Digital Transformation: Strategies and Best Practices for Enterprises

The majority of businesses have discussed "digital transformation" for many years, but few have taken action. However, when the COVID-19 pandemic swept the globe, companies had no alternative but to alter their business models instantaneously. Digital transformation is more than just the incorporation of technologies to automate business processes. It involves a complete revision and reconsideration of how technology is used to generate value and adapt to shifting market conditions and consumer needs.

The Covid-19 pandemic provided the ignition, and now digital transformation is the top priority for the majority of businesses, regardless of size. As a consequence, the global market for digital transformation is anticipated to increase at a CAGR of 16.5% till 2025.

Digital Transformation offers numerous benefits, including increased operational efficiency, the ability to meet changing consumer expectations, reduced costs, increased revenue, and increased productivity, among others. However, IT teams spend a great deal of time maintaining existing systems and introducing new technologies into the system, which becomes difficult for existing IT team members due to a lack of training and skills that cannot be rapidly overcome. This is where managed service providers come into play, with their expertise in various domains and vast personnel resources that can complete the task in double-quick time without any assistance from their clients.

Let's examine how partnering with Moris Media, one of the best Digital marketing agencies offering customised services, can transform your hyperscale digital transformation journey.

Difficulties Encountered on the Path to Digital Transformation:

1. A decentralised decision-making process:

Organizational silos can hinder digital transformation progress significantly. They present obstacles at every stage of your digital transformation voyage, from strategy development to final deployment. Silos result in disjointed decision-making because each department concentrates on resolving its own issues rather than taking a holistic approach to achieving the organization's overall objectives. A lack of vision that unifies each team and achieves the common business objective of growth and revenue generation exacerbates the problems. The traditional mindset of adhering to the same approach that was effective ten years ago and reluctance to adopt a new method of managing business operations can make digital transformation a distant fantasy.

2. Not willing to partake from Legacy systems:

Even in the business world, complacency and staying within one's comfort zone are fairly common if one examines the situation more closely. This defect is evident when businesses continue to operate using legacy systems despite the availability of cutting-edge platforms equipped with the most advanced technology. This is due to the fact that companies typically make substantial investments in constructing these systems and wish to derive maximal benefits with minimal deliberation. However, with outmoded software and technologies still powering the operations, these legacy systems pose a significant barrier to your digital transformation efforts. In addition, they are frequently sluggish and rigid, making them incompatible with newer technologies and vulnerable to security lapses.

3. Digital tech talent disparity:

As businesses implement digital transformation across the organization, nearly every job may require some level of digital skills. Therefore, even non-technical job descriptions must incorporate fundamental technological knowledge. This creates a significant deficiency in digital skills necessary for a successful transformation. In addition, the shortage of specialists in essential domains exacerbates the digital skills divide. For digital transformation to be achieved, expertise in the cloud, analytics, cybersecurity, digital experience, etc. is essential. Regrettably, it is difficult and expensive to locate the appropriate individuals with the required expertise.

4. Lack of available technical resources:

In addition to skill constraints, businesses also confront a lack of technical resources, which slows the adoption of digitization. A worldwide scarcity of microchips is a significant obstacle for the majority of electronic industries. Then, additional supply chain issues hinder the production of IT hardware and equipment. The deficit will significantly impede the digitization process.

5. Enhanced security threats:

Consumer demands vacillate frequently, compelling many businesses to hurry the deployment of their digital solutions without exhaustive field testing. This makes them susceptible to cyberattacks that no organization can afford to neglect.

Four ways in which Moris Media can accelerate your digital transformation:

1. Enhance user experience to new levels:

We are able to swiftly identify problems and resolve them before they cause damage to any business operations that could hinder the client experience. Consider a consumer utilizing a new video conversation platform whose live stream frequently breaks up due to a poor internet connection. In such situations, we can rapidly employ performance management tools to identify and eliminate the root cause. Despite the fact that this appears to be a straightforward remedy, it will take longer for the in-house team to resolve this issue due to their task management burden; therefore, we are able to complete this in half the time.

have the advantage of being proactive and evaluating which technologies best suit the client at any given time. This will ensure that the digital transformation occurs efficiently and that their technology platform is always available to make it happen without any problems. This includes both internal and external testing. As a result, clients will persist with their digital transformation initiatives with full confidence, knowing that we can effectively manage any potential roadblocks and deliver the desired outcomes.

2. Provide Cost-effective infrastructure:

The fundamental infrastructure required to drive digital transformation is frequently expensive and complex. It necessitates services and products from multiple purveyors at all stages of the technology's development. This includes the development of middleware, the introduction of mobile applications and online messaging networks, etc. To actualise digital transformation at maximum magnitude, it is necessary to stack everything together.

have the knowledge and experience to manage complex technology platforms on behalf of the customer. Consequently, we are able to assist the business in making the necessary transition from legacy systems to fully digitally transformed systems.

3. Add value with an effective collaboration:

In today's extremely competitive market, managed services that only provide IT infrastructure are insufficient. It is true that businesses have relied on MSPs for outsourcing of their technology platforms for decades. However, they now require their MSPs to provide assistance with solutions that enable digital transformation services. We offer video collaboration tools to businesses that can not only assist with the application's operation, but also improve consumer engagement and overall performance. Collaborate with us to expedite digital transformation stages by multiple orders of magnitude.

4. Increase Digital Transformation Impressions:

We are cognizant of the fact that digital transformation is a lengthy process that does not occur instantaneously. With our help, businesses can promptly and seamlessly implement digital transformation capabilities across new divisions. We are always ready to expand exponentially, enabling businesses to digitally transform and generating a win-win situation.

Conclusion

Digital Transformation has become the top priority for the majority of businesses because it offers numerous benefits that can expand the brand's global reach and generate new revenue sources. However, attaining it internally with the current personnel and technology will be difficult due to the numerous obstacles that arise during the transition. Therefore, partnering with Moris Media can prove to be most effective and quickest method to accomplish digital transformation in a relatively brief period of time.