Five Proven Ways to Implement Digital Transformation in Your Enterprise



Digital transformation solutions play a crucial role in leading modern enterprises toward success. But then, as more entrepreneurs tend to jump on the digitization bandwagon globally, it is of utmost importance that a well-planned digital transformation strategy should be in place. In this article, we are going to discuss five major ways to implement enterprise digital transformation effectively.

In a recent survey conducted by SAP and Oxford Economics, 80% of leading enterprises mentioned that digital transformation can increase profitability. However, factors like ‘fear of the unknown’, ‘lack of discipline’, and work culture-related issues can derail digital transformation efforts. Here we give five proven practices to help you implement digital transformation solutions successfully while overcoming these issues.

Also Read- How to Ensure Digital Transformation Success for Your Enterprise

Five Key Aspects of Effective Digital Transformation Strategy

1. Define

Lack of direction and focus are the biggest hurdles in the way of digital transformation. Therefore, it is necessary to define the right digital transformation strategy in a way that every stakeholder can understand. Also, you should assess whether the digital transformation is feasible in line with the core objectives, budgetary limitations, and type of your business model.

When you define a roadmap for digital transformation, it is better to take the help of a reputed digital transformation consultant. You can ensure maximum ROI from digital transformation solutions with the help of such a consultant.

2. Communicate

3. Implement

4. Stimulate

5. Compliant

Original Source : Five Proven Ways to Implement Digital Transformation in Your Enterprise

Comments

Post a Comment

Popular posts from this blog

Top Five Benefits of Digital Transformation Solutions for Manufacturing

Image
Let’s start with the basics. Digital transformation solutions not only bring automation in various processes but also provide actionable insights for making informed decisions. Whatever digital transformation offers, one thing is for sure, it can change the shape of the manufacturing sector. In a   PwC survey , out of 2000 manufacturing enterprises, a whopping 86% expect to gain from reduced costs and increased revenue through digitization in the next five years.   What’s more, digital transformation in manufacturing enables the industries to leverage the benefits of Industry 4.0 and achieve new levels over the period.  Digital technologies including AR, wearables, cloud computing, IoT, and big data analytics enable manufacturers to make their processes more intelligent and smarter than before.  These days, market trends and consumer behaviors are changing rapidly across the world. All major industry sectors have to cope with increasing challenges and intensifying competition, and the
Read more

How Does the Internet of Things Impact the Textile Industry?

Image
The Internet of Things has turned into a boon for the modern world. Isn’t it? This technology has unlocked different possibilities of the digital age and made the ecosystem fully connected and easy to monitor different things than ever before. Among different industries, there is a high effect on IoT textile production.  The Internet of Things in the textile industry helps to improve fabric quality and with different sensor integration, it is easy to monitor people’s health. Yes, with clothing now we can monitor the heart rate and step calculated that helps in our lifestyle.  Before going into depth with the information, let’s have an idea about the Internet of Things.  Overview: Internet of Things  According to the famous Wikipedia platform, “The Internet of things describes physical objects with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communications networks.”  Moreover, now
Read more

Top Five Industrial Beneficiaries of Augmented Reality in 2022

Image
    Embracing technological advancements is the need of the hour for enterprises. Let’s take the example of Augmented Reality (AR) technology. It has gained traction over the period in various industry sectors. As per the prediction of Global Market Insights, the AR market is expected to cross $50 billion by 2024. In this blog, Augmented reality remote assistance solution is useful in repair and support. It is also beneficial in boosting sales and marketing efforts by providing an immersive experience to customers. Also Read- What to Look for in AR-based Remote Assistance Solution in 2022? Core Industry Sectors that Use Augmented Reality 1. Manufacturing AR can bring a radical change in the thriving manufacturing industry. This technology has found its place in maintenance and support departments. AR-based remote assistance and asset monitoring solutions can assist companies to resolve issues quickly and avoid unnecessary downtime. 2. Retail 3. Automotive 4. Healthcare 5.
Read more