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THE DIGITAL TRANSFORMATION : A TACTICAL SHIFT THAT CREATES OPPORTUNITIES

By 6 July 2020 No Comments

THE DIGITAL TRANSFORMATION : A TACTICAL SHIFT THAT CREATES OPPORTUNITIES
Only 0.5% of data is analysed out of the 80% that a company can store

Data is very often considered as a strategic advantage but still complex to optimize for companies. However, its exploitation is a key component in the context of the technological breakthrough brought by the digital transformation.
This transformation is mainly aimed at meeting the demand for faster and faster access to data, secure and in line with the company’s strategy, with IT budgets that remain limited. Initially carried out internally, it is often perceived as a never-ending process by companies. However, it is a real economic, strategic and competitive lever that must be activated to withstand a changing context.
Faced with this complex change, it is necessary to rethink the IT foundation. As an example, according to a 2018 study, within certain existing systems, only 0.5% of data is analysed out of the 80% that a company can store [1], which represents a real loss of revenue that could amount to several million dollars in additional revenue.
The IT driver – the CIO – is not only in charge of initiating this transformation but also has the responsibility for its implementation.

  • What are the entry points to carry out this transformation and succeed with it ?
  • What are the use cases and expected benefits ?
  • Which technologies to use and which best practices to implement ?

Download the White Paper “Digital is the new black : How is analytics making this transformation possible ?” here.

[1] IBM, How data drives business value, 2018

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