In the realm of business and enterprise, digital transformation is constantly a hot topic of discussion and a point of innovation. Businesses never fail to foster digital transformation and its trends by implementing highly advanced solutions. Digital solutions that are built with the power to optimize basic and complicated operations to achieve target output. With the growing demand for digital transformation, it is expected that global investment in digital transformation would total $6.8 trillion by the end of the year 2023.
Emerging and ruling technologies are the heart of the digital transformation framework. The right use of these technologies to create solutions is what a developer or IT services provider company should focus on from the outset to attain the digital transformation of the respective business. Therefore, businesses should be well aware of the leading digital transformation technologies and how they can impact the transformation process greatly in order to reimagine business workflow and re-create operational structure.
As part of this blog, we will present every aspect of digital transformation, including the technologies and their benefits. So let’s dive into the topic.
Top Digital Transformation Technologies and Their Amazing Benefits
Digital transformation technologies help businesses to launch their digital initiatives. It has a huge list of technologies but some of them play crucial roles in the process of bringing digitalization to various business units.
Let’s talk about those technologies and their benefits:
1) Internet of Things (IoT)
It’s not wrong to state that IoT is a fuel to achieve digital transformation. Companies are stepping forward with the common goal to harness the power of the Internet of Things to join the digital transformation wave and to secure their business future.
By integrating IoT into smart connected products, innovative functionalities, greater reliability, and improved product utilization can be created, which enhances business models regardless of industry limitations that are fading.
As well as disrupting value chains, IoT can also enable enterprises to make better decisions that will allow them to capture more value. With IoT, real-time data from connected products is offered to enterprises as an accurate way to evaluate their engineering and design processes and to improve them.
2) Artificial Intelligence (AI)
Artificial Intelligence is the primary driving force behind digital transformation. Unlike standard automation, AI-powered processes and operations can react in a new and innovative way with the aim of bringing positive change into the business workflow. The digital transformation that is based on AI encompasses digital innovations such as Machine Learning, Predictive Maintenance, and Natural Language Processing.
Each of these technologies aids in the development of our enterprise systems, enabling them to analyze data, predict the future, automate repetitive operations, and alert us to the most crucial ones.
AI streamlines and optimizes operations while giving managers access to vital data that may help them make wise decisions. Artificial intelligence has capabilities to frequently handle simple communication tasks, which relieves employee stress, for example – Chatbot.
Organizations can increase productivity by automating particular manual operations using artificial intelligence. This is supported by several studies as well that businesses are able to achieve 40% enhanced productivity by integrating AI into various operations.
3) Cloud Technology
Cloud is one of the technologies that underpins and transforms the existing digital business models. Hence, saying that the Cloud enables business is not an exaggeration. Cloud-powered digital transformation empowers businesses to keep pace with the digital era. While, organizations can co-innovate by leveraging the benefits of cloud-based solutions that are accessible, agile, and adaptable.
Cloud integration enables businesses to quickly and safely share data between their on-premises systems and cloud-based applications. This can increase productivity and teamwork while also offering a safer way to share data.
4) Augmented Reality
Augmented Reality is everywhere. AR is known for its capability to create a seamless connection between the physical, virtual, and human worlds. In the process of achieving digital transformation of the business or small unit of business AR-based solution is a driving force. AR has presented a completely different way for industries to engage with machines and executing tasks.
AR helps enterprises increase their output and quality while also transferring information, offering training, and providing top-notch customer service. It opens the door for more natural approaches to using technology, a paradigm shift that will fundamentally alter how we engage with digital systems.
Thanks to its analytical findings, AR will change management in several sectors. AR technology will be advantageous to the manufacturing, healthcare, retail, and other sectors of the economy.
Above are the listed digital transformation technologies that became prominent and user-friendly in the last few years. These technologies are proving to be more and more valuable to industry leaders in the current era as they offer the highest benefits of digital transformation. Digital transformation is an ongoing process that can be achieved through leading technologies and their benefits are unquestionable.
Are you on the verge of starting your digital transformation journey? Looking for the right technological partner? The Rejig is here. Rejig is a digital transformation company that helps all sizes of businesses and enterprises across the globe to successfully complete their journey to bring digitalization. Drop us a quick email at [firstname.lastname@example.org] and contact our expert to know how we can play a crucial role in your business digital transformation journey.