WHY YOU NEED DIGITAL TRANSFORMATION NOW
We know what you’re thinking:
“My business and IT is digitally transformed and has been for a long time. We’ve got the latest technology, everything is automated, and we’ve left the paper trail behind.”
But is your digital transformation as sound as you think? According to the Digital Transformation Index 2020 from Dell Technologies, 33% of enterprise leaders are concerned that their organizations will not survive into the future. On top of this, 60% thought they would survive but would need to make many employees redundant and take years to return to profitability in the wake of the coronavirus pandemic.
TRANSFORMING IN A HYPER DIGITAL WORLD
The Dell report claims that organizations are transforming their MO in terms of the speed at which they consume and deploy software infrastructure and applications. Here are some eye-opening statistics:
- 89% of businesses state that COVID-19 has demonstrated the need for more agile and scalable IT to allow for contingencies
- 79% of organizations are reinventing their business model
- 74% of companies are investing in on-demand digital services
That’s the reality of digital transformation and on a massive scale. As Michael Dell, Chairman and CEO of Dell Technologies, says:
“We’ve been given a glimpse of the future, and the organizations that are accelerating their digital transformation now will be poised for success in the Data Era that is unfolding before our eyes.”
WHY DIGITAL TRANSFORMATION IS VITAL
The digitization of our world started in the late 20th century with the widespread adoption of the internet, the world wide web and related technologies. Fast forward to the 2010s, and you had the smartphone, apps, and the blossoming of the IoT and AI technologies. Digital transformation is now accelerating at such a pace that any business wanting to stay relevant or profitable needs to incorporate it across all its products, processes and strategies. Digital transformation underpins competitiveness in the marketplace and the ability to serve both customers and your workforce with unprecedented excellence.
BLOCKBUSTER – A CASE IN POINT
The story of Blockbuster Video is not a happy one – at least not one with a happy ending. Founded in Texas in 1985, the video rental operation had over 9,000 global stores at its peak in 2004 and annual revenue of $6 billion. In 2011, Blockbuster filed for Chapter 11 bankruptcy. Today, a single store, located in Bend, Oregon, remains open. What went so terribly wrong in a few short years? Just as video killed the radio star, so video streaming killed video rental. Blockbuster, ignoring the necessity of digital transformation, could not compete with the likes of Netflix and Amazon that offered on-demand entertainment to eager and impatient consumers. Do you want to be defunct, just like Blockbuster?
THE GOALS OF DIGITAL TRANSFORMATION
The essence of digital transformation is to provide your customers, partners, stakeholders and employees with world-class service. By successful implementing relevant cloud computing applications, machine learning and AI, mobile platforms and automation, your company will see
- new products and services entering the market more rapidly
- increased employee productivity
- improved customer service
- improved insight into customer needs
- increased responsiveness to customer requests
ZHERO AND DIGITAL TRANSFORMATION
By partnering with Zhero, you will ensure that your business stays way ahead of the pack. Accessing our IT Consultancy and Projects Services will enable you to plan a success-focused, collaborative roadmap for your digital transformation. Along with Zhero’s many other services, we also have state-of-the-art cloud computing solutions and can facilitate automation through our bespoke apps offering. In the word’s of Zhero MD and founder, Izak Oosthuizen:
“Anything you buy off the shelf dictates the way you work. if you don’t automate business functions, you will lose competitive advantage in the 21st century.”
Contact Zhero today and be ready for what comes next.