Digital transformation has become a reality for many organizations, industries and sectors to achieve competitive market advantages, adapting and implementing innovative business models based on technological tools and applications, adding differential value to companies' economic activity.
In contrast, studies have shown that digital transformation costs about $1.78 trillion worldwide. But 70% of attempts fail due to flawed strategies and technologies, this also suggests that companies assume that all technologies apply to all kinds of businesses and this is not the case Where technology adoption depends mainly on business needs, customer base and industry trends, let's understand what we're talking about, in this article.
What is digital transformation?
The concept of digital transformation refers to the process of companies to accommodate emerging technologies in their operations.
Not only does this digital transformation absorb these innovations, it is necessary to find meaning, in this way, the application of new technologies can involve cultural and organizational change, so digital resources are obtained to achieve this transformation.
Digital Transformation Advantages
Integrating digitization into all of the company's operations generates undeniable short-term and long-term competitive advantages, these are the most important:
- Fosters a culture of innovation in the company
- Improves the efficiency of organizations' operations
- Contributes to the promotion of cooperative action and internal communication
- Provides rapid response capability in a changing environment
- Provide new jobs thanks to data analysis
- Improve customer experience and brand relationship
Digital Transformation Technologies
The right digitization technology can make your business reach new heights, while the wrong technology can cripple it, to address this, we compiled a list of successful and ideal digital transformation technologies for organizations in this article:
1. Telephone Technology
Mobile technology is key to driving digital transformation, according to the latest survey, 71% of CEOs believe mobile solutions are more important than IoT and cloud computing for transformation, while 29% rank them as the second most important technology, and this shows that almost all business leaders understand the importance of mobile technology in digital transformation.
Mobile devices increase the speed and frequency of interactions between companies and their customers. These interactions allow real-time access to data that is almost impossible to replicate through any other means. They also allow marketers to collect valuable data to grow their existing customer base or develop new markets. Mobile solutions are expected to become increasingly important over the next five years.
2. Digital Twins
A digital twin is a replica of a physical object or system that can be used for different purposes such as monitoring, analysis and predictions.
Suppose you have a fleet of trucks, you can use digital twins to track the location, performance and health of each truck in real time, this will allow you to make changes to truck tracks or maintenance schedules accordingly - before problems arise.
In addition, you can use data from digital twins to improve your truck design for future replication, this technology can be used in manufacturing to monitor products and predict problems before they occur.
Many sectors, including transportation, can benefit from digital twins, health professionals can practice surgery or other procedures in a simulated environment, while hotels can offer first-class personal services to guests
3. Robots
According to the latest statistics, every one in four robotics institutions is used to integrate digitization into their tasks, unlike traditional robots, they are able to interact with humans and improve their performance based on the information they receive.
Smart robots when combined with AI and IoT can achieve strong results in companies, can improve user experience, increase efficiency and improve productivity tenfold, a great example of smart robots in member-based organizations using gamification technology in virtual events to improve attendance experiences.
4. Internet of Things
The Internet of Things (IoT) refers to the network of physical devices, vehicles, household appliances and other elements embedded in electronics, software, sensors and connectivity, enabling them to collect and share data.
IoT has the ability to turn everyday things into digital assistants that can make our lives easier, for companies, IoT can be used to improve efficiency, reduce costs and create new sources of revenue.
The Internet of Things can also identify useful data and which can be safely disposed of, can be used to identify patterns, propose solutions and predict potential problems.
Member-based organizations can use IoT individually or in conjunction with other tools to accelerate digital transformation, which can enhance efficiency, reduce costs and prove their future business by offering innovative solutions to their members.
5. Cloud computing
This specialty consists of performing all kinds of operations on digital data remotely online, it is this cloud-hosted service that allows you to access applications or documents.
Designing and implementing cloud computing is very complex for companies, so they decided to rent that space in the cloud through a cloud computing provider, that way, it's easier for organizations.
6. 3D printing
Additional manufacturing is one of the most representative technologies in Industry 4.0. Thanks to the design software, you can create all kinds of product prototypes with any material and size and actually get them within a few hours or minutes at the lowest production cost, 3D or 4D printing for organs, tissues and prosthetics in the health sector are just some of the applications that this technology allows, and therefore benefit not only the health industry, but society in general as well.
7. Artificial Intelligence
Without a doubt, this is one of the future technologies in digital transformation, which will have the greatest impact in the business world, will make it possible to benefit from continuous machine learning (Machine learning), that is, it will simulate human intelligence based on experience, to redesign business processes and innovation, automation in process chains, facial and voice recognition to control access or automatic payments are just some examples of the uses AI will facilitate.
Conclusion:
In conclusion, digital transformation means thinking, will this new technology be beneficial to my organization? Will this improve my business or end product? These questions must be answered honestly, and if the answers are positive, a business plan must be designed.
Comments
08 Jul 2023 01:05 AM
Saad
جزاك الله خير
08 Jul 2023 01:08 AM
نور
جزاك الله خيرا معلومات مهمة
08 Jul 2023 01:11 AM
koty_cat123
شكرا جدا
Add New Comment