Сhanging is a usual course of life. Back in 2018, only 8% of business models could move on
, staying in the same shape, according to McKinsey's study. However, now the changes are drastic and rapid like never and force everyone to find the right direction immediately and move before the global restructuring is over. We are not on the verge of big changes; we are involved in the flow of these changes and are forced to adapt on the go. FCE is launching a Digital Initiative to help any company seamlessly join the digital age.
Recent events are only ramping up. The pandemic has changed the face of business: a lot of small companies that had no online presence went bankrupt and left the market. Now it is time for the usual business models are giving way to the new. Companies are opening new avenues to growth and new cases for investment.
Meanwhile, the opportunity to grow fast and become a part of the new world was not accessible for everyone. Before FCE launched the Initiative, digitization remained a complex and expensive process that required permanent attendance, pieces of training, and was applicable only to large-scale businesses. Now we are forced to apply new technologies everywhere.
Requirements Change but Stay Strict
Transparency and traceability are essential for any business interactions. Yet, any transparency and traceability cannot be fully trusted when the business is based and held on the human resource.
We have found and developed for implementation the entirely unique complex of technologies that provide strong reliable traceability within the company, between businesses, and between business and its consumer. Only technology can raise confidence at the required level.
collects solutions based on a combination of IoT and Blockchain technologies and advanced developments. Full digitization and automatic tracking of supply chains without human participation provide greater efficiency and resource savings, but more significantly transfer the company to the new level of trust. All information is collected and shown on FCE Platform - the Internet of Trustworthy Data (IoTD).
It might be said that FCE Platform creates a whitelist of manufacturers and sellers. Standards in the economy and social interactions are rising, and only new technology can make companies to match them.
Normally, digitization is an expensive and long consultation, during which specialists draw up a scheme of the enterprise and analyze it - and expensive and long-term developments, when specialists not directly associated with the company, build the software system, which is considered suitable. The isolation of IT from the systems for which it is designed means complexity and extremely low efficiency in implementation.
showed of failed digital transformations from Ford, GE and Procter & Gamble – three giant companies that have spent enormous effort and money but have not succeeded. Their painful experience tells us that digitization should be built in a completely different way than it used to be.
Source: Usual business models are giving way to the new
Source: The pandemic has changed the face of business
Source: Traceability are essential for any businesses
Bring IT on the Ground
At this point, we cannot be ineffective anymore. This is not a development issue now, but a matter of life and death. IT has to become accessible and understandable and open the way to companies of any scale to be involved.
Small companies, local production, and farming are now trapped and forced to accept the conditions of the game of the big market. Only implemented technologies can set them free, proving the quality and origin of their products and bringing the fee they deserve.
Digitization is a door opener for:
· Automatization, flexibility and ongoing analysis of all the operations;
· Direct communication with the end consumer;
· Fair pay;
· Entering the international market;
· Protect the brand and its reputation;
And other vital ways to grow, increase efficiency and save costs.
FCE Platform Opens the Way to All
Companies all across the world are crushed by local problems and interests of local market players. Global supply chains are completely disrupted. The world can no longer ignore the conditions in which enterprises operate.
Capacity to digitize companies means the trusted quality of their products and move to a higher level and the bigger international market. Digital modernization makes production and supply chains transparent and understandable for partners and consumers both at home country and abroad. Digital transformation gives confidence in the product, its origin, delivery conditions, and this significantly increases its value.
Implementing digital tools is not easy. Technology has not been distributed the same everywhere, but we are joining forces and solutions to make technology more accessible and understandable. With FCE Initiative
, we facilitate the path of global digitalization, regardless of volume and localization.
Digitization carries not only new beneficial ties for the global economy but also the key to the natural development of local economies. More jobs, fairer pay, transparency of enterprises, and mutual strong trust will boost the growth of local enterprises and reduce the flow of illegal emigration that developing people are now forced to resort to.
We are joining forces and solutions to make the technology more accessible and understandable. With FCE Initiative, we facilitate the path of global digitalization, regardless of volume and localization. FCE has developed the set of understandable tools
to simplify the implementation of technologies in business processes: production, supply chain, document management – and make them part of the Internet of Trustworthy Data (IoTD). It allows digitization to become ubiquitous.
Not Watching the Changes, but Making Them
The world is going to become more open, so companies must engage in interaction: old business models no longer work. We have created FCE Initiative that everyone can join to participate in meetings and get unique information about the experience of technology implementation.
Active interaction, sharing experience, information, local and global challenges will drive the world towards blossoming digital transformation. Upgrading existing models, revealing paths, going through digital transformation are the conditions for being part of the coming future. We cannot let it go and we cannot ignore the coming global transformation.
Those who make peaceful revolution impossible will make violent revolution inevitable.
John F. Kennedy
We can only work together to let the transformation be harmonious, well-balanced and peaceful; so we avoid global social and economic disasters. FCE solutions
bring everyone together to go the way of digitization smoothly and seamlessly. FCE Initiative is designed to bring these solutions in the world and open the way to the Internet of Trustworthy Data. Everyone can and should make decisions and contribute to a transparent, universal, and peaceful future right now. We must reach new levels when the old ones collapse.
Join us and become part of the Initiative.
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