Digital transformation is about businesses choosing compatible business models to leverage the benefits of digital technologies and stay on the competitive edge. Failure to follow through the digital transformation process is the biggest obstacle to achieving high profitability and growth for any business.
Businesses should begin with analyzing their primary business processes, organizational structures and strategies to identify the ideal set of applications, platforms and solutions that would best fit into digital maturity culture. Otherwise, they would very likely end- up wasting their resources in unfruitful investments. Businesses should be focusing on building a digital future instead of managing current activities.