Pankaj Deshpande

This era is marked by the rapid progression of Digital Transformation in almost all sectors. It has resulted in a widespread change in customers perspectives and expectations, making it a vital component of a business organization. Therefore, it stresses the need of integrating digital transformation and technology into your business to meet the customer's expectation and increase the overall outcome of the production processes. Digital Business innovation and transformation saves a lot of time, increases efficiency with which an organization works, brings in innovation and engages a more extensive customer base. So, we have mentioned top technologies that can drive digital transformation in business -  Artificial intelligence: Artificial intelligence is superiorly pacing and establishing its roots in the modern world. The biggest examples of AI involve the current market biggies like Alexa.  AI can be used to further personalize the customer's overall experience and reduce th...

The term data-driven is used to describe a business state that uses data in power decision-making and performs activities efficiently. Basically, it is a whole round approach involving the recognition of data that must be managed efficiently, and in a way, it improves your overall business tactics.  Data driven innovation is a key part of any business model this year. It enables the major as well as minor businesses to thrive in the market and have a stronghold in their field. Mainly the reduction in the cost of data storage, collection and processing has resulted in a collection of large volumes of data. It is also commonly referred to as big data.  The proper integration of data, technology and customers successfully establishes the concept of innovation and creativity at work. Data innovation is used in almost every company, namely, supply chain, research and development, target marketing, new goods and services, management, and operations. It also encourages creative thin...

 In simple words, trend-driven innovation can be explained as spotting the latest trends and recognizing whether they are beneficial for their business or not.  Well, it is essential in today's changing world to identify an ideal trend that could stimulate your business's growth and provide highly favourable results. The need for trend-driven innovation is relatively high and significant. It enables a business organization to attract more customers, launch new business strategies and expand its market. It is accomplished by raising the customer's expectation and meeting the new high every time you launch a new product or strategy.  The need for innovation for entrepreneurs has brought a new milestone in every business strategy. Therefore, we have mentioned how trend driven innovation can help a business survive in the competition –  The best part of trend-driven innovation is that it helps in improving your customer's overall experience to a great extent. It is main...