Digital Transformation Consulting

What is Digital Transformation?

According to Garner, Digital transformation is the transition of business models by applying digital technology, creating new opportunities and values, helping businesses achieve better sales and increasing growth.

According to Microsoft, Digital Transformation is the restructuring of thinking about data coordination, processes, and people to create new values.

In Vietnam, Digital Transformation is the transition from a traditional business to a digital business. Digital Transformation changes the operating method, leadership, working process, company culture by applying new technologies such as big data, IoT (internet of things), cloud computing, etc.

In a nutshell, Digital Transformation refers to applying technology (digitalize) to all aspects of a business. If effective, this activity will completely change how enterprise works, increase cooperation efficiency, optimize work productivity and bring value to customers.

What role does digital transformation play in the Industrial Revolution 4.0?

Digital transformation can be viewed as the backbone of the 4.0 revolution in Vietnam, playing an essential role in improving operational efficiency, thereby creating great profit value, grasping the general development trend, towards a digital economy and digital society.

The most recognizable benefits of digital transformation for businesses are cutting operating costs, reaching more customers in the longer term, leading to faster and more accurate decision-making by the system, timely and transparent reporting system, optimizing employee productivity, etc. These things help increase operational efficiency and improve the competitiveness of organizations and businesses.

Whereas for ordinary people, digital transformation changes how we live, work, and transact with each other. As for the state, digital transformation uses data and digital technology to change the user experience with services provided by the state. That changes business processes, the model, and the mode of operation of the state management agency.

Digital transformation also contributes to increased labor productivity. Research by Microsoft shows that the impact of Digital transformation on labor productivity growth was about 15% in 2017, and will be 21% in 2020.

In general, according to market research and analysis experts, The five ultimate goals that digital transformation businesses aim for include:

 Speeding to market 

 Strengthening competitive position in the market

 Driving revenue growth 

 Increasing employee productivity 

 Expanding your ability to attract and retain customers

What type of business needs to do digital transformation?

Not only large businesses, but Digital transformation also brings great value to SME businesses in diverse industries and fields.

In the digital era, to survive and increase competitive advantage in the market, Digital transformation is a mandatory task that all businesses need to perform well.

However, many businesses have only heard of digital transformation at present but have not understood the digital transformation nature, leading to many difficulties in implementing digital transformation.

Prestigious digital transformation consulting service in Vietnam

With experience in consulting and implementing digital transformation for many customers in Vietnam, IZISolution will accompany businesses to implement digital transformation successfully.

If you are wondering how to help your business with digital transformation, contact our Leading consultants for assistance.