Digital transformation trends are hot topics. But what does it actually mean? It’s the process of transforming an organization’s business model, infrastructure, and work culture to fully exploit opportunities created by digital technologies. For traditional businesses, the digital transformation journey is not easy. It’s a long, complicated, and sometimes painful process. The challenge is that these businesses have a lot to lose if they fail to adapt. But the rewards are worth the effort. In this article, we shall explore the trends and challenges of the digital transformation of traditional businesses. That will help you see how it might affect your company. Read the full article here: https://tinyl.io/528e

1. Digital Transformation Trends and
Challenges for Traditional Businesses

2. Introduction
Digital transformation trends is a hot topic
Digital transformation trends is a hot topic
It’s the process of transforming an
organization’s business model,
infrastructure, and work culture to fully
exploit opportunities created by digital
technologies
It’s the process of transforming an
organization’s business model,
infrastructure, and work culture to fully
exploit opportunities created by digital
technologies
In this article, we shall explore the trends and
challenges of the digital transformation of
traditional businesses
In this article, we shall explore the trends and
challenges of the digital transformation of
traditional businesses

3. What is Digital
Transformation?
You might not have heard the term
“digital transformation” used very
often until recently
By 2017, 70% of organizations
thought their existing IT systems
were too complex for them to
achieve the desired business
outcomes with them
Digital transformation is the only
way traditional businesses can
maintain relevance in today’s
market

4. Trends in the
Digital
Transformation
of Business

5. Content
Delivery and
Management
Systems
5G networks, big data, AI, and digital twins will
fuel the connected customer Today’s enterprise
customers want more digital experiences and
offerings than ever before
This is putting huge pressure on legacy
companies and creating opportunities for
newcomers
To compete with the big data companies such as
Amazon and Google, enterprises will need to
combine massive data processing capabilities
with real-time data analysis capabilities

6. The Rise of
Mobile
Apps

7. Customer-
centricity tops
the digital
transformation
trends
They specialize in a narrow range
of products and services
The best customers will always
gravitate to an individual or a
small group of organizations
offering a comprehensive range
of services
When customers are treated as
individuals and not just as
customers, companies can
become more agile and
responsive to their needs

8. The Future
of
Traditional
Businesses
DIGITAL
TRANSFORMATION ISN’T
JUST FOR TECH-SAVVY
STARTUPS
SOME OF THE BIGGEST
ORGANIZATIONS IN THE
WORLD ARE ADOPTING
THE DIGITAL
TRANSFORMATION
THESE ORGANIZATIONS
WILL BE BETTER
POSITIONED TO ADAPT
TO NEW CHALLENGES,
INNOVATE, AND GROW

9. Challenges in
the
Transformation
Process
Because traditional businesses
have limited resources, the
transformation process may be
challenging for them
A hotel that loses its local staff
will lose the trust and the word
of mouth value of its property
In traditional businesses, like
financial institutions, the
transformation process can take
a lot of time and money

10. Lack of Change
Management Traditional businesses
struggle to keep pace
with a rapid transition to
the digital era
1
There’s a tension
between the human
side of change and the
digital side
2
But, on the other, the
digital transformation
represents an
unprecedented
business opportunity
for companies
3

11. Change
Management:
It’s more than
just a
buzzword
Change management isn’t just a
strategy for keeping employees
motivated in the face of disruptive
technology — it’s a business strategy
There’s a misunderstanding that
change management is simply
about telling your employees what
to do differently

12. Risk Factors
During the
Process
Businesses are well aware of the risks
of digital transformation
However, the challenges of
successfully navigating the
transformation often go unnoticed
The amount of profits that companies
earn from digital services can be far
lower than from the services that they
deliver today

13. The time it
takes for
transformation
to be
successful
Traditionally, digital transformation is a long
process
The idea of a complete digital transformation
of their business model is too uncomfortable
to stomach
Digital transformation requires big structural
changes, including the elimination of
workflows and organizational structures that
don’t support the digital mindset

14. How to
Address the
Challenges
DIGITAL
TRANSFORMATION STARTS
WITH A DEEP
UNDERSTANDING OF THE
CHALLENGES, WHICH ARE
OFTEN: EXPERIENCE: THE
BUSINESS MUST CREATE A
CLEAR AND CONSISTENT
EXPERIENCE FOR
CUSTOMERS, FROM
FRONT-END EXPERIENCE
AND MARKETING TO BACK-
END SERVICE AND
SUPPORT
AGILITY: BUSINESS MUST
BE ABLE TO RAPIDLY
RESPOND TO CHANGING
CUSTOMER NEEDS
TECHNOLOGY: BUSINESS
HAS TO KEEP UP WITH THE
SPEED OF INNOVATION
AND EMBRACE THE
CHANGING
TECHNOLOGICAL
LANDSCAPE

15. Digital
Transformation
Constraints

16. What You
Can Do Now
One of the first things you can do
now is to think about what
aspects of your business need to
be transformed
The first thing you can do is to
think about your offline business
model, which could have trouble
adapting to the digital era
A digital-first business will have
significantly different challenges
from a traditional business

17. Conclusion
Digital transformation is not just
about the hype and IT savvy
In the coming years, traditional
organizations will be competing with
startups and small business for a
global market share in the industry
Digital transformation has become
the name of the game

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