5 Advantages of Digital Transformation
Businesses have been aided by technologies that helped them deliver better, faster, and cheaper products and services. Digital transformation refers to the leveraging of modern, cloud-based technologies to transform a company’s work and IT environments for the betterment of that business. Numerous technological advancements have played crucial roles in transforming businesses over time. COVID-19 Moves the IT Industry into A New Era. Here are 5 advantages and benefits of digital business transformation: 1. Optimizing data for analysis to make better decision The benefit of collecting data is optimizing it for analysis to drive the business forward. The technology available to handle the big data for analysis in real time.The different functional units […]
COVID-19 Moves the IT Industry into A New Era
“The Covid-19 outbreak pushed digitization forward for 8 to 10 years.” said by Mok Wai-hin Peter, head of Strategic Partnership at Hong Kong Science and Technology Parks Corporation. Digitalization is already underway in almost every organization. The business model has shifted from intensive manpower to light manpower with technology and innovation equipments. “Before the crisis, it have to take a year to implement the level of remote working but now it took an average of 11 days to implement a workable solution” Some companies acted 20 to 25 times faster than expected. In the case of remote working, people actually say their companies moved 40 times more quickly than they […]
5G network in Hong Kong and How will 5G impact business and the world?
5G is the 5th generation mobile network. It is a new global wireless standard. 5G wireless technology is meant to deliver faster speeds, ultra low latency, more reliability, greater load capacity, increased availability, and a more uniform user experience to more users. Some researchers believe that 5G could deliver 10 – 20 times faster than 4G. Sending a message at 6pm in Central station will no longer be a problemIn 2019, the Government planned to make available a total of 160 MHz spectrum in the 600/700MHz bands to enhance indoor hotspots and the network capacity of indoor mobile telecommunications services which would help relieve congested traffic indoor mobile hotspots, such […]
SAP For 2021 – Analytics Cloud & Cloud Computing
SAP is Systems, Applications and Products in data processing. SAP, by definition, is also the name of the ERP (Enterprise Resource Planning) software as well as the name of the company. Online business company understanding the CRM system will be vital to maintain high traffic of sales. If you are running a retail, you must have a better understand on how to interact with your SAP strategy. SAP Analytics Cloud Statistics Will Become Even More Vital. It delivers powerful insights driven by machine learning for customers around the globe. The SAP analytics cloud solution combines BI, augmented and predictive analytics, and planning capabilities into one cloud environment. As the analytics layer of […]
How to apply for extension of stay if non-permanent residents currently outside of Hong Kong under the COVID-19
Published: 14 Jan 2021 We received few enquiries about the Hong Kong visa is going to expire and how can they do if they are not in Hong Kong currently. Here is the update from Hong Kong Immigration Department: “The Immigration Department accepts applications for return to Hong Kong from non-permanent residents who is outside of Hong Kong under the COVID-19 Pandemic (Not Applicable to Foreign Domestic Helpers and Imported Workers) In general, persons admitted into Hong Kong under various immigration policies/schemes may apply for extension of stay within four weeks before their limit of stay expires. Applicants should be physically present in Hong Kong both at the time of […]
3 ERP Trends For 2021
Now that we are in the first month of 2021, it is a good time to look ahead what are the major ERP trends can we expect in this year. In 2020, Many companies started to figure out systems to handle remote work. Technology and software are developing quickly and there will be a strong impact on how ERP is developed in the future. Cloud ERP Some companies are using on-premises ERP and they may realize its expensive cost, limitations of flexibility and innovation. Therefore, cloud adoption is going to play a vital role in 2021. Plus, ERP implementation comes with startup fees and hardware costs so they may too […]
Happy New Year!
2020 has passed, 2021 has come. Today, is the first blank page of a 365-page book. May Planning wish for you that, with every year, you achieve all of your dreams, every day of the new year to be filled with success, happiness, and prosperity for you. Happy New Year! ]]>
Features and Benefits of WhatsApp Business – An instant messaging platform in Hong Kong
Above is the penetration rate of leading social networks in Hong Kong as of Q3 2019. According to statista.com, WhatsApp is the top instant messaging (IM) platforms in Hong Kong with 79% of users. The number of business using WhatsApp Business to communicate with customers is estimated to grow by 5,400% between 2019 and 2024 in the world. You can reach out over 2 billion people worldwide! WhatsApp Business suits for small and medium enterprise (SME) The WhatsApp Business is officially announced in 2018. The App suits for small and medium enterprise (SME). If you company want to interact with your customers 24 hours, 7 days a week. WhatsApp Business […]
Top Technology Business Trends in 2021
Covid-19 has changed the world game rules. Airbnb CEO Chesky said “It took us 12 years to build, and we lost almost everything in 6 weeks.” Airbnb spending decades to build a dream and be destroyed in just a few months. Covid-19 also forced to put Muji U.S. Stores into bankruptcy and closed its US stores. The company said it was impacted by the coronavirus pandemic. In a moment defined by isolation and distancing, technology business is growing rapidly and will continue growing in 2021. A rapid change in technology business industry during the COVID-19. Here are a few technology business trends in 2021. 1. Digital transformation will continue growing […]
What are virtual banks? What benefits do virtual banks offer?
Virtual banking is intensifying the competitive dynamics affecting Hong Kong banking. Competition in Hong Kong is off to a slow start as possible growth prospects are being hindered by economic uncertainties. You have probably heard the term “Virtual Bank” a lot recently, and may have received a referral from a friend. What are virtual banks and what benefits do they offer? What are virtual banks?Virtual bank does not have any physical branches. The tool to communicate between the bank and the client is a smartphone or tablet, allowing uninterrupted access to bank representatives anytime, anywhere. Virtual banks must follow the same regulations that the Hong Kong Monetary Authority (HKMA) has […]
Virtual Banking is developing in Hong Kong under COVID-19
At a time when much of the national economy is struggling. Many company have essentially shut down but current economic environment does offer some bright spots. One is the rise of virtual banking development in Hong Kong. Virtual banks, also called neobanks, primarily deliver retail banking services through the internet or other electronic channels instead of physical branches. “The Hong Kong Monetary Authority granted eight virtual banking licenses in 2019, and most only began operations in recent months as a result of launch delays. This is unsurprising as we believe that new entrants are likely to exercise more prudence under a worsening economic outlook from the coronavirus and trade tensions,” […]
Top Five Signs Your Business Is Ready For An ERP System
It's taking longer and longer to reconcile financials at the end of the month.
4 recruiting trends to watch in 2018
How will predictive analytics, diversity hiring and the gig economy affect recruiters next year?
7 Emerging ERP Trends
Enterprise resource planning (ERP) has become an integral part of the business landscape, and ERP vendors are continuously coming up with less complex and more inexpensive options.
5 ERP Red Flags: Is Your Enterprise System Keeping its Promises?
Got ERP red flags? Manufacturers who took advantage of enterprise resource planning systems from previous decades now face aging legacy systems nearing or at the end of their productive lifecycle.
Big Data, Cloud, and the future of SAP
Looking back on the performance and business novelties of the past year goes hand in hand with preparing for new challenges that lie ahead.
