Digital transformation is especially important in the current landscape. Businesses have had to undergo sizeable changes in recent years, largely stemming from the coronavirus pandemic and move to remote work.
Many had to rapidly implement new solutions and fixes to continue operating during this time, but without full consideration of long-term performance. As a result, many businesses have insufficient systems.
Technology has also rapidly grown in the last few years. Concepts like AI, augmented reality, big data, IoT, automation and so on have changed the ways businesses can operate. However, many organisations will not yet have embraced these inventions, leaving them missing out on rewards and falling behind competitors.
On top of this, customers now have increased expectations, so it is crucial to leverage technology to offer better experiences and faster delivery.
These factors have all collided, leaving many companies in desperate need of transformation now. Without it, they face inefficiencies, declining quality, falling productivity, unskilled workforces, stagnation and loss of revenue. Businesses who are not digitally optimised also have a lower chance of survival against the shifting market.