Through the CDAP, Canadian SMEs will be able to assess their digital readiness and apply for grants and loans online. Small and medium businesses would be able to leverage e-commerce opportunities, upgrade or adopt digital technologies and digitize their operations to stay competitive and meet customer needs in the digital world.
Digital transformation is the integration of digital solutions to enable an organization to improve its customer experience, business and operating processes & culture. It isn’t just about bringing efficiency to outdated businesses; it’s about bringing value to your customers.
If you own or operate a business, then you should be thinking about innovation and modernization. This is true for nearly every business, and especially true for companies that have not deliberately strategized for modernization or innovation recently. We can examine innovation and modernization across a variety of parts of a business, from our customer profiles to our physical plants, but let’s focus our attention primarily on the technical side of your business. Why modernization and innovation matter You may be wondering why innovation and modernization are important at all. After all, your business is running just fine without making drastic changes to your strategy or your business practices, right? Perhaps things are great–but they can ALWAYS be better. What if you could streamline some aspect of your business to make you more responsive to your clients? What if there was a way to better engage your potential customers and make them more likely to choose you (along-side of, or integrated with, your marketing strategy)? What if you could make a few changes that would make it easier for your employees to work together to solve problems? This is all a part of a business process modernization. And as CIO Deb Gildersleeve puts it, “I have yet to see a place where modernizing isn't needed.” …
Your business is unique. You have worked very hard to establish your brand, and to find your place in your market. Even so, your business can definitely benefit from digital solutions, whether you operate in a brick and mortar capacity with a set physical location, or you operate completely remotely. Digital solutions is a wide-ranging concept, so to get you starters, we’ve identified 7 digital solutions services that every company needs. Before we explore the essential digital solutions services, Let’s define digital solutions as a concept. What are Digital Solutions? At the most simple, a digital solution is a computerized method of doing something that otherwise would have to be done in another–and often slower and more time-involved–way. To put it another way, we’re talking about using technology to help streamline processes or to solve problems. As technology has improved, digital solutions have been developed to handle a huge range of tasks and to solve many different kinds of problems. Remember, these aren’t just tools, they are meant to be SOLUTIONS. Many businesses have moved from in-person operations to fully remote or flexible work environments. With that shift has come the idea of digital transformation, a sweeping paradigm shift for business operations strategy. As Entrepreneur Magazine explains: When you commit to digital transformation, you’re enabling your company…
Many of our clients are making digital transformation happen by accessing various government funding programs. Those programs want to see detailed financial information, including a “project budget.” How do you create a realistic budget for digital transformation when you know you’re headed on a journey that won’t be a predictable “project”? Here are some guidelines for creating a detailed but flexible set of numbers to persuade funders and keep your team on track.
A solid plan is essential for digital transformation. But that’s just the beginning. As you move from planning into execution mode, here are some practical pointers to help you achieve your vision for modernizing your business.
The fourth industrial revolution (4IR) is well underway. And the most significant change it has brought is the digitization of most business processes. Those who don’t adapt to the changes and fail to adopt digital transformation will lose opportunities to grow their businesses exponentially.That’s why you must implement the right digital resources that will power your business into the future.What are Digital Resources?Digital resources are automated systems designed to digitize legacy systems used to run businesses. A digital resource serves the purpose of helping you increase productivity, improve efficiency, and reduce costs. This results in higher customer satisfaction rates, business growth, and a boost in revenue.Digital Transformation vs. Digital Resources — What’s the Difference As you look into digitizing aspects of your business, you’ll hear two terms being used interchangeably — digital transformation and digital resources.But are these two the same?No, they are not. Here’s the difference between the two:Digital transformation. This is the process of adopting systems, processes, and tools that will help digitize your business.Digital resources. These are the actual tools you use to adopt digital transformation in your business. These include hardware and software and software components as well as cloud-based solutions.Now that you know the difference let’s quickly dive into the digital resources you should know as you look to embrace digital transformation.6 Different…
When you decide to modernize your business, you embark on a journey to some place you haven’t been before. But just because you’re traveling toward unexplored territory doesn’t mean you can’t create a map to take you there. A detailed digital roadmap makes the difference between digital initiatives that yield real results and those that disappoint.
Automating your marketing doesn’t mean turning over creative control to software applications. Quite the opposite. When you automate routine tasks, you free up your marketing team to use their human ingenuity in fresh, inventive ways.
Ecommerce is booming and many brands are raking in huge profits. Here are 15 small business ecommerce tips and strategies you can use to ensure your success.
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