Blog | VNG Cloud

Cloud computing is no longer just a topic of conversation for CIOs. It has become a top priority for IT leaders, C-suite executives, and board members. Discover how the cloud can act as a catalyst for business transformation in enterprises, and a potential game-changer for the financial services industry. Explore how cloud computing can shape the future of financial services operations.

Cloud adoption within financial services is anticipated to grow strongly in 2023 and the following years. However, this growth will bring new challenges, and VNG Cloud anticipates an influx of initiatives from both industry and government that will drive cloud adoption even further.

Automation has advanced manufacturing to unprecedented levels like never seen before. However, its impact goes beyond simply speeding up production. What many businesses fail to recognize is that they can extract valuable insights about their products and customers automatically and directly apply that analysis to their factory operations.

During the peak of the COVID-19 pandemic, numerous industrial companies sought solace in cloud technology to enhance productivity, flexibility, and resilience. It was hailed as a panacea, capable of remedying various challenges such as declining sales and dwindling profits. However, for some industrial players who embarked on their cloud journeys earlier, a more realistic picture has emerged. Many cloud migrations in manufacturing have fallen short of initial expectations.

Digital transformation is a crucial turning point in port management, operation, and exploitation, particularly in the context of the ongoing Industrial Revolution 4.0. Through cloud computing, various components in the logistics chain, including import-export businesses, ports, shipping lines, banks, container terminals, inland ports, logistics service providers, transportation companies, and government agencies, are seamlessly connected.

As the world undergoes a paradigm shift towards a digital-first approach, Vietnam's e-commerce sector has been at the forefront of this digital transformation journey. According to a recent report on "Sustainable Development of E-commerce - the Driving Force of the Digital Economy" in 2023, the global merchandise value (GMV) reached 23 billion dollars in the previous year, with e-commerce accounting for over 60%. From bustling urban centers to the most remote corners of the country, consumers are embracing the convenience and accessibility offered by e-commerce platforms, leading to an explosion in online transactions.