Human behavior is changing. Technology is on track to dominate our lives, and we are becoming digital-first. There is no doubt that a digital transformation is already ongoing and omnipresent.
We see industry after industry and enterprise after enterprise equipping themselves with new technologies like cloud, mobile, data, and networks to digitally transform and get prepared for the digital universe. Those leaning back and relying on their current success will soon bite the dust. 52% of the Fortune 500 since 2000 did so already. Nothing and nobody is safe from disruption, but at the same time, nothing and nobody can find an excuse to not be a disruptor — given the great opportunities created by a digital transformation.
With our series on Digital Transformation, we hope to have given you some insights into what is happening — and also some helpful ideas on how to tackle the challenges ahead. This infographic sums it up nicely:
Below, you will find a wrap-up of our series of blogs on the topic of digital transformation:
Digital Transformation, Part 1: Rapid State of Change
When businesses today want to outpace the disruption happening in the market, they need to equip themselves with technology that will help them adapt to change quickly – and the cloud is the spearhead of that. It’s not only cloud computing technology that is the driving force for business innovation; it is the advent of multiple disruptive technologies, like mobile, in-memory computing, and predictive analytics, coming together thanks to the cloud.
Digital Transformation, Part 2: What makes it disruptive?
The smartphone has brought a deluge of disruption to our lives, changing and challenging one industry after another at a staggering pace. It has not only changed the way we interact with games and media, it has even transformed experiences like customer engagement. More than ever, consumer expectations matter.
Digital Transformation, Part 3: The Building Blocks
We see four key building blocks of digital transformation that, taken together, can drive enterprises’ shift to the new way of business: cloud, mobile, data, and networks.
The cloud is far more than a deployment model. Ultimately, it means freedom, efficiency, and integration. With the cloud, businesses can focus on their core missions with better collaboration and always up-to-date solutions. It’s scalable, flexible, and accessible. Mobile enhances and is inextricably related to the digital transformation. It takes freedom and connectedness further by allowing for greater access. Using the right data in the right context means smarter decisions, new opportunities, and ultimately, a big competitive advantage. Big data is really BIG, with over 2.5 quintillion bytes of data being produced daily — but only a fraction of this is actually used. With over 1.3 billion people now on social networks, it’s no surprise that networks play a large role in digital transformation. Common examples include businesses using Twitter, Facebook, and the like as a means of customer service and engagement.
Digital Transformation, Part 4: The Role of Leadership