ARTICLES — October 14, 2020

The 5 Characteristics of a Digitally Maturing Enterprise

After a successful digital transformation, you will achieve digital maturity if you stay on the right track. According to Deloitte research, about half of digitally mature organizations report high net profit margins and increased revenue compared to the industry average. This shows that there are advantages to nailing a tech-first approach.

Many businesses assume that using digital solutions such as email, websites, video conferencing, or even social media makes them digitally mature. Although all these solutions are based on IT infrastructure and software solutions, using them doesn’t necessarily make an enterprise digitally mature.

The signs of digital maturity involve a collection of characteristics that build on one another, as technologies are adopted and implemented with the end goal of creating a company with better business and financial performance. Here are the five signs you’re on the right track to digital maturity.

Everything is Digital

Adopting digital practices into your organizational strategy is the first step to digital maturity and be a leader in the market. Gartner, Inc. analysts estimate enterprise software spending to increase in 2020 by 8.2% percent, as the push for digital transformation and digital maturity grows stronger.

Digitally-empowered Workforce

Digitally mature organizations are defined by a fundamental shift in workforce composition. For example, digital leaders leading strategic changes underpinned by digital technologies, digital mentors as guides in digital disruption, and technology-competent digital employees to enhance workplace productivity.

A Culture of Innovation

Organizations on the right track to digital maturity promote thought leadership, innovation, and functional collaboration. In the pursuit of excellence, you have to invest in experimentation with an inclusive mindset. It is also advisable to encourage the workforce to engage in digital experiments that lead to performance improvements.

Purposeful Data Collection

Digitally mature enterprise is very intentional about strategic data collection. The ambition to base decisions on data encourages enterprises to start collecting data on future decisions soon so that the most relevant and insightful data is available when necessary. This doesn’t mean that digitally mature enterprises collect all possible data, but they do collect lots of useful data.

Quick Response to Disruption

Digitally mature organization has the ability to respond to disruption in an organized manner. The digital technology that supports the organization essentially acts as an armor that helps them act and adapt to changes as quickly as possible, as a cohesive, dynamic, and self-sustaining unit.

Digital maturity is a huge achievement, but it's not the end of the road. As more companies reach this status, your organizations will need to keep innovating in order to stand out. Once it has these characteristics covered, you have to choose the right people, technological systems, and develop products that work for its business and its own organization. Visit https://telkomseliot.com and find the right IoT technology for your journey to digital maturity.

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