Business models and traditional value chains are being disrupted by technology. A good digital strategy is one that is implementable and generates value for the organization. The ability to seamlessly integrate the strategy and transform the organization with calculated disruption will enable organizations to thrive and compete in this new world order.
Unprecedented changes in the market place are driving organizations to look at end-to-end digital transformation for their initiatives. A digital strategy must address key technologies and awareness of the digital partner ecosystem to define and capture potential opportunities for achieving business objectives and risk mitigation and to reach across all aspects of the organization’s digital value chain.
Understanding the challenges faced by organizations is crucial for forming and aligning a Digital Transformation strategy to support business objectives and enable enterprise growth. CIOs, with their oversight of technology and insight into the business, are in a unique position to drive an organization.
Enterprises need to aim beyond just cost reduction and leverage cloud as an enabler of transformation.
