Mar 11, 2021   |    By Anilkumar Thekkan Muriyil

Digital Transformation

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What does digital transformation mean?

Digital transformation means drastically changing your organisation to
  1. Improve the digital tools and technology
  2. Enhance the digital skills of your workforce
  3. Adopt new business models for the age of digital business
  4. Imbue your culture with new digital thinking
Does digital transformation matter? Yes! Digital technology affects every industry, from aviation to personal health. The magnitude of the impact depends on how reliant your industry is on technology; what type of technology you use; and the advancements in technology in general, and in your industry in particular. For example, your local grocery store may be less impacted by the onset of digital. A good indicator is how much your company already uses technology in its operations. Imagine what might happen if your company doesn’t go digital while your competition does – and then plan accordingly. What’s the right time for a company to go digital? That depends on your industry and market, your budget and your long-term strategy. External factors like regulation and law also play a role. Rule of thumb: the sooner, the better. If you aren’t ahead of the curve, you’ll struggle to catch up. Ready to start your digital journey? We can help. Contact Us How does digital transformation work? Digital transformation is more than just state-of-the-art technology; that’s just the first – and often the easiest – step. A company must adopt new technology, platforms, software and tools to maintain or gain a competitive advantage; modernize its IT infrastructure; develop and implement business strategies that put digital-first; refocus its efforts on enhanced customer experience, and drive digital thinking across its culture. How will digital transformation benefit my company? Here are just some of the benefits: Going digital will give you a competitive advantage in a highly dynamic marketplace. Your company will gain improved technology and technical capabilities. Your business models will be simplified, streamlined and more cost-effective. Your corporate culture will become more adaptable, agile and innovative. The sooner your company starts this transformation, the greater your rewards. Are there challenges to digital transformation? Every great endeavour faces challenges. Organizational change is hard: it requires planning, effort and nurturing support. People aren’t always comfortable with change. It’s not easy predicting the outcome, and there’s always an upfront investment that gives pause. Regardless, digital transformation isn’t an option in today’s economy: it’s a necessity. With careful planning and diligent stewardship, your business will reap benefits far in excess of the costs. Where can my company get help to become a digital native? Right here! It takes a village to raise a child; it takes a company to transform itself. Each company, like each child, is unique. We’re here to help. We have loads of experience and a team of professionals with a wide range of expertise. We’ll work with stakeholders across your organization to plan your strategy, mitigate risk, grab opportunities and deliver on the huge potential that digital transformation brings. Contact us

Anilkumar Thekkan Muriyil

Anilkumar is a successful tech entrepreneur and analytics professional. Anil is a technology leader with 17+ years of industry experience building Enterprise AI, Data Analytics, Cloud & Mobility products, and solutions across diverse verticals. He is Co-Founder & CEO of Euclidz Technologies. Prior to his current role, Anil has worked with different companies like GE, Sonata in leadership roles. He is passionate about building world-class software products for real-world solutions using cutting edge technology innovations. His current passions are Artificial Intelligence, Chatbots, and Intelligent Automation.

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