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Currently Browsing Tag: Digital Transformation

Digital Transformation Models – What Works?

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Digital transformation is the application of digital technologies to fundamentally impact all aspects of a business.  Digital transformation models are attempts to provide frameworks to guide the process. One advertised digital transformation model has five steps – digitize, organize, automate, streamline and transform.  It’s an interesting gimmick, but it misses the point. If the first step of a digital transformation initiative is to digitize, the effort is doomed to fail.  There are lots of reasons to digitize.  Some of the benefits include secure browser-based document capture and retrieval, and reduced document storage costs, but it’s the wrong first step.  It’s … Continue reading

What is Digital Transformation?

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Ask a group of business people the meaning of digital transformation, and you will get all sorts of answers, depending on what type of business they’re in and their individual roles in their organizations. The concept of digital transformation has been around for decades.  Now, with the rise of Industry 4.0, it’s taking on new meaning and relevance. So, what is it exactly?  Digital transformation is the application of digital technologies to fundamentally impact all aspects of business.  It’s not as simple as digitalizing what otherwise is considered analog – it’s much more disruptive as it requires digitizing processes as … Continue reading

Enterprise Content Management Key to Business Growth, Improved Decision Making, and Better Business Outcomes, Epicor Research Finds

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Nearly 60 percent of businesses experiencing strong growth have an ECM solution, with 79 percent of stakeholders attributing better decision-making and greater operational visibility as some of ECM’s best benefits Enterprise content management (ECM) supports improved decision-making and better business outcomes, with ECM-enabled organizations achieving greater business growth than companies who lack ECM. This was one of the key findings of new global business research[1] from Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth. In the survey of some 2,500 respondents in 14 countries, business professionals were asked how they manage access to corporate … Continue reading

B2B Technology Landscape – Evolving to Meet Market Demand

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With growing rapidity, the B2B technology landscape is evolving to support digital transformation, converging business models, and the nonstop demands of e-commerce requirements.  B2B customers want service and support and are fueled by expectations that burn hot in B2C. Aberdeen Group reports that the ability of companies to keep pace is magnified by the growing complexity of broader and deeper supply chains, which in turn are driving changes in the B2B technology landscape. The Aberdeen report “B2B Technology Landscape – Evolving with the Times to Meet Market Demand” finds that the pressures facing companies prioritizing their technology needs include: Rising … Continue reading