Digital transformation is crucial for organizations to remain competitive in today’s fast-paced business environment. By leveraging digital technologies, organizations can improve efficiency, enhance customer experience, and gain a competitive edge. Digital transformation enables organizations to adapt to changes in the market and leverage emerging technologies to innovate and create new products and services. Failure to adopt digital transformation may result in losing market share to more innovative competitors. Therefore, it is imperative for organizations to start thinking about digital transformation and develop a roadmap for implementing it.
Here is what the latest Hong Kong Government budget plan on innovation including web3 and digital transformation support.
https://www.budget.gov.hk/2023/eng/hq.html