Digital Transformation: A Wake Up Call for Business Owners in 2019
10 Jul 2019
www.gatewaydigital.eu
“Either meet the customer demands 24/7 or become obsolete.” – This is the key message for traditional business owners in 2019. Global digital transformation investment is expected to reach $2.2 trillion this year. And businesses all over the world are embracing digital transformation to gain an advantage over their competitors. The companies who lack technical insights are also getting in touch with companies providing digital transformation consulting.
If you’re still not a part of this bandwagon and are reluctant to change, you might want to consider following points:
Technological evolutions are becoming more impactful than they were More number of people are using multiple devices from different locations There is a rising demand for swift deliveries without compromising security and quality of products Customers are asking for automated, intuitive, transparent, and secure experiences. And the applications that provide these experiences need multi-cloud services to work smoothly
Through the above points, it is fairly clear that business owners of today need to step up or get in touch with a company that provides digital transformation consulting services to understand how to drive the change. Apart from that, they can consider undertaking the following steps: Develop a Fair Understanding of Technology If you are a business owner, chuck superficial understanding of technologies out of the window. Have meetings with your CIO and understand the technologies to the core in terms of what they do and how they work. Ask questions, know how a particular technology affects the market and what you can do using them to your advantage.
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Digital Transformation: A Wake Up Call for Business Owners in 2019
WWW.GATEWAYDIGITAL.EU
For example, if your company is into internet of things, find out whether it is associated with Industrial or Consumer Internet of Things. There’s no need to get into the nitty gritty of artificial algorithms to understand the unstructured data. But find out about the challenges that you need to resolve with your unstructured data using artificial intelligence. Always remember that your business and the IT aspect of it should go hand in hand. Converse in the Same Language To act on digital business transformation, one needs to get over the blame game. Most of the business owners blame their C level executives and ecosystem of companies who offer digital transformation solutions. But instead, start mulling over these pointers: What does digital transformation mean to your company? Are you ready to bring about the change? If yes, then how? Would you be opting for digital transformation consulting services to enable digital transformation? In the first FutureScape 2017 webinar, IDC’s Frank Gens said that “Digital Transformation has always been about the accelerating and robust transformation of business processes, competencies and models to fully leverage the transformation and opportunities of digital technologies and their impact across society in a strategic and prioritized way”. As a business owner, you need to acknowledge the fact that organizations are undergoing disruption by adopting accelerators like cognitive systems, AI, ML, next generation security, robotics, AR/VR, internet of things and counting… Know What Digital Transformation is not A lot of companies boast of having a connected IT infrastructure and claim that they are “digitally transformed.” However, if their front and back end office systems and departments are not connected, customers, workers and stakeholders are not involved, there are issues of security and legacy, and there is no digital culture in place, Digital Transformation is clearly not happening. Develop an understanding of the impact of technologies and how they are connected in order to create new revenue systems. Mull over your business processes and optimize it, change the model if the need be, innovate and last but not the least, respond to the ever-changing market conditions. Hire Experts for Your Needs This might sound a little preachy, but if you do not have digital transformation experts in place, things might come to a hiatus. You need professionals who understand the integration of business and technology to the core. Be a hybrid leader and get in touch with a company that can offer you with digital transformation consulting.
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Digital Transformation: A Wake Up Call for Business Owners in 2019
WWW.GATEWAYDIGITAL.EU
Your Search Ends with Gateway Digital Being digital in true sense, Gateway Digital has helped several companies to discover actionable insights from their business lifecycles and data and has transformed IT ecosystems into more automated, lucrative, and customer-centric. Are you thinking digital transformation too? Why not drop an email to us on hello@gatewaydigital.eu with your requirements? We are looking forward to have a tête-à-tête. with you!
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Digital Transformation: A Wake Up Call for Business Owners in 2019
WWW.GATEWAYDIGITAL.EU
Enterprise Solutions for Digital Transformation
Gateway Digital Europe Maria Montessorilaan 5, 2719 DB Zoetermeer, The Netherlands Phone : +31 0 792 3200/980 E-mail : hello@gatewaydigital.eu
www.gatewaydigital.eu
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Digital Transformation: A Wake Up Call for Business Owners in 2019
WWW.GATEWAYDIGITAL.EU