Multinational companies are now seeing the actual value of Digital Transformation and why you should too
According to the UN’s trade and development agency, the slowdown in the global economy affected by the Covid-19 pandemic is likely to cost at least $1 trillion in 2020. As corporate leaders are now being forced to re-think business strategies, they are beginning to realize the actual value of Digital Transformation and it is no more a merely “nice-to-have” but a crucial next step for businesses to embark on. The social distancing strategies at workplace like working from home would not be possible at all without prior digital transformation efforts.
In a survey done in late 2019, stated that 87% of companies think digital will disrupt their industry, but only 44% are prepared for a potential digital disruption. The proper implementation of Digital Transformation can provide opportunities for companies to explore other innovative solutions such as ways to automate and speed up tasks with Robotic Process Automation (RPA) and application of big data analytics to extract the market demand information to make accurate business decisions. However, none of the above can be explored without first prioritizing the digital transformation initiatives.
The first step to start your journey for Digital Transformation is by conducting the Digital Transformation Maturity Assessment, it allows your organization to quickly evaluate the current state of Digital Transformation maturity level relative to key goals and achieve actionable improvements. Cybiant’s team of consultants and experts can conduct a thorough assessment for your company and provide you with the maturity gap results in order to prepare a proper digital transformation strategy that is suitable for your organization.
With Cybiant’s Digital Transformation consulting solutions, we can help your organization to identify which new business models are relevant for your industry, and what technology and knowledge is required to succeed. Furthermore, by applying the ‘Design Thinking’ methodology, Cybiant can also help your organization to develop completely new and innovative business models, all the way from idea initiation to first proof-of-concepts. Separately for working professionals, attending the Digital Transformation certified training course will also greatly benefit your career progression in the near future.
The impact of Covid-19 pandemic is fundamentally changing how businesses operate and at a rapid pace. Soon the integration of Information technology and data analytics in business operation will be a necessity for companies to thrive and survive. Now the question is will you be ready by then?
Click here or email us at info@cybiant.com to know more.
