APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    COVID-19 Enforcing Digital Transformation in the Retail Sector

    Digital transformation has been creeping into every industry over the last few years, and the retail sector is no different. Finance, banking, mass media, education, manufacturing, and healthcare have all seen the benefits of digital transform  

    COVID-19 Enforcing Digital Transformation in the Retail Sector

    By

    Apac CIOOutlook | Friday, July 31, 2020

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    Digital transformation has been creeping into every industry over the last few years, and the retail sector is no different. Finance, banking, mass media, education, manufacturing, and healthcare have all seen the benefits of digital transformation.

    FREMONT, CA: The COVID-19 pandemic has transformed business as we know it and forced manufacturers to think of new ways to conduct their business. The outbreak of the virus has led to several behavioral changes in both the consumers and the producers. Business leaders are never faced with a challenging task to develop new business models suitable for changing times. The retail industry has become one of the essential services over the last decade. The pandemic, however, has raised some serious questions about the traditional way of conducting business. The problem becomes more severe when China, the world’s factory, is itself spiraling in the confusing and complicated global reaction to the crisis. COVID-19 has forced the retail industry to adopt digital technologies and change business processes for a better future.

    Digital transformation has been creeping into every industry over the last few years, and the retail sector is no different. Finance, banking, mass media, education, manufacturing, and healthcare have all seen the benefits of digital transformation. Companies are going digital to enhance their services and product offerings, to meet the changing demands of the customers. The whole concept of digital transformation is centered around the satisfaction of the customers. It also involves other aspects like process organization within the company, its employees, external communication, and technologies used.

    Digital transformation in the retail sector is not natural, but companies can see the desired results from the implementation with a good plan of action. Here are some of the advantages of digital transformation.

    Easier Connection

    Digital transformation makes it easier for retailers and their customers to connect and communicate via social media accounts, websites, chatbots, mobile apps, and more.

    Smoother Operations

    The implementation of cloud-based technologies will improve operations, both internal and external. It reduces the amount of time spent on sharing information with customers and enhances client support.

    More Convenience

    With the help of Artificial Intelligence (AI) tools, customers can shop without cashiers. AI automation of some processes will enhance the customer experience. Also, it enables retailers to sell their products not only in physical stores but via websites or mobile apps.

    See Also:

    Top Digital Transformation Solution Companies

     

    More in News

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Influence of AI on Supply Chain Management

    Influence of AI on Supply Chain Management

    Role of Blockchain in Fostering a Trust-Based Economy

    Role of Blockchain in Fostering a Trust-Based Economy

    Revolutionizing Healthcare Through 5G Technology

    Revolutionizing Healthcare Through 5G Technology

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/covid19-enforcing-digital-transformation-in-the-retail-sector-nwid-7640.html