It should come as no surprise that a growing number of businesses are moving their data storage to the cloud, as this model offers storage that can be scaled up or down depending on requirements, as well as networking and computing power that can take the Internet to locations it has never been before.
The eCommerce industry will experience dramatic changes in the coming few years, and digital transformation is going to be the major driving force behind that. Disruptive competition is going to be more intense, with more and more brands joining the online race. Adopting digital business models with automated processes and smart cost-cutting methods are surely going to help brands carve successful strategies.
Luxury retail is recognizing that the newer generations of buyers are accustomed to hybrid lifestyles and interested in the sustainability of secondhand sales. By shifting product lines to include products and tools targeting the “at-home” lifestyle and investing in secondhand selling, luxury retail companies are branching out to drive customer-focused change.
Output as a service and the servitization of the machine provide the manufacturing industry with the opportunity to improve its financial position and output. Output as a service is also the only Industrie 4.0 business model that focuses solely on growth and not on reducing cost. Thus, manufacturers interested in leveraging the smart factory to improve output must develop the capacity to provide servitized solutions or take advantage of them depending on the capabilities of a given facility.
The agile method is highly suitable for dealing with constantly changing conditions with a package such as Dynamics 365 ERP to achieve short feedback cycle, user adoption and value creation.
Today’s companies use digital assets for everything from customer engagement and process optimization to security and quality assurance. Employees need to access the assets – images, videos, audio and more – quickly and easily, without leaving their usual workflows. This makes integration with key business systems vital in any DAM solution.
Dynamics 365 Intelligent Order Management allows companies to intelligently orchestrate fulfillment and automate order flows through a rules-based system with effective exception handling.
Client transparency refers to the inclusion of clients in every step of the manufacturing process. This transparency starts when an order is made and includes information concerning production materials, supply chains, equipment, and the post-processing process.
Wealth management provides a useful illustration of the need to embed AI into the organizational DNA rather than add it on top. In fact, it would appear that at all of these companies, there’s not just an AI system at work, but a new way of doing business.
Being able to effectively collaborate and seamlessly share documentation, from discovery and regulatory approval to commercial production, provides an essential path to maximize efficiency during even the most turbulent of times. Now, forward-thinking organizations are taking important steps to further resilience and drive performance — elevating enterprise content management (ECM) to new heights. The goal is to thrive, not just survive in 2021.