Digital transformation refers to the adoption of new technology — hardware, software, or otherwise — in order to drive innovation and foster positive change across a business. More and more organizations are turning towards digital innovation to keep their businesses relevant and able to compete in our increasingly-virtualized corporate climate.
1. Better and Safer Data Handling
As we all witness majority of processes are digitalized, especially after the recent past COVID-19 pandemic, the risks associated with online business have increased dramatically. From transferring money to handling sensitive client information, business procedures are often under attack from cybercrime and ransomware. According to a recent study by Accenture, 68% of business leaders feel that cybersecurity risks are on the increase. Fortunately, defending against cyber-attacks has never been easier than with digital transformation services. Letting experts like InfoTech assess your systems with penetration testing and other IT security monitoring processes identifies your weaknesses so that they can be eliminated. As a result, you can anticipate where cybercriminals may strike and better defend against them, building greater business resilience.
2. Quicker service delivery
We normally overlook the facts about our system under stress or we do not take it seriously. But it will come as no surprise that revitalizing the technology that runs your business will revitalize your business itself, but many people overlook this fact.
Timely updating your software to new and improved versions while replacing and repairing hardware is a surefire way to speed up your systems. Letting a fresh pair of (expert) eyes inspect your systems and refine your processes allows for changes to be made that can significantly improve the efficiency of your organization.
Automating processes that would have otherwise required time-intensive labor is a good place to start. But digital transformation can also improve other areas of the business, such as reducing downtime and implementing a business continuity strategy.
3. Advanced connectivity
Adopting and injecting new life into your organization with digital transformation may take the form of a communications overhaul. From refining your current telecommunications to installing new ones (such as VoIP), an outsourced IT service provider like InfoTech can make sure your communications are always running smoothly.
Key and most effective digital changes a business can enact, however, is the move to the cloud infrastructure. Cloud computing allows for a whole new business dynamic to develop. When data is stored in the cloud, employees can access it from anywhere and, with the right permissions, share it with colleagues and clients, improving internal and customer relations as a result. With digital transformation, your employees can contact you, your clients, and each other with ease which is, as we know, becoming increasingly invaluable as working from home rates rise.
4. Costs reduction
Cost reduction is a KPI for many business owners and stakeholders and they find that after a formal digital transformation has taken place, it quickly pays for ROI (return on investment) in no time at all. After an upfront cost, digital transformation saves money across all areas of the business; from data protection to data processing, it proves a worthy investment.
A lot of money can be saved with digital transformation as well as boosting productivity to many folds, increasing efficiencies and helping you to redirect your attention and resources to more pressing business matters.
5. Grow competitiveness
Collaborating all of the above factors together and what do you get?
A clear edge over the competition, that’s right. If your services are not only more agile and faster but more effective, sooner or later customers will realize and be drawn to your business instead of your competitors.
A digital overhaul to refresh your services and streamline your processes, your business can outperform your previous competitors, attracting new customers that may have gone elsewhere in the past.
Indirectly will boost the business and its outcome to many folds.
If your business could benefit from a digital transformation this year, get in touch with the experts at IDST to find out more.
A complete stop shops for IT solutions to clouds to database to e-commerce, our team can elevate your business to new heights.
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