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Top Challenges Faced by Professional Services Industry Today
Tom Deacon, Director, Digital Global Head of one of the largest multinational professional services companies, Turner & Townsend, said, “Professional services firms are struggling to articulate and demonstrate values.” This is true.
The COVID-19 situation aggravated the problems for professional services industries as they strived to maintain a good customer pool, combat cost pressures, focus on skills, billing, etc. Simultaneously, an increase in the competition made it difficult for professional services organisations (PSOs) to direct their attention towards long-term strategy. Instead, short-term goals hogged the management’s time. Let’s take a closer look and understand the professional service industry in brief.
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Time for the cement industry to embrace the latest tech trends
The cement industry has often been categorized as laggards when it comes to the adoption of digital technologies. But the benefits of digital technology, including revenue and other margin-impacting factors, are compelling the cement industry to consider harnessing the power of digital technology, more seriously.
It is better late than never! For those cement and manufacturing companies that are contemplating undertaking the digital transformation journey, it is recommended that they experiment in a gradual, step-by-step manner. This would enable these organizations to achieve a better grip on their operations. It would also allow these companies to build up their resources for tackling the initiative in a better and more quantifiable way.
Source: https://www.ramco.com/blog/tim....e-for-cement-industr
