Partnering Strategy
xx min read

PNB Embracing Digitalization - Partners With Microsoft

Prachi Ray

The Philippine National Bank (PNB) announces its partnership with Microsoft to embrace digitalization to be future-ready!

The digital revolution is happening right now, it’s unstoppable and it’s happening faster and faster. You must fully embrace digital transformation to help meet the increasingly demanding expectations of customers, partners and employees and stay ahead of the curve. Doing it alone is a tough task and the only way to have a successful digitalization is by building an effective partner ecosystem.

PNB is all set to accelerate Digital Transformation with stronger Partnership. Jose Arnulfo “Wick” Veloso, President & Chief Executive Officer, PNB said:

“For PNB, digital-first means being constantly aware of the fast-evolving digital landscape and customer expectations, and being able to transform and innovate to serve customers’ needs. As a bank, we need to keep up with the changing times,”

PNB believes that the partnership with Microsoft has helped them build the reputation of having the latest digital capabilities to provide customers with a better experience.

The strategy of PNB looks promising to embark on their digital transformation journey and we want to share with you today a few ways partnerships and ecosystems make a difference and how they can help further enable digital transformation.

  • Expand your capabilities, because moving forward, tech will become so much more complex, that working with partners will likely be the only realistic option
  • Expand Customer and Partner Pool- allow other companies to do what they do well, while continuing to do what you do well, you automatically open yourself up to a new range of opportunities
  • Improve Your Ability to Win Customer Contracts-When it comes to winning major business contracts, the company with the broadest skillset often wins and that comes from partnerships
  • The Caveats of Transformative Ecosystems- The ultimate way to start creating a culture that can succeed in ecosystem development is to put the customer journey at the center of everything you do

Digital transformation is a huge, unwieldy, ongoing process. It’s no longer possible to do all of the work alone—even as a singular enterprise. If you want to make it for the long haul, find the right people, partner and ecosystem to achieve it successfully.

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Partnering Strategy