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While digitization and automation for businesses used to be a very time-consuming process, it can now be done in just weeks or even days with the appropriate knowledge and strategies.
As Paul Willmott from McKinsey said "Digital is fundamentally shifting the competitive landscape in many sectors. It allows new entrants to come from unexpected places. We're seeing banks get into the travel business in some countries. We're seeing travel agents get into the insurance business. We're seeing retailers go into the media business. So your competitor set is not what it used to be." Getting to know how to best digitalise your business could help your business expand and stand out from your competitors.
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