Digital Transformation: Reshaping the Way We Work
A report jointly brought to you by UOB and Digital Realty
COVID-19 hit the world unexpectedly and has changed how we live. Unprecedented changes across the world have affected everyone and has forced enterprises to rethink the way they work. This has led a large number of enterprises to make not only physical changes in the workplace, but also adopt new business models in order to survive during these tough times.
With disruptions facing the world today, enterprises need to move away from traditional business models to survive. While the concept of digital transformation (DX) is not new to organisations, the pandemic has forced many companies to embark on and accelerate their DX journey, when various governments enforced lock-downs and professional workforces across the globe had to shift to remote work within a very short period of time.
As the pandemic continues, the pace of DX will pick up, with the changes so far likely to pale in comparison to what is yet to come. The way we work, build/manufacture and play will change to adapt to the new restrictive conditions set out by respective governments. Hence, it is important for enterprises to get started on a DX journey to keep up with these changes and remain competitive in this dynamic environment.
This report covers the benefits and challenges of embarking on a DX journey and provides a framework to help enterprises transform the DX strategies in their organisations.