Digital transformation (DX). Everyone is talking about it and wants to get on the bandwagon. Take for example Razer’s story. As far as transforming a modern workplace and collaboration goes, it’s considered a phenomenon. By supporting teamwork, rapid communications, and real-time collaboration using intelligent technology solutions, Razer has gained a competitive edge in the multibillion-dollar gaming industry.
You can observe a similar story at Virgin Atlantic, where they aim to develop apps quickly and easily to empower employees with tools and information to help field workers get a better view of customers and deliver better service.
Digital transformation comes in all shapes and sizes. It is all-encompassing and can have different connotations for different stakeholders. How do you interpret it? Does digital transformation for you mean the same for your peers? A CIO may translate it as improving operational efficiency, while it may mean augmenting customer engagement for a CMO.
What does digital transformation actually mean for you and your enterprise?
- Is it about modernizing legacy systems? Individually, gradually, simultaneously, enterprise–wide?
- Is it about shifting from traditional software development to full-stack development with an API-driven app approach?
- Is it about creating bandwidth for continuous innovation and advancing time-to-market?
While every enterprise wants to modernize and transform, not everyone is successful in digital transformation. What it requires is commitment and involvement, enterprise-wide.
According to the CIO’s 2019 State of the CIO Survey, “88% of CIOs say that they are more involved in leading digital transformation initiatives compared to their business counterparts.” In the ‘2018-2019 State of Digital Transformation Report’ by Altimeter, “CIOs are cited as the most typical official owners or sponsors of transformation initiatives.”
Executive Ownership of Digital Transformation
As business modernization and transformation continues to mature, CIOs are required to have a stronger presence in revenue-generating initiatives and in areas they have not delved before. What’s your level of involvement? Are you skin-deep or knee-deep in digital transformation? When revenue and ROI become the name of the game and as you wade into uncharted waters, where do you begin, what’s your first step?
The Crucial Kick-Off In Your Digital Transformation Journey
As ‘application organizations’ are constantly evolving to adapt to the hybrid world and the digital workforce, IT is expected to not only modernize technology, but also deliver business value, augment user experience (UX) and achieve core innovation.
Enterprise application development is emerging as an integral requisite to achieving digital transformation success. Rapid Application Development platforms are gaining sway by empowering IT, providing the bandwidth to focus on core innovation, advancing time-to-market strategies, and helping to achieve competitive differentiation.