Digital transformation & the hybrid workplace: Companies across the globe are digitally transforming as they are challenged to improve business processes and develop new capabilities and business models. Digitalisation can be described as “the innovation of business models andprocesses that exploit digital opportunities”.
In this economic reality where entire industries are disrupted, actionable intelligence is the new currency. As we access into the future more and more products and services are consumed via dominant digital platforms. For many organisations, digital transformation is a strategic priority in order to renewtheir business and stay competitive. However, managers find it difficult to set and implement digital agendas because they are unsure about the process, topics and setup.
In order to provide management with an overview of the most important topics, six identified dimensions/action fields provide an important framework for businesses to succeed in digital transformation.
Cloud infrastructure investment has brought businesses into the next step of technological advancements. Almost everything is now residing in the cloud and its influence expands beyond the enterprise level.
By 2025, cloud preference for data management will substantially reduce the vendor landscape while the growth in multicloud will increase the complexity for data governance and integration.
Cloud Database Management Systems (DBMS) offer optimization strategies designed to support transactions and/or analytical processing for one or more of the following use cases:
- Traditional and augmented transaction processing
- Traditional and logical data warehouse
- Data science exploration/deep learning
- Stream/event processing
- Operational intelligence
- Augmented transaction processing
- Event stream processing (Internet of Things)
- Data science exploration/deep learning
- Operational intelligence
Migration to cloud technology is the first step in a digital transformation. Digital transformation leaders are increasingly planning a hybrid cloud strategy, instead of remaining solely dependent on either private or public clouds. Employers are adopting a truly hybrid approach to IT infrastructure. Workloads can be hosted in a variety of environments to optimize performance, looking for agile, responsive workflows, leading to a substantial increase in sales and a more efficient customer experience.
Improved Efficiency
Digital transformation certainly helps in improving the efficiency of business operations. The DX journey could save businesses that are stuck with outdated legacy systems and infrastructure. By automating business operations and resolving the technology bottlenecks, digital adoption offers greater flexibility and efficiency to enterprise applications.
Assured Business Continuity
Business continuity is often mistaken for disaster recovery. Still, businesses have to prepare for the other unknown with a well-thought-out strategy that keeps a business in line with continuous, ongoing change. Cloud services saved hundreds of companies allowing them to store, access securely, and transfer data without any delays during the COVID-19 climate.
Enhanced Profitability
Migrating enterprise applications from on-premise to the cloud server eliminates the need for in-house architecture. Plus, integrating all the stand alone systems saves a huge amount of operational and infrastructural costs. Besides, leveraging intelligent analytics can give a 360-degree view of what’s happening across the organization and empower you to make quick decisions on the go.
Improved Business Agility
Recent research states that 65% of businesses will aggressively replace their legacy systems with a more agile, scalable platform that compliments the ever-changing technology stack and customer requirements. Digital transformation is seeing the light of day in all industries focusing on customer-centric innovation while future-proofing their IT investments.
It is time to redefine your business journey with the wide array of digital transformation and innovative solutions by leveraging cloud, mobility, analytics, and artificial intelligence.
