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Digital transformation is a concept that is becoming increasingly familiar to many businesses. It is one of the solutions for businesses to survive and thrive in the 4.0 era. Not falling behind the trend, digital transformation in Vietnam is also receiving a lot of attention. Let's explore the digital transformation trends in 2022 in Vietnam with Vntrip!
What is Digital Transformation?
Digital transformation is gradually changing the business world. For each business, the digital transformation process will have a different roadmap. But fundamentally, digital transformation is the process of adopting new technologies such as cloud computing, big data, Internet of Things (IoT), ... to optimize management systems, reduce costs and operation time, bring profits, and new development opportunities. Compared to businesses operating under traditional models, digital transformation can bring about 23% higher profits.
The State of Digital Transformation in Vietnam
In Vietnam, the trend of digital transformation is strongly driven within the governmental apparatus. The government at all levels is making efforts to establish an E-Government towards a Digital Government. Over 30 cities are also planning to build Smart Cities with new technological platforms. The Ministry of Industry and Trade regularly organizes online trade promotion conferences. This contributes to helping Vietnamese businesses effectively access partners and export markets efficiently right from their 'home.'
Within enterprises, the process of digital transformation is happening robustly in sectors such as finance, transportation, and tourism. For large-scale enterprises, digital transformation is deeply implemented by applying or researching technology applications for synchronized data management, workflow, ... However, in small and medium-sized enterprises, the process of digital transformation is still not properly understood in terms of role and objectives.
>>> See more: Digital Transformation Process in Enterprises
According to VCCI, small and medium-sized enterprises (SMEs) account for about 97% of Vietnam's total number of businesses. However, the level of scientific and technological innovation remains low. Approximately 80% to 90% of machinery is imported, with nearly 80% consisting of outdated technologies from the 1980s and 1990s. Nevertheless, according to Cisco's report in April, Vietnamese SMEs are beginning to invest in cloud technology (18%), cybersecurity (12.7%), and software and hardware upgrades for digital transformation (10.7%).
Digital Transformation Trends in 2022 in Vietnam
Digital transformation has now become a focal point for investment by many enterprises. Among them are several prominent transformation trends:
Cloud Computing – the Dominant Trend in 2022
Cloud computing offers features such as maintenance, storage, management, processing, analysis, and data security by leveraging Internet-based servers.
Thanks to this technology, businesses can easily:
- Inspect and develop websites, applications
- Analyze, operate Big Data
- Storing website data through Cloud Servers
- Sharing data across platforms: Google Drive, Dropbox, Shutterstock…
- Streamlining processes, optimizing costs, and enhancing customer experience.
During the pandemic, when everything has to be done remotely, online, this technology helps businesses adapt and operate smoothly.
The Trend of IoT Digital Transformation
In today's era, the term “IoT” (Internet of Things) is no longer unfamiliar. It refers to a network of physical objects integrated with sensors, software, and other technologies to connect and exchange data with devices and systems over the internet.
Vntrip TMS – The first enterprise work management application in Vietnam
Due to its numerous benefits, IoT is widely utilized by many businesses in Vietnam for digital transformation:
– Provides detailed and transparent information about the company's products and operations.
– Ensures tighter control over the business operations.
– Operates more efficiently, increases flexibility, and serves customers better.
Application of Robotics in the Manufacturing Sector
Robotics is also one of the major digital transformation technologies in 2021. According to surveys, 1/4 of businesses use smart robots in their operations. This ratio is estimated to increase to 1/3 in the next two years.
The use of robots has been adopted by many Vietnamese businesses in fields such as logistics, engineering, medicine, etc. Digital transformation through robots fundamentally helps businesses reduce costs, improve the quality of the work environment, ensure product consistency and quality, and minimize errors in the production process. This helps businesses enhance flexibility and brand reputation in the market.
Virtual Reality (VR) Technology
VR technology creates a virtual world generated by computers. This technology allows users to step into the virtual environment, becoming a part of it. It provides users with immersive visual experiences with the ability to interact through other senses such as hearing, smell, and touch.
This technology is now being applied by Vietnamese businesses in the fields of healthcare, tourism, real estate, engineering, and more.
Digital transformation is an inevitable trend of the Industry 4.0 era and is a solution, an opportunity for business development. Don't let your business be left out of this race!
