Well, just like most core issues in business, it comes down to two things…..
Money and the probability of succeeding.
Why Some Businesses Have Not Digitally Transformed
Contrary to what some will say, digital data transformation is not an unaffordable and risky endeavour; in reality, it’s highly achievable and safe.
Executives are justifiably concerned. They don’t want to invest in something that won’t return a profit. However, they’re missing that, on average, executives who have digitally transformed have improved their operating efficiency by 40% and their time to market by 36%.
Why Small Businesses Need To Digitally Transform
It can be challenging for a small business to compete with a larger one; however, digital data transformation has helped narrow the gap. 60% of companies that have embraced digital transformation have been able to come up with new, more profitable business models.
In fact, even if you’re a small business, at this point, you kind of have to transform. More than 55% of start-ups have adopted a digital business strategy. Imagine a team half your size that can put out close to the quality of work you do but in less time, and because of the money digital transformation saves them, they cost less too.
Digital Data Transformation And The Bottom Line
We wouldn’t call investing in a digital data transformation a risk. Then again, we are a digital transformation company, so what are we supposed to say, right?
But just think about it logically for a second. If something out there can cut costs on average by 40%, speed up access to information by about 20%, and make files intelligent so you literally, in some cases, have to do nothing, what would you do? The data speaks for itself, it’s all around the web, and it’s being adopted by more and more businesses daily.
So when people come to us and ask, “what about the risk?” I say, “the only risk is starting too late.”
If you’re interested in digital data transformation, we can help you for 5x less than what the market currently asks for. We also have over two decades of experience in helping businesses transform in the governmental and private sectors.