36 AUGUST/SEPTEMBER 2021 www.vanguardcanada.com
DIGITAL TRANSFORMATION –
THE FUTURE OF TODAY'S ECONOMY
I
n the current economic climate, organizations are
naturally trying to work out priorities for their
business strategies and decide how to best lever-
age opportunities as countries, cities, and com-
munities move into the recovery phase. The CO-
VID-19 pandemic has shone a light on digitalization or
digital transformation and how it can help provide cost
efficiencies, speed up delivery of products and services,
enhance sustainability, and create new ways of working
and keeping workforces safe. For many, the pandemic
created the need to move to a digital platform and be-
come comfortable collaborating online. This was the
beginning of their digital transformation journey.
Defence organizations and the global aerospace and
defense industry have also faced the challenges caused
by the pandemic. With new priorities, rapidly changing
information, and increased internal and external expec-
tations, the industry needs to adjust to a new and rap-
idly changing reality. There is a need to transform and
invest in the latest digital technologies to not only fuel a
major shift in the industry but also to thrive beyond the
immediate horizon.
BY SHANNON MCCLURE
DIGITAL TRANSFORMATION
