Digital transformation has long since ceased to be optional and has become essential for the success of any company that aims to stand out among its competitors.
According to information from Statista , a portal specializing in market data, investment in digital transformation worldwide is expected to reach 1.8 trillion dollars by the end of 2022. When looking at the projection for 2025, this investment is expected to reach 2.8 trillion dollars.
As you can see, attention around the world regarding digital transformation is only increasing. But do you know why this is happening? Let’s investigate this in depth from now on.
What, after all, does digital transformation mean?
We can define digital transformation as the integration of digital technologies into your company’s day-to-day operations, with the aim of simplifying, streamlining and modernizing the most diverse types of processes.
Digital there are many examples of technology in the hotel industry encompasses. Directly or indirectly, areas that are crucial for business development in today’s reality. Some of these areas are: communication, cloud computing, big data, consumer experience, marketing and sales.
What does your company gain from digital transformation?
Now that you understand what digital transformation is and what its main basics what is an email database and how to create one are, discover how your company can directly benefit from being digitally transformed.
– Risk reduction: by adopting cutting-edge technology in key sectors of your company, you automatically reduce the risk of failures caused by outdated equipment, in addition to ensuring greater agility with the use of more modern solutions.
– Saving resources: another advantage of having more modern and automated systems is the reduction of operational costs and increased productivity, resulting in a generalized saving of resources.
– Data-based insights: automated data collection allows companies to have more accurate. Information at their fingertips, preventing important decisions from being solely on guesswork or feelings .
3 examples of digital transformation for successful businesses
Keeping in mind everything we have mobile lead so far in this article, from the definition of digital transformation to the main advantages of the resource for your company, check out now three examples of digital transformation that you can follow and implement in your organization.
– Implementation of Artificial Intelligence: Did you know that investment in AI doubled worldwide from 2020 to 2021? And, with the benefits of this technology becoming increasingly evident, the trend is for these high investments to continue. Check out our complete article on Artificial Intelligence and its applications for business to deepen your knowledge.
– Data reading as a priority: as important as collecting quality data is being able to count on a team capable of reading and interpreting this information. For this to be possible, it is necessary, first of all, to invest in training a team that is capable of extracting insights that will make a difference in the growth of your company.
– The benefits of automation: we cannot talk about digital transformation without mentioning automation, a resource that takes care of repetitive routine activities and gives your employees more time to think outside the box and find innovative solutions to your organization’s challenges.
Conclusion
The truth is that digital transformation is an ongoing process that is constantly evolving. If in the 1980s and 1990s the term was synonymous with digitalization, today we have factors such as cloud computing, 5G technology and the Internet of Things driving the adoption of digital transformation by companies in the most diverse sectors of the economy.
What do you think about taking the next leap in your company’s digital transformation? Contact our experts and let’s talk.