MAY 20219Companies' urgency of adopting digital solutions is increasing exponentially, every year. Digital is not only changing the manner companies considered data but also, how organisations planned their operationsthe ones that can be automated. This spares time on hand for tasks that require human intervention, skilled knowledge and expertise.2. Increases Overall Business Efficiency With the digitisation of routine business processes, there are least chances of unexpected bottlenecks. Digitisation and automation ensure quick flow of inter-departmental information, spares time for strategic decision making and ultimately improves the overall efficiency of a business. In addition to saving time, it also saves on operational costs associated with complex workflows.3. Business GrowthDigital transformation provisions efficient processes, a strong customer base and automated workflows which makes it easier for businesses to grow and expand. Of course! A business that has an online presence or has a website/app can easily increase its customer base than the one that relies on the brick-and-mortar model.Cloud Driving Businesses' GrowthCloud computing has grown to a vast ecosystem of advanced technologies. Organisations are increasingly adopting the reliable path for business innovation as it enhances their potential to scale. The global cloud computing services market size is driven by various factors including its functional capabilities as well as cost effectiveness. Further, enhancing the customer experience has become the primary objective of every organisation and consequently, business organisations are looking for solutions that will give them real time analysis of unstructured data flowing through social media, connected devices and television. Cloud is scalable and cost productive and cloud computing has created crucial exposure and interest among organisations around the globe. According to Gartner's prediction, the worldwide public cloud service market will grow to $331.2 billion in 2022, a huge rise from $182.4 billion in 2018.What Lies Ahead?Technology leaders are using intelligent converged infrastructure solutions to revolutionise the way they manage data and applications. Multi cloud management platforms becoming the new industry battlefront as well as favouring the growth of specialised service providers, next generation virtual machines powering multi cloud computing, hybrid cloud computation targeting the AI/ML performance benchmarks are among the major digital technology trends that we will witness in coming years. Further, the future of IT infrastructure will see a lot of innovations and a massive amount of data will be generated through this connected ecosystem which means security, analytics capabilities, data protocols, and governance are required to manage the use of this data.Summing Up!Digital transformation accelerated across many industries in 2020. Moving ahead, we will see the rapid scaling of digital initiatives across different businesses globally. Hence, it only makes sense to start thinking digitally about your business if you have not done it till now.
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