We came up with another exciting topic for this week. As we all are aware of the importance of digital transformation in the present world let us know more in detail about it in this blog. Digital transformation, in general, is the digital technology being used in different areas of business resulting in the change in business operations and the value of the products and their delivery. This is actually a transformation of the business working from a traditional way to the modern and advanced procedure.
Although digital transformations vary every single point still there are few constants and common themes among existing case studies that all business and technology leaders should consider as they start on digital transformation. Some digital transformation elements are often cited:
- Workforce enablement
- Culture and leadership
- Customer experience
- Operational Agility
- Digital technology integration
Digital Transformation matters these days as everyone has shifted to digital and in case you want to compete within the race you also need to implement the ongoing technologies. Many companies have told that digital transformation has increased noticeable profits for the business. Some of the main factors that are driving digital transformation are:
Main factors that are driving digital transformation
Long-term Impact:
As of now, we can say digitalization has increased unemployment, automation has been used in the place of workers. But maybe in a couple of years, we can say that digitalization and automation will be the reasons for an increase in jobs. Much programming skill will be needed to develop and maintain digital technology.
Role of CIO:
As the digitalization increases and the working of the business changes, it is the CIO’s that will be responsible for either the success or failure of the business. The role of CIO will become an important one as they are the people who know the present IT infrastructure of the company and the future demands. They should lead and manage the business with upcoming technologies such as digitalization.
Data security:
Data security plays a very major role in business growth. It is not the loss of more data brings more loss to the company but if the data lost is very confidential data then that brings more loss to the company. Even though there are many technologies and algorithms used to prevent data from leaking still there are equally many reports such as hacking etc. By digitalization, we can have good data security.
Business assurance:
The digital economy is all about the continuous deployment of new services onto IT on premises and cloud-based infrastructure. Managing the digital economy is very difficult and by 2020 many businesses will shift to digitalization.
Businesses will have to ensure that the should adapt to the digitalization, else they can not sustain the increasing competitions in the business world.
Krify is one of the leading Global IT services providing company based in UK and India. We also have an expertise digital marketing team who helps your business to get online presence worldwide. You can contact us for more information we would be happy to help you.
