Technology is reshaping businesses in numerous ways. It influences multiple fields including marketing, healthcare, education, sales and more. While organizations are looking to improve their business models by combining technologies, a new paradigm of digital transformation is much needed. It can be defined as a strategy for integrating tech into different functional areas, company culture & customer experiences for driving efficiency and delivering enhanced value.
So, to help organizations develop a digital vision without having to scour through overwhelming reams of data, this article offers:
Embracing next-gen technology enables organizations to adapt to a fast-changing business environment – in terms of people, processes and products. This transition intelligently integrates technologies into operations and core competencies to create unrivalled value across the board.
A business may consider a digital shift for different reasons. But clearly, the most compelling reason is that you have to: It has become a survival issue! The pandemic has left no option for businesses. However, it adapts quickly to changing customer preferences, supply chain disruptions and increasing market pressures.
Apart from future-proofing your business for the challenges of the new normal, it also brings you other big advantages like:
All of these will ultimately boost the resilience and revenue of your business even in a crisis. Isn’t it precisely what your business needs right now?
Apart from these critical enterprise digital transformation benefits, a sound technical innovation strategy also translates into higher data security, improved resource allocation, progressive digital culture and opens up new possibilities to develop digital products and services.
We’ve helped many enterprises revamp the way they do business in this digital era with world-class solutions customized to their needs
Imagine what it would be like if the distribution channels you rely on fall into ruins! Your establishment shuts down. You’re not able to serve your customers anymore. How would it affect your business revenue? How long would you survive?
This is precisely what many businesses faced when the global pandemic broke out. Some forward-thinking companies adapted to this challenging situation by rethinking their business model. We’ve witnessed how the Covid-19 crisis rapidly revolutionized the “what & how” of companies’ digital transformation strategy.
Today, with most organizations working remotely, the employee experience of technology has emerged as a critical digital transformation trend within the HR circles. In the IT community, this concept has received a mixed reception while being stereotyped as “A spoilt workforce expecting world-class tech on a tight budget.”
With the possibility of remote work becoming a permanent reality in the foreseeable future, employee experience of digital technology has advanced from “good to have” to “the best way to get work done.” Finally, it has come down to the long-deserved problem-solving approach.
Other crucial areas of digital enterprise transformation that COVID-19 pushed as high priority on CIO agendas include:
Many enterprises have revamped their digital technology in response to the forceful disruption – focusing on “hey, it works” versus “we’ve assembled the best features after investing years on this initiative.”
The pandemic has pushed this imperative to its highest level of urgency. Enterprises have accelerated the adoption of different technologies by several years – and many of these digital transformation trends are here to stay!
Digital adoption is taking a quantum leap forward. If you’re not keeping up with the pace, you’ll have a growing digital gap to fill. This will make it even harder for you to compete in a market that’s already competitive.
There are several aspects where businesses can implement their digital strategy. But the most crucial areas of digital transformation are:
Despite these benefits, many companies fail to use these technologies to their full potential. This happens either because companies don’t know what these solutions entail or due to the sheer volume of data and its complexity that renders decision-making a challenge. As a result, enterprises miss out on lucrative business opportunities. Follow this framework to make the most of them.
Every organization has unique challenges and specific demands due to which their digital transformation journey will vary widely. However, there are a few overlapping themes among existing examples of digital transformation that all entrepreneurs and technology leaders should consider including in their strategy. These are:
Take a look at this digital transformation framework that highlights how you can structure your business model to maximize your ROI:
While every enterprise may adopt a different framework, reviewing case studies of digitization with goals similar to yours will help you formulate your digital transformation strategy with timeline. Take a look at how Rishabh Software helped few such companies adopt new-age technologies and ensure future success.
A US-based occupational therapy provider wanted to modernize its existing medical practice management system for enhanced patient engagement and operational efficiency. The re-engineered practice management solution helps manage patient visits and schedules for therapists with:
The new secure and scalable solution resulted in a 46% increase in overall productivity, 3X improvement in collaboration & 99% automation in document management.
A leading American hospitality business wanted to integrate data from different apps like Cognito forms, RMS, Opera and more into a unified platform. Rishabh Software custom developed a cloud-based data warehouse with:
The robust cloud-based data warehouse solution improved workflow efficiency by 50% and accuracy of business understanding by 99%.
This is something that forward-thinking businesses are better off than their unprepared rivals. Successful businesses operate with a clear vision, using a digital transformation roadmap that defines the way forward. Without these vital strategic tools and an experienced technology partner, companies would focus only on addressing today’s issues and fail to deliver continual value to their stakeholders. Smart technology offers endless opportunities to compete globally and create a solid foundation to outperform competitors.
Our unique blend of technology expertise and multi-domain experience enables us to respond fluidly to unique challenges. We take a tailored approach to tackle every business transformation. It is a customized plan of what we’re going to change, why, how and the support needed in the long-term.
Businesses that cannot keep up in this digital age will lose their customers to competitors that respond quickly. Therefore, it is crucial to develop an enterprise digital strategy and start the transformation sooner than later.
Jumpstart your DT journey with an award-winning custom software development company that has two decades of experience in driving digital success