How is Digital Transformation Reshaping Businesses?

How is DT reshaping businesses
28 Mar 2022

Regardless of how intimidating digital transformation might seem for some, the fact of the matter is that digitalization is the way to go, if one wishes to run a successful business and ensure that their company stays relevant. But rather than seeing it as an intensely challenging process, businesses should be looking at digital transformation as an ally, and thus use digital technologies and tools, so as to strengthen their weak spots and take advantage of the numerous growth opportunities that digitalization offers.    

However, in order to fully grasp the ways in which digital transformation reshapes businesses, companies must bear in mind that there is more to the strategy than meets the eye; and that organizational changes, which most businesses tend to focus on, are not the only modifications digitalization can give rise to. In this sense, the latter is able to help companies see beyond traditional business models and revolutionize the manner in which they plan to create and deliver value. Such fundamental changes assist companies in truly reinventing themselves, and consequently, gaining access to important benefits such as increased profit and customer satisfaction.

How is DT reshaping businesses

Furthermore, digital transformation can target the domain in which businesses carry out their activity. What do we mean by this? Well, by integrating new digital technologies and cutting-edge tools, companies are able to enhance their offering, and provide new and improved products and services, that connect with a wider audience. This means that businesses no longer have to limit themselves to the industry that they have been operating in, and can benefit from the wonderful growth opportunity that digitalization provides, by enabling companies to address the needs of more and more consumers.

But these aren’t the only ways in which digital transformation is reshaping businesses; another important aspect of digitalization also involves cultural changes. In this regard, creating an organizational culture that focuses on agility, adaptability, and promotes openness and continuous learning, is key to a successful digitalization process. Because not only does change have to take place within business operations and processes, but also on all levels, which include both CEOs and employees’ mindsets and ways of working. What’s more, aligning organizations with their core values should be part of the changes that digitalization brings along too.

And since we have touched upon the subject of employees, we must also point out the great impact that digital transformation has on their productivity. When it comes to the latter, digitalization has been shown to have a positive effect, as employees are able to concentrate more on core activities, having been relieved of repetitive and tedious tasks, that automation can take care of. Employees thus enjoy the benefits that a digital workplace provides, and this translates into increased productivity and motivation. But it doesn’t stop here; the relationship between companies and their internal employees is also positively influenced by digitalization, as state-of-the-art tools can be used to enhance communication and boost employee satisfaction, allowing businesses to benefit from lower employee turnovers.

Last, but not least, we have to talk about digitalization and customer engagement; connecting and creating long-lasting relationships with clients is every company’s dream, and digital transformation is here to make it a reality. In this sense, technologies such as artificial intelligence, machine learning, and those that focus on data collection and analysis, that DT comes bundled with, enable businesses to gain valuable consumer insights, and consequently, understand clients’ needs and expectations. Next, it’s up to companies to create superior customer experiences, that revolve around aspects such as personalised suggestions and offers and excellent round-the-clock support, involving virtual assistants.   

Conclusion

Digital transformation is a complex process, that needs to take place on all business levels, for companies to able to reap the wide variety of benefits that it provides. Such a significant transformation reshapes the way in which businesses carry out their activity, assists organizations in blurring industry limits, and helps them connect with clients in ways that they have never connected before. Cutting edge technologies like artificial intelligence, the cloud, or automation, and advanced tools, that digital transformation strategies bring along, enable companies to keep both employees and customers happy, and their satisfaction is reflected in the increase in profit, productivity, and efficiency, that businesses cannot get enough of.  

Digital transformation with Arnia Software

As a digital transformation company, we are offering a full range of digital transformation consulting services and the opportunity for you and your company to use new technologies, with a faster, better and more innovative impact. Both people and technology are important pieces in the process of digital transformation. You can gain competitive advantages, increase productivity, attract new customers, or retain the current ones, innovate and develop new opportunities for your businesses.