on-demand webinar

Digital Transformation - Don't Just Replace - Dramatically Improve

Estimated Watching Time: 53 minutes

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Digital transformation is a term we hear often in the high-tech electronics industry. The term refers to the process of leveraging digital technologies to change and improve the way businesses operate fundamentally, deliver value to customers, and interact with stakeholders. It involves adopting digital tools, processes and strategies to streamline operations, enhance efficiency, drive innovation and create new business models.

Digital transformation is a strategic imperative for businesses seeking to remain competitive and relevant in today's evolving digital landscape. Embracing digital technologies and modernizing their operations, organizations unlock opportunities for growth and drive sustainable long-term success.

Digital transformation is more than just replacing manual processes with digital processes – the expected outcomes are cultural change and the adoption of re-imagined processes that take full advantage of well-defined digital strategies.

A company that digitally transforms successfully becomes a digital enterprise and enjoys benefits including:

  1. Replacing siloed practices and single-point software solutions with integrated technology platforms that link end-to-end across functions and/or the entire enterprise.
  2. Unifying separate sets of data and embedding automated data analytics into user interfaces and workflows to ensure that strategic and tactical decisions are driven by data-based insights.
  3. Making work transparent through shared applications to improve accountability, accelerate processes, and gain the agility to respond to or drive market disruption.

Key Takeaways

  • Understand the 5 steps for true digital transformation
  • Explore the use of digital transformation to break down silos and improve collaboration
  • Learn how to leverage the value of digital transformation to reduce process complexity
  • Ensure that you are not simply replacing (systems and processes), but instead dramatically improving

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