In today’s digital era, it is essential for businesses to stay competitive by modernising their legacy processes. By updating outdated process flows, software systems and data models, businesses can strengthen their competitive edge in the marketplace, develop new business capabilities and focus on growth into new and developing areas rather than on continually maintaining rigid and inefficient business fundamentals. By Tobias Moeglich.
For most organisations however, it is tricky to know where to begin. Staggeringly, 70% of digital transformations fail, deterring some companies from taking the leap of faith.
This process can be divided into four layers:
- Business strategy
- System architecture
- Operational architecture
- Data models
The first fundamental layer is business strategy. Business strategy determines the three to five-year vision for the business and operations in order to apply this to the IT strategy. The goal of business-IT alignment is to integrate the IT roadmap with business goals in order to lower costs, increase agility, and boost return on investment. This vision should consider the impact of technology on business operations, customer experience, and revenue growth. Good read!
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