Why your business needs digitalization_

1. Why your business needs digitalization?

2. Digitalization converts written and oral communication to electronic messaging that everyone understands. This transformation is achieved through business networks and wireless networks. Simply put, you can say that business networks digitalize everything in the old world that required a written business document. Wireless networks digitalize everything that was earlier managed by a phone call. The main reason to digitalize your business is that digitalization is not a trend but how the whole world is heading. Digitalization aims to enable automation, increase data quality, and collect and structure all that data so we can apply advanced technology, such as better and smarter software. Digitalization outcomes are higher process efficiency, lower transaction costs, and better control of business operations, both for the individual company and the network of connected businesses.

3. Three-pointers for successful digitalization Digitalizationis not specific manufacturing, warehousing or logistics issue; it's a business-wide challenge. Thinking of digitalization as many separate projects complicates the process and belittle the value it can bring to your business. To reap the full benefits of digitalization as described above, here are three tips to keep in mind as you set out to successfully digitalize your business.

4. Start from the bottom up by establishing a business network. Most digitalization showcases are singled-out projects. The tendency is to start with wireless networks because the source is limited in scope, tangible, and "techy"— and we like "techy" things. Self-driving electric cars and trucks, fully automated warehouses, and robotics in production are all incredible examples of wireless networks in action. Robotics in manufacturing opens many doors — new career paths for employees, economic gains, business growth opportunities — but it is a business network that takes your innovation and success beyond your company walls. Therefore, it's better to embrace the business dynamics and build your digitalization strategy around networks that connect your different ERPs and applications. Because without a business network, your underlying data quality will not be good enough for the rest of your business applications to reach their full potential.

5. Tap into the power of high-quality data The crudest way to start digitalizing written business communication is to scan physical documents and digitize these business transactions. Today the infrastructure, regulations and technology to implement end-to-end digitalization of your business transactions already exist in most places across our globe. Once you have all your transactions digitized, you can start collecting data. And this is when it starts to get interesting. Essentially, any business is a small step from realizing a digitalization strategy and tapping into Big Data. Most stop after digitizing the transaction and thus miss the opportunity to digitalize the complete business network to start harvesting the vast amounts of data in the transactions.

6. Opt for the holistic approach to digitalization Business leaders seldom see digitalization's promised or expected benefits from a holistic view. Still, if you continue to work with digitalization in siloed approaches, the full benefits will remain untapped. As a business leader, the strategic benefits of a holistic approach to digitalization are immense – visibility over operations leads to better control, the cost of acquisitions drops dramatically, the opportunity to identify and harvest arbitrage in both revenue and cost increases significantly, transaction costs drop, environmental impact from operations decreases, and that's just the tip of the iceberg. More and more business leaders are starting to understand the importance of digitalization and the benefits of approaching it with the big picture in mind. A business network lays the groundwork for all your communication; a wireless network and business applications demonstrate your ability to deliver innovation.

7. Contact us - Address - Königsallee 2b 40212 Düsseldorf Deutschland / Germany E-mail-hello@tolga-akcay.com Website - https://www.tolga-akcay.com/