Digital Transformation Business Growth baibi.com.au
Digital transformation business growth, the process of integrating digital technologies into all aspects of a business to meet the market and changing business requirements, with the aim to increase the effectiveness of business operations and customer relations, requires organisations to update their systems, processes, organisations and culture.
Successful digital transformation can be achieved via company-wide alignment, design thinking and adoption of the leading edge technologies.
Increasing competition means that digital transformation can provide powerful leverage for companies as they aim to stay relevant. For example, the retail transformation, triggered by the rise of e-commerce, forced thousands of companies who failed to adapt to e-commerce as a retailer, out of business. Past advancements, from personal computers, the internet, mobile technology, social media and through to recent advances in AI, are all such important technological innovations that have all caused slow adapters to fail previously.
The steps to successful digital transformation (DX) require a well designed framework that will guide you through your DX journey.
Each organisation is different, with different needs and has a slightly different set of transition targets and a crucial step towards organisational synergy is to determine the current level of digitisation and try to align that with long-term digital goals.
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