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Businesses that are equipped with smart technology, such as AI, are the ones that will be able to adapt faster to unavoidable changes.
In the business world, the year 2020 will go
down in the history books as the year the status quo was overturned. Companies
had to move their businesses online overnight and keep their workforce
connected remotely. But 2020 will also be viewed as a time of huge opportunity:
for a lot of companies, the pressures brought on by the pandemic jolted them
out of complacency and into the tech age.
See also: Successful Digital Transformation Starts with a True Understanding of Processes
While digital transformation has been at the
top of business to-do lists for a long time, the effects of COVID-19 will
cement its status. The pandemic has squeezed five years’ worth of technology
change into a span of five months. And the common denominator for survival is
the ability to implement change quickly.
If the first half of 2020 forced companies to
undergo a digital transformation, the second half is going to force businesses
and employees to face the question they’ve been avoiding: now that they have
these new digital tools, how can they use them long …
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