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May 17, 2021 · The Government of Sri Lanka has embarked on a highly anticipated digital transformation journey to help the general public and businesses fill and submit relevant information and documents digitally without having to visit government offices.
Sub-Saharan Africa (SSA) faces critical challenges for digital development, including underdeveloped digital infrastructure, lack of accessible and affordable connectivity, a stubborn digital gender gap, limited skills for digitally enabled industries, and inadequate regulatory and policy environments.
- Set Big, Bold Aspirations, and Integrate Them Into The Overall Business
- Build Digital Capabilities Around Customer Experience
- Leverage Data Analytics to Drive Real-Time Decisions Across The Value Chain
- Foster An Innovative and Agile Culture
- Invest in Digital Organization and Talent
Companies can’t do digital on the margins. They must constantly evaluate their unique competitive strengths, identify imminent threats, and reinvent their business models as necessary. Equally important: they must anchor themselves to a clear digital strategy focused on customer needs. The New York Times, for example, took an integrated approach to...
Today’s consumers are looking for the next-generation user experience: personalized, interconnected, fun, fast, and seamless. Multichannel is passé; omnichannel is the new reality. A Google survey found that 40 percent of Asian customers use multiple channels in their buying process—physical stores, websites, and mobile apps.6Google Consumer Barome...
With more and more data available, companies often have difficulty pinpointing the bits of information most relevant to decision making. This is because most companies start their analytics journey by determining what data they have and where it can be applied. Almost by definition, this approach limits the impact of analytics. To achieve analytics...
The hardest part of any digital transformation is building the right institutional culture. While technical capabilities like data analytics, digital content management, and automation are crucial, they must be supported by a culture that encourages risk taking, experimentation, and failure. The traditional linear and sequential “waterfall” approac...
Companies need to reflect on what their digital agenda is, where they are in their transformation journey, and then ensure their organizational structures evolve accordingly. While some companies may choose to keep their core business intact and carve out specific areas where digital will have the most impact, others can embark on a full-scale digi...
Sri Lanka has begun its digital journey with some of the key elements in place (see the Background Paper contained in Annex C), but with room to improve and expand access, innovation, and capabilities of people, businesses, and the government.
The digital economy in Sri Lanka, estimated to be USD 3.47 billion or 4.37% of GDP, is gradually emerging. Sri Lanka’s ICT/BPM workforce is supposed to reach 300,000 from 125,000 in 2018, which would then support a USD 3 billion industry from the current USD 1 billion.
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Jan 13, 2021 · Asian management consultancy MTI Consulting has released the 2021 edition of its ‘Digital Transformation in Sri Lanka’ report. Based on the views of CxOs of leading corporates in the country, the report outlines the key digital transformation trends and opportunities in the country.
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May 30, 2020 · It is for this reason that Shaw and Hanson argue that Africa needs to leverage digital technologies to become a disruptor itself, advancing its own variety of development in which its AI, IoT innovations and related services such as design, drones, fashion, film, foods, mobile finance, crowdsourcing (IDS 2016) and music facilitate its global ...
