Katalyst Technologies Inc

Despite the challenges of 2020, e-commerce sales are growing rapidly, nearly 30% over the year. If we learn something from 2020, we will learn that all companies need to be digital. With eMarketer's prediction for 2021, the company is aiming to regain physical sales. A study by B2B Commerce 360 ​​through 2021 shows that more than 80% of B2B respondents say they are very or more likely to buy more online in the US next year. As customers become more dependent on digital commerce , it is increasingly important to keep your ecommerce platform up to date. With improvements in features, security and performance, you'll definitely want to update to the latest version of Magento (2.4.2). Today Adobe introduced Magento Commerce 2.4.2 along with security-specific fixes 2.3.6-p1 and 2.4.1-p1, which focus on improving security, increasing productivity, and providing merchants with better tools to maintain and expand their business focus. With the growth of e-commerce today. Magento Comm...

Digital commerce is in the middle of a (further) revolution and things are moving faster than ever. The global Covid-19 pandemic has pushed digital front and center retail for B2B and B2C buyers. Half of shoppers buy products they have never purchased online before. 70% buy more than usual. While all this excitement brings with it new possibilities, it also comes with the challenge of figuring out how to proceed. Customer expectations can change momentarily, and a company's ability to adapt to market trends determines success. 6 major trends in digital commerce: 1. Multichannel Trading & Content: Digital commerce professionals need to create significant consumer engagement across each channel. Developing and maintaining the right content for the right place and time increases brand awareness and creates a consistent customer experience across all channels. It also maximizes the customer understanding that can be gained from cross-channel analysis. 2. Personalization: Personali...

Every business today is transforming into a technology-forward company. Companies are integrating digital technology into their core value creation process. It is the tough time for businesses for all sizes due to COVID-19 pandemic and digital transformation is need of the hour. One thing is very clear: “Digital” now is must for any organization looking to succeed in the future. And although digital transformation projects are driven by IT, they should not be seen as pure technology programs. Instead, they need to see it as business-oriented projects designed to deliver solid business results as well as best digital and ecommerce solutions . Making effective collaboration between multiple business functions is the key to successful digital transformation. Let’s see what those digital transformation pitfalls that any organization should avoid unlocking real digital value are: 1. Internal Hurdles: Digital transformation means changing the traditional working culture and reorganizing bus...

The digital transformation is a frightening reality that is about to dominate the entire e-commerce sector. Each sector is subject to impending digital disruptions. Believe it or not, digitization is the primary driver of higher revenues and profits. Digitization is not just about reshaping the business. It introduces a new mindset to hierarchies, networks instead of silos, pace correctly, and leverage customer learning. The digital landscape requires a new way of thinking.  Tips to Thrive In Your Ecommerce Business In short, developing a digital business process strategy means using technology to accelerate performance. Here are some facts and figures highlighting the need for digital automation and what it can provide once adopted. As a business enthusiast, your goal should always be to improve your current operations. You also want to create new business models and create exciting opportunities. You are guaranteed to save time developing new products and service...

5G technology is not just about lower latency and higher bandwidth; it is also a wireless revolution that will allow robotics, automation, VR, and many other industrial applications. 5G complements other emerging technologies, such as AI/ML, IoT, and robotics, to drive the company's digital transformation further, both internally within an organization and externally in commitments to customers.  Leading telecom brands such as Verizon and AT&T have already initiated its 5G execution strategies in the network cities. According to Mckinsey , the impact of 5G will be noteworthy in multiple industrial segments. It is estimated that the global GDP might spur to $2 Trillion by 2030.  Let’s explore,  How 5G Technology Is Bringing Revolution In Other Segments Bringing Mobility  Digital transformation has become a daily term for companies in various sectors. Companies are in different stages of implementing new technologies to develop new solutions,...

It has been a long-lived fact that the revenue generation has direct affiliation with the upward going growth trend if blended with relevant technologies time-to-time. E-commerce happens to be a great example for such business belief. In the current situation where everyone is either following voluntary insolation or quarantined due to rapid spread of pandemic.  In these scenarios, one sector that remains functional under the supervision of government regulatory is the ecommerce segment. People are locked down, stores are shut, and smartphones are connected to online stores, what else we need to stay safe while placing the orders for basic necessities like groceries, medicines and others. Ecommerce model has turned out to be a perfect fit for the current situation.  So, what could be the best practices that can make your ecommerce business run parallel? In this chaotic situation.  Key Measure To Integrate In Your Ecommerce Business  Starting with...

NRF 2020: Retail’s Big Show is the central theme of the world’s largest retail conference and expo currently happening in New York. The conference has become the powerhouse where we are witnessing the announcement of significant partnerships and the launch of cutting-edge technologies to strengthen connections between consumers and brands and empowering them to create an ever-lasting relationship with their customers.  One such example of an impressive partnership at NRF was seen between Microsoft and SAP . They are all set to modernize and simplify the journeys of their retail customers as they move to the cloud while becoming an intelligent enterprise.  Let’s explore some innovation scenarios showcasing how the partnership between Microsoft and SAP will lay the foundation of groundbreaking retail concepts that will inspire retailers and delight consumers in 2020.  Blockchain : This use case is about the usage of blockchain to infuse transpa...