Digital transformation is key not only in terms of short-term growth and market share but also to ensure their long-term survival and relevance.
Digital platforms and ecosystems can drive efficiencies, and through new and unexpected collaborations, create new value for businesses and for customers.
Digital maturity across industries has been classified into personas such as beginners, conservatives, & digital masters with digital and leadership capability driving their business transformation. You can browse https://www.exxoteck.com/ to know more about digital transformation.
The digital age has brought about a new way of thinking on process and operations. Smart devices with digital capabilities are seamlessly offering direct benefits to industries around productivity, efficiency, innovation and decision making.
Today's millennial enterprise CEO priorities are innovation, speed to market, public trust and human capital which leads to initiatives around digital and data-driven business. The CIO priorities are to manage both innovation and operations.
While on one hand, it is to increase transformation, efficiency, security, on the other hand, it is to cut costs & time for new service, maintain, simplify IT models & infra and improve business process.
The business outcomes of a digital transformation program decide its critical success factor or value proposition. These could be around customer experience transformation or enterprise user efficiency. People, process and technology are critical factors for the success of any transformation program.