What is digital business transformation?

What is digital business transformation?
Modern enterprises are constantly changing. The industry continues to evolve, driven by Customer needs and expectations. How to ensure a stable position for your company on the market, following the direction set by the digital revolution? Read the article and learn about a solution that will support your company!

The reality around us is changing every day. These changes affect every sphere of business, regardless of the will of entrepreneurs. Dynamic development is driven not only by technological innovations, but also by the users of technological solutions and business Clients. The digital transformation of industry is a process that has been underway for years and has recently accelerated rapidly.

Many company managers face the need to speed up their digital transformation. In most cases, this is due to an outdated strategy, legacy technologies, or systems that do not respond to Customer needs. Therefore, a company’s system infrastructure, which is its command center, plays an important role in the digitalization process.

Digital transformation of a company – what is it?

The digital transformation of a company (sometimes called digitalization) is the process of using digital technology to transform the way an organization operates, its strategy, systems infrastructure, business processes, or relationships with business partners and Customers. It is based on the use of technological tools that lead to the development of innovative solutions within the company’s operations, thereby improving its financial results and efficiency, increasing flexibility, and enhancing Customer satisfaction. Digitalization is also intended to increase the company’s attractiveness on the market and improve its image. A properly managed digitalization process also ensures the innovativeness of the company’s activities, services, and products.

What does the digital transformation of an enterprise entail?

The digitalization process involves the following areas:

  • data analysis – storing, processing, and interpreting data to obtain important business information; such activities provide in-depth knowledge of business trends, tendencies, patterns, Customer behavior, and all complications related to the functioning of a company, which enables better and more effective business decisions;
  • artificial intelligence (AI) and machine learning (ML) – both enable technology to make decisions that previously required the use of human intelligence, but also to recognize and learn natural language as well as predict user behavior; all this helps maximize process automation, better tailor offers to Customer preferences and create more advanced services and products, as well as personalize systems and adapt them to the individual needs of companies and their employees;
  • process automation – uses technology and tools to replace manual processes with automated ones, reducing human error, speeding up business activities, decreasing operating costs and, most importantly, increasing the efficiency of business activities;
  • internet of things (IoT) – a network of synchronized devices that communicate with each other and exchange data without user intervention; this enables more efficient monitoring, control, and maintenance of tools, even remotely; such a solution increases the efficiency of all operations performed in a company and ensures continuous, satisfactory development of services and business models;
  • cloud computing – a method of providing IT services to an enterprise, it ensures online availability of computing resources, including: applications, servers, data storage and processing space; access to its resources is scalable, it allows the expansion of data storage space and its modification; this increases the flexibility of business processes, ensures greater efficiency of its systems, their reliability, and also helps to reduce the costs associated with maintenance of traditional IT infrastructures;
  • cybersecurity – includes practices, procedures, and technologies used to protect networks, systems, and data from the threat of cybercrime; it includes activities such as securing networks, educating employees, managing access, detecting, locating, diagnosing, and preventing threats, resulting in the protection of a company’s infrastructure against attacks and theft of valuable data, and aligning company practices with regulatory requirements.

SAP S/4HANA – reliable support for major changes

Digital business transformation is a revolutionary process. However, it does not have to be associated with equally intense emotions and major changes in the way a company operates. Appropriate systems ensure the security of each department when the changes are introduced and allow for their gradual implementation. SAP S/4HANA Cloud ensures the highest quality of digitization. The system provides intelligent business processes designed, based on SAP best practices, used in various industries. Their automation speeds up changes and frees teams of employees from lengthy work related to manual reprogramming of specific areas. These functionalities reduce the burden on the organization’s budget and shorten operational activities. As a result, the system enables companies to respond more quickly to changing market realities.

SAP S/4HANA Cloud also provides access to an unlimited platform for storing, processing, and transmitting data. It can be operated from anywhere with an Internet connection and from any mobile device or computer. This helps ensure data consistency and its precise analysis, which enables the generation of accurate conclusions and forecasts. In addition, companies equipped with this software achieve better collaboration between teams. The system supports team communication, faster information exchange, and better management of departmental resources. Mobile access helps adapt working conditions to individual user preferences and location. Changes made to workspaces are available in real time. This increases team productivity and organizational performance. As a result, the company becomes more efficient and, above all, more competitive.

Hicron – your partner in every digital change

As experienced SAP experts and partners, we at Hicron have been helping companies around the world with their digital transformation for over 16 years. We implement projects for local companies as well as for global organizations. We value our Clients’ trust and take care of their systems, offering a range of services tailored to their individual needs. Looking for a proven implementation partner to help your company with its SAP S/4HANA implementation project? Contact Hicron consultants!

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