The Reason Your Digital Transformation Progress Is Stalling Could Be You

The Reason Your Digital Transformation Progress Is Stalling Could Be You - iBridge
Although as many as 93% of IT leaders indicate that their organizations are implementing a digital transformation, 42% of them also say that they’re struggling to achieve the desired results. Many of these initiatives are behind schedule, while others are completely stalled. The level of success you achieve with a digital transformation initiative often depends on your employees’ performance, which, in turn, depends on how the organization’s leadership interacts with and guides their IT and operational teams throughout the process.

Successful digital transformation leaders know when to tap into the right expert knowledge and outsource experience to help them achieve their goals. By working with industry experts, you can access the best resources to help you design and implement an effective digital transformation strategy tailored to your organization’s needs and strategies vision.

 

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The Importance of Mobile-First Thinking

The Importance of Mobile-First Thinking - iBridge
An essential goal of any digital transformation (DX) strategy is to improve customer experience across all channels. As more consumers are interacting with brands, researching products, and making purchases online using their mobile devices, it’s vital for companies to adopt a mobile-first approach to their DX initiatives.

Not only online merchants need to consider their mobile experience. Seventy-seven percent of US consumers use their mobile devices to compare in-store prices, and 71% of in the store shoppers indicate that their mobile devices are important to their shopping experience. Meanwhile, 70% of B2B buyers have increased their mobile usage, and 51% are more likely to make a purchase from a mobile-friendly site.

 

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Should You Hop on the Blockchain Bandwagon?

Should You Hop on the Blockchain Bandwagon - iBridge

While Bitcoin is the poster child of blockchain, the technology goes beyond cryptocurrency. Blockchain refers to an all-encompassing technology that creates a digital ledger. It does so by integrating data from various platforms and enabling independent parties from all over the world to share data across a network.

Critical tools used in business operations (e.g., contracts and transaction records) and the bureaucracies formed to manage them are lagging behind in today’s business environment where digital tools have changed the pace and expectations of how things are done.
Blockchain is becoming a vital component of digital transformation by increasing the speed and cost-efficiency of many essential business operations. We look at how organizations are leveraging blockchain technology.

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Rethinking the Survey

Rethinking the Survey - iBridge

We are all familiar with surveys. We have taken countless numbers of them in our lifetime, from the types of toothpaste we like to whether or not we will buy a product again. These surveys report the percentage of responses. The percentages are just that — the percent of people who gave an answer. But what does that mean? This lack of clarity underlies why many organizations are hiring data analysts and deploying advanced analytic software.

If your survey was about your conference, questions likely inquired as to the number of people planning on future attendance, who found the conference engaging, or how many liked the food, and so on. Sound familiar?

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Protect Your Data While WFH

Protect Your Data While WFH - iBridge
Businesses face crossroads when emerging technologies achieve critical market adoption. Companies that don’t have the strategies in place to embrace technological market changes have shown to suffer negative consequences.

Two major examples are the rise of the internet in the mid-2000s and the advance in mobile technologies a decade later. Organizations that failed to implement internet marketing and commerce lost significant market share. The same happened in the mid-2010s when everything needed to be mobile-first—otherwise, a brand could easily lose half of its audience.

 

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Have You Thought About Your AI Strategy?

Have You Thought About Your Ai Strategy - iBridge
Businesses face crossroads when emerging technologies achieve critical market adoption. Companies that don’t have the strategies in place to embrace technological market changes have shown to suffer negative consequences.

Two major examples are the rise of the internet in the mid-2000s and the advance in mobile technologies a decade later. Organizations that failed to implement internet marketing and commerce lost significant market share. The same happened in the mid-2010s when everything needed to be mobile-first—otherwise, a brand could easily lose half of its audience.

 

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Don’t Get Left Behind

Don't Get Left Behind - iBridge
In today’s fast-evolving business environment, the ability to leverage the right digital technologies is the key to success for organizations of any size. “Digital Transformation” is now the foremost focus for many companies—70% either have a digital transformation strategy in place or are working on one.

Most organizations realize they will struggle to thrive in this economy if they fail to implement a digital-first business strategy. However, many face challenges involving foresight, cost, implementation, and technological capabilities. Without a clear transformation roadmap and requirements, an organization cannot maximize the ROI of their digital transformation efforts.

 

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Digital Transformation Success Part 1

Digital Transformation Success Part 1 - iBridge
Undergoing a digital transformation is the key for any organization to stay relevant and competitive in today’s quickly evolving business environment.

Digital transformation refers to the integration of digital technology into all aspects of a business with the goal of changing its operation to improve cost-efficiency and stay relevant in the market. This transformation may also require cultural changes so that organizations can continually challenge the status quo and experiment with new approaches.

 

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Designing Intelligent Questionnaires

Designing Intelligent Questionnaires - iBridge
Surveys and questionnaires have been used by organizations to query, assess, and validate business goals and objectives for decades. While both gather information, the survey process also employs data analysis to convert the raw data into insights and opportunities. The process of data analysis is, however, time-consuming and often expensive.

To streamline and make the survey and assessment process much more cost-efficient, iBridge has established the concept of intelligent questionnaires. Intelligent questionnaires not only collect and organize data but also utilize embedded analytic tools to immediately generate actionable insights.

 

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Data Analytics is the New Competitive Advantage

Data Analytics is the new Competitive Advantage - iBridge

Data analytics is the new fuel and a key component of any successful digital transformation initiative. It’s changing the business paradigm for companies of any size and in any industry. Data analytics is the science of analyzing raw data to derive insights from the information.

It is a complex process, but one that is easily harnessed with the right planning. Gaining insight from data involves setting data requirements as well as collecting, organizing, and cleansing the data before drawing conclusions to reveal trends and metrics. An accurate and well-maintained database will give your organization the competitive advantage it needs to remain competitive in today’s fast changing, business environment.

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