Technologies used by traditional businesses are slowly but surely becoming obsolete because of new innovations like machine learning (ML), the Internet of Things (IoT), big data, and artificial intelligence (AI). Companies have to undergo digital transformation to stay competitive in an environment where consumers' needs and wants are constantly changing. The new technologies are but tools for fulfilling this need.
What is digital transformation?
Digital transformation incorporates digital technology into all parts of your business, basically changing how it operates and delivers value to customers. Depending on the type of your organization, it can also refer to a change in your work culture that requires everyone in the office to keep challenging the status quo, experimenting, and not being afraid to fail.
Years ago, companies would record their sensitive data on paper. Business data was analog since employees would either write or type information in ledgers, notebooks, or documents. If you needed to collect or share data, you had to sort through stacks of physical documents, including faxes and photocopies.
Then rapid advances in technology made computers commonplace, allowing organizations to convert all those pages of data into digital files. This procedure is known as digitization.
As more companies made the switch from paper to smart applications for managing work, digital technology has given us the opportunity to reimagine and improve the way we do business and interact with our customers. Digital transformation has also allowed organizations to review and improve their workflows.
A good example of a company that embraced digital transformation is Netflix. It began as a mail-order service that shook the foundations of the video rental industry. Technology progressed through the years, allowing wide-scale video streaming (with YouTube pioneering this service). Now, Netflix not only offers premium video content to subscribers, but it also personalizes viewing suggestions and even creates original content based on the massive data on user preferences and viewing habits they've collected.
Shouldn’t your business adapt to the digital transformation paradigm?
Cloud computing is key to implementing digital transformation
Because the company has to compete, it has to stay relevant. To stay relevant, the company needs to create improved or entirely new products or services. To do so, the company needs to undergo digital transformation. Cloud computing can give your developers the power to create innovative online business products through a compatible collection of application programming interfaces (APIs) and analytical tools.
This is how cloud computing becomes a catalyst for digital transformation:
Prototypes are test versions of a product that allow your developers to get creative and show users an overall design concept before you invest money and time toward a final product.
The cloud can help developers efficiently innovate, test, and implement their prototypes without the need for complex infrastructures or additional resources. This lets you easily test and deploy various applications on different platforms.
Transferring a database to the cloud provides increased protection from threats like system shutdowns, disasters, or data breaches. You can back up sensitive data in the cloud to reduce the chances of a system failure, particularly if your company regularly deals with large amounts of data.
Cost and labor efficiency
Your company can save on the cost of equipment such as physical servers and other legacy infrastructures by using the cloud. It only needs to pay for the digital resources it uses.
Your company can easily reinvent its business models with cloud computing, as it offers the necessary computing abilities, infrastructure, and platforms that will help your organization stay agile and ready to make changes at any time.
PC LAN Techs helps businesses in South Florida get more out of modern technology. Call us today and be free from IT-related stress.