Digital Transformation Trends & Myths!

You may hear about Fourth Industrial Revolution. today it is probably the hottest topic for businesses. thought by many leaders, policymakers, scientists, and of course technocrats. Klaus the founder and the Executive Chairman of the world economic forum who actually coined this term and writes. the first industrial revolution used water and steam power to mechanize production. the second used electric power to create mass production. the third used electronics and information technology to automate the production. now the fourth industrial revolution is building on the third. this kind of digital revolution has been occurring since the middle of the last century. it is classified by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres. he actually makes a very important point - "neither the technology nor the disruption that comes with it is an exogenous force over which humans have no control. all of us are responsible for guiding its evolution. in the decision, we are making on a daily basis as citizens, consumers, and investors.

Today the term Digital Transformation is still misunderstood by many. digital transformation as a business imperative is widely agreed upon. when then is a digital transformation in practice? is it an IT project? or the introduction of few cool tools in the company. or the addition of mobility is driven customer relationship management (CRM) initiative to engage customers better? As an organization, if you look to embark on the digital transformation journey or trying to save away from it. there are few still myths regarding Digital Transformation that you need to steer clear of it. if you are interested and want to lead your organization through digital transformation. the first step is understanding the realities of digital transformation rather than getting carried away by the hype. Check Out For Digital Transformation Services.

you need to transform your business by applying digital thinking across everything you do - how you win, serve, and retain customers, how you operate your internal processes, and how you source business services. for example, your answer to the below question alone will help you craft a roadmap that takes digital transformation beyond the realm of IT.

Digital Transformation business success

  • Have you ever identified areas in your business where automation is most relevant?
  • Is your existing workforce consistently improving productivity and quality?
  • which steps have been taken to convince your investors about your digital vision and the long-term value creation of your digital transformation journey?
  • From the new source of digital business how much revenue is coming?
  • Do your company leverage analytics around customer data, operational data, and compliance?
  • Do you have a digitally literate leadership team?
  • Have you established training programs to overcome the digital skills gap and reskill your existing employees?
  • How are you empowering employees through digital channels to enable faster decision-making and encourage greater agility within your organization?
These are few myths that I tried to address. if you are looking for a technology partner who understands the Digital Transformation landscape. and provides Digital Transformation Services. then contact Qbrainx. they are an excellent service provider.

Comments

Post a Comment

Popular posts from this blog

ServiceNow Performance Analytics Components

ServiceNow Performance Analytics: ServiceNow Performance Analytics improves business by allowing companies to create, track and analyze progress towards targets. it also gives more individuals with better data in a quick time and allows them to concentrate on what is essential. Components and Concepts that are included in ServiceNow Performance Analytics: Indicators: they are measurements of business service that help you to monitor your organizational behavior at proper intervals. collection of indicator scores are gathered as an outcome of these performance measurements throughout time. these scores are used by businesses to access existing conditions and projected future developments. indicator scores can be taken from other indicators entered manually or created automatically with the help of a collection of data from the indicator source. it can be visible and analyzed in the analytics hub or displayed on the dashboards through widgets. Elements and Breakdowns:  Breakdown elemen
Read more

The Major Considerations For Mobile App Design!

Mobile applications generally occupy more than 50% of the time spent by the users on digital media. with more than 85% of users preferring mobile apps to mobile websites, it is important to understand that there are a number of factors that drive mobile app sales including the platform, marketing efforts, and design. Regardless of whether you are taking a gander at arranging your timetable, boosting your business, shopping the internet, setting up your financial plan, or practically whatever else there is a portable application that can help you. in any case, this doesn't imply that each portable application is bound for progress. Application configuration is vital. Check Out For Mobile App Design Services . here are a couple of different interesting points during this interaction Do you really need a mobile app? Before you start designing your app, you need to ask yourself if you really need one. you should know there is a market for your app. sometimes it may make more sense to c
Read more

What is Strategic Portfolio Management & its benefits?

Any organization's strategic portfolio management must include investment kind, project, or initiative. Smart project management is simple; yet, when an organization juggles dozens or hundreds of portfolios, things get complicated. Are you or your company coping with this huge problem?   According to statistics, a torrent of projects will pause in 2020, followed by a major increase and massive upheaval in many industries such as digital transformation, corporate strategy, and organizational adaptability in 2021. As a result, smart management resources failed in this case. Are you seeking a solution to this type of problem? Then SPM is the greatest solution for this case.   Strategic Portfolio Management is a form of the route in which things continue to slide. Are you unfamiliar with the notion of Strategic Portfolio Management? You are quite fortunate since it is entirely QBrainX-based - and we would be delighted to guide you through it. This article explains what Strategic Portfo
Read more