Standard Chartered to spend $1 bn each year as part of digital strategy
Standard Chartered said it will spend $1 billion on strategic initiatives each year, double previous levels, as part of its focus on its innovation...
How Digital Transformation assists business growth
Digital transformation is the process of rethinking the use of a company’s technology, platforms and processes to create new business models and new forms...
Bata adds 15% of sales via digital channels
Footwear major Bata India announced results for the quarter ended 30th June, 2021. Sales across retail outlets remained largely subdued, owing to the second wave...
McDonald’s steps up focus on digital, data analytics, marketing
Food retail chain McDonald’s announced it will bring its digital, data analytics, marketing, restaurant development and operations segments into one unit as it focuses...
Levi Strauss reveals business achievements via digital channels
Levi Strauss & Co Chief Executive Officer Charles Bergh revealed the company’s achievements in digital channels during the second quarter of 2021.
Lower promotions, price increases...
Bisleri on IT investment to enhance e-commerce business
Bisleri is planning to make more investment to enhance its e-commerce business and will enhance its online portfolio into more tier-2 cities, IANS reported.
The...
Consumer-packaged goods firms to spend $24 bn on digital transformation
Manufacturers of consumer-packaged goods (CPG) will be spending $24 billion on digital transformation in 2030, ABI Research forecasts.
CPG manufacturers’ spending on data and analytics...
Nike shines in online business thanks to investment in digital transformation
Nike has revealed that its fiscal 2022 revenue is estimated to grow by low double-digits and surpass $50 billion driven by its investment in...
Luxury watchmakers step up digital investment to beat crisis
Luxury Swiss watchmakers, usually not big fans of online retailing, are launching a new all-digital Watches & Wonders event on Wednesday to show off...
Pharma industry to spend $4.5 bn in digital transformation: ABI Research
Pharmaceutical industry is forecast to spend $4.5 billion in digital transformation by 2030, the latest ABI Research report shows.
Digital factory revenue will top $4.5...
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