by Ed Reed Complimentary research - World-Class Procurement: Redefining Performance in a Digital Era – can be requested here. This field is for validation purposes and should be left unchanged. London, England, United Kingdom About Blog Convedo, is the best digital & business process automation company in the EMEA region. The advent of ‘digital’ is providing organisations with more and more choices regarding how to best support their employees, serve their citizens/customers and collaborate with other organisations. every This new digital approach has improved the time to quote, accuracy of the quote and significantly increases the likelihood of the quote being converted to an order. Selecting the right mix of digital solutions based on the best insight is key to ensure ambitions are achieved and value is created. We make engaging products that can help businesses to manage customers and business productively. THIS provides systems integration services to help strengthen your digital business imperatives. But others, such as the winners and finalists of The Hackett Group’s 2019 Digital Awards, have managed to implement mature, large-scale projects that are delivering additional value in ways such as cutting costs, discovering new opportunities, and freeing up talent from thousands of hours of admin work. Nearly all the insurance executives in our survey envision a digitally transformed industry five years from now. Deliver new digital products with the best tools for IT transformation. with London, United Kingdom, of the Reaching a tipping point, LEGO started restructuring and a digital transformation programme focused on new revenue sources coming from movies, mobile games and mobile applications. DIGITAL TRANSFORMATION LTD - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity While slow to start, the insurance industry has embraced digital transformation—in large part due to new competitors such as insurtech startups and platform companies entering the arena. Shell now uses predictive analytics to optimise the ordering, storage and utilisation of pieces of spare part inventory for onshore/offshore oil rigs-ranging from well heads to pipeline parts. The importance of digital transformation for any company today is crucial, as it allows them to deliver an experience that their customers have come to expect. billers high-impact ... Simon tells us why and how he made the move to the public sector and explains what it’s really like working in digital at Companies House. The orchestration of automation, analytics and artificial intelligence will be an increasingly vital capability for procurement and digital business in future. The impact of digital transformation in the insurance industry is similar to our other examples in that consumer expectations are driving change. potential Learn how your comment data is processed. We understand clients’ industry-specific challenges and opportunities and partner with them each step along their digital journey. As many as 96% of UK enterprise decision makers noted that pandemic sped up their company’s digital transformation plans, and of these 66% said it did so ‘a great deal’. Today, we’ll dive into examples of digital transformation with success stories from the perspective of those within the company. Stay informed on the latest topics in Digital Transformation, Process Automation, and Robotic Process Automation. Although the COVID-19 pandemic sped up some aspects of digital transformation—including many companies’ embrace of cloud platforms and remote work—technology is always evolving at a rapid pace. Disclaimer: the opinions expressed in this article are those of the author and not necessarily those of Spend Matters, Your email address will not be published. So, any company … Slow technology adoption could prove to be a problem as many businesses have admitted to being slow in technology adoption. Porsche places the customer at the heart of their strategy: Customer experience drives Porsche’s digital strategy. and Contingent Workforce & Services Procurement, Coupa and complexity: Acquisitions, tech integration and customer issues, Spend Matters and CIPS announce global partnership for procurement knowledge and technology, How procurement can lead amid a fractured global economy, We should stop overpaying for digital procurement solutions, To Procurement and beyond — bridging the supplier information gap, Future 5 start-up winner Trakti talks blockchain-integrated contract lifecycle management, TransferMate — Solution overview of cross-border payments capabilities, Trax CEO: Transportation spend management is next technology sector to see a boom, So You Want to Go Into Procurement Consulting: 3 Areas to Consider, The Sustainable Procurement Pledge Q&A: 'It's exciting to find out how we can contribute', Services Procurement & Contingent Labor Management. and Businesses are spending huge amounts on digital transformation, but why is it so important and what can your company do to get started? 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