business continuity Archives - Digital Life Asia

VMware Demo Lab to help SMEs, startups innovate

Eight out of 10 small and medium-sized enterprises (SMEs) in the Philippines recognize the value of digital technology, according to a recent study. Many of them, however, have cited challenges due to the upfront cost of adopting new technologies. To address this problem, ICT distributor VST ECS Phils. Inc has launched the VMware Demo Lab.

The VMware Demo Lab is a testbed platform where SMEs and startups can collaborate. They will learn how they can harness cutting-edge digital technologies to strengthen business resiliency. At the same time, they will be able to accelerate their pace of innovation.

“Innovation and business continuity are core to the success of any organization in this current business environment. I would like to congratulate VST ECS on the launch of this demo lab — a powerful testbed that will help catalyze innovation for Filipino businesses at this very important moment in time as they pivot towards the future,” VMware Philippines Country Manager Walter So said in a press statement.

Digital is the new normal, says UnionBank Chairman

Businesses should think long-term and realize that digital is the new normal, says UnionBank of the Philippines Chairman Justo A. Ortiz.

The COVID-19 pandemic has forced companies to embrace digital transformation. It would wrong, however, for businesses to think that digital is just a means for survival, or part of their business continuity plan. Instead, they should accept that digital is the new normal.

“Clearly the pandemic has given us a use case for digital. Many corporations — large, small-, and medium-scale — have realized that investing in resiliency is going to be a lot more important going forward. But having said that, we don’t want the idea of digital and digital transformation to be just BCP,” said UnionBank of the Philippines Chairman Justo A. Ortiz.

“I think that clearly there’s a lot of opportunity for digital to be mainstream as our new normal. So it’s not about social distancing and face masks, because there could be other black swans that come down the road. Other pandemics, other natural disasters, and, God forbid, even wars. But it’s important that we basically focus on digital and mainstream it,” he said.