Transformative innovations are changing the workplace at an exponential rate, bringing the shift in companies not only help them to survive in the market but, succeed. Over the past few years, digitization has been one of the most significant factors transforming the global economy. The speed of transition is accelerating now, in the midst of the COVID-19 pandemic. As a consequence, investors are also focused on growing digital infrastructure exposure in their business alongside conventional infrastructure properties.
Recent reports estimate that in 2023, global spending on technology and services that enable digital transformation will reach $2.3 trillion (£1.8 trillion), with a steady rise in digital spending from 2019 to 2023 to reach this amount. This shows that the process of digital transformation is increasingly seen as a long-term investment, with initiatives expected to take over a 50 percent share of global technology investment by 2023, reflecting the global commitment to digital transformation in the enterprise.
Following are some of the reasons to have Digital Infrastructure in your business:
1. Market Trend -
Consumers today, internal or external, wants the same kind of experience they have in their personal lives with technology in a professional setting, but sometimes this can be difficult to accomplish for a business. There have never been more options in the delivery of services, both in terms of how and where to deliver applications from, and who to work with.
Businesses are constantly seeking more flexible digital IT services and agile networking capabilities, and a vital aspect of business transformation is to get the customer experience right. This goes beyond just the accessibility of employee or external client software, and requires the experience of working with the IT team and instruments.
2. Integration –
Data between integrated tools can be exchanged easily, leading to better analysis and more precise predictions of the business. For example, if you have an eCommerce company, you can integrate your ERP with your CRM so that transactions made online by customers are instantly reflected in the inventory department, which can automatically replenish stocks. The possibilities are infinite, and only when you incorporate software resources will such an improved degree of teamwork be feasible.
3. Workforce Engagement –
Employers are searching for new ways to increase work efficiency of their workforce, with digital technologies playing a vital role in helping to complete assigned tasks. Digital transformation gives core business roles, such as Finance and HR, a valuable opportunity to shift away from manual practices in key areas such as payroll, is allowing leaders to concentrate on broader business opportunities.
4. Cloud Computing –
Cloud computing allows organizations to remove the excess platforms of enterprise and grow lean and agile. If a service provider, consider using PaaS (Platform as a Service) instead of having to invest in costly systems to help the businesses develop new apps and tools on cloud-based platforms.
5. Data Security –
For many IT leaders, one of the greatest challenge is how to put more data at the edge of their networks, while keeping that data secure, an increasingly complex activity. It is necessary that the organizations continuously needs to adopt a security strategy across all their networks to safeguard their client’s and business data. In order to secure their data, the companies can have in-built digital infrastructures that can help them in resolving their security issues or can hire a company that can offer them required digital infrastructure.