In segment 2 of the workshop Prem touched on the “How” part of ‘digitalisation’.
There are some factors that act as inhibitors for digitalisation of a company. Some of the factors identified were mindset & beliefs, lack of awareness & knowledge, low importance of Digitalisation, Lack of vision, planning & readiness, cyber threats and more.
Additionally, what’s driving this increasing speed of digitalisation and wide-spread use of technologies, is due to factors such as Global internet availability, Low cost smart phone, Self service devices& apps, Automation using IOT, Social media, Pay as you use and more.