Posts

Rethink your business for digital age

Every business began before the Internet now faces the same challenge: How to transform to compete in a digital economy? Globally recognized digital expert David Rogers argues that digital transformation is not about updating your technology but about upgrading your strategic thinking. Based on Rogers’s decade of research and teaching at Columbia Business School, and his consulting for businesses around the world, The Digital Transformation Playbook shows how pre-digital-era companies can reinvigorate their game plans and capture the new opportunities of the digital world like Hokuapps . You can take a look about Hokuapps Review . Britannica understood that customers’ behaviors were changing dramatically with the adoption of new technologies. Rather than trying to defend its old business model, the company’s leaders sought to understand the needs of its core customers—home users and educational institutions, increasingly in the K–12 markets. Britannica experimented with various ...

Who should lead your digital transformation?

We agree with many of the things that are mentioned, but the question is: how do you find this digital leadership? They mostly seemed to assume that all CxO’s need to work together for this, but not every company is blessed with a digital savvy management team. Without someone really taking charge of something, we all know it usually doesn’t lead to many results, as everyone is very busy with their jobs. So to take charge of the digital transformation, we believe that you need someone new: a Chief Digital Officer who becomes a permanent part of the team. He or she doesn’t need to be a digital guru, but rather a digital general manager with all the skills to manage a lot of internal and external change. Later on in the post, we describe what this CDO should be like, but first, you might be wondering whether this role is even needed. What about your existing leadership? Explaining that makes this a long post, but picking the leader for your Digital Transform...

Get your right Digital Transformation

Becoming a digital organization requires fundamentally changing how you do business. Answering these nine questions can help break through the inevitable barriers. Is there a more anxiety-inducing term in today’s corporate lexicon than “digital transformation”? Probably not, given the high stakes involved. New technologies and business models are upending entire sectors, threatening incumbents with an unprecedented wave of disruptive forces. Corporate leaders understand the need to raise their Digital Quotient,1 but many are struggling with how to do it and Hokuapps is helping them out. Digital experiments such as innovation labs and new digital products have yielded notable successes. But how do you transform your organization from an enterprise that engages in digital to a digital enterprise? This is no small challenge for companies with thousands of employees, assets worth billions, and established business models. Practices such as committed leadership, targeted comm...

Want to get all info about digital transformation? Stop thinking about problems

Organizations looking to truly embrace digital transformation must stop focusing on their own internal problems and systems and concentrate on meeting their customers’ needs. Speaking at the joint CMO, CIO magazines and ADMA Executive Connections event, entitled ‘Mastering Digital Transformation’, former Lonely Planet executive director and innovation consultant, Gus Balbontin, shared the challenges of digital disruption at the travel publishing business and the customer, operational and strategic lessons that must be learnt to cope in a digital age. Once heralded as the first point of call for any traveler to plan their journey, Lonely Planet struggled to maintain its competitive edge and profit margins as digital disruption triggered a major shift in the media industry. At the same time, the need for change was compounded by socio, political and economic forces, he said. “Taking a look at our website in 2002, we had been going at it for six years and were clearly ahead compare...

Check out Which are the most important factors to look at when undertaking a digital transformation?

Experts tackle the obstacles and essentials companies must keep in mind with regard to digital transformation to Enterprise Management 360 Gone are the days, when companies used to decide strategy and then execute it for the next five years as planned. Today the company’s life on the S&P 500 is just 15 years and it is further going down. Digital businesses like Uber, Airbnb did not exist before 2008 but now they are multi-billion-dollar poster children for digital disruption. Many organizations today have realized that digital transformation is essential for their survival & success. But many of them forget that the focus of a digital transformation is not digitization or even technology, it is “THE CUSTOMER”. Here are various aspects every business needs to consider when undertaking a digital transformation as like Hokuapps check this Hokuapps Review : Set a clear vision: Oftentimes, companies that are successful have painted a clear picture of what they want or n...

Healthcare Is Going Through Its Own Digital Transformation

Healthcare is entering a second wave of digitisation, which moves beyond electronic medical records (EMRs) with technology that touches every step of the patient journey. Nicole Hill, leader of the healthcare division at global networking and communications provider, ALE explains why now is the time to capitalise on these by creating a strategy for the digital transformation of healthcare providers. How Hokuapps is helpful for adapting Digital transformation Check this out The worldwide healthcare systems has been witnessing paradigmatic shift from acute and reactive care to patient-centric care that characterizes increased patient engagement. The various functional aspects under connected healthcare are telemedicine, home monitoring, assisted living, eHealth services, and mHealth. The growing adoption of connected healthcare technologies by patients and their caregivers across the globe are aimed at significantly improving healthcare outcomes and boosting patient welfare. The proli...

Big Data & Data Mining: two interlinked concepts with operational distinctions

Big Data Analytics Big Data, as the name suggests, refers to a huge volume of data that may be structured, semi-structured or unstructured. This data can be procured from diverse sources and then analyzed with a view to obtain relevant and essential insights from it. It is a rather complex procedure as it involves a great volume of data, the source of which is often uncertain. Moreover, it may not always be available in a uniform, structured manner. Big data analytics is an essential discipline closely linked to business development. With the help of Big Data analytics, businesses are able to determine certain factors that may directly affect their profits, consumers, strategies and products. One of the most significant aspects of Big Data analysis is that more often than not, it is linked to marketing exercises. Determining consumer preferences, recognizing patterns, making relevant and timely correlations among the vast amounts of data and drawing predictive conclusions is where...

11 Digital Transformation Hacks That Get Results

Organizations tend to get different results with digital transformation. To realize business value, first realize that transformation isn’t just about tech. Digital transformation is considerably more challenging than adopting the latest technology. While many consider digital transformation synonymous with a technology or a combination of technologies, focusing on the technology aspects alone minimizes the very real people and process issues. True digital transformation impacts every area of the business. Therefore, every aspect of the business must help enable the change Check out this Hokuapps review . “[T]he people part is the hardest part. They have to understand that the way of doing business that got you to where you are today, unless it’s driving directly to the consumer or device, is only going to hold you back going forward,” said Matt Minetola, executive vice president and CIO, travel commerce platform provider Travelport. Following are 11 digital transf...

How Enterprise Mobility is changing business landscape

It was quite obvious that print and mail promotions do not really provide the reason for business growth. It is an extremely essential portion of each business to be able to make progress. A lot of companies have gone from conventional to innovative marketing trends. The enterprises are actually associating with mobile app development firms for consuming app integration techniques. It can be geared toward optimizing generation which will also help in raising potential revenue. The use of consumer-facing applications is continually developing. This leads to an expansion of bring-your-own-device ( BYOD ) applications. You will find regularly producing efforts to be able to improve end-user communication with mobile apps. The promotion of enterprise elements to various functions aside from the work area effect plenty on the user expectations of business apps. Precisely what are enterprise apps? Enterprise apps are distant solutions which help organizations in correctin...

The way to enhance your digital transformation

If you’re thinking about undergoing a digital transformation through custom mobile app development, then you’re about to go an extremely important journey. However, before you embark on this journey, it’s necessary to focus on why you’re digitally transforming, as this can help you streamline your efforts and enable a seamless buy-in. If you want to digitally transform, HokuApps is the one you need to partner with check out this review . This is because HokuApps develops every custom mobile app on its very own automated platform – which helps business create mobile apps and workflows which are fully custom to suit a business’s unique ecosystem. Furthermore, every mobile app solution of HokuApps is cross-platform, secure, affordable and reliable. Unconvinced about transforming digitally through custom mobile app development? Here are a few things that could encourage you: Productivity will be increased by automated processes Data and analytics can hel...

Are We Prepared for Industry 4.0?

Image
Technology, like humankind, is undergoing a consistent cycle of evolution. Tactical research, experimental breakthroughs, scientific inquiry around existing technology and the integration of technology and business has accelerated the pace at which technological advancement is taking place greatly. Today, the life span of any new technology is shrinking exponentially. Complex technological tools are being used to simplify as well as to resolve problems ranging from business, media, academics, public services, social issues as well as conservation of nature. In this fast-paced, dynamic industry, the time has come for a brand new ‘revolution’. ‘ Industrial Revolutions’ Over the Years Kick started by the marvel of hydropower and the mechanics of the steam engine, the industrial revolution had drastic technological, social as well as political repercussions. Over the years, different versions of the industrial revolution have made notable disruptions in multiple sectors. The i...

How Location Intelligence Can Accelerate Retail Sales

With a relatively stable economic condition for about a decade, retail sales have experienced an upward graph pretty much around the world. More and more areas are being rapidly urbanized and the already existing urban areas are witnessing an exponential acceleration of population. All of this has been excellent for the retail sector. In the last decade, there have been introductions of countless new brands, leaders, products and success stories in the retail industry. For every successful endeavor in this era, technology has proved to be a crucial driver of the success and that is true in the case of the retail sector as well. HokuApps ’ Location Intelligence technology has contributed greatly in boosting the sales for our retail clients. Technology in Retail Location Intelligence is not the first tool that has bolstered the retail sector to achieve new highs. The process of marketing itself- be it in any industry- has predominantly leveraged advance technolog...

The Future Is Here for Cloud Computing Technology

As a nascent technology, cloud made an immediate impact on multiple industries. It practically changes the face of all tech-based organizations by introducing a new kind of infrastructural requirement. Cloud technology gave rise to many new markets and new companies that have already made a mark in the business world like Amazon Web Services, Google Cloud and Microsoft Azure. And now it is on its way to capturing much of the remaining market - thanks to the dedicated research and development around cloud computing. 2019 is projected to be ‘the year’ for cloud computing. According to a report by Gartner , the revenue generated by cloud computing is projected to grow exponentially. In order to understand this novel success around cloud computing, let us understand the technology before this you can check out Hokuapps review . What is Cloud Computing? Cloud computing refers to providing certain computer services like storage, servers, networks, analysis, databases and computer in...

Get ready to leap beyond Data Analytics with Predictive Analytics

In the world of business, the currency to succeed keeps evolving, transforming and fluctuating. There was a time when money was the only determining factor for a company’s success. At the same time, it was the only influential resource that could guarantee success in the future as well. However, as time went by, business became more and more dynamic. Multiple variables came into play which widened the turf for competition in business. This gave many entities an opportunity to be able to compete with those who were perceived to be invincible. In today’s world, data is an essential currency for succeeding in the business league and Hokuapps can help you for Data Analytics. You can check this video of Roofing Southwest about Hokuapps review . Data Unlocks Insight Data, by itself, is of little to no use to a company. However, if the same data is structured, enhanced, analyzed and run through an advanced algorithm that can strategically calculate patterns among large quan...

How well can the Internet of Things thrive in multi-cloud environments?

Introducing IoT to the World The Internet of Things has taken over our world in a strikingly dominant manner with smart homes, smart organizations as well as smart cities setting enviable standards for competitors. It has essentially demonstrated how technology can make everybody’s life much more convenient. Technological innovation is continually making new strides every day and with that, existing technology is only improving. Soon enough, we will be able to do much more by combining the tools at our disposal. In terms of the current usage of IoT, tools like smart devices and wearables have created a breakthrough for companies like Google, Apple, Amazon, etc. They have been able to bring IoT, literally into people’s homes. With smart home gadgets gaining immense popularity, the layman has been able to experience the marvelous technology closely. The profitability generated by IoT applications is noteworthy. It also gives us an opportunity to explore various potential use ca...

What Does the Future Hold For AI In Business!

The Rise of ‘Disruptive Technologies’ Disruptive innovation is one that essentially wipes out or replaces an existing market or value network. Over the years, many technological innovations have managed to displace existing systems. However, in the world of business, everything has an expiry date. Technology has shown striking evidence of disrupting existing operations, algorithms, jobs as well as markets and the pace at which this is happening is exponential. New innovations have a shelf life or validity of fewer than five years. The competition is intense and platforms for tech-based innovations are growing day by day. In this scenario, artificial intelligence has made a breakthrough like no other. AI and its Impact on Businesses Artificial intelligence in machines, as an idea, has existed for many decades but it is only now that average workplaces are able to experience scalable advantages of these systems. For sectors ranging from finance to logistics and media to governan...

Key differences between Data mining and Big data

Big Data Analytics Big Data, as the name suggests, refers to a huge volume of data that may be structured, semi-structured or unstructured. This data can be procured from diverse sources and then analyzed with a view to obtain relevant and essential insights from it. It is a rather complex procedure as it involves a great volume of data, the source of which is often uncertain. Moreover, it may not always be available in a uniform, structured manner. Big data analytics is an essential discipline closely linked to business development. With the help of Big Data analytics, businesses are able to determine certain factors that may directly affect their profits, consumers, strategies and products. One of the most significant aspects of Big Data analysis is that more often than not, it is linked to marketing exercises. Determining consumer preferences, recognizing patterns, making relevant and timely correlations among the vast amounts of data and drawing predictive conclusions is where B...

Should We Combine Blockchain, IoT and Big Data?

In the era of exponential business expansion, global breakthroughs in communication, digitization of the financial world and the democratization of media, the volume of data has increased considerably. For the public sector which is burdened with tasks like citizen profiling, healthcare, subsidy distribution system, etc., the sheer amount of data that has to be evaluated is substantial. For businesses, consumer analysis, risk assessment, financial evaluation, logistics, etc. are some of the activities that involve the need for Big Data management. Technology has contributed greatly to this increase in the volume, structure and complexity of data and technology itself offers many tools to simplify and assess it. In simple words, Big Data refers to huge volumes of data that may be structured or unstructured that is gathered from multiple sources and is used for various purposes like establishing patterns, evaluating the quality of a certain type of data or to make predictions. E...