While the world is still getting accustomed to the concept of the digital workspace, there is ample evidence that the benefits are actively revolutionizing how we work. The world has investigated that enterprises have been adopting digital transformation technologies for some time, but unprecedented global challenges have sped up the process.
New technologies have been transforming workplaces since well before the pandemic. But with the increasing demand for businesses to adapt and thrive in the remote marketplace, digital transformation technologies have become key to staying abreast of the competition.
The need for digital transformation technologies in businesses today
Digital transformation creates new or modifying business processes, culture, and customer experiences to meet ever-changing market requirements by leveraging digital technologies powered by automation. These technologies help manage the business, empower employees, and intelligently engage with customers. For instance, deploying an AI chatbot to websites and social channels to respond to customer queries can reduce wait times and boost customer engagement levels.
Digital transformation technologies have managed to bridge a huge gap in internal communications enabling organizations and their workforce to stay connected around the clock and across continents. It has been able to:
- Streamline communications
- Optimize workflows
- Increase workforce involvement
- Enhance talent management
- Improve financial efficiency
Owing to the latest success, it is evident that digital solutions are no longer a choice. They have quickly become an important driving force for organizations to keep up in a digitally-enabled world.
Examples of digital transformation technologies
Adopting cloud technologies has greatly enabled companies to cut costs for on-premises systems and applications and enhance information access. It allows professionals to increase productivity remotely with the same speed and accuracy as if they were in-house.
The modern world of business is data-driven. Investing in an advanced analytics model helps tap into unexplored business areas and open new revenue generation channels.
Mobility is one of the most significant driving forces of digital transformation as it helps to eliminate friction in business processes. Empowering the workforce to connect and collaborate seamlessly through mobile devices running content-aware applications supports an end-to-end digital workplace.
One of the biggest advantages of investing in AI is the automation of business processes during and after working hours. Automated tools that keep working without supervision when the lights are out can help companies greatly streamline operations.
Importance of digital transformation in a new-normal work culture
In the past, companies only had to adapt to changes in market conditions and customer behavioral patterns. But the impact of the global Covid pandemic has vastly changed the dynamics of a response to an immediate, radically altered business imperative. The existing methods and gentle pace no longer apply.
With the changes imposed onto human lives with the crisis, redesigning an organization’s digital landscape has become necessary. Companies need to reinvent their operations, find new client acquisition and post-sales solutions, and deliver remote customer service that responds to unprecedented conditions and restricted movement.
Companies who are reluctant to invest in digital transformation technologies to meet changing business needs could risk their survival. Reinvention is essential to stay afloat while you meet government-imposed safety standards, both during and after a health emergency. Digital transformation technologies represent the agile response to changing times; it is critical for long-term success.
Five Benefits of investing in digital transformation technologies
Improved data sourcing
Data collection related to market statistics and customer patterns has become a key driving force across many industries. But often, companies fail to use the collected data to optimize their strategy. New digital transformation technologies offer a platform to gather the right data and implement them to develop business strategies using a higher level of intelligence.
Better resource management
New and improved digital transformation services combine data and resources with specially designed tools to meet business needs. Businesses can switch to a consolidated universal platform for faster results and eliminate the need for multiple applications and databases. In sum, digital transformation technologies offer a central repository for the new business requirements.
Data has become one of the most essential and powerful tools to analyze customer behavioral patterns. With more precise indicators and illuminated patterns, companies can develop a more customer-centric business strategy, increasing the chances of higher profits.
Companies who take advantage of digital transformation technologies are not just investing in improving their efficiency—there is money to be made. Reinventing services in ways that suit era-defining requirements also helps to enhance revenue. A recent report shows that companies investing in digital solutions are 80% more likely to increase profits and market share.
Empowering the workforce with the right digital tools tailored to address industry-specific requirements significantly increases efficiency. Digitally-driven operations are not only more agile but encourage a digital culture resulting in a streamlined performance. And not least, digital transformation technologies also help to upskill the workforce without disrupting production.
Digital transformation technologies are helping organizations across multiple industries find a balance to stay relevant in the new-normal world. Using newer technologies, companies can unlock previously untapped insights. Also, with the flexible nature of the latest digital transformation technologies, migrating to virtual platforms is simpler.
Digital transformation technologies powered by PreludeSys
The time to reinvent and optimize operations for the new digital world is now. Stay ahead with the assistance of experts in digital transformation technologies and prepare for a digitally connected tomorrow.
If you’re looking to implement the latest digital transformation technologies, PreludeSys is a name you can trust. We are Microsoft Gold Partner specializing in various application modernization and cloud-based solutions. We have helped over 50 organizations go fully digital across different industries, emphasizing quality and timely deliverables. For more details on digital transformation technologies, feel free to connect with us at your convenience.