Category Archives: Technology

Learning The “Secrets” of Services

True Meaning of Digital Transformation People make the mistake of confusing digital transformation to mean altering ones mode of processing things. What it means is simply to transform your physical or material things into something that is computerized or digitized, in digital format so that the process is more efficient. It transforms paper forms into electronic forms, cash becomes computer information or bits, paper documents becomes paperless forms, logs and invoicing of sales transactions become sales force automation and ERP. This is digital transformation in essence although there is something else that this word denotes. If we stop at the digitization part of the definition, it actually missing a lot of things because this actually means a digitally transformed business that involves the entire ecosystem of the business. This includes supply chain, partners, customers, crowd, and employee. Stopping at digitization alone misses the transformation part which designs everything or transforms everything from the physical and material into a virtual form. Doing this is good for many reasons. When we speak of digital transformation then we are speaking more than digital products and services, but about the processes that create, enable, manage, and deliver them in a virtual arrangement.
The Key Elements of Great Businesses
If a business falls on the wrong side of this transformation a good reason for this is the lack of data processing in real time. This has always been the shortfall of our traditional bearing. And especially today where we live in a fast pace age, analyzing data and historical data mining has never been more critical when it comes to identifying opportunities and determining risk.
What You Should Know About Options This Year
If you are able to use real time insights to enable your customers, workers, supplies, and machines to seize opportunities immediately and take collaborative action at the moment of greatest impact, then you have a managing edge over all your business resources. By increasing automation, usability, collaboration, and real-time processes to improve efficiency would also mean not only capturing the individuality demanded by customers but also improving the economics of your business processes. By connecting all your internal business processes, labor, ecosystem partners, and customers, to deliver a new level of transparency is simply creating an added value which goes beyond the boundaries of the enterprise. And when you are on top of these boundaries, you can leverage the power of these new networks and reevaluate how to widen the value that you deliver to each including your customers. Also, by developing new solutions, processes, services, and business models that is buoyant to your suppliers and customers, you can expect that it will deliver innovated outcomes strengthened by better tools and updated equipment to comply with those recognized needs. The recurrence of these pattern constitutes the dynamism of these type of transformation. The cycle never ends and it is constantly developing so if you end up on the wrong side of this transformation or if you are behind it, then your business is in danger of extinction.