Tapping on Digital Transformation to Grow Your Business

 
SINGAPORE - Nov. 24, 2022 - PRLog -- According to data from Statcounter, 59% of worldwide online traffic comes from mobile, 38% from desktop, and 2% from tablet. This trend will continue to increase as more consumers turn to mobile devices for shopping, banking and other online activities.

With increasing uncertainty and globalization, businesses can adopt pillars of digital transformation in order to stay competitive. The adoption of digital technology can lead to better customer experiences, higher productivity and greater financial growth. According to Gartner, 56% of CEOs say that digital improvements have led to increased revenues.

Digital Transformation involves making a fundamental change to the nature of business and its relationship with customers and employees. It means being able to see the world in terms of digital technology and being able to respond to market changes by innovating faster and better than ever before.

4 Pillars of Digital Transformation consist of:

1.) Invest in developing your manpower

It would be advisable to invest in the career development of your employees through methods such as upskilling and reskilling.

2.) Improve your process
A business process mining (BPM) of your company will help you assess and identify gaps and opportunities in your company's processes. Through BPM, business processes can be creatively redesigned in order to be more efficient and effective.

3.) Invest in new technology
Due to the rapid changes of digital advancements, you must adapt and respond to it promptly or risk becoming outdated. Your business ability to innovate through the use of technology is a critical component of a successful digital transformation.
By integrating the proper mix of technology and training of staff to be proficient in this technology, your organization can achieve better performance and customer outcomes.

4.) Implement a Change Management Plan
Digital Transformation requires a change management in different areas of your business such as human resources, finance, marketing and information technology. Implementing a change management plan requires defining the scope of change, having clear and specific goals and setting up an implementation schedule to follow.

Support for Singapore Businesses
To support companies in embarking on digital transformation (https://www.websparks.sg/how-to-kickstart-digital-transfo...), the Infocomm Media Development Authority (IMDA) of Singapore rolled out an initiative called Small Medium Enteprises (SME) Go Digital Programme.

The SME Go Digital Programme aims to help SME develop new business models by using digital technologies and building stronger digital capabilities to stay competitive in this digital age.

Websparks is a full web solutions company in Singapore dedicated to helping clients transform their online presence, digitizing services and delivering award-winning websites.

Come schedule a consultation (https://www.websparks.sg/contact-us/) with us to find out how we can partner with you on your digital transformation journey today.
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Tags:Digital Transformation
Industry:Technology
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