ARTICLES — January 24, 2019

Must-Do's For A Successful Digital Transformation

IoT is the current driver of innovation and business efficiency. It is predicted that IoT will soon be widespread as 85% of businesses plan to implement IoT by 2019. Are you one of the 85%? Here are a few must-do tips for a successful digital transformation.

Start Small
Digitally transforming your company is not just about installing new software. Bringing IoT into your business will require a new workflow, a change of priorities, and a redefinition of positions. It might take some time to get all departments to work effectively on the new system. Taking into account the amount of effort you’ll have to consistently put into this, it is best to start small and adopt in bite size.

Be Strategic
It is important to have a specific goal when you’re adopting IoT. Are you looking to boost your customer support, or keep a better track of your inventories? The technology you need to achieve your goal will be drastically different. When you put your goal at the forefront of your digital transformation plan, you’ll minimize the chances of acquiring technology you’re not ready for and maximize your chances for transformative success.

Be Ready For Changes
New technology will set a new culture where immediacy and data precision is the currency. This will not just transform the department that uses the technology. It will also affect your HR department, marketing, sales, finance, business management department, and the rest. Consider the readiness of your whole company before bringing new technology in, and allow for more time to transition into it.

Redefine Roles
As new technology becomes a part of your company, you’ll find certain roles gaining more importance than before, others needing to be adjusted, and some other unnecessary. Having employees who know how to grow in the digitally transformed landscape will prove to be an asset to your company. Bear in mind, some roles might require more effort to adjust, but keep going. The long term results you’ll yield from your IoT Solution will make it all worth it.

Be Data Driven
Digitally transforming your company with IoT means you will be working with data 24/7. Learning to listen to the data you’ve gathered, matching it with your Key Performance Indicator (KPI), and adjusting your next steps to better maximize your technology, will be your key to success.

Digitally transforming your company requires more effort and time than simply adding a tech department. Start small, be strategic, and be ready to transform with the technology by redefining roles and listening to your data. Your adaptability as a whole system will be the deciding factor to how profitable IoT can be for your company.

Lastly, consider talking to one of our IoT Experts to help you in this journey. We’re always ready to help you grow your business. We wish you the best of luck!

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