As we said a few weeks ago, we are looking forward to eWorld on February 28th, to attending many of its very useful workshops – and of course meeting old and new friends in the world of procurement. We also highlighted Coact Consulting Group, who offer advisory services to help companies gain commercial growth, by identifying and helping to solve barriers, and enabling strategic partnerships. They have deep knowledge of digital transformation, and very innovative thinking, so we are keen, given the eWorld theme of being ‘future fit,’ to hear what the Director Bastiaan van Drempt has to say on the subject of how technology can help innovate your business model. Hope to see you there, but in the meantime, here is Bastiaan:

Every organisation is a technology enterprise creating a platform for people to connect, collaborate and innovate. It is therefore no longer about formulating a digital strategy, it is all about creating a strategy to thrive in an inter-connected digital world.

This makes digital transformation a pertinent topic with companies operating in every sector, industry or country focused on how to integrate new technologies into their operations to transform their organisations end-to-end.

The reason why digital transformation is so important is that the core capabilities of an enterprise are not ‘unique’ which means that everyone must leverage technologies such as IoT, Data Analytics, Smart Contracts, The Cloud or Blockchain to effectively compete on variables such as price, quality, risk and time going forward.

Click here to read the full article by Nancy Clinton