Digital transformation

8 benefits of digital transformation in companies

Digital transformation has become a crucial strategy for business success. Even more so with the arrival of generative artificial intelligence, companies today more than ever need to digitize to remain competitive in the market.

In this new blog article, we explain what digital transformation is in companies, what its benefits are and what a company must do to begin to transform.

What is digital transformation in companies?

Digital transformation involves the integration of digital technologies into all aspects of a company, from its internal processes to interaction with customers.

It is a fundamental change that drives the evolution and growth of an organization, allowing it to adapt to the changing demands of the business environment.

What is needed for a digital transformation in companies?

Digital transformation is not a process that happens overnight, it requires a strategic approach and proper planning. Here are some key things to consider when embarking on a digital transformation:

Incorporation of new technologies

The adoption of new technologies is essential for digital transformation. Companies must carefully evaluate the technological solutions that best meet their needs and objectives. Some common technologies include cloud, artificial intelligence, Internet of Things (IoT), data analytics, machine learning, and no-code solutions.

Optimization, Automation and Process Integration

To achieve a successful digital transformation, it is necessary to examine and optimize existing processes. The automation of repetitive tasks and the integration of systems and applications facilitate the flow of information and improve operational efficiency.

What benefits does digital transformation generate for the company?

Digital transformation has a significant impact on companies, and provides a series of benefits and opportunities for growth and success in the medium and long term. Below, we review the 8 most relevant benefits.

Increased customer satisfaction

Digital transformation allows companies to offer a personalized experience focused on the customer experience.

By using technologies such as data collection and analysis, companies can better understand the needs of their buyers and provide them with products and services that meet their expectations.

Improves decision-making

Digital transformation provides access to a large amount of data and analysis tools. This allows companies to make more informed, data-based decisions, reducing uncertainty and improving accuracy in strategic decision-making.

Encourages internal communication

Digital tools facilitate communication and collaboration between employees, even when they are located in different geographical locations. This promotes faster information flow and more agile decision-making.

It gives agility to processes

The digitalization of companies allows process automation, accelerating business operations and improving efficiency.

Simply put, digital workflows reduce wait times and allow for a faster response to market demands.

Reduce human errors

By automating tasks and processes, the possibility of human error is minimized. This translates into greater precision and quality in the products and services delivered.

Allows you to adapt to changes

In a constantly changing business environment, digital transformation allows companies to adapt quickly to new trends and market demands. This allows them to ensure their long-term survival.

The importance of this is such that, 9 out of 10 companies recognize that the ability to transform is crucial to survive the current intense digital transformation, according to estimates from McKinsey.

It allows software to be monetized

“Every company is a software company,” said Natya Nadella, CEO of Microsoft, in 2015. This phrase is more relevant today than ever, as companies have moved from a product-centric approach to a software-centered approach, as this provides a better return on investment (ROI).

Digital transformation provides the opportunity to develop software not only for the optimization or automation of processes, but for the development of highly profitable business models. As an example, there are hundreds of highly successful startups.

What is a digital transformation plan?

A digital transformation plan is a strategic roadmap that guides a company on its journey to digital transformation. It includes clear objectives and specific actions to achieve them. Some key elements of a digital transformation plan include:

  • Assessment of the current situation: Conduct a comprehensive analysis of the company's current situation, identify areas that require improvement, and understand customer needs and expectations.
  • Defining objectives: Establish clear and measurable goals for digital transformation, such as increasing customer satisfaction, improving operational efficiency, or expanding online presence.
  • Identifying key technologies: Identify the digital technologies that will be fundamental to achieving established objectives. This can include the implementation of business management systems, data analysis tools, cloud platforms, and e-commerce solutions, among others.
  • Development of an implementation plan: Define a schedule and a logical sequence of actions to implement the necessary technologies and improvements. This may involve training staff, hiring technology experts, acquiring software, or developing customized solutions.
  • Communication and team participation: It is essential to involve the entire team in the digital transformation process. Clearly communicate the objectives, benefits and expected changes, and encourage the active participation of employees in the implementation and adoption of new technologies.
  • Continuous monitoring and evaluation: Establish key performance indicators (KPIs) to measure the progress and impact of digital transformation. Keep regular track of results and make adjustments to the plan as needed.

Arcus, your ally for the digital transformation of your company

On this digital transformation journey, having a reliable partner can make a difference. At Arcus, we develop mobile applications and other types of software with no-code tools, which are used to: automate, optimize or integrate business processes of all kinds.

In addition, our solutions for the digital transformation of companies are adapted to the specific needs of each company, regardless of its sector, and are scalable.

From conceptualization and design to development and implementation, at Arcus we provide a comprehensive, results-oriented approach.

In short, digital transformation is essential for the growth and survival of companies in the digital age. And as we review in this article, this process offers a wide range of benefits, ranging from increased customer satisfaction to improved operational efficiency and the ability to adapt to change.

If you are ready for the digital transformation of your company, don't hesitate and contact us. We are ready to work on your appropriate strategic plan. Contact us now!