Whitepaper: Path to Digital Transformation JD Edwards or Cloud
Posted by Niamh Vaughan
Businesses are experiencing fundamental changes. These changes range from different ways to engage with customers to new business processes and models, changes in culture, and, most importantly, for the purposes of this discussion, the adoption of transformative technologies.
Digital business transformation can be defined as the application of technology to build new business models, processes, software, and systems that result in more profitable revenue, greater competitive advantage, and higher efficiency. These benefits present a significant incentive for rethinking how to run your business – and that is exactly what is happening.
From mining and manufacturing to services and retail, business leaders are reimagining the definition of the possible. The right technology can unite and optimize every segment of the value chain, transforming current processes, unveiling new and more efficient ways of doing business, and keeping employees and customers happy. The right technology will make your ERP ready for the digital economy, and the cloud with its various offerings is a significant part of the technology from which you can choose.
Driving digital business transformation in a company is an important part of your strategic business plan. Line of business leaders are looking to transform their business processes and achieve tangible business outcomes. Their businesses need agility and speed. To achieve this outcome, they need to collaborate with IT leaders, who can provide them with a technology platform to create the environment and resources to achieve the agility, connectedness, and real-time information access that are characteristics of digital business. IT’s job is to ensure security, scalability, and future-proofing.