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SWOT ANALYSIS
STRENGTHS:
- Access to skilled professionals with deep technical knowledge in digital innovation and ICT ideation.
- Ability to generate executable ideas and develop groundbreaking digital products that meet the digital needs.
- Flexible and quick in adapting to technological changes and transformations.
WEAKNESS:
- High rate of staff mobility in the field of ICT.
- Focus on advanced technologies may result in solutions that are complex or not aligned with immediate business needs.
- Heavy dependence on third party platform which can eventually limit flexibility
OPPORTUNITY:
- Increasing demand for digital transformation in various sectors creates opportunities for growth.
- Opportunities for collaboration with tech startups, universities, or external innovation hubs to accelerate development.
- Rapid advancement in other ICT sectors offer new possibilities for disruptive innovation.
THREATS:
- Constant technological advancements could make current solutions outmoded quickly.
- Increased adoption of digital solutions exposes the unit to potential security breaches and data privacy concerns.
- Growing competition from other organizations or consultancies offering similar digital and ICT innovation services.
