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Work Experience

Innovative Solutions for the Evolving Digital Transformation

Digital transformation, often called business transformation, is an ongoing process in which businesses use technology to convert non-digital operations, such as products, services, or processes, into digital ones.

This transformation enhances companies' ability to deliver value, providing a competitive edge. By digitizing operations, companies become more efficient in meeting customer needs and expectations. Moreover, digital transformation can reshape business models and company culture, driving innovation and fundamental changes beyond just technology and ultimately delivering more excellent value to customers.

Key Challenges encountered during Digital Transformation, which enterprises must be aware of

The digital revolution has compelled every organization to reinvent itself or reconsider its business operations. Most large companies have invested significantly in "digital transformation," which is expected to surpass $6.8 trillion by 2023. However, such investments often lack clear benefits or ROI. These failures, caused by various factors, typically stem from underestimating the necessary steps or stages to execute a successful transformation agenda.

Lack of clear strategy: The two most significant challenges for companies to overcome are a lack of clarity regarding the strategy and a misinformed transformation strategy.
Resistance to change: Overcoming employee pushback and addressing specialized IT skills gaps are significant digital transformation challenges that impact adoption, culture, and organizational structure.
Financial Constraints: Budget constraints for digital transformation include expenses for new tools, employee training, and specialized hires. Executive boards often remain skeptical about ROI, delaying necessary budget allocations.
Not Seeing the Obvious: In the experience economy, customers prioritise brand experiences. Failing to craft delightful digital experiences and anticipate customers’ deepest needs are significant pitfalls in the transformational journey.
Moving away from old Business Models and Legacy Systems: Every business depends on foundational principles and processes. However, these legacy systems can sometimes become more of a burden than an asset, hindering innovation and adaptation in today's dynamic market environment.
Undervaluing the Cyber Security: Data security and privacy concerns hinder companies' digital transformation efforts. Rising cyber threats make data breaches and malware attacks common, causing many organizations to slow down their digital transformation initiatives.

How can Splisys help its customers succeed in Digital Transformation?

Splisys is a leading expert in managing complex business transformation processes for clients of all sizes across diverse geographies, including Fortune 500 companies. With over 15 years of experience, we have built a strong reputation for our ability to deliver exceptional results and guide organisations through their digital transformation journeys. Here are a few critical pointers on how we help clients achieve successful digital transformations:

Transformational alignment of strategy with the company’s vision: We at Splisys guide our clients to allocate time and resources to evaluate their needs and technology trends, defining the problem statement before identifying solutions. Segment the process into stages with clear goals, actionable steps, and measurable targets. Identify skills and stakeholders for each transformation phase, and regularly review and adjust your strategy to align with long-term goals.
Sponsors Alignment: We know how important it is to assemble a capable leadership team, with CEO or CTO oversight, to own the transformation journey. Communicate roles and responsibilities, onboard intuitive tech platforms, and address employees' job security concerns to ensure successful digital adoption.
Addressing the Budget Constraints: We guide our customers to emphasize viewing digital transformation as a long-term strategic vision to boost revenue. Break it into measurable phases, prioritize resources, and correlate investments with expected outcomes. Explore outsourcing as a viable option if required.
Staying Agile: Digital transformation should be an ongoing process, continually enhancing customer touchpoints. Brands must-see digital transformation as an ongoing process, not a one-time project, to meet rising expectations.
Adapting to innovative frameworks: Leadership must drive the shift from legacy models, prioritizing customer focus and team agility. Motivate employees to pursue innovative projects and explore new technologies for revenue growth. Adopt scalable, cost-effective, cloud-based solutions for increased agility.
Leading the Security journey: Regularly train employees on cyber threat dangers and their role in mitigating risks. Conduct periodic risk assessments and review security incident response plans. Use customer data responsibly and comply with security standards during cloud migration.

Methodologies deployed by Splisys for Successful Digital Transformation

Embarking on a digital transformation agenda without a clear definition or vision is problematic. While each organization is unique, with differences in business types, industries, and cultures, true transformation is not merely about replacing old technologies, capturing vast amounts of data, hiring data scientists, or mimicking Google or Amazon. The essence of digital transformation lies in becoming a data-driven organization, where key decisions, actions, and processes are guided by data-driven insights rather than human intuition. True transformation occurs when organizational behaviors and processes fundamentally change.

At Splisys, we recognise that digital transformation is not a one-time project but an ongoing process that requires meticulous planning and execution. We assist our clients in implementing phase-wise approaches, breaking down the transformation journey into manageable stages. This approach ensures that each phase is carefully planned, executed, and evaluated, allowing for continuous improvement and adaptation to changing market conditions.

Our long-standing presence in the industry has allowed us to engage deeply with our esteemed clients, gaining a thorough understanding of their explicit and implicit pain points. We believe in a collaborative approach, co-innovating with our clients to develop tailored strategies that align with their unique needs and desired outcomes. Our commitment to innovation and excellence has made us a trusted partner for organisations seeking to navigate the complex matrix of market, customer, product, and service dynamics.

Though we deliver multiple business-cum-digital transformation frameworks to empower our clients depending on their external and internal factors, we would like to introduce a unique framework that is the core of the digital transformation journey, as depicted here.