Digital transformation can unlock the business value and grow revenue by reimagining processes, products and customer experience. How exactly does it work? The new business model pervaded by technology is always more interconnected, digitalized, performing and measurable. ● Interconnected, because of more efficient internal and external communication tool and techniques; ● Digitalized, because manual or any painstaking processes are automated and optimized; ● Performing and measurable, because of the improved data-driven decision-making that allows to innovate products or services.
Indeed, it may act on the level of business culture and help companies to experiment, develop their products and know-how, and therefore to adapt better to changing market requirements.
Digital Transformation Phases
Digital Transformation Phases
The correct approach is a gradual and planned digital migration of the processes.
Primary Assessment and Check up
Activates the analysis of the existing software and hardware infrastructure equipment. All the company sectors are considered in order to evaluate: ● Which are the available infrastructures, their integration level and the real capacity to constitute the technological basis of the company. ● Which are the software available to the employees, and the platforms used cross-departments.
Definition which company sectors and departments can activate the process of digital migration. The areas of change are: ● Operation ● Sales ● Industrial design ● Other specific areas of the company
Is an outline, a draft of all the points and guidelines for the future strategy. In this phase it is important to define: ● Objeсtives ● Prioritization of the objectives ● Timeline for reaching the objectives ● Supportive actions
The strategy, just like the previous two phases, is described in a document for further approval of the company's leadership before being proceeded with.
Consists of: ● Measuring the "distance" between "as is" situation and the digitalization objectives ● Definition of the contingency and business continuity management.
This is the essential step for the definition of the activities, necessary time and budget. Besides the aspects connected to compliance and privacy, gap analysis includes also those of process modifications and Cybersecurity.
Defines the budget for the Digital Transformation project. It includes: ● Costs of digital migration ● Savings connected to the migration (when these are directly measurable) ● Assessment of the areas that would grow the efficiency and the value obtained through digitalization.
Activating the operational phase of the project implementation. According to the priorities, the plan is defined and includes: ● Infrastructure ● Acquisition of the new software and/or platforms ● Personnel trainings
In this phase, the minimum levels of migration are defined in order to reach the concrete and measurable objectives already in short terms.
Digital Transformation: benefits
Adopting flexible approach
Is able to take the performance of any company, in any industry to the next level due to the flexibility of approach.
Keeping everything on track
The use of data makes allows to keep track of business goals and results, constantly evolve the quality of products/ services, improve internal and external communication.
Rising processes efficiency
Digitalization is applied not only to the IT tools but mainly to the processes and way of working, that are becoming easier and quicker to manage.
Strategia & Sviluppo Consultants carry out Digital Transformation projects in partnership with Sinesy - an Italian IT company and research laboratory recognised by the Ministry of Education and Research M.I.U.R., with over 40 years of experience.