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Three Digital Transformation Strategic Initiatives to Prioritize In 2023.pdf

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Three Digital Transformation Strategic Initiatives to Prioritize In 2023.pdf

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Digital transformation is integrating digital technology into all areas of business, fundamentally changing how you operate and deliver value to customers. It’s a cultural shift that requires organizations to constantly challenge the status quo, experiment, and be comfortable with failure.

Digital transformation is integrating digital technology into all areas of business, fundamentally changing how you operate and deliver value to customers. It’s a cultural shift that requires organizations to constantly challenge the status quo, experiment, and be comfortable with failure.

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Three Digital Transformation Strategic Initiatives to Prioritize In 2023.pdf

  1. 1. Three Digital Transformation Strategic Initiatives to Prioritize In 2023 What is Digital Transformation? Digital transformation is integrating digital technology into all areas of business, fundamentally changing how you operate and deliver value to customers. It’s a cultural shift that requires organizations to constantly challenge the status quo, experiment, and be comfortable with failure. Because digital transformation looks different for every company, it is difficult to identify a definition that applies to all. However, in general terms, we define digital transformation as the integration of digital technology into all areas of business, resulting in fundamental changes in how businesses operate and how they deliver value to customers. They are many benefits of digital transformation. If you're not sure how to advance your digital evolution in 2023, we suggest focusing on three digital transformation strategy Initiatives:
  2. 2. 1. Modernization It is important to be as prepared as possible for the next disruption. We all saw it firsthand when the pandemic hit. None of us predicted a pandemic in 2020. But can we imagine its effects on individual organizations, some of whom have faced Covid and whose effects are far better than others? Maybe. Fortunately, just to test their point, Forrester demonstrated that having a modern content services strategy in place early in Covid-19 “allows an organization to prevent significant disruption and recover more effectively from any disruption. " Upgrade tip: Get the Latest Versions Working with the most up-to-date versions of the solutions that drive your business is the best way to stay agile regardless of the severity of challenges and disruptions. That's for sure: • Keep your organization in the running when your competition unveils a new offering. • Increase daily activity skills. • Reduce the time-to-value of your investments. And organizations around the world are catching on, If that sounds intimidating, there's good news: Modernization doesn't have to mean overhauling your tech stack and giving up long-standing relationships with vendors for a hot new brand with great commercials. There's a time and place to evaluate whether the solutions you've invested in still fit your needs, but you can start by re-evaluating the solutions you've already invested in. If you've been working with the same provider for more than a few years, it's time to make sure you're taking advantage of all the updates and new offers they have to offer. How modernization helps Focusing on modernization can help your business:
  3. 3. • Mitigate risk in the face of changing/increasing security, compliance, and information governance challenges. • Reduce information silos that hinder collaboration, increase inefficiencies and impact customer service across your organization. • Become more agile in responding to changing business needs. Focusing on modernization can help your IT department: • Analyze legacy applications that lack features and scalability and can create security risks and ongoing costs. • Proactively and automatically manage abundant data and content in different formats and across different systems. • Construct a case for modern platforms that allow rapid development and deployment of resolutions across the business. To be Contdd…

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