In this post we will address. In addition to having many inherent benefits worth mentioning, the use of transformational technologies can be an excellent option for companies that have decided to completely reshape themselves. If your company is among them, read on to learn about the best technologies in the process of becoming mainstream.
What is digital transformation?
As can be interpreted by its name, digital transformation seeks to implement the latest digital technologies by companies and organizations to transform their impact, improve internal processes, reshape their ecosystem, etc.
A large part of the global digital transformation pertains to massive technologies such as big data, AI, the Internet of Things, machine learning, robotics, and so on. All these concepts were once a novelty, and now they are used everywhere. The digital transformation process vividly shows how well a company can adapt to the perpetually changing requirements of modern times.
Technology in digital transformation is destined to drive a company towards competitive and sustainable growth. In addition to companies, many governments, public and private organizations are also benefiting from this transformation, proving that technology can not only help to increase profits, but also to solve operational, environmental or social problems.
Main reasons for digital transformation
Staying with outdated technologies and processes to the end is not something companies should be proud of. Your customers are already using most of the new technological advances out there, so it’s time to catch up.
Did you know that more than 70% of companies have taken advantage of the pandemic to increase their investment in digital transformation?
The main factor that speaks in favor of widespread digital transformation is efficiency and improved customer experience. By incorporating the latest and most proven technologies for digital transformation, companies are demonstrating that they care about customers and their well-being. You can better analyze any data that comes after every business-customer interaction, track any metric, and boost your information flow. Based on all this, you can offer your customers a customer-centric experience. This will increase customer loyalty and retention.
Efficiency is added to the mix after a thorough update of all business processes. You can better prepare each department for any anticipated or unexpected changes. Embracing technology can help you understand your own potential and undiscovered advantages, as well as adapt to energetic changes in customer behavior.
Other reasons are
More effective communication between departments
- Strong competitive advantage over less developed companies
- Updating skills and knowledge for your employees and stakeholders
- Fostering a culture of innovation and acceptance
The 8 digital technologies that will soon be a trend
Being aware of the advantages and benefits that it will bring, in addition to basing ourselves on the latest perspectives and forecasts on digital technology, we identify some key points for SMEs and companies.
Cobots
Collaborative robots are becoming commonplace in the manufacturing sector. These are robots programmed to collaborate and interact directly with humans. More and more companies are finding that cobots can help them improve productivity, support flexible production and optimize assembly by taking on monotonous tasks.
Migrations to the cloud
Less expensive cloud and multi-cloud migrations are starting to enter the market. Companies that need to modernize their legacy enterprise systems are beginning to outsource the reengineering process, including moving their assets to several powerful, low-code platforms. Some are even paying off their technical debt by rewriting system code and getting rid of redundant functions.
Contactless transactions
Next on our list of digital transformation technologies is the still ongoing rise of contactless transactions, especially in the financial sector. Automation and blockchain, your backbones. As we introduce more automation, there will be more time for service and strategic insights.
Drones
The compound annual growth rate of the commercial drone market is expected to increase by 57.5% from 2021 to 2028, and the market is projected to be worth $75.3 billion by 2026. Drones are widely used in construction, cinematography, emergency response, real estate, agriculture, and many other industries that need non-contact control of business processes, especially during pandemic.
Machine learning and artificial intelligence
The application of DevOps to Machine Learning led to the emergence of MLOps. Further integration of ML and AI has been shown to greatly improve operational discipline and performance, reveal business anomalies, generate valuable insights and optimize workloads. Artificial Intelligence will help organizations deploy machine learning much faster than before.
Virtual reality and augmented reality
Another great example of our digital transformation technologies is augmented and virtual reality. Do you want to know more applications?
Complete the digital transformation of your company
Many companies were making this transformation of their businesses towards much more digital environments, but the events of that year accelerated this process even further. For most of the past year, developments such as the rise of remote or hybrid work and virtual communication have been at the center of most companies’ business strategies. However, the reopening of the economy has caused some companies to put their digital transformation on hold for the time being, which is a big mistake.
Digital transformation of companies and SMEs
If you have not yet started the digital transformation of your company or SME and want to accelerate the process, contact Inprofit without obligation.
We will help you with business consulting, implementation of solutions and lines of aid and subsidies.
