31 October 2022 | Noor Khan
Organisations are realising that they will need to evolve to grow, remain competitive and meet the regulatory standard. There is this collective move towards digital transformation to digitise and modernise archaic, outdated processes within organisations.
Digital transformation has become inevitable with 27% of businesses stating that it is required for survival according to the Digital Marketing Institute. Here we will look at what digital transformation is and why now is the time to implement it.
Digital transformation is the use of technology and software to digitise a process to improve and evolve to meet the expectations and demands of teams and customers alike. If carried out well, digital transformation can transform the way businesses operate to improve customer service, drive growth and compete with industry leaders.
To make a digital transformation a real success, organisations have to invest money, time and effort. Adapting to change quickly and efficiently is the key to success in evolving markets and demands. Therefore, digital transformation is no longer a want but a necessity for survival.
Businesses must be able to meet the demand of customers to maintain competitiveness. What may have worked for your organisation twenty years ago, will more than likely not work now. Continuous improvement and evolution are what digital transformation is about. If you have outdated processes in place, which require manual effort, time and resources, you are setting yourself at a disadvantage. With the adoption of technology, your teams can become productive and efficient to deliver the results you need to succeed.
Digital transformation is no easy feat, it will require significant investment. Depending on the size of your organisation and the scale of the project, you will require a considerable budget to bring your digital transformation to life. Outsourcing software development for your digital transformation is a great alternative if you do not have the skills and resources in-house. Some things to consider if you are outsourcing your digital transformation are:
Digital transformation of processes will centralise your business processes, activity and data. This enables you to have complete control of your data and ensure compliance, whether that’s data privacy compliance such as GDPR or industry-specific compliance such as protection of patient data in healthcare. You can only ensure data is protected if you know the type of data you have, where the data is stored and how you can access it.
The hybrid and the remote work movement made apparent how many businesses were still hesitant to adopt technology whether it was budget constraints or the idea of ‘what is working will do for now’. According to the ONS, it was reported that just under 80% of people that worked from home in some capacity, that they felt an improvement in their work-life balance. With companies increasingly looking to improve the well-being of their people to improve morale, increase productivity and retain staff, a move towards digital is a must. Digital transformation of your business processes can support remote work and employees working to work effectively and efficiently.
The requirements and end goals will vary from organisation to organisation. With our digital transformation service, our teams will work with you to find out your key challenges, requirements, and end goals to deliver a solution tailored to you. Whether you are looking to digitise a single outdated process or implement digital transformation across your organisation, we can help. Get in touch to find out more or to set up a quick discovery call.
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