taking a digital leap · only challenged the existing business models of all organisations but has...

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NOTE XPRESS www.fiinovation.co.in ISSUE: #55 |JUNE 2020 By 2023, IDC(International Data Corporation) predicts that 52 per cent of global GDP will be driven by "digitally transformed" enterprises; and that by 2024, 51 per cent of IT budgets will be for digital innovation and transformation. TAKING A DIGITAL LEAP The new normal that we have stepped in, is constantly evolving. 2020 has changed the way we work by paving the way for digital transformation. Businesses now cannot go back to the traditional models, implementation of digital interface and upskilling the employees is the only way forward to ensure long term productivity. In a world that is increasingly online, growth means creating a framework for digitalisation and expanding our portfolio by embracing the digital marketing strategies. All one needs today, is a smartphone and high speed internet to join the digital world. CEO SPEAKS DR SOUMITRO CHAKRABORTY We are all on this digital transformation journey together. The pandemic has not only challenged the existing business models of all organisations but has also given us a unique opportunity to evolve and explore our potential by embracing the use of new innovative technologies. Many organisations across the world have initiated the physical-to-digital transformation process to bridge the digital divide that existed for years. Digital transformation is critical for India’s growth and business continuity and competitive advantage. It’s time for us to switch to digital era. DIGITAL TRANSFROMATION SOLVING TRADITIONAL PROBLEM WITH TECHNOLOGY CUSTOMER FOCUS over product focus in technology decision making ORGANIZATIONAL STRUCTURE that supports a seamless customer experience CHANGE MANAGEMENT and cultural transformation TRANSFORMATIONAL leadership drives technology decisions TECHNOLOGY DECISION involve entire c-suite INTEGRATION of all data systems DIGITIZATION guides the customer LOGISTICS & SUPPLY CHAIN improve efficiencies INTERNAL CUSTOMER EXPERIENCE involve entire c-suite EVOLUTION OF PRODUCTS, SERVICES & PROCESSES around delivery DATA SECURITY, PRIVACY & DATA ETHICS standards are a focus WAY FORWARD FOR FIINOVATION To drive the digital transformation in our organisation, we are working on the strategy to incorporate cloud based systems and leveraging technology to create new opportunities. The lock-down and work from home made us all explore the cloud computing tools and soon we realised digital technology has disrupted all traditional ways of functioning. We are also building virtual meeting studios in our office to conduct meetings with our valuable partners, keeping in mind the safety of our team and clients. In a post pandemic world the new digital initiatives will help us drive efficiencies and reach new heights. IN THE Admitad India Partners with Fiinovation to Provide Relief to Frontline Workers Amidst COVID-19 in Gurugram, Haryana Fiinovation supports the education of underprivileged children through their CSR initiative - PRAGYAM Read more>> Read more>> COVID-19: New Normal will Witness More Businesses Supporting CSR Read more>> Fiinovation impacts a million lives amid coronavirus pandemic Read more>> *Source: blakemichellemorgan.com

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Page 1: TAKING A DIGITAL LEAP · only challenged the existing business models of all organisations but has also given us a unique opportunity to evolve and explore our potential by embracing

NOTEXPRESS

www.fiinovation.co.in

ISSUE: #55 |JUNE 2020

By 2023, IDC(International Data Corporation)

predicts that 52 per cent of global GDP will be

driven by "digitally transformed" enterprises;

and that by 2024, 51 per cent of IT budgets will

be for digital innovation and transformation.

TAKING A DIGITAL LEAP

The new normal that we have stepped in, is constantly evolving. 2020 has changed the way we

work by paving the way for digital transformation. Businesses now cannot go back to the

traditional models, implementation of digital interface and upskilling the employees is the only

way forward to ensure long term productivity. In a world that is increasingly online, growth means

creating a framework for digitalisation and expanding our portfolio by embracing the digital

marketing strategies. All one needs today, is a smartphone and high speed internet to join the

digital world.

CEOSPEAKSDR SOUMITRO CHAKRABORTY

We are all on this digital transformation

journey together. The pandemic has not

only challenged the existing business

models of all organisations but has also

given us a unique opportunity to evolve

and explore our potential by embracing the

use of new innovative technologies. Many

organisations across the world have

i n i t i a t e d t h e p h y s i c a l - t o - d i g i t a l

transformation process to bridge the digital

divide that existed for years. Digital

transformation is critical for India’s growth

and business continuity and competitive

advantage. It’s time for us to switch to digital

era.

DIGITALTRANSFROMATIONSOLVING TRADITIONAL PROBLEM

WITH TECHNOLOGY

CUSTOMER FOCUSover product focus in technology

decision making

ORGANIZATIONAL STRUCTUREthat supports a seamless customer

experience

CHANGE MANAGEMENTand cultural transformation

TRANSFORMATIONALleadership drives technology decisions

TECHNOLOGY DECISIONinvolve entire c-suite

INTEGRATIONof all data systems

DIGITIZATIONguides the customer

LOGISTICS & SUPPLY CHAINimprove efficiencies

INTERNAL CUSTOMER

EXPERIENCEinvolve entire c-suite

EVOLUTION OF PRODUCTS,

SERVICES & PROCESSES around delivery

DATA SECURITY, PRIVACY &

DATA ETHICS standards are a focus

WAY FORWARD FOR FIINOVATIONTo drive the digital transformation in our organisation, we are working on the strategy to incorporate

cloud based systems and leveraging technology to create new opportunities. The lock-down

and work from home made us all explore the cloud computing

tools and soon we realised digital technology has disrupted

all traditional ways of functioning. We are also building

virtual meeting studios in our office to conduct

meetings with our valuable partners, keeping in

mind the safety of our team and clients. In a post

pandemic world the new digital initiatives will

help us drive efficiencies and reach new heights.

IN THE Admitad India Partners with Fiinovation to Provide Relief to Frontline Workers Amidst

COVID-19 in Gurugram, Haryana

Fiinovation supports the education of underprivileged children through their CSR

initiative - PRAGYAM

Read more>>

Read more>>

COVID-19: New Normal will Witness More Businesses Supporting CSR

Read more>>

Fiinovation impacts a million lives amid coronavirus pandemic

Read more>>

*Source: blakemichellemorgan.com