Companies are eager to fully embrace digital transformation, and leading the way in most enterprises is the CIO. They focus is on ensuring that a digital transformation is well executed and takes into consideration all the integral parts of your infrastructure that must be prepared to meet this initiative. Developing a journey to digital transformation requires many steps to take to ensure the pursuit is successful.
This article explores what digital transformation really means, specific steps on how to get there, and what it means to take a smart approach.
What Does Digital Transformation Mean to Your Business and why Does It Matter?
As modern business continues to change and evolved, there is immense pressure to modernize programs and activities through technology, ushering in the age of digital transformation. In general terms, digital transformation refers to integrating technology into all areas of the business in an attempt to change how it operates and delivers value to its customers. While it embodies structural and infrastructure changes, it's also about cultural change, urging organizations to experiment and embrace possible failures to learn.
In specific terms and from your perspective as CIO, digital transformation encompasses processes related to how your business uses technology to meet its goals and serve its customers. That means something different depending on your industry, size, and objectives. It can include automating processes for greater efficiencies, leveraging technology to understand big data analytics better, or using IoT (Internet of Things) systems to accelerate predictive modeling.