The nature of work is changing fast. It’s time to up capabilities to meet the changing market demands. Applying digital, analytics, and IoT technologies has the potential to be worth over a trillion dollars for industrial companies.
However, to capture that value, these companies must take a holistic approach to digital business transformation instead of the piecemeal transformation process we often see.
So, what does digital business transformation mean in today’s context?
Digital Business Transformation utilizes technology to design and execute new business models, processes, software, and systems leading to increased revenue, more competitive advantage, and higher efficiency.
Companies achieve this by revamping processes and business models, enhancing workforce productivity and innovation, and customizing customer experiences.
Difference Between Digital Transformation
and Digital Business Transformation
Digital transformation is the process of transitioning a company’s business model to one that is based on digital technologies. This can involve the overhaul of back-end systems and processes, as well as the development of new customer-facing applications and services.
Digital business transformation, on the other hand, is the implementation of a digital strategy across all aspects of the business. This includes not only technology but also marketing, operations, and organizational structure.
Empower Your Organization with
UniAspect’s Digital Business Transformation
According to IMD, Digital business transformation (DBX) is about more than devices and software. It is about organizational change through digital technologies to materially improve performance.
The explosion in the use of AMPS (Analytical tools and applications, Mobile tools and applications, Platforms to build shareable digital capabilities, and Social media) is changing the dynamics of competition in many industries.
We stand at the intersection of Business and IT consulting, providing an integrated solution for your corporate needs.
The new era of automated production and data exchange opens up a broad range of use cases that can cut costs, increase yield, and support new manufacturing methods. Think Starbucks, Burberry, Novartis…
These organizations leveraged data, automation, machine learning, and AI to guide themselves through digital business transformation change. The result – they are among the leading industries in the world showcasing 360-degree change initiatives that derive hefty dollars in profit.
We can help your organization achieve the same results through digital business transformation.
UniAspect Digital Focuses On
Developing a strong foundation for your business with cloud technology
Creating a collaborative environment that promotes resilience
Conform to new ways of customer engagement
Get The Success Factor Right!
The idea that digital business transformation can help organizations grow and recover may not be new, but the urgency is.
A 2020 Gartner study found that CIOs foster innovation by listening to customers. Gartner also ranked meeting customer demands and expectations as the top external driver of business model innovation.
To respond to customer demands and ensure their own future, business leaders must quicken their technology strategy. The main priority should be constructing a solid foundation for agility and resilience.
The best way is to build state-of-the-art IT architecture.
An adaptable IT architecture is critical for successful businesses; it allows the company to manage volatility and uncertainty.
UniAspect Digital works with organizations to create cloud-based business models that support innovation and provide continuous business value with agility.
Preparing Your Workforce
Having a cloud-based system is not enough if you don’t have employees who can understand, use and benefit from this change.
According to research conducted by Accenture, only 28% of organizations report preparing their workforce for collaborative, interactive, and explainable AI-based systems.
As a future business leader, you must understand that change is inevitable and the speed of change is critical.
Where Do You Stand On The DBX Journey?
Take a step back and assess your company’s place on the digital business transformation journey.
Are you in the early stages of exploring new technologies and ways of doing business? Or have you already started implementing changes and seeing results.
No matter where your company is on the journey, UniAspect Digital can help you move forward.
We help you define the business goals that need to be met to achieve DBX. This includes understanding customer demands and developing a clear strategy for meeting them.
We assist you in creating an agile IT architecture that can support constant change. This includes adopting cloud-based solutions and using DevOps practices to shorten the time to get new features and products to the customers.
We ensure that you have the right team to support your DBX initiatives. This includes recruiting talent with the right skill sets, such as experience in cloud computing, big data, and machine learning.
With constant disruptions, innovations, and technological advances, organizations are already experiencing significant shifts in mindset, work design, and culture.
It increases the pressure on executives, CIOs, and CEOs to react and incorporate new technology-driven capabilities and skills to catch up with employee expectations for increased digitization.
Automated production and data exchange, if done right, offers a range of advantages, including cost savings, increased yield, and support for new manufacturing methods.
As your 360-degree Digital Business Transformation partners, we augment key business processes with automation, AI, and ML to improve employee engagement and service delivery to customers.
We help you re-evaluate the ecosystem partnerships to accelerate your DBX journey. From optimizing procurement, enhancing forecasting, and demand planning to streamlining distribution and delivery, we have got you covered.
Mitigate Cybersecurity Risks
Cybersecurity becomes increasingly important as companies connect enormous numbers of devices and develop ever-more-complex data structures.
In the past, cyber risk was mostly contained within IT departments, but as companies connect their production systems to the internet, operational technologies are also coming under threat.
Seventy-five percent of the experts say that IoT security was important or very important, yet only 16 percent felt their organization was well-prepared.
[McKinsey survey]
At UniAspect Digital, we make cybersecurity a prerogative. We prioritize assets and risks, improve controls and processes, and establish effective governance.
