Digitisation and Innovation. No Other Choice

The crises of recent years have made each and every one of us realise how important it is to develop long-term and multifaceted resilience. Trusted technologies, competencies and security are essential to the process. Starting with the development of digital organisational culture through to constant learning capacity and courage in experimenting with innovation, organisations are given the option of boosting their flexibility, and skill of effective response to sudden change. Unpredictable developments were indeed best faced by those who began implementing digitisation processes early on. According to a 2022 KPMG report, 99 percent of survey respondents admitted to have observed a positive impact of digital transformation on their profitability and efficiency over the past 24 months.

I have noticed leaders of assorted industries sharing the belief that innovation is the only pathway to overcoming uncertainty on global markets. Innovation is the driving force behind digital persistence – an organisation’s capacity for taking action despite all risk with the use of technology, with a view to achieve business objectives and do more for less. One would be hard-pressed to imagine providing security, supply chain continuity or care for sustainable development without advanced digital solutions.