With the exponential growth of digital technologies in the last few years, the automotive industry has been affected significantly. In order for automotive businesses to remain relevant and competitive, a redefined approach towards supply chain processes, customer and distributor engagement, and product offerings must be adopted.
Businesses are increasingly facing the need to make use of innovative solutions and deeper industry insights so as to improve operations, increase revenues and grow further. To achieve this, the industry players must:
- Use predictive analysis and big data for insights and foresights
- Adopt digital technologies and platforms for digital transformation
- Utilize next generation After Market solutions
- Develop better solutions and products for cost saving and higher efficiency
- Improve customer experience for the modern digital consumer
- Create better supply chain strategy
As the various players start leveraging technology to achieve the above goals, automotive industry as a whole will experience a positive change and faster growth.
PRINT MEDIA & PUBLISHING
The emergence of digital technologies in the last few years has had a disruptive effect on the print media and publishing industry. Content previously meant for print media such as newspapers, journals, books and magazines, is now been actively repurposed for the digital platforms including web and mobile.
With the exponential rise in the number of digital channels such as search engines and social media platforms, the print media and publishing businesses must adapt or perish.
And as such, it is crucial for the industry players to devise and implement content strategies that can help them differentiate and grow. Digital asset creation and management, digital publishing, mobile printing, data analytics and CRM, are but some of the many solutions that the industry players can utilize to remain profitable.
The banking and financial sector are one of the many industries to have been taken by storm with the rise in the modern technology. With an ever-increasing number of tech-savvy consumers, necessity to remain profitable in emerging economies, continuous threat of cybercrimes, and the pressure of remaining relevant in the evolving technological landscape, the BFSI industry has a lot on its plate.
Having said this, a number of avenues and opportunities have also been made available to the industry players. With an experienced technology partner, enterprises can access solutions and services that can help them start new offerings, reduce operational costs, provide improved customer experience, and most importantly, fight cybercrime effectively while still remaining compliant with the various regulations.
TRANSPORTATION & LOGISTICS
The Transportation and Logistics industry has seen a lot of positive transformation in the way the enterprises are conducting their business and creating offerings for their consumers.
Technology has affected end-to-end supply chain, adding more transparency for the customers, and reducing operational costs for the enterprises. Be it for carriers, logistic providers, or for mail and express companies, streamlined processes and advanced technology have been a boon.
By adopting the latest technological advances, the industry can benefit immensely in terms of cost optimization, increased flexibility, on-time deliveries, and improved customer service.