What Is Digital Transformation And The Need For Opting It?01-Feb-2022
The business world is driven by technology, with almost every big or small business leveraging technology to fuel its growth. This automatically brings an unprecedented digital transformation that was never imagined before. Some credit for this hastened transformation also goes to the Covid induced lockdowns that forced everyone to limit human interaction as much as possible.
However, digitization also helped the world cope with these disruptions in many new and innovative ways. Given the fast-track world of the modern-day, every business needs to adopt digitization to suffice the need for a more scalable and agile IT environment.
What exactly is Digital Transformation?
Digital transformation is not super complex, but it is a simple process of adopting all the latest technologies to enhance the overall business environment. This means delivering a better customer experience, enhancing and optimizing different business processes, and augmenting different methodologies to meet the ever-changing requirements of the fast-evolving business environment.
In simple words, digital transformation is a reimagining or reframing the existing business environment to suit the modern digital age. Many even refer to digital transformation as DT or DX. It will be very challenging for businesses to survive without digitization as time passes. On the other hand, those who go along with the transformation will certainly amplify their revenue in the coming decade.
Why does your business need Digital Transformation?
There are many reasons why your organization should be opting for digital transformation, and these reasons certainly highlight why you should be hastening this transformation. Therefore, let’s check out these reasons.
- Leveraging Data: Data has become one of the most important tools for every business operating in this modernized environment. Businesses collect data from customers and use the same to generate valuable insights that will help one make better and more informed business decisions. This also helps businesses better understand what their customers want or expect, allowing companies to deliver the same. This enhances the overall customer experience, further contributing to amplified revenue generation.
- Tackling Competition: The increasing access to the internet has opened up many doors of choices to the customers. This automatically increased the competition as customers can now access goods and services from almost any business with an online presence. This means that every business needs to leverage digital solutions to reach potential customers and turn them into paying customers. This is an impossible undertaking without driving augmented digital transformation across the organization. Any business failing to do so will lose their customers to competitors to simply get a better customer experience.
- Impact on Culture and Values: It is no secret that digital transformation has a notable impact on the values and culture of society as a whole. For instance, the world you live in today is very different from what it was even two years ago when digitization was slow. This indicates that digital transformation significantly impacts the values and cultures of a digital society, no matter the type of business or industry.
What is Digital Transformation as a Service?
Digital Transformation as a Service, commonly known as DTaaS, is one of the most effective ways to enhance scalability, flexibility, and integration among different service providers. This further provides the business with sustainable enhancements that increase the chances of ensuring a successful digital transformation.
To be more precise, DTaas or DXaas will enable your business to drive continuous end-to-end transformations along with the capabilities to adapt to the fast-evolving values of business environments. The primary aim of DTaaS is to provide businesses with effortless and automated integrations across different business areas. This includes consultants, stakeholders, and service providers to facilitate seamless data sharing that will help boost the investments made in the transformation process.
This is also one of the reasons why most businesses are now opting to move to DTaaS from DT simply cause it provides the company with an increased range of services.
Moving from DT to DTaaS
Digital transformation is not an easy undertaking for any business because every stakeholder can feel the impact of this transformation. It becomes challenging to enhance an entire section of the business with time. Furthermore, such transformation requires enhanced collaboration and augmented monitoring to increase the chances of success.
However, this is where a business can leverage the potential of Digital Transformation as a Service (DTaaS). Especially with advancements in the latest technologies such as the Internet of Things, cloud computing, artificial intelligence, and machine learning paired with solutions such as the SAP Leonardo means that DTaaS is no longer limited to a one-time engagement.
Instead, it is more about driving constant transformation that can benefit the business in varied ways. For starters, it can help a company enjoy more scalability, flexibility, cost-saving, and, more importantly, constant problem solving while enhancing different processes. Therefore, any business struggling with digital transformation can opt for digital transformation as a service instead.
Is DTaaS helping businesses succeed?
DTaaS is a relatively new concept, but it always helps drive strategized transformation, making things more manageable. With DTaaS, one can divide their transformation into four different facets to make things more manageable. These four areas include data-centric, customer-centric, culture, and strategy. Once a business can take care of all these with DTaaS, the transformation will not feel like a challenge.
As you can see, digital transformation is no longer a thing that can be delayed because any business doing so will be out of business shortly. Therefore, consult the experts at SAP consulting services and find the ideal roadmap to transform your organization and business as a whole.