Efficient transformation is all about marrying technology, data,
and people in very subjective manners. It enables a paradigm shift
within the organization’s culture, leadership, and governance
holistically. Businesses worldwide has appreciated the magnificence
of digital transformation and the market looks promising.
When it comes to core technologies, the main drivers of this growth
are cloud computing, big data, mobility, analytics, cybersecurity
and AI. Let us look at some forecasts to understand the potential.
According to Markets and Markets,
With these numbers, it is evident that most businesses see digital
transformation as a sine qua non for sustaining their operations.
It also contributes to the relevance and acquires the necessary
competitive edge to survive in the post-pandemic market. Let us
look at some numbers that reflect the benefits of adopting a
BENEFITS OF DIGITAL TRANSFORMATION
Transformation takes on various manifestations depending on the
type of business and end goals. For 52% of businesses,
transformation is a manner to optimize worker productivity through
AI-assisted tools and other automated approaches.
Data availability and the ability to enhance business management is
the agenda for 49% of businesses opting to go digital. 46% of
organizations hopes to meet customer expectations and enhance their
experience through this shift. According to Finances Online,
SIX STEPS TO SUCCESSFUL DIGITAL TRANSFORMATION
It is a widely known but hugely under-appreciated fact that only
30% of companies that opt for transformation can have it deployed
flawlessly. The rest? It is not the lack of rigor or yearn, but
rather a set back in terms of the approach that fails them. And the
pace is especially turbulent during the time of transition as new
behaviors come at the cost of uncertainty.
Here, we will list down 6 steps for your transformation process.
Not only does this lubricate the entire process, but it will also
ensure that your organization can leverage the most out of it. If
you partner with a transformation consultant like Orion eSolutions,
you can be sure to enjoy the magnificence of this approach and have
a success rate of over 80%.