Page 1 of 1

Digital transformation is the need for enterprises

Posted: Mon Dec 23, 2024 4:48 am
by rifat22##
The author believes that the core reason for the success is, on the one hand, the premise of the leading securities firms' own internal cultivation, and on the other hand, their understanding of the essence of digital transformation, that is, first of all, it is a matter of business and development, and then technology is to solve the problem. The key for the leaders is to identify their core advantages, special highlights, relative competitiveness and focus on building barriers to core competitive advantages rather than blindly following, copying or even plagiarizing strategies to do things they are not good at, using their own weaknesses to attack others' strengths.



5. Is the core of digital transformation technology? Or kuwait mobile number list business? Are the two mutually exclusive or coexist? Are there more factors? The sweeping wave of digitalization and the attention from senior government officials and the support of industrial policies have accelerated the strategic choice of securities companies for the path of digital transformation. In the future, under the background of further deep integration of the digital economy and the real economy, enterprises of different industries, different tracks and different sizes will need to face the issue of digital transformation. Through the analysis of the problems in the process of digital transformation and the combination of the concepts, concepts and definitions of digitalization, the author believes that the core of digital transformation is to reasonably use digital technology to redefine and optimize the business processes, operating models, service experience, management structure and business philosophy of securities companies to improve production efficiency, reduce costs, enhance competitiveness and innovation capabilities.



In actual development, I have also seen that some leading securities firms that have done well have presented a common feature, namely, "business first drives the technology transformation system" + "reversely promotes business improvement processes" to achieve a spiral double-cycle rise in business and technology goals. The key lies in the strategy based on the digitalization or wealth management of the enterprise, which even directly originates from a specific pain point in the development process of a certain business of the securities firm, and then derives the corresponding business needs, and then the system is designed based on the needs of business and processes.