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Digital Business Transformation is a transition to a different business and/or organizational model in which digital technologies play a dominant role.
The fourth industrial revolution (the becoming more dominant of technologies that are developing exponentially, such as nanotechnology, robotization, biotechnology, 3D printing, internet of things (IoT) and virtual reality) is already fully present, while the impact of the third (including the breakthrough of information technology) is still noticeable and visible every day. In fact, many companies have not yet embraced it and are struggling with their existence. We saw companies such as V&D, Blokker and Hema getting into trouble, and at the same time, major players such as Booking.com, Uber and Airbnb emerged.
We are on the eve of robotization and AI. What will that do to your business model? And what influence does it have on the behavior of your customers?
In the short term, we often overestimate the influence of new technology. But in the long term, it is usually underestimated. Digital Business Transformation is exactly about that longer term. Say ten to fifteen years. We often see that companies are inspired by technological possibilities and, therefore, start implementing an idea. It is the technology that makes digital transformation possible, but it is the strategy that ensures that the Digital Business transformation becomes a success.
Many companies have not yet embraced the third industrial revolution, while the fourth is already in full swing.
- The new network society
Once you have developed a good strategy (or are still working on it), the process of validating your assumptions begins. How do you set up a Proof of Concept? What is the best method to test your ideas in practice without needing much time and money to develop software that can do this? Which solutions do you choose, and how do you build an environment where you quickly achieve results, pick up mistakes and learn even faster?
We have experience with this. Our solutions are not standard, but they are smart. Whether you choose a RAD solution, customization or a hybrid model that combines the best of both worlds.
When realizing possible solutions for a Digital Business Transformation, we start by giving workshops. As soon as the possible roadmap is known, we determine together which MVP (Minimum Viable Product) we can start with and what direct value it will deliver in the short term. Take it from us: don't wait too long with your good ideas, and start a digital business transformation today.
