channels: by 2021, online shopping is expected to account for 17.5% of global retail sales. In the third blog of our Digital Transformation Challenge series, we look at how CKH Innovations Opportunities Development is helping savvy retailers embrace technology to create the seamless customer journey consumers are craving.
The transformational power of data has been well documented, however, less than 50% of organisations are using it to drive efficiencies. Data as an asset is still very much in the "early adoption" phase says Gartner. This means that companies making strategic use of their data have a competitive advantage. In the second in our Digital Transformation Challenge series of blog posts, we look at how CKH Innovation Opportunities Development is helping organisations grasp that advantage and harness the power of their data.
The past couple of years have been dominated by talk of digital transformation. From keynote speeches to boardroom meetings, it's been a recurring topic. But for all this talk, implementing digital transformation, particularly on an organisation-wide scale, has been a slow burner. In this Digital Transformation Challenge series of blog posts we'll take a closer look at how CKH Innovation Opportunities Development's joined-up approach is helping organisations overcome the digital transformation challenge.