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Digital Transformation Services
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Digital Transformation A Brief Guide
What is Digital Transformation? The process of digital transformation is how firms integrate technologies into every aspect of their operations to bring about profound change. The advantages? better company agility, improved efficiency, and eventually the creation of new value for shareholders, consumers, and employees.
Two Concepts Related to Digital Transformation Digitization is the conversion of analogue data and information into digital form, such as when a photo or document is scanned and saved on a computer. Digitalization is the application of digital technologies to alter corporate operations and initiatives, such as training staff members to use new software platforms intended to hasten product launches. While initiatives at digitalization may be included, digital transformation affects the entire organization and goes beyond projects.
How to Enable Digital Transformation? • View it as business transformation • Develop your strategy and organizational change • Break down barriers to change • Cultivate your partner ecosystem • Adopt an agile approach • Fund it as an investment
Types of Digital Transformation 1. Process Transformation 2. Business Model Transformation 3. Domain Transformation 4. Cultural/Organizational Transformation
Some Digital Transformation Examples Implementing concrete, consumer-focused digital transformation solutions like mobile applications or websites that enhance the customer journey is one example of digital transformation. Others incorporate the use of machine learning algorithms to convert an old-school company into a digital one.