Digitizing a company means simplifying and optimizing existing work processes through digital solutions and thus making work more efficient (this does not mean simply digitizing the process, but completely rethinking it!). This starts with digital bookkeeping and goes up to all control systems in production, which check for wear parts, gaps etc. in the material stock and other problems and if necessary solve them by automated processes. On the other hand, the digitalization of companies means supplementing or even replacing existing business models with new digital elements and keeping and expanding the organization fast, agile and innovative.
Overall, the goal is to increase sales or reduce costs and thus increase profits. In addition, companies improve their performance and remain more competitive with other providers. Those who refuse to digitize have to accept that competitors are pushing them out of the market with better digital solutions. In smaller companies, it is above all time-consuming and personnel-intensive processes that can be better managed with digital helpers.
10 PREREQUISITES FOR GLOBAL SUCCESS IN EXPONENTIAL COMMERCE:
- Cloud Infrastructure and modern modular Platform-architecture for holistic digital commerce
- Accurate Data Model environment and Single Source of Truth composition
- Continuous digital customer-centric Workflows through all layers of systems
- Generally transformation to a punchy GDCC** setup on a global scale
- Radical Digital Strategy*** and New Business Innovation via DCoE****
- Explicit and overarching global Business Strategy
- Fast forward Logistic Processes and Fulfillment Infrastructure purposefully in each market
- Ingenious and precise GTM model worldwide customized
- Speed-up Change on all layers ruthlessly
- Put company goals above departmental goals mercilessly
According to IDC, companies have to push ahead with the comprehensive visualization of servers, networks and storage on the one hand, and the use of software defined infrastructure, containers, convergent and hyper-convergent solutions and composite IT on the other. These are a lot of tasks that are included in the specifications for, but i can´t say it better!