The “Netguru take on…” series explains how Netguru approaches important subjects that are often overused or misunderstood in the industry such as values, innovation, and sustainability.

The pandemic outbreak has put the healthcare sector to a real test and pushed its innovation and operational capabilities to the limit. The whole world counts on healthcare businesses to come up with solutions that will ease the serious health consequences caused by COVID-19. While some companies focus on developing diagnostic measures to help the pandemic spread, others focus on vaccine development. 

Fintech response to COVID-19 When COVID-19 was declared a pandemic in March, it created mass uncertainty for both individuals and the market. Unemployment was on the rise and the stock market was declining. Fintechs, however, were able to leverage their existing skills and assets to assist businesses who struggled with financial liquidity during the crisis.

No one was prepared for what the COVID-19 pandemic has brought upon the world. Social isolation has pushed some companies out of business, forcing others to reorganize the way they work in order to stay afloat.

Digital transformation fundamentally reimagines how companies operate. It’s not about using digital technologies in a specific business case, but rather embedding digital capabilities all across the organization.

Gloomy rather than blooming – that's the first that comes to mind when you think the retail landscape. The lockdown induced by the COVID-19 pandemic has had a devastating impact on non-essential retailers (especially small businesses), leading to many store closures (eg. 16% of all Zara's stores) and layoffs.

What is the future of digital transformation? Typically, the answer starts with a list of the latest buzzwords and new technologies, but these are only means to making companies resilient and adaptive to the winds of the Digital Revolution. Let’s take a look at the business areas that will require digital transformation, and explore the direction of the necessary changes. 

The pandemic is having a devastating impact on private lives and businesses all across the globe. According to leading research, two scenarios are most likely: a delayed recovery or a prolonged contraction. However the future will play out, we can observe a significant impact on consumer behavior and product demand, as well as on production and supply chains in the retail industry. This text is a motivational letter to the retail leaders that want to leave the economic downturn in a strengthened position, and outperform their competitors.

The Digital Revolution is happening before our very eyes and each business needs to find a way to respond to it. Digital transformation is not an option anymore. It’s a necessity, and for many organizations it might be even a matter of survival. Let's explore what digital transformation means today, why it is so important, what digital transformation project succeeded already, and how you can get started on your digital transformation journey.

Every transformation a company can go through is hard, but digital transformation seems to be the most challenging. According to McKinsey research, only 16% of digital transformation projects will yield sustainable positive results. Therefore it is crucial to understand what effective approaches have in common to increase your own chances to succeed. Let us show you 4 examples of digital transformations that fully realized their potential.