Illustration: © IoT For All The retail industry is in a state of flux. With the rise of e-commerce, traditional brick-and-mortar stores have faced the challenge of adapting or being left behind. Digital transformation has become an essential part of any modern business strategy, and the retail sector is no exception. Yet, given this market’s competitive nature, some risks are involved in taking such drastic measures. We will explore these risks, as well as how digital transformation can benefit the retail sector if done correctly. We will also look at what retailers need to consider when making the transition from traditional to digital operations. “Digital transformation has become an essential part of any modern business strategy, and the retail sector is no exception.“ -Vishal Rajan What is Digital Transformation? Digital transformation is integrating digital technology into all areas of a business, resulting in fundamental changes to how companies operate and deliver value to customers. It’s a journey that can be difficult, but the rewards are significant. For retail businesses, the stakes are high. The retail sector is under pressure as consumers shift their spending to experiences over things, and as Amazon and other online players eat away at brick-and-mortar […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
