What Role will Digital Transformation Play in the Growth of your Business?by Lunna Walker Accountant
With the exponential development in technology and its integration in every industry, it is clear that there is a need to digitally transform our work processes for the future. Working with futuristic technologies that enhance productivity of your business is essential, and the benefits are countless. Cloud and application hosting bring about more innovation in the workforce and new opportunities to gather data.
IT strategies are crucial for businesses now more than ever. Whatever a company’s future is, technology will play a very important role. Digitalization has hit our lives in full force and the only solution is to embrace the change. The transformation is for the better, as it brings out ample of options for business growth.
A study by Cisco has concluded that there will be around 20.6 million networked devices worldwide by the next year. 50 percent of these will be mobile connected, in a massive 800 percent increment in use of mobile data from now till the year 2020.
The future will no longer focus on management of traditional technologies, but will rely on projects which are modern and revolutionary. The future is cloud computing, but that is a huge area full of potential that we have just tapped into. For businesses, cloud hosting solutions is a major step towards acceptance.
Below are three reasons why digital transformation is a critical step towards business growth.
Meeting the Expectations
As technology weaves its way into our personal lives, we are becoming habitual of quick delivery of demands. While it is easier to implement this in our daily lives, demands in business are a bit complicated to fulfil. Indeed there are a variety of options to choose from, but prompt quality services can be challenging to achieve.
User experience is the most important and crucial part of the whole process. Your business transformation must not affect the user experience, in fact, it should make it better. For that, the IT team needs their tools to operate efficiently and maintain discipline so that performance remains on top priority.
Getting the most out of your employees, while keeping them satisfied is a serious task. Employers constantly look for new methods in which they can increase employee engagement and enhance business productivity.
Digitization of roles like Human Resources and Accounting reduces manual work and automates various processes which ultimately increases data accuracy and efficiency. With options such as QuickBooks cloud, it is possible to access your data remotely, which makes working easier.
Security on Priority
Data security remains a top concern for businesses, which is also one of the reasons why many are still skeptical about cloud technology. The important thing to understand here is that cloud platform is encrypted and has updated firewalls which makes it extremely secure. This is not guaranteed with local storage.
The smart solution is to implement a security strategy that works across all networks wherever the services are being used. If you are using cloud hosting services, the job is done for you by your cloud vendor. You can talk to the team available and work out the best possible solution for you.
Thus, a digital transformation of your work process is extremely important to compete in the future and achieve business growth.
Created on Oct 26th 2018 02:01. Viewed 307 times.