The “Digital Revolution” is well underway. Organizations need to take advantage of digital initiatives and embrace the “Revolution” The “Digital Revolution” is well underway. Organizations that do not take advantage of digital initiatives and embrace the “Revolution” will lose market share, customers, revenue and other competitive differentiators in the market. We will explore the impact of the top five digitization initiatives underway in today’s markets and how to use them to your benefit. As a result, you can take advantage of revenue enhancement, cost reduction and overall return on investment (ROI) improvement.
Top 5 Digitization Initiatives:
- Enabling personal mobile device(s) use for business
- Making full use of real time, geo-based capabilities
- Migrating to a one-to-one, personalized dialogue marketing communications strategy
- Using virtualization for prototyping, software products, analysis, design and infrastructure
- Utilizing “cloud-based” solutions
Bottom line – With the exponential increase in functionality of personal digital devices, “always on” technology, accelerating consumer adoption of new technologies and increasing customer expectations, it will be critical to embrace new digital technologies and plan for their use to gain a competitive edge in the market.
So, the trick is to identify the key digitization initiatives that are impacting your industry, customers and employees and make them work to your advantage.
It might sound like old news, but the real key is understanding what the business impact of new technology (remember when spreadsheets were “new technology?”) is, and will be, on your business. What is it that your customers, competitors, colleagues, bosses, and vendors are telling you about digitization?
We dissect the data and apply the knowledge, in The MAS Analysis Platform for Enterprise Excellence™, a model driven approach that marches digitization initiatives quickly to success.