Your Strategy: Digital Transformation
While living in the incredibly fast digital world of our age, we often hear the word digitalization. Businesses, economy and society are experiencing a digital transformation. Now it has become a necessity and everyone from 7 to 70 is evolving in this direction.
So what exactly is the word digitalization or digitization? Does it create value for companies? What opportunities does it offer? What are the challenges companies may face in the digital process?
With this article, we hope to give you answers to these and many other questions. So let's go deeper into the concept of digitalization😊
Creating value by using information technologies and adopting this as a business model is digitalization. With digitalization, our aim is to keep up with the times, as well as to achieve high-quality outputs faster and at lower costs for business and business processes in companies.
Customers' expectations from businesses are fast service. They usually want to get their products instantly. This situation pushes businesses to change for the needs of customers. In order to meet today's needs, businesses provide their digital transformation.
One of the common and greatest benefits of digital transformation is that it creates a paperless environment. First of all, it starts with internet-based programs and applications and continues with major transformations such as IoT and Blockchain. These applications are now a driving force for both internal and external tasks of enterprises.
Businesses that reject digital transformation may face imminent extinction. We observed the biggest example of this during the pandemic process we witnessed recently. So what is the answer to the question of why they disappear? Because they lose interest in their product or service. They cannot reach or satisfy their customer base. One of the most important examples of this is Nokia. Since this brand, which was once in the hands of everyone, cannot adopt the technology for smartphones, we do not even hear its name anymore.
So what do you need for a successful digitization?
Digitizing is important yes, but digitizing correctly is more important. Because there is a lot of misinformation floating around on this subject, and these can cause chaos for businesses.
There are some components that are necessary for a successful digital transformation. We can briefly list them as follows.
1. A Perfect Digitalization Strategy
2. A digital organization
3. Digital business models
4. Agile Methodologies
5. A flexible IT infrastructure