How can you prepare your company for a digital transformation
Digital transformation is essential for businesses. This means ditching old legacy systems and using digital-ready technologies that will allow them to survive. Companies have unprecedented access to new technology, which allows them to gain information previously unavailable.
Businesses can use tools to identify customers’ preferences and determine what they want. These tools can be as specific as the colour of a shirt, or when a customer is most likely to buy.
Companies may have made it through the day with temporary, cheap fixes to technical limitations. But many are now at a point where these solutions no longer work.
Businesses in all industries have to choose between a rock or a hard place.
What is the bottom line?
Relying on past investments is not the best choice. Your business will be less competitive in today’s market if it is still using legacy platforms, especially when it comes mobile business solutions.
Is your business digitally ready?
The first and most important step in digital transformation is to determine how prepared your business is for it.
In terms of web-readiness, most enterprise technologies fall into one of three categories: web-enabled, pure legacy, or digital ready.
Although it may seem obvious, this step is often overlooked. Determine where you are now, where you want to go, and what your cultural and expert knowledge will enable you to get there.
The needs of today’s users were not addressed by legacy systems.
Pure legacy systems, which were created before the advent of the internet, often have awkward interfaces that are not suitable for today’s digital environment.
The creation of web-enabled platforms was in the late 1990s. This means that they offer a user-friendly interface as well as data interaction.
They are not ideal for data-intensive digital transformation initiatives.
Digital-ready technologies enable business owners to be more agile, have quick access and use simple interfaces.
Cloud computing is the best choice for companies that want to be digitally ready. It accelerates time to market, lowers operational costs and improves accessibility.
Businesses can communicate more efficiently and provide a seamless user experience across all channels and devices when mobile apps and websites built in the cloud.
Digital transformation is simply a matter of systems that are digitally ready.
Cloud-based existence: private, public or hybrid?
Cloud computing can lead to losing complete control over your data.
You and your cloud provider share responsibility for security, governance, compliance.
This is why it is crucial to determine the best type of cloud for your organisation’s needs as a first step in your digital strategy.
Cloud computing in the public cloud is the most efficient and cost-effective.
Businesses lose some control over service outages or other issues because data and network traffic is shared with other peer users.
These risks can often be easily managed and are not that different from private cloud systems.
Food for thought: Who is better at managing security and keeping servers online? Amazon or your company?
Private cloud systems offer businesses more security and control over their data while still providing the convenience of cloud computing.
Private clouds are often more costly than public computing and have a lower resource limit. Businesses must also fund the maintenance and installation of new hardware.
Hybrid cloud options have become increasingly popular because they allow the most critical data to be handled privately while the less important workloads can be run in the public clouds more affordably.
Each business is different and should be considered when choosing the right cloud strategy. The best cloud option for you is the one that best suits your needs.
Companies have many options when it comes to cloud computing.
Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).
Each approach has its strengths and weaknesses, so it is not always a good idea to focus on just one.
Many companies find success with their own mix of cloud computing services, which balance cost effectiveness and functionality.
The most important thing is choosing the cloud service that makes your company the most digital-transformation ready.
Next: Data migration
The real challenge comes after you have determined the right architecture and software system for your digital transformation.
The most important step in the process of migration from legacy systems to digital solutions can take several years.
Clear Up All Unnecessary Information
Legacy systems can accumulate years worth of redundant data, which can slow down the process of migration and cause confusion in new systems.
Data migration is a great opportunity to purge and get rid of data that your company doesn’t need.
Make the necessary adjustments
Modern systems have simpler and more robust data structures than older systems. This feature is great, but it may require some adjustments in how data is mapped.
It is worth the time and effort to manage this effectively, otherwise you could face even more problems down the road.
This situation highlights the importance of partnering with a company that is invested in digital transformations, as these professionals have extensive experience managing complex migrations.
The technology is more efficient and better, so the old practices that worked well over the years might no longer work.
It is best to use the proven business processes that your software solution provides and then adapt them to suit your business needs.
This is a better approach than trying to force old processes into a system which has outgrown them.
Keep Things Moving
It takes time to adapt to a new system. You need to plan how you will continue to run your business during major overhauls.
It’s worth considering whether it is worthwhile to make drastic changes to existing systems that are less adaptable.
Consider instead if a faster, lighter option might be available for rolling out new systems.
Invest in the right place at a right time
Without the support of your team, investments won’t pay off. Make sure everyone is ready for change and comfortable in the digitally driven future.
To minimize the learning curve when new solutions are introduced, ensure that your employees are properly trained.
It is difficult to invest in new infrastructure. Many companies instead rely on existing systems and not spending time or money upgrading technology.
A business can only be as flexible as the technology it uses to run, and IoT, mobile and artificial intelligence are just a few examples of this.
Mobile users have high expectations for their digital experiences because of their increased mobile fluency and the popularity of consumer-facing apps.
Old legacy systems are difficult to meet these standards and can lead to customer distrust, loss of loyalty, and even business interruptions.
Businesses will have to get rid of restrictive legacy systems in order to survive. Why not begin now?