Digital transformation is a term that has been thrown around a lot lately, but what does it actually mean?
It is the process of transforming your business to meet the challenges and opportunities of the digital age. Undertaking a digital transformation is essential because it enables businesses to keep up with these changes and compete in the global economy.
In this blog post, we will discuss key trends in digital transformation for 2022 and how you can kickstart your digital transformation journey!
In its simplest form, digital transformation uses digital technologies to create new or improved business processes, products, and services. This can include everything from automating manual processes to developing new customer-facing applications.
In many cases, digital transformation can be a response to changes in the marketplace or the needs of customers. For example, a company that sells physical goods may need to develop an online presence to stay competitive. Or a company that traditionally sells its products through brick-and-mortar stores may need to start selling online to reach a wider audience.
Here are some of the critical drivers bringing about digital transformation:
Starting a digital transformation journey enables businesses to keep up with these changes and compete in the global economy.
There's no denying that we live in a digital world. From how we work and play to how we connect and communicate, nearly every aspect of our lives has been touched by technology. Businesses that have been slow to embrace digital transformation to overcome this period of digital disruption are falling behind their agile, online competitors, highlighting the importance of digital acceleration.
Digital transformation is essential, not just for businesses but for society as a whole. For one thing, it can help to level the playing field, giving small businesses the same access to global markets that larger companies have. It can also help to reduce the redundancy of repetitive tasks and increase efficiency to foster a high-performance culture in your company. And it can help us to build a better future, one that is more connected, more collaborative, and more inclusive.
By embracing digital transformation, businesses can build more agile workflows to become responsive and customer-focused. In short, digitalisation is essential for any business that wants to stay relevant in today's market.
Here's a brief snapshot of the benefits of adopting a digital transformation journey:
In 2020 there was a significant push for digital transformation as businesses scrambled to respond to the pandemic. This Digital Acceleration Index from Boston Consulting Group found that the pandemic has accelerated digital transformation by an average of six years.
What does this mean for the future? We can expect to see more businesses embracing digital transformation in 202, and here are some of the trends to expect:
These trends will have a significant impact on how businesses operate and how they interact with their customers. Companies must rethink their processes and organisational structures as they adopt these technologies. Digital transformation will no longer be optional; it will be essential for survival.
A digital transformation journey can seem daunting, but it doesn't have to be. By following a few simple steps, you can start your journey with confidence:
Start by thinking about your project objectives and what you want to achieve by going digital:
Setting project goals will enable you to create a project pipeline
Once you know your goals, you can develop a strategy for achieving them to suit your business needs. This will involve looking at every aspect of your business and determining how digitisation and digital workflows can help. It would help if you also looked at the corporate tools such as time tracking, custom client onboarding processes, or even digital signing that will be beneficial in taking your business digital.
This is where the rubber meets the road. Once you have a plan, it's time to start implementing changes for your enterprise workflow automation. This will require buy-in from all levels of the organisation and a willingness to experiment and fail.
Digital transformation is an ongoing journey, so measuring your progress along the way is essential. By tracking key metrics, you can ensure that you're on track to achieve your goals.
Digital transformation is not a one-time event; it's an ongoing journey. You can confidently start your digital transformation roadmap by following a few simple steps. Digital transformation will allow you to better understand and serve your customers, drive innovation, and stay competitive. Tessaract is the optimal cloud-native, low-code workflow automation software to help streamline your business processes (such as document management workflows) to achieve operational efficiency. With Tesseract, you can work smarter by focusing on your business goals and leaving the technical details to us. Contact us today for a demo to power your business's digital transformation journey today.