![]() It is for these reasons that we recommend getting engaged in long term with a technology partner with experience and who can ensure success of the endeavour. Optimization of processes before they are digitized is the most crucial step.Īlso, there must be a digital transformation roadmap and a visualization of the final end. We also recommend a shift from the usual practice of using process automation platforms to automate processes, as they are. This would simply create a bunch of digital disconnects, with process silos between new and old systems. ![]() Ipso facto, for a majority of companies a piecemeal approach, which aims at transforming small and specific items, may work better.įirms must refrain from pursuing an unbalanced approach, addressing one aspect in isolation– such as generating new user experiences or isolated process automation. It is thus, a risky process to say the least Various research findings reveal that only a third of DX efforts fail, in 2018 alone around $ 900 billion were invested in DX attempts that failed. Although Digital Transformation (DX) sounds like a complete overhaul of company infrastructure aimed at upgrading everything, from legacy systems to business models, a sudden transition to completely transform your company’s digital landscape and complete digital transformation can prove extremely risky. Most businesses stand optimized for a semi-digital world, however in their effort to go digital they find themselves investing erratically to new technology. In today’ accelerated time frame, strategy and approach hold cardinal import, as the organization’s future in the new normal hinges on the success of its digital ambitions and innovation appetite. Around the world, CXOs of many organizations have expressed that the timeline for going digital has shrunk from 4-5 years to 6-12 months.
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