digital transformation

Foster believes that an increase in focus regarding the infrastructure within an organization today, is a must. In fact, the data sourced from IBM’s study entitled “COVID-19 and the Future of Business” revealed that six out of ten global C-suite executives accelerated the pace of digital transformations in their respective organizations.

According to Department of Trade and Industry (DTI) secretary Ramon Lopez, the year-to-date online business registration has now reached 80,000 from just 2,000 in the first quarter of the year.

NEDA undersecretary Rosemarie Edillon said there is also a need to retool and reskill the labor force towards digital skills.

This year's Business Digital Adoption Conference (BDACON) is set on September 4.

The proposed measure also seeks to create a Digital Transformation Department (DTD) in every government office.

Now that the pandemic accelerated the need for digital transformation, AMTI is now on a mission to educate companies on what digital transformation can do for their business.

After being denied of a congressional franchise, ABS-CBN is solidifying its digital transformation with ABS-CBN News now reaching 10 million subscribers on YouTube.

The Philippine government said it is firm on facing the digital economy head-on as allocations have been included for this under the proposed 2021 national budget, DBM secretary Wendel Avisado said.

Cobena Business Analytics and Strategy (CBAS) president and CEO Francis Del Val stressed that bigger is not necessarily better when it comes to digital transformation.

The World Bank also noted that digital payments adoption is lagging in Southeast Asia compared to other parts of the world.