We, here at Expeed, are focused on helping our clients understand the importance of Digital Transformation and how it is relevant to their businesses. Depending on the size and industry of your business, you could be at different levels of understanding or maturity on the Digital Transformation curve. Some of the Fortune 500 organizations understand the importance of this initiative and have been actively putting organizational structures in place to pursue their true potential with Digital Transformation, while a lot of organizations are either not paying attention to it or confused about all the noise in the industry. No matter where you are in the journey, we are committed to working with our clients as a trusted partner to make the journey as smooth as possible.
Digital Transformation is a multi-pronged approach; it needs understanding of where you are in your business, identify the opportunities with digital transformation, set goals, create a roadmap, and create teams that can deliver digital products in an agile manner. Your products need to improve the experience of customers as well as your employees. The key theme of your new products should be focused on providing an integrated experience–asking users to switch between multiple applications to achieve something is a thing of past. When it comes to your data analytics, it is imperative that it is not a siloed application available to only a few people. Analytics need to be part of the regular work flow of your employees and customers.
Again, we here at Expeed are committed to helping our clients in this journey. To deepen our understanding of the role of Data Analytics in Digital Transformations, and how different organizations and industries are approaching this initiative, I am attending Gartner’s Data Analytics Summit next week (March 5 to 8th) in Grapevine, Texas. Throughout the conference, I will be looking for answers such as:
- where do certain industries fall and is it correlated to size of business on the Digital Transformation continuum
- what are the opportunities available– especially for midsize businesses that exist
- what are the risks for businesses if they do not embrace these trends that could enable even startups to challenge existing business modelsI will try to summarize my findings when I return from the event.