Defining the Digital Enterprise – A NASSCOM Avasant Joint Report

Digitalization has become pervasive and critical to remain competitive in the industry. The enterprises, thus, no longer have the option of delaying their transformation initiatives. They need to embrace this as an opportunity to transform their business models, develop new revenue streams, go beyond customer expectations, and optimize operations. However, there are different lenses for them to imagine their end-state digital enterprise. NASSCOM and Avasant have partnered to conduct an in-depth research to help the broader ecosystem about the current state of digital initiatives and approaches taken by progressive enterprises.

Today’s business and technology environment is characterized by rapid and consistent disruption, and enterprises need to turbocharge their digital transformation to stay competitive. However, there are different lenses for them to imagine their end state digital enterprise.

Most stakeholders across industries have different definitions of what constitutes a “Digital Enterprise”, leading to confusion about the term itself. NASSCOM and Avasant have collaboratively developed a report to help develop a holistic definition.

The report is based on a worldwide survey with over 50 participants from 11 major industries and 3 continents. Based on the findings and our experience working with digital enterprises, we’ve also created a framework/model that can act as an aspirational guide for enterprises on their digital transformation journey.

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