How to Transform Your Business Through Technology with Digital Transformation
Digital transformation is driving businesses forward to achieve sustainable growth and stay ahead of their competition.
How to Transform Your Business Through Technology with Digital Transformation
In 2020, during a pandemic, businesses were forced to make quick and drastic changes to continue operations. Technology has advanced so much over the past several years, with even more technological advances coming out of the year 2020.
Businesses of all sizes have adopted new strategies. According to a survey conducted by The Enterprisers Project, 97% of global IT professionals went through some sort of digital transformation in 2020, with this trend continuing into 2021. If your business has not completely adopted the digital age into your operations, we offer strategy considerations to transform your business through technology with digital transformation.
What is Digital Transformation?
Digital transformation is the process of rethinking how an organization uses technology. It is the process of adopting digital technology to improve business processes, customer relations, and revenue streams. A digital transformation strategy is a plan that describes how a business should strategically reposition itself as they consider innovation, changing business models, and leveraging emerging technology.
Digital transformation is driving businesses forward to achieve sustainable growth and stay ahead of their competition. To transform your business with technology, it’s important to have a digital transformation strategy.
How to Create a Successful Digital Transformation Strategy
Once you are ready to push your business forward into the digital age, you will need a solid strategy. According to Tech Pro Research, 70% of businesses have a digital transformation strategy in place or are working on one. Here are 5 steps to help you achieve success with digital transformation.
Define Your Vision
Think about the kind of experience you want to provide. Set goals and consider how digital transformation will impact your customers. Ask yourself questions like:
- Where are strategic gaps in your organization?
- How can you use technology to support your employees?
- What challenges in business processes does your organization face day-to-day?
- What experiences do you want to provide for your customers?
- How will technology help you meet the changing needs and expectations of your customers?
Engage the Right Leaders
It’s important to have the right leaders involved with this transformation. Appointing a Chief Digital Officer to help implement transformation planning and execution will support successful digital transformation.
Focus on Culture
Company culture can be one of the biggest hurdles for effective digital transformation. It’s important to create a culture that supports digital innovation. Everyone in your organization should know and understand the vision and direction your business will take and why the transformation is so important.
Obtain Expert Resources
Digital transformation requires a team of experts to put your business on the right track. You may want to select a few individuals within your organization, outsource, or work with an IT services partner, like ExcalTech. Your team of experts must have extensive IT knowledge in the areas of infrastructure, cybersecurity, and management. Your team must be willing to learn about new technologies, be open to ideas, and be able to adapt to your business as it continues to evolve.
Choose the Right Technology
There are many vendors and solutions that can help you meet your goals. Without a sound strategy in place, and experts to help make decisions, you could get overwhelmed by all the technology options available. To determine what technology will be an important part of your digital transformation, ask yourself these questions:
- Does the potential technology align with your digital transformation strategy?
- Does the technology fill in any gaps in your organization?
Ready to Transform Your Business?
Organizations everywhere, large and small, are investing in technology to catapult their business to the forefront of their industry. Technology continues to advance and become major components in every aspect of life and business. It’s time to rethink the way your organization uses technology.
With the right strategy in place, the right leaders, and an expert team of IT professionals, you will be able to transform your business through technology with digital transformation. ExcalTech has the expert IT team you need to make this transformation easy and successful. Reach out to us today to get started. Call us at (833) EXCAL-TECH or send an email over to sales@excaltech.com.
