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The telecommunications industry, more than any other, has seen its traditional revenues rebuilt over the past 12 months. Yet the seismic changes brought about by the Corona pandemic showed that Communication Service Providers (CSPs) that respond agilely to unpredictable events overcome crises better.
What does this mean for Telco CIOs? They should maintain the current momentum created from the exceptional situation to drive an IT strategy built on digital business initiatives that address complex and dynamic business needs, allow rapid iteration to handle changing business requirements, and reduce innovation costs and risks. Time for Composable Commerce!
More about this in this article, which first appeared on IT-Daily.net. We appreciate your feedback and sharing the article.
If the whole company is designed to exploit digital possibilities in order to act dynamically and in agile fashion, it is possible to react to changes faster and more effectively. This approach is called composable business – here is how retailers can benefit.
Retailers need to be as flexible as possible with their digital commerce solution. This means moving away from questions such as "buy or build" and "B2C or B2B" and instead taking advantage from the best of all worlds.