To truly understand digital transformation, let us start with Digitization for context.
Simply put, it is the conversion of something to its digit form, specifically zero and one. These digits(0s-1s) are the core element that allows all the technological innovation possible.
By converting information from its analogue composition into zeros and ones or bits, a computer-readable format, we end up with simpler storage, processing, and transmission of data.
You may blame or thank the engineers that built the first transistors which made digitization a reality based on where you are in the pain-gain spectrum in terms of tech. But this is the underlying value of digitization.
Digitalization on the other hand is when people, organizations, and society at large start to get affected by the shift from analogue to its digital form.
The advancement of electronics and globalization pushed down the cost of technology that was almost reserved for large enterprises in the past. Bolstered by the internet, digitalization has permeated into our homes and our modern lives.
Which brings us to Digital transformation, a proactive approach to digitization.
Individuals, Business, and Governments have their own digital transformation journey in varying degrees. The moment when they decide to reduce and ultimately eradicate the use of analogue and manual process of doing things is when they have started their digital transformation journey.
This is where most organizations get confused because they bought the hardware and software, but they cannot justify the return on investment of their digital transformation project. The issue here is not a failure of tech implementation, but a misalignment of expectations.
Why Digital Transformation Fail & How To Easily Prevent It?
Most of the so-called digital transformation projects of organizations from private enterprise, NGOs and the government can be encapsulated into a single word – upgrade.
Installing new technology on top of an archaic process and organizational culture results in organizational-wide frustration. An unintentional outcome that no one appreciates. A challenge that is easily addressable with the right process.
At ECF Data our Activate DTx a digital transformation program starts with Envisioning. An alignment of user needs, business units, and the organizational objectives. Which is supposedly a no brainer but fascinating to see how other digital transformation consultants fail to implement.
Another crucial step that is missing in most digital transformation programs is the mapping of existing processes. This alone allows organizations to maximize their return on investment by automating repetitive tasks and empowering their teams to focus more on high return investment areas.
Just these two portions of our digital transformation program easily put our clients ahead of the competition by allowing better internal/external collaboration, data-informed decisions, and unlocking innovation opportunities at a global scale.
A parting gift
Here is a takeaway we want you to keep.
If you think the definitions we have given you about Digital Transformation, Digitalization, and Digitization, will continue to confuse some of the people in your organization do not worry about it.
More than getting a team that is articulate about its definition is a team that is aligned with the objective of delivering the value proposition to your stakeholders, faster. This is a key concept that deserves a second reading, go on.
The success of a digital transformation project will manifest in an agile organization that can adapt to change at a moment’s notice. Moreover, there should be an ease in coming up with new revenue streams and new business models uncovered within the insights from daily operation.
ECFData Digital Transformation Program
If you want to know more about Activate DTx, contact us and ask about the FREE Envisioning process, we are offering.