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The reason a digital strategy needs to be flexible is because it constantly strikes a balance between two very different forces as it works to integrate your core business principles with the rapidly changing technological universe.
A digital strategy maximises business value from data assets and technology-driven initiatives.
As digital becomes an ever increasing intrinsic part of our lives, consumer demands evolve and technology fuels development and growth of companies.
We support with navigating the digital landscape in order to choose the right strategies to drive your business forward. Using data and key performance metrics we’ll help you carve a path to your goals.
Enhanced data collection, Stronger resource management, Data-driven customer insights, A better customer experience, Encourages digital culture (with improved collaboration), Increased profits, Increased agility, Improved productivity.
It refers to organisational change efforts that aim to:
Among other things.
The technical definition will often differ slightly, depending on who you ask.
However, most of those definitions revolve around core concepts such as those above.
Digital transformation is affecting every industry, from retail to marketing to healthcare.
The impact of digital transformation differs from industry to industry.
The scale of that impact depends on factors such as:
Regardless of the scale of that impact, every company is transforming to some degree.
This answer also depends on a number of factors, such as:
Other factors may also come into play, such as government regulation or legal hurdles. Healthcare and finance, for instance, have more to consider when it comes to transformation.
However, as a general rule, the sooner the better.
Companies should stay ahead of the curve, rather than try to catch up to it.
One of the most important questions is: why digital transformation?
Some of the biggest benefits include:
The sooner a company can adopt digital technology, transform its business, and evolve, the greater the rewards it will reap.