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1. www.mckinsey.com › capabilities › mckinsey-digitalUnlocking Sri Lanka’s digital opportunity | McKinsey

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   Oct 5, 2018 · The path forward. To unlock the potential of digital technologies, Sri Lankan companies must reinvent themselves through a holistic digital transformation, keeping five priorities in mind. 1. Set big, bold aspirations, and integrate them into the overall business. Companies can’t do digital on the margins.

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     Sri Lanka’s Digital Economy Transformation 2018

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     Digital Transformation | What is Digital Transformation | Digital Transformation 2021 | Simplilearn

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     What Is Digital Transformation - A Brief Introduction With Examples, Process and Statistics

     31 Mar 2022

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3. businesses.lk › why-sri-lankan-businesses-needWhy Sri Lankan Businesses Need Digital Transformation?

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   Jun 18, 2024 · This article delves into why digital transformation is crucial for Sri Lankan businesses, highlighting the potential for growth, efficiency, and global reach. Overview. Digital transformation can significantly boost profit margins and reduce operational costs through automation and data-driven decisions.

   • Email: info@businesses.lk

   • Employees: 11-50

4. www.mckinsey.com › ~ › mediaUnlocking Sri Lanka’s digital opportunity - McKinsey & Company

   www.mckinsey.com › ~ › media

   Unlocking Sri Lanka’s digital opportunity Digital maturity in Sri Lanka In an analysis of about 50 Sri Lankan companies across multiple industries, 4 McKinsey found that the country’s DQ score of 35 places it slightly higher than the global median of 33 (Exhibit 2). The research found that companies with higher

5. www.consultancy.asia › news › 4994Digital transformation trends and opportunities in Sri Lanka

   www.consultancy.asia › news › 4994

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   Jan 13, 2021 · Arising from the trends, leaders in Sri Lanka identified five key digital transformation opportunities that companies can capitalize on: Personalization and differentiation The availability of big data and advanced analytical capabilities offers Sri Lankan companies the ability to deliver personalized offerings to their customers while also ...

6. www.linkedin.com › pulse › why-sri-lankan-businessesWhy Sri Lankan Businesses Need Digital Transformation? - LinkedIn

   www.linkedin.com › pulse › why-sri-lankan-businesses

   Jun 18, 2024 · Embracing digital transformation offers a myriad of advantages for Sri Lankan businesses. One of the most significant benefits is the enhancement of operational efficiency. By adopting digital ...

7. www.outofbox.lk › 2023/10/28 › harnessing-digitalHarnessing Digital Transformation: Strategies for Sri Lankan ...

   www.outofbox.lk › 2023/10/28 › harnessing-digital

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   Oct 28, 2023 · Embracing digital technologies and strategies can unlock significant growth opportunities and enhance competitiveness in today’s fast-paced digital landscape. In this article, we will explore key strategies for Sri Lankan businesses to harness digital transformation and thrive in the digital age.

8. People also ask

   Do Sri Lankan companies need a digital transformation strategy?

   • Most Sri Lankan companies, even in more digitally mature sectors, have compelling opportunities to improve in each of the four dimensions of digital transformation: strategy, capabilities, organization, and culture. McKinsey’s further analysis of the scores of the 18 management practices revealed the following noteworthy trends (Exhibit 5):

   Unlocking Sri Lanka’s digital opportunity | McKinsey

   www.mckinsey.com/capabilities/mckinsey-digital/our-insights/unlocking-sri-lankas-digital-opportunity

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   How digitally mature is Sri Lanka?

   • Unlocking Sri Lanka’s digital opportunity Digital maturity in Sri Lanka In an analysis of about 50 Sri Lankan companies across multiple industries,4McKinsey found that the country’s DQ score of 35 places it slightly higher than the global median of 33 (Exhibit 2). The research found that companies with higher

   Unlocking Sri Lanka’s digital opportunity - McKinsey

   www.mckinsey.com/~/media/McKinsey/Business Functions/McKinsey Digital/Our Insights/Unlocking Sri Lankas digital opportunity/Unlocking-Sri-Lankas-digital-opportunity.ashx

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   Is Sri Lanka ready for a digital revolution?

   • Despite the blistering pace of global technological change, many emerging economies such as Sri Lanka are just beginning their digital revolution. While the annual growth rate of Sri Lanka's Internet population has surged by double digits over the past decade, only about 30% of the population is active online and on social media. 1

   Unlocking Sri Lanka’s digital opportunity | McKinsey

   www.mckinsey.com/capabilities/mckinsey-digital/our-insights/unlocking-sri-lankas-digital-opportunity

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   What is the biggest opportunity for digital maturity in Sri Lanka?

   • This category represents the biggest opportunity for improvement. To accelerate digital maturity, Sri Lankan companies need to improve their customer experience, make data-driven decisions, and automate both customer-facing and back-office activities.

   Unlocking Sri Lanka’s digital opportunity | McKinsey

   www.mckinsey.com/capabilities/mckinsey-digital/our-insights/unlocking-sri-lankas-digital-opportunity

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   Does Sri Lanka have a digital culture?

   • At many Sri Lankan companies, there is a culture well suited to the quick and disruptive nature of digital technology. Organizations have developed cross-functional agile teams and actively seek external partnerships and acquisition opportunities that will help them build digital capabilities.

   Unlocking Sri Lanka’s digital opportunity | McKinsey

   www.mckinsey.com/capabilities/mckinsey-digital/our-insights/unlocking-sri-lankas-digital-opportunity

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   Is Sri Lanka a good place to invest in digital marketing?

   • In comparison with other Asia Pacific emerging markets, Sri Lanka exhibits strengths in connectivity, digital marketing, investment in digital initiatives, and the ability to move quickly. Yet when compared with China, India, and more-developed countries, Sri Lanka is well behind.

   Unlocking Sri Lanka’s digital opportunity | McKinsey

   www.mckinsey.com/capabilities/mckinsey-digital/our-insights/unlocking-sri-lankas-digital-opportunity

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9. www.ft.lk › it-telecom-tech › Business-resiliencyBusiness resiliency: How 5 Sri Lankan companies are ...

   www.ft.lk › it-telecom-tech › Business-resiliency

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   Nov 6, 2020 · In Sri Lanka, tourist arrivals fell by 50% in the first half of 2020, with zero tourists in April, May, and June. CodeGen, a globally-recognised technology company in Sri Lanka, is the developer of TravelBox, one of the world-leading business transformation platforms used by blue-chip travel and tourism companies.