Along with the strong development of science - technology and innovation, digital transformation is one of the three pillars promoting rapid and sustainable development; At the same time, it is one of the major breakthroughs, contributing to helping businesses create breakthroughs in productivity, quality, efficiency and competitiveness.
It helps businesses find a more flexible business model, both reducing costs and optimizing resources to overcome difficulties. Besides, the application of new technology achievements such as AI, IOT... will help businesses keep up with modern trends, increase competitiveness and achieve breakthroughs.
In Vietnam, the Government has developed the "National Digital Transformation Program to 2025, Orientation to 2030" defining goals for developing the digital economy, improving the competitiveness of the economy, setting Vietnam plans to have a digital economy accounting for 2025% of GDP by 20; The proportion of digital economy in each industry and field reaches at least 10%; Annual labor productivity increases at least 7%; Vietnam belongs to the group of 50 leading countries in information technology.
However, according to the results of a survey from the Vietnam Software and IT Services Association (Vinasa), up to now, up to 92% of businesses surveyed said they have a need for digital transformation, but do not know where to start. Where, how to execute?
Currently, there are 3 factors considered the biggest barriers in digital transformation: Determination of organizational leaders; Cost, time, resources; How to convert numbers. Information security is the fourth challenge for the business community.
Indeed, one of the difficulties for businesses in the process of digital transformation is having to invest large financial resources and this has hindered many businesses, especially small and medium-sized enterprises, from digital transformation. .
Many businesses have gained momentum in the digital transformation process
Mr. Luu Trung Thai, Chairman of the Board of Directors of Military Commercial Joint Stock Bank, shared that when he soon realized that digital transformation was a "big opportunity" for the bank and a survival story for every business, in the last 5 years, The bank has focused on investing methodically in digital transformation. This bank determined that digital platforms will account for about 50% of the bank's revenue in the next 4 years, and currently this number is about 20%.
In particular, the digital transformation process should start with "small tests" instead of immediately investing a large amount of money from the beginning. After each test is the testing phase.
In addition, applying digital transformation to businesses will require advice, vision direction and companionship from experts to come up with specific strategies and roadmaps appropriate to the scale, needs of each unit. This process not only helps conduct digital transformation in accordance with the specific resources of each business and each stage, but also contributes to minimizing risks and avoiding waste on the environment, energy... when businesses open. wide in scale.
With the technology platform changing rapidly in a positive direction, along with the Government's National Strategy on digital transformation, it is hoped that businesses will have timely and quick transformations and breakthroughs to increasingly contributing to the country's development.
Source: xobaonganhang.com