why should enterprises go digital?

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Top 4 reasons why enterprises have to think Digital!

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Page 1: Why should enterprises go digital?

Top 4 reasons why enterprises have to think Digital!

Page 2: Why should enterprises go digital?

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Table of Contents

What is a Digital Enterprise? Reason 1: The Digital Wave is Here! Reason 2: From Digital to Business

Agility Reason 3: The Inherent Traits of Digital Reason 4: Driving Business Value

through Getting On-Board! In a Nutshell

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A ‘true’ Digital Enterprise integrates

Information Processes Work and most

importantly, People

Information

Processes

Work

People

What is a Digital Enterprise?

so that the entire organization can collaborate more efficiently and effectively and, therefore produce more valuable products and services.

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Why do enterprises have to think Digital?

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Reason 1: The Digital Wave is Here! Big Data Analytics- More structured,

semi-structured and, unstructured customer data everywhere for analysis

Mobile Technology- The Anywhere, Anytime culture being the new face of customer engagement

Power Equations changed-Greater power in the hands of the customers

Technology key Differentiator-IT no longer a support system but the backbone of the enterprise

Social-Collective Intelligence from customer, employees and partner experiences

Cloud-Offering scalability across channels but at the same time resulting in shadow IT initiatives

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Reason 2: From Digital to Business Agility

Digital enterprises by default have Business AgilityDefault is Digital!

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Reason 3: The Inherent Traits of Digital

Innovation- in products, business models, operating models and services

Responsive- Respond quickly and effortlessly to changing market needs and expand across newer geographies

Creative and Design Oriented- Creatively look at ways of transforming lines of businesses into digital

Fast- Quickly transform all your processes into digital space

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Reason 4: Driving Business Value through Digital transformation

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How should enterprises go about it?

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Hotchpotch of innumerable technologies in your kitty Each department having its own IT application without involving the formal IT channel

leads to unused applications Analyze what digital means to your enterprise Get a holistic picture of your organization across technology and culture Digital should be incorporated across entire business operations and not just a part of it Be focused and prioritize your applications as there are too many applications in digital

portfolio Create end to end traceability across all functions in the enterprise Estimate the impact on your digital portfolio

Getting On-Board!Enterprises are locked up in Multiple Silos working independently, hindering innovation and change

Maintenance Cost 70% New Software Cost 20% New Hardware Cost 10%

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Please go to http://www.tcs.com/resources/white_papers/Pages/Digital-Building-Agile-IT-lean-principles.aspx to know how you bring agility to your IT and become a truly digital enterprise.

Enterprises need to adopt digital for business agility and to be responsive in the market, resulting in higher revenue and enhanced customer experience. Since IT is the backbone of your enterprise, digital is the way forward.

In a Nutshell:

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Thank You