DIGITAL transformation has become crucial for businesses to survive.
Penang-born eCommerce and digital solutions provider Exabytes said the business landscape has changed after the implementation of the first movement control order (MCO).
“Many businesses realised the need to ride on the online platform to survive the Covid-19 pandemic.
“The use of digital technology significantly increases the efficiency of small and medium-sized enterprises (SMEs).
“Digitalisation has the potential to reduce operational cost by up to 20% while increasing productivity. It gives business owners more control over production and marketing processes.
“Meanwhile, consumers have the chance to shop online at anytime and anywhere via the online store,” Exabytes said in its media statement today.
Exabytes added that SME digitalisation was vital for long-term survival in this digital economy.