We believe that every modern business is on a pathway of Digital Transformation (DX) whether proactively or reactively. ArchITect Consulting Services re-aligns a, business models, and processes to drive new value for customers and employees - to more effectively compete in an ever-changing digital economy.
Calling the “digital transformation” a buzzword doesn’t begin to do it justice. Far from a fleeting trend, the shift toward digital is shaping the business landscape more and more with each passing day. Back in 2015, 46% of executives in a landmark Forrester study predicted that digital would impact more than half their sales by 2020. But given today’s landscape—where “digital first” is rapidly becoming “digital only”—that prediction feels like an understatement. B2B companies that lead in digital drive 5X more revenue than their competitors.
Simply put, organizations that don’t evolve with the digital landscape will be left behind. But without an expert partner to lead the way, adopting a digital-focused strategy is often easier said than done.
A Forbes article famously claimed that 84% of companies fail at digital transformation. And in one recent study, 89% of organizations planned to adopt a digital-first business strategy. How many have fully adopted it? Less than half, or 44%. Going digital brings many challenges, and enterprises echo consistent pitfalls: resistance to change, a lack of understanding about the digital customer journey, rigid technology, the inability to gather and analyse data, and legacy business models that serve as a handcuff rather than a tool for innovation.
Our savvy clients come to us with important questions, and we’ve developed the following digital transformation guide to connect them with answers that drive action.