According to the APEC organization, small businesses play a significant role in the APEC region, contributing between 40 and 60 percent to the GDP of most economies while employing around 60 percent of all workers across APEC’s 21 members. Despite the clear benefits of digitization, many Digital MSMEs are still struggling to keep up with the pace of technological change.

As experienced digital consulting services, we have seen the challenges MSMEs face in digitization. Many obstacles can prevent MSMEs from fully embracing digital business practices. We’ll explore the key benefits of digitization for MSMEs, their challenges, and the best practices for overcoming them.

Understanding Digital Business Practices

Adopting digital practices is crucial for businesses to improve efficiency, reach new customers, and gain a competitive advantage. Digital MSME business practices involve:

• Using digital technologies and tools to conduct business operations
• Communicating with customers
• Delivering products and services

Cloud computing, e-commerce platforms, social media marketing, mobile apps, and more are all examples of digital business practices.

Businesses should identify their digital needs and goals, assess their technological capabilities, and seek expert advice from digital transformation services to understand digital business practices.

Benefits of Digitization for MSMEs

Digitization has become a crucial success factor for small and medium-sized businesses (MSMEs). MSMEs may have access to a wide range of advantages that can boost their productivity, expand their client base, and save expenses using digital business practices. Here are some key benefits of digitization for MSMEs and enterprise software development as well:

Increased Efficiency and Productivity

• Automation of Processes: Digitization enables MSMEs to automate repetitive tasks and streamline workflows, freeing up time and resources for more strategic activities.
• Reduction in Manual Errors: By reducing manual input and automating processes, MSMEs can significantly reduce the risk of errors and improve accuracy.

Improved Customer Service

• Access to Customer Data and Analytics: With digitization, MSMEs can offer their customers access to customer data and analytics, allowing them to gather insightful knowledge about customer behavior and preferences.
• Personalized Customer Experiences: MSMEs may design personalized customer experiences by adjusting their products and services to their customer’s specific requirements and preferences.

Enhanced Marketing and Sales

• Digital Marketing Channels: MSMEs can use digital marketing channels, such as social media, email, and search engine marketing, to expand their consumer base and strengthen their brand.
• Improved Visibility and Reach: MSMEs may enhance their visibility and reach by utilizing digital marketing channels and product consultancy services, calling a larger audience, and producing more leads and sales.

 Cost Savings

• Reduced Expenses on Physical Infrastructure: By adopting digital business practices, MSMEs can reduce their expenses on physical infrastructure, such as office space and equipment.
• Efficient Resource Utilization: Digitization enables MSMEs to use their resources more efficiently, reducing waste and increasing productivity.

Improved Collaboration and Communication

• Real-time Collaboration: MSMEs can collaborate with remote teams and work on projects in real-time, regardless of their physical location.
• Streamlined Communication: Digital tools and technologies enable MSMEs to communicate with their team members, customers, and vendors quickly and easily, reducing communication barriers and improving overall productivity. 
• Enhanced Data Security and Privacy

• Secure Storage: Digitization offers specific data and information storage solutions, lowering the possibility of data breaches and cyber-attacks.
• Improved Data Privacy: MSMEs may use digital technology to secure their customers’ personal information better and ensure that digital consulting services follow privacy laws.
• Better Decision-Making

• Access to Insights: Digitization offers MSMEs valuable insights and analytics, allowing them to make data-driven choices and remain ahead of the competition.
• Faster Decision-Making: MSMEs can swiftly collect and analyze data thanks to digital technologies, allowing quicker and more well-informed decision-making.

Flexibility and Adaptability

• Scalability: Digital MSMEs may scale their operations up or down as needed, adjusting to changes in demand and market circumstances.
• Agility: MSMEs may remain ahead of the competition by adopting digital technologies that enable them to adapt rapidly to shifting market trends and client needs.

Additional Benefits of Digitization for MSMEs

There are some additional benefits of digitization for MSMEs, such as:

• Improved Collaboration: Better decision-making, more effective processes, and quicker problem-solving are all made possible by digitization, which enhances communication across people, teams, and departments.
• Access to Global Markets: By utilizing digital marketing channels, online marketplaces, and e-commerce platforms, digital MSMEs may access worldwide markets.
• Better Inventory Management: MSMEs may benefit from digitization by tracking inventory levels in real-time, which lowers the chance of overstocking or stockouts and enhances inventory control.
• Enhanced Data Analysis: Digitization enables MSMEs to gather and analyze customer data, revealing insights into consumer behavior, tastes, and requirements to develop individualized marketing campaigns, enhance goods and services, and promote company growth.
• Increased Agility: Digitization allows MSMEs to respond quickly to changes in the market, customer demand, and industry trends. They can partner with digital transformation services that enable them to stay competitive and adapt to changing business environments.

Challenges in Digitization for MSMEs

Lack of Technical Know-How

• Importance of technical expertise: Digitization requires technical expertise, and many MSMEs need more skills and knowledge to implement digital business practices effectively.
• Hiring tech experts: MSMEs can overcome this challenge by hiring tech experts or partnering with digital agencies like ValueCoders to get technical support and guidance

Limited Resources

• Financial constraints: Due to the high cost of digitization, many MSMEs need more funds to invest in the required infrastructure and technology.
• Need for proper planning and allocation of resources: MSMEs must prioritize digitalization activities, make thoughtful plans, and spend resources wisely to overcome this obstacle.

Data Security Concerns

• Importance of securing data: As MSMEs digitize their business processes, they face the challenge of securing and protecting sensitive data from cyber threats.
• Measures to ensure data security: Digital MSMEs can overcome this challenge by implementing robust data security measures, such as encryption, two-factor authentication, and regular data backups.

Resistance to Change

• Fear of the unknown: Digitization requires MSMEs to embrace new technologies and business methods, which can be intimidating for some.
• Importance of change management: To overcome this challenge, MSMEs must prioritize change management and communicate the benefits of digitization to their employees and stakeholders.

Lack of Standardization

• Fragmented technology landscape: It might be challenging for digital MSMEs to select the best tools and platforms because the digital business ecosystem is highly fragmented and offers a wide selection of technology and solutions.
• Need for industry standards: MSMEs can develop best practices and guidelines for digital business practices in collaboration with industry groups and standards bodies to address this issue.

In summary, digitization poses several challenges for MSMEs. One can overcome these challenges by establishing the best practices and guidelines mentioned above.

Also Read: Know All-New Digital Transformation Strategies

Best Practices for Digitization in MSMEs

Digital Transformation Strategy

• Importance of having a clear strategy: Digitization is a complex process that requires a clear strategy to guide decision-making and ensure that efforts are aligned with business objectives.
• Setting achievable goals: Digital MSMEs should set achievable goals that align with their overall business strategy and prioritize efforts based on their expected impact.

Cloud Computing

• Benefits of cloud computing: MSMEs may benefit from increased scalability, flexibility, and cost savings thanks to cloud computing, enabling them to access computer resources on-demand without needing physical infrastructure.
• Types of cloud services: Depending on their requirements and financial constraints, digital MSMEs can pick from a variety of cloud services, such as infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).

Cybersecurity Measures

• Importance of cybersecurity: MSMEs are more vulnerable to cyber threats, such as data breaches, malware, and phishing attempts, as they digitize their business operations.
• Best practices for cybersecurity: Digital MSMEs may use best practices, including strong passwords, encryption of critical data, routine software and firmware updates, and staff cybersecurity training.

Automation

• Benefits of automation: MSMEs can benefit from automation by reducing manual labor, improving efficiency and accuracy, and enabling them to focus on more strategic tasks.
• Types of automation: MSMEs can partner with digital consulting services to automate various processes, including customer service, sales, marketing, and accounting, using chatbots, email automation, and accounting software.

Digital Marketing

• Importance of digital marketing: Digital marketing may help MSMEs expand their audience, raise brand recognition, and boost sales and income.
• Best practices for digital marketing: MSMEs may use best practices for digital marketing, such as developing engaging content, utilizing social media and data analytics to track performance, and improving campaigns.

In summary, MSMEs can benefit from digitization by implementing best practices. By following these best practices, digital MSMEs can improve efficiency, reduce costs, and increase revenue and profitability.

Why Choose ValueCoders?

Choosing the right technology partner can be critical for the success of MSMEs in their digitization efforts. Here’s why you should choose ValueCoders for your digitization needs:

• Expertise: We are a software development company with over 18 years of experience. We have a team of over 450 professionals in various technologies, including cloud computing, cybersecurity, automation, and digital marketing.
• Cost-Effective Solutions: ValueCoders provides cost-effective digital transformation services for MSMEs tailored to their specific needs and budget, ensuring they get the best value for their investment.
• Quality and Reliability: We provide high-quality solutions to our clients that satisfy industry standards and exceed their expectations. They adhere to a strict quality assurance approach to provide trustworthy, bug-free solutions.
• Timely Delivery: ValueCoders understands the importance of timely delivery for digital MSMEs and ensures that their solutions are delivered on-time and within budget.
• Customer-Centric Approach: Our solutions are tailored to digital MSMEs‘ unique demands and goals since we value establishing long-term customer relationships.

Overall, choosing ValueCoders can help MSMEs achieve their digitization goals with expertise, cost-effective solutions, quality, reliability, timely delivery, and a customer-centric approach.

Also Read: Top 20 Digital Transformation Companies You Must Consult

Conclusion

Digitization is no longer simply a choice for MSMEs; it is necessary for success and survival. Digital MSMEs may save costs significantly while enhancing marketing and sales, increasing efficiency and production, and improving customer service. 

But digitalization also comes with several difficulties, including a lack of technological know-how, a need for more funding, and worries about data security. MSMEs could follow best practices, such as creating a plan for digital transformation, using cloud computing, and putting strong cybersecurity measures in place to overcome these obstacles.

As a leading technology partner for MSMEs, ValueCoders is committed to helping businesses achieve their digital transformation goals. Our expertise, cost-effective solutions, quality and reliability, timely delivery, and customer-centric approach have helped numerous MSMEs succeed in their digitization efforts. So, if you’re an MSME looking to digitize and transform your business, contact ValueCoders today and let us help you achieve your digital transformation goals.

The post Digitize to Succeed: How MSMEs Can Benefit from Digital Business Practices appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.

In the current world, the importance of digital transformation can’t be understated. It’s time to take it from a concept and make it real in your company by investing in new technologies or processes that will better serve customers’ needs, which are what will help attract them even more so than before because you’re providing an experience they need instead just giving away something for free as many companies do nowadays!

Image source

Are you wondering why I should embrace digital transformation?

Actually, there are so many reasons compelling businesses to embrace digital transformation.

For any company looking to make the leap into a digital economy, one of its key components must be customer service. And when it comes down to making customers feel understood and appreciated for who they are as individuals with needs that go beyond what can be solved by software or hardware alone? It’s not only important but absolutely necessary in order to achieve total success.

A successful business thrives on happy clients — which means understanding them better than anyone else does right off the bat because you’re going up against competitors just like yourself vying over those sweet spots where people spend most freely (and often).

From all of this, it is clear that digital transformation is very critical for businesses in this age to thrive and continue making business. That’s the reason digital transformation consulting is highly sought-after. Among all of this, AI is expanding its reach and providing various incredible solutions for different applications.

Also, Watch Our Video on How AI Impacting Digital Transformation:

Ways AI Can Impact Digital Transformation Strategies’ Success For Organizations

1. Better Understanding Into Customer’s Preference

AI is helping to more precisely define customers’ preferences and needs, leading them into a deep understanding of who they are. This allows organizations that succeed with digital transformation projects from the beginning have better customer loyalty rates as well as improved satisfied clients based on having an accurate persona-based marketing strategy in place at launch time.

AI helps companies get closer than ever before by looking beyond surface-level similarities between people while also analyzing potential problems or barriers before it’s too late!

Digital transformation consultant tells that by using artificial intelligence tools like IBM Cognitive Business Analytics, which uses big data analysis techniques including machine learning algorithms, among others, organizations can make sure there won’t be any bumps along with your strive to embrace it.

2. Predict Customer Behaviour & Trends

The use of AI-based algorithms is making it possible to create propensity models by persona, and they are invaluable for predicting which customers will act on a bundling or pricing offer.

By definition, a propensity model relies on predictive analytics, including machine learning, that predicts the probability an individual has in purchasing certain products based on their previous actions with other companies’ marketing campaigns leading them towards conversion rates such as conversions upsell/cross-sell, etc.

Propensity models have proven themselves very effective at increasing customer retention while reducing churn percentages because not only does all this help you retain your current clientele but also potentially attract new ones through better targeting techniques via characterizing each person’s personality type so there can be more relevant communication.

3. Data-Driven Marketing Insights

AI has made it possible for businesses and marketers alike to take advantage of data-driven marketing tactics. Data-driven strategies are becoming the forefront in identifying your customers’ needs as well as predicting their future behaviour with greater accuracy than ever before, all without human intervention!

When a digital transformation company uses AI to bring in more data-driven insight, it ensures that it brings the most optimal & accurate insight. The power behind artificial intelligence also enables companies like Facebook & YouTube who rely on ads to provide better targeting options which lead us into an era where cost efficiency can be observed across key tasks such as media buying or even customer service responses. It all happened just because of AI.

Image source

A new technology called AI can be used by producers to increase their sales. The use of machine learning allows for the analysis and presentation on why consumers are not buying certain products, as well as what they might need in order make up these purchases more easily accessible through an innovative design that caters specifically towards them with lower costs associated due to efficiency gains from decreased waste production.

Read Also: Artificial Intelligence Vs. Machine Learning Vs. Deep Learning: New Ethics of Future Advancement

4. More Consolidated Security

AI is revolutionizing how organizations digitally transform their security strategies. This is because the threats to customers’ identities and personal data continue to proliferate. It’s rare you hear any digital transformation strategy prioritize securing people over Programs or Processes (PIPs).

However, the exception maybe with the BMC ADE framework, which recognizes just how integral it can potentially become in order to attain that positive customer experience — one thing they want more than anything else!

The reason for this change comes down not only from an increased need among businesses these days. Instead, it is because of the individuals who are already so wary after many high-profile hacking scandals. It is where consumers had sensitive information leaked online without even knowing about them beforehand except through other means such as articles.

5. Seamless Customer Service

The future of customer service is AI-powered. Gartner reports that companies who embed artificial intelligence into their engagement centres will experience a 25% increase in operational efficiency while also revolutionizing how care is provided for customers.

A perfect use case gave the lack or limited data available on current contexts via digital transformations strategies within eCommerce sites or brick-and-mortar stores where people can be served remotely if the need arises; this information would make all aspects more insightful and better tailored towards individual needs.

Digital transformation companies in India are testing the capabilities of AI for customer services in different industries by implementing customer interest tracking and chatbot.

Image source

6. Better Decision Making

For many businesses, the process of making decisions is difficult. With so much data available and no time left in their day for sifting through all this valuable information. So, it becomes hard to know what should be done next with your company. In fact, there are other things you wish could get back onto the track like marketing efforts or sales goals that haven’t yet been.

It is reached by way of prioritization discussions among employees at headquarters (or wherever). When using artificial intelligence as an innovative toolkit within these types of decision-making processes. It will not only let managers find themselves more confident about future prospects due. Besides, a deft digital transformation consultant can help you curate better ways to employ it for organizational decision-making.

7. Tracking & Traceability

The power of artificial intelligence is amazing. It can be used to identify patterns in large scopes data, helping organizations improve where needed with minimal time investment and providing insights about an organization that might otherwise go unnoticed or unheeded by those involved.

The benefits being derived from AI-powered systems are numerous: identifying inefficient processes while also saving money on unnecessary costs; gaining visibility into entities who have been previously difficult for managers to oversee due to their geographical dispersion across the globe (no matter how small); Improving decision-making abilities through automation which reduces human error rates significantly.

Owing to that, most supply chain companies embrace digital transformation consulting to leverage AI to improve their workflow.

8. Empowering People

There is a strong fear that the rise of AI might be humanity’s end. But it couldn’t be much further from reality. Though still an emerging technology with limitations and vulnerabilities in its programming. And, it needs to improve for humans as well as other machines alike.

Artificial intelligence could potentially make our lives easier by making things more efficient or personalized at times depending on what tasks need doing — including those involving Digital Transformations such as ones where we’ll see faster processes achieved through automation, saving time & money while empowering people along the way too.

So ultimately, both sides benefit. Humans get their jobs done better than ever before.  Thanks largely due-in part because there will no longer have been any human effort required. And AIso who now have greater autonomy over how they do.

9. Improved IT Infrastructure

Evergreen IT infrastructure and integration is the new standard. This is because organizations capitalize on insights gained from AI to better scale customer experiences. Flexible, quickly adapting systems are needed for every aspect of a company’s supply chain: supplier onboarding; quality management (in case something goes wrong); strategic sourcing — getting an edge over competitors because you know what they need before it does!

This means updating your ERP or purchasing platform with features like voice recognition software. Hence, employees don’t have to take orders orally anymore-and maybe even use facial recognition at some point too.

Image source

Read More: IoT vs AI: The Difference Between the Internet of Things (IoT) and Artificial Intelligence (AI)

10. Cost Reduction & Higher Productivity

AI is making a significant impact on the manufacturing industry.  It is reducing up to 20% of the conversion costs. New research from BCG suggests that producers will get more productivity. This will also help to generate additional sales.

This is because they can develop innovative AI products tailored for specific customer needs in shorter lead times. These products are based on the process automation concept that uses computer vision algorithms or related technologies like machine learning.

Wrapping Up

Keeping customers, employees and partners informed about digital transformation initiatives is a good way to earn trust. In these uncertain times, transparency matters more than ever before. Hence, organizations should be transparent with their communication plan when creating any new framework or strategy. It will help them to fit well alongside COVID-19 pandemic response frameworks.

The Modeling Framework is an excellent example of maintaining vendor relationships during public health emergencies. If you want to leverage AI to carve a mind-blowing digital marketing strategy, you should adapt for digital transformation services. However, you need to ensure to connect with a digital transformation company deft in employing artificial intelligence in different scenarios.

The post How Artificial Intelligence Is Redefining Success Of Digital Transformation Strategies? appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.

Clearly, digital transformation is the need of the current era that businesses need to adapt. By now, 21% of companies believe that they have accomplished digital transformation. Actually, the dependency of humans on gadgets is increasing every day, and now a number of organizational tasks are done through devices and largely using the internet.

Owing to that, businesses can largely benefit from digital transformation. It can speed up business operations and help people navigate through different processes. Have you heard of digital transformation?

If yes, you would already know that strategy-led changes can make your business landscape better by enabling you to adopt digital tools, applications, and devices making your workflow seamless.

In short, business transformation is unarguably a beneficial tactic that every organization should adopt. If you also want to relish the benefits of digital transformation in terms of growth and revenue, you can acquire aid from digital transformation consulting companies. But! partnering with the right organization is critical to adopt optimal and revenue-boosting digital transformation strategies.

To help you out, here I have prepared a list of the top 22 digital transformation companies. I have prepared this list by considering the experience and expertise of companies in digital transformation and consulting. So, let’s take a glance at the best companies.

Best Digital Transformation Companies To Hire In 2023–24

1. Coastal Cloud

It is an expert digital consulting company for marketing, sales, commerce, community, Billing, and various different aspects of the business. The company is headquartered in Florida and helps its clientele to move away from costly, inflexible, and worn-out legacy systems.

It helps businesses to embrace the new generation solutions that help organizations to accomplish their business goals. Coastal Cloud has expertise in program management, business analysis, data migration, project execution for a successful migration to generation technologies.

Rating: 4.9/5.0

Industry Expertise: Communication, Manufacturing, Healthcare, Private Equity, High Tech, Public Sector, Non-profit.

Offered Services: Marketing, Sales, Service, Data & integration, Finance, Accounting & ERP, Customer Success.

2. ValueCoders

ValueCoders is one of the leading companies for digital transformation services in India that offer cost-effective, high-quality, and technology-driven digital transformation assistance to SMEs, startups, & enterprises.

The company has more than 18+ years of experience and has delivered 4,200+ successful produces to its worldwide clientele. Due to its best-in-class aid, the company cherishes 97% client retention. No matter if you are looking for agile development or software outsourcing services, the company ensures to deliver positive results with the first time right approach.

Rating: 5.0/5.0

Industry Expertise: Healthcare, Travel & Hospitality, Media & Entertainment, Banking, Retail, Logistics, Media & Entertainment, and more.

Offered Services: Custom app development, IT Strategy & Consulting, Digital Transformation, Dedicated Teams, Quality Assurance, DevOps Consulting & Engineering, and more.

3. PixelCrayons

PixelCrayons excels in delivering end-to-end digital transformation solutions that encompass strategy formulation, technology implementation, and ongoing support. Their expertise extends across multiple domains, including cloud computing, mobility, data analytics, cybersecurity, and more. Leveraging the latest technologies and industry best practices empowers businesses to streamline operations, enhance customer experiences, and drive innovation.

PixelCrayons’ track record speaks for itself. They have successfully partnered with businesses of all sizes, ranging from startups to enterprises, across various industries. Their portfolio showcases diverse digital transformation projects, demonstrating their versatility and ability to adapt to different business environments.

Rating: 4.9/5.0

Industry Expertise: Healthcare, FinTech, Logistics & Transportation, Education & eLearning, Retail & eCommerce.

Offered Services:  Web Development, Ecommerce Development, CMS Development, Mobile App Development, Custom Software Development, and more.

4. LeadMD

LeadMD is one of the well-known digital transformation services providers that has created a trusted name by helping 3,000 high-growth companies. It majorly focuses on enhancing the sales & marketing practices of companies.

The company only chooses the best technologies and craft unique strategies and tactics that help businesses to succeed through embracing practices that directly boost revenue generation and higher productivity. It allows businesses to leverage platforms like Marketo, Salesforce.com, Engagio. that allow you to achieve uncommon success.

Rating: 4.7/5.0

Industry Expertise: Hospitality, Retail, Healthcare, ECommerce, Information Technology, Logistics, and more.

Offered Services: Marketing Automation, CRM Implementation, Analytics & BI, Content Platforms, Sales Enablement, and more.

5. Next Consult

It is a well-known digital transformation strategy consulting firm that focuses on Salesforce solutions. The team has decades of experience in supporting its clientele throughout the salesforce journey. The company excels in its expertise in scoping out the best solutions during the sales cycle and providing effective solutions on time and on budget.

Its clientele range from SMEs, enterprises, non-profit, large-scale businesses, and complex enterprises spanning the technology. The company is passionate about helping its clients adopt modern tech and solutions that are not just elegant but offer efficiency and higher scalability. Moreover, the solution provided by the company also helps in higher-achieving returns on investment.

Rating: 5.0/5.0

Industry Expertise: Manufacturing, Healthcare, Media, Telecommunication, Retail, Financial Services, and more.

Offered Services: Strategy development, Operations, Human Resources, Marketing, Information Technologies, and more.

6. Navisite Services

Navisite is one of the top digital transformation companies that accelerates IT transformation for a number of established global brands. Its technical knowledge and strategic relationships allow its clients to acquire aid from well-known Google cloud consultancy with proven delivery methodologies and a worldwide network of highly specialized experts.

The company provides incredible capabilities and practical guidance to its customers, and they successfully embrace the IT changes and achieve higher business growth. Navisite Services has more than 20 years of experience and has deployed the best business intelligence and cloud services.

Rating: 4.7/5.0

Industry Expertise: Business services, Education, Energy & Utilities, Healthcare, Financial, Retail, Manufacturing, ISV Services, and more.

Offered Services: Application Services, Cloud Services, Database Services, Data Analytics, Infrastructure Services, Cloud Marketplaces, and more.

7. ATG Consulting

Advanced Technology Group is a leading digital transformation services provider company. Being a global leader in Quote-to-cash advisory, implementation and providing managed services to enterprises, SMEs, and Fortune 500 companies.

It helps brands achieve higher agility in the software-as-a-service economy. It is employing its domain expertise and refined delivery accelerators to bring contemporary solutions into digital reality and deliver its clients the best revenue-generating technology system. ATG is celebrating its position as a leading cloud service provider and helping its clients accelerate successful outcomes.

Rating: 4.6/5.0

Industry Expertise: Manufacturing, Retail, Media, Healthcare, Business Services, Education, Finance, and more.

Offered Services: Advisory Services, Application Support Services, Implementation Services, and more.

8. Optimum

It is a full-services digital transformation consultant company offering outstanding aid via the power of innovation and automated processes. The company offers a full suite of services and solutions, including custom software development, Power BI, and business intelligence services.

Its services across the field of Data Warehouse system integration, Blockchain development, AI consulting, smart tech has been admired for excellence. The team at Optimum is passionate and enables organizations to achieve an impactful business outcome by reducing operational costs and greater compliance.

Rating: 4.9/5.0

Industry Expertise: Retail, Healthcare, Travel, Hospitality, Education, IVS Services, Supply Chain and logistics, and more.

Offered Services: SharePoint Solutions, Business Intelligence, Business Process Automation, Application Development, Project Management, and Business Consulting

9. Savvy Apps

Savvy is one of the top digital transformation companies that help businesses to design, build and grow using modern tech, including Android, iOS, and web. The team has created a name in the marketplace with its humbled work with brands like PBS, Levi’s, Motley Fool, and more.

It allows you to use disruptive tech combinations that enable businesses to improve processes, operations, organizational productivity, and revenue generation. Its team of highly proficient product managers, developers, designers, and growth experts devise strategies that allow them to achieve great results.

Rating: 4.9/5.0

Industry Expertise: Media, Retail, Staff Acceleration, Business Services, Non-profit organizations, Healthcare, Digital Marketing & Sales, and more.

Offered Services: Strategy, Design, Software Development, Marketing, and more.

10. Right Point

Right, Point is a reckoned digital transformation agency and a subsidiary of Genpact. It helps organizations to offer eloquent customer experience by infusing modern tech in core offerings, including end-to-end solutions that allow businesses to deliver one-of-a-kind solutions.

Its team of more than 700 developers, designers, technology experts over nine offices work with its clientele to help design their vision and engineer the end-to-end experiences. Moreover, the designed solutions help in delivering core offerings to end customers. They mainly focus on helping clients succeed in infusing tech at the core of organizational processes.

Rating: 4.9/5.0

Industry Expertise: Supply Chain & Logistics, Media, Healthcare, Business Services, Retail, Hospitality, Education, and more.

Offered Services: Design, Development, Strategy, Business intelligence, and more.

11. Valtech

Valtech is a global digital transformation agency focused on delivering the largest pool of skill set across 45 offices in 16 countries. The company is engaged in developing orchestrated, perpetual and seamless experiences that provide an incredible and seamless experience to customers.

The company is known to combine design and technology that cohere incredible marketing craft and strategy in all stages of the business lifecycle and deliver unique services that outclass speed, value, quality, and more. Its model leverages global intelligence and delivers a solution that caters to continuous improvement across the digital world.

Rating: 4.8/5.0

Industry Expertise: Healthcare, Retail, Ecommerce, Supply chain, Hospitality, Education, Travel, Media, and more.

Offered Services: Connected Experience, Content & Campaigns, Experience & Commerce Platforms, Emerging Technologies & innovation, and more.

12. Kellton Tech Solutions

Kellton Tech Solutions is a top digital transformation company that helps businesses adapt to modern technology, but it also helps you with your software development projects. This means the company can guide your business in an area of development.

It has expertise in web development and app building, which are two of the most important areas for any business to focus on. It also offers services in the areas of digital marketing and branding, which is important for any company that wants to succeed today.

Clutch Rating: 4.7/5.0

Industry Expertise: eCommerce, Healthcare, Retail, Hospitality, Education, Supply chain, Media, Travel, and more.

Offered Services: Cloud Computing, IT Services and Solutions, ERP, Mobility Solutions, Enterprise Applications, Web-based Consumer, Customized App Development, Drupal Development, Digital Transformation, and more.

13. Clarion Technologies

Clarion Technologies is one of the best digital transformation companies in India. The company offers a range of services, including mobile app development and design. This is one area that companies need to focus on if they want to succeed today, and Clarion Technologies can help you develop the right apps for your business.

It also helps with branding and digital marketing campaigns — two other areas you should be focusing on as a modern company — along with cloud computing and other services. The company has worked with a range of clients, including GoldenComm​, Topline Systems, Soft Tools Pro.

Clutch Rating: $25 — $49 / hr

Industry Expertise: Enterprise Software Development, Healthcare, Financial Services, Education, Hospitality, Retail, and Consumer Product.

Offered Services: Content Management Systems, Web Development, Application Maintenance, Quality Assurance, Rich Internet Applications, Offshore Product Development, Cloud, Software Testing Services, Information Security, and more.

14. Hakuna Matata Solutions

Hakuna Matata is a top digital transformation company that helps businesses with their IT projects. It has the expertise to help your business leads in today’s market, and it promises transparency throughout its processes so you can always be up-to-date on what is happening with your project.

It also offers strategic consulting services for companies looking to improve their business. This is a crucial area for businesses to focus on because the world today is very competitive, and it can be hard to get ahead without help from an expert in this field who knows how everything works.

Hakuna Matata also offers technical support services that ensure you always have IT staff available when you need them, which can be difficult to find in today’s market.

Clutch Rating: $25 — $49 / hr

Industry Expertise: Banking and Financial, Retail, Healthcare, Media and Entertainment, eCommerce, Travel, and more.

Offered Services: Mobility, Web Development, Content Management Systems, eCommerce, Quality Assurance, Application Maintenance, Offshore Product Development, Cloud, Software Testing Services, Information Security, and more.

15. Mphasis

Mphasis is a top digital transformation company that offers services in the areas of business consulting, technology consulting, and infrastructure management. This means it can guide your business toward many different kinds of changes that will help you become more relevant today.

The company has expertise in many different areas of development that makes it a valuable resource to consult. It is an outstanding choice if you want to ensure that modern technology will be implemented properly into your company’s infrastructure or if you want to become more relevant in the marketplace.

Glassdoor Rating: 3.6

Industry Expertise: Banking & Financial Services, Healthcare/Life Sciences Organization, Manufacturing/Heavy Industry, Retail, Telecommunications, Media & Entertainment.

Offering Services: Business Consulting Services, Technology Consulting Services, Infrastructure Management Services, CI & R, Digital Transformation, Cloud, Applied Technology, IT Services, and Solution.

16. Cisco systems

Cisco Systems is a top digital transformation company that offers many different kinds of solutions to help your business become more relevant today. The organization has a lot of experience in new technological advancements, and it can help you implement those changes into your infrastructure as well as make sure they are successful.

It has many different areas of expertise, making it the perfect choice if you are struggling to figure out where your business should focus. Changing technology is not easy for businesses because it changes so rapidly, but consulting with Cisco Systems can help ensure that change happens smoothly and quickly enough to keep up with other companies in your industry.

Clutch Rating: Undisclosed

Industry Expertise: Banking & Financial Services, Energy & Utilities, Healthcare/Life Sciences Organization, Manufacturing/Heavy Industry, Retail.

Offered Solutions: Networking, Data Center, Wireless, Virtualization, Security, Unified Communication, digital transformation consulting services Cloud, Collaboration, Unified Computing Systems, and more.

17. Rapid Acceleration Partners

Rapid Acceleration Partners is a top digital transformation company that focuses on helping its clients to achieve their goals. The developers of the company are well-versed in modern technology and can help your company make the changes needed to find success today.

Moreover, firms help you create a web presence that will allow your company to gain more clients. It offers services in the areas of digital marketing and brand development, so if you want to make sure you’re focusing on these two essential points, then this is the right choice for your business.

Clutch rating: 5.0

Industry Expertise: Finance & Banking, Real Estate, Healthcare/Life Sciences, and eCommerce

Offerings: Enterprise Automation, Practical AI, AI Pipeline Orchestration, Intelligent Process Automation, Content Intelligence, Workflow Automation, AI Solutions, Machine Learning, RPA, Structured Data Extraction, and more.

18. Hidden Brains

Hidden Brains is a top digital transformation company that has deep knowledge of modern technology and can help your business to become more relevant today. It helps you develop new software, implement better systems, integrate different kinds of technologies together, etc.

The developers at the firm are able to guide businesses in these areas because they have vast expertise in many different fields. They can help you adapt to modern technology, and they can also create new software for your corporation, which is essential if you want to remain competitive in today’s marketplace.

Clutch Rating: 4.6

Industry Expertise: Banking & Financial Services, Healthcare/Life Sciences Organization, Manufacturing/Heavy Industry, Retail, Telecommunications, and more.

Offering: Embedded Solutions, Mobile Application Development, IT Consultancy, Web Development, Big Data Analytics, Quality Assurance Services, Enterprise IT Solutions, IoT, Wearable App Development, Cloud & DevOps, AR/VR, and more.

19. Code Zero Software

Code Zero Software is one of the top digital transformation consulting firms that offer expertise across the board. This means that it can help your business create a relevant digital presence whether you want to improve on an existing site or develop new apps for modern devices.

The company is known for its client-centric approach, which makes it different from other companies that tend to focus on their own needs. It is known for ensuring that your company gets the best service possible, and it will help you to take advantage of modern technology in a way that makes sense.

Clutch Rating: 4.8

Industry Expertise: Healthcare/Pharma, Retail, Manufacturing & Industrial sector, Education, eCommerce, Financial Services.

Offering: S teelBrick Billing Implementation, Business Process Design and Optimization, Enterprise Architecture Strategy, Data Migration, Digital Transformation, Partner Relationship Management, Salesforce Billing, Product Rationalization, and more.

20. ebankIT

ebankIT is one of the best digital transformation companies that specializes in offering high-level IT solutions. The company developers will help you create the best software possible when it comes to modern technology, which will ultimately help your business grow day by day.

The experts working here can handle any small to big level project, so you can always trust the organization to guide your business in the right direction. Moreover, the development team is experienced in working with many different types of projects mobile app development to product maintenance.

Glassdoor rating: 3.5

Industry Expertise: Transportation & Logistics, eCommerce, Financial, Healthcare, retail, and more.

Offering: Omnichannel Innovation, Banking Products, Internet Banking, Contact Center, Branch Front Office, Commercial GPS, Account Management, Mobile Apps, Internet Banking, Wearable Technology Apps, Voice Banking, Biometrics, and more.

21. Verusen

Verusen includes skilled digital transformation consultants that can help businesses complete any sort of project on time. The company better understands your requirements; moreover, it can implement the proper and suitable technology for project success.

The firm has years of experience in the field of the IT sector and will help your company grow no matter what type of change is being implemented.

Glassdoor rating: 5.0

Industry Expertise: Industrial, Manufacturing, Retail, Transportation & Logistics

Offerings: Inventory Management, Artificial Intelligence, Supply Chain Technology, Data Management, Big Data, Data, Supply Chain, Manufacturing, Industrial, SAP, ERP, and more.

22. Aisera

Aisera is one of the top digital transformation companies that help businesses adapt to modern technology. The company works with customers in order to improve their existing business model through changes, which can result in more revenues.

The experts here are experienced in many different fields of development, so you can always trust the organization to help your business become more successful today.

Glassdoor Rating: 4.3

Industry Expertise: Healthcare/Life Sciences, Manufacturing/Heavy Industry, Financial

Offering: Embedded Product Development Services, IoT Solution Deployment & Integration Services, Data Analytics, Secure Connectivity, Custom Wireless Networking, and more.

Wrapping Up

These are major digital transformation services providers currently, which are delivering incredible innovation and tech solutions to enterprises; you must know that embracing modern tech is a critical need to continue delivering the best customer experience and keep on generating revenue.

The mentioned companies are best as per my research and understanding; you can pick up any of these to reinvent your business landscape and cater to customers with futuristic and engaging solutions. To secure more incredible solutions, you can also connect with a software outsourcing company that crafts unique solutions.

The post Top 22 Digital Transformation Companies You Must Consult To Adapt Modern Tech appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.

According to a Google search of “Digital Transformation,” produced 513 million results. Here’s the dilemma, start: What does it mean? Do I need to understand? How do I proceed?

Every second person in the corporate world is talking about digital transformation. So WHAT IS DIGITAL TRANSFORMATION? Well, the most genuine answer would be how it impacts individuals or enterprises. 

To elaborate that better digital transformation in business is –rags from the riches-like effect on the Internet platform.

We are expecting that this blog will clear inhibitions and address possible queries if any. 

I’m classifying on these parameters :

How Digital Transformation Matters?

As said, the road of digital marketing is a never-ending destination; however, there are small junctures in-between which determines each goal. The purpose of digital transformation is to improve the existing business process and reap benefits. Suppose you hire top digital transformation consulting firms for digital success. You’ll have this opportunity to share your ideas with the best business brains. It leaves a catastrophic effect on business and evolves in a way to remain competitive in the industry. If you’re not changing, the chances are that your competitor will overtake strategies. 

According to Bain & Company, a study shows that only 8% have been able to achieve destined business goals from their investments in digital technology.

Leaders apart spend more on transforming their businesses instead of just running them—one of the strategies in which organizations adapt to ever-changing industries and improve their operations.

Let’s also talk about the benefits of Digital Transformation:

The global digital transformation market is expected to grow at a CAGR of 22.7% from 2019 to touch $3,294 billion by 2025. While the ROI of digital transformation depends on various factors, the right technology can significantly improve how your business functions and customer engagement?

Increases Productivity While Reducing Labor Costs

Perhaps the evergreen digital marketing concept. Using the Internet platform is one of the impactful ways to transform business. For enterprises, time and money spent on promoting products & services could be checked using defined tools; one can keep costs down and enhance productivity.

Improves The Customer Experience

It is the experience that drives the lead into business. So how to seize that moment? Now the evolution of social media emerged as a great tool to woo tech-savvy customers. 

Tech-savvy customers seek great experience through various channels ——- mobile apps, social media, email’ live chat, etc. By all measures, digital transformation is the driving force behind the enthralling users’ experience.

Makes You More Competitive in Your Industry

Competitors always follow your footprints when it comes to digital transformation consulting for maximum gains. Embracing digital transformation techniques convey that you don’t mind leaving them behind.

What is A Digital Transformation Framework?

Design a framework that helps and manages, and seeks transformation will go a long way ahead. The model maintains a balance between seven elements: strategy, structure, systems, skills, shared values, style, and staff.

You can learn how you borrow from proven management models. You’ll witness that creating a digital transformation network IS EASIER THAN THOUGHT.

Since digital transformation has many aspects——- training, technology, people, etc.—If you’re aiming for a new tool(system), you can overlook the need for additional employee training(skills,

staff).

Challenges of Digital Transformation 

Well, transformation is not only about riding a Lamborghini on an expressway. It can have some hurdles and challenges too. You might need a problem you need to fix. However, when you identify challenges, you can determine which part of your business needs dedicated attention.

Common digital transformation challenges include:

• Ever-changing customer experience
• Keeping abreast with technology
• Increasing productivity & maintaining quality
• Becoming more competitive in the industry
• Spike in sales/profit

How To Drive Digital Transformation?

Clarity & Commitment 

In cut-throat competition, making strategy does wonder to your digital fortunes—Digital marketing is one of the trades that often require cross-financing, flexible decisions, and causing delays. By adopting digital metrics into business-unit goals, investors can seek cross-functional alignment and commitment.

Digital versions are often unclear as the evolving nature of technology keeps everyone on their toes. Using the right metrics, one can unblock resistance to change as a significant software major firm. By switching the metrics to units sold, the company creates a spike in sales rate to drive the business ahead.

Suppose you are firm with your ideas & beliefs. In that case, you can look for digital transformation consulting services to give a catastrophic result and ensure your ideas & strategies complement your goals.

Workplace Of The Future 

So What does it mean? Creating the workforce of the future means planning for the dynamic future. The transition of the flexible and scalable resource models is helpful in —-the investment of digital skill development and remodeling workplace scenarios where technology augments each other in customer-facing aspects.

Digital affects organizations at functional, operational, and resource levels, often in the most astonishing manner. Mid-size office supplies help switch to a customer relationship management (CRM) platform initiates a series of unanticipated changes, including setting up a new sales operations function, outsourcing unmanaged sales, reorganizing key accounts, making external hires, and re-aligning roles & responsibilities across various customer-facing parts.

Digital Portfolio 

It is hard to imagine a digital transformation service company without a website, mobile app, social media presence, and essential digital toolkits. Since it is necessary to stay relevant and competent, each company must go further to ask. How to exploit newer technologies to make a stronghold in the market? The challenge for native digital businesses is to reap benefits from all available channels; however, it is a brick-and-mortar business; the challenge is how to harness the advantages of multi-platform traffic. What is the right digital/physical mix for your business?

Continuous research & development results in advanced personalization, learning intelligence, and implementation expertise, transforming the product into a profitable software-as-a-service portfolio.

Digital Marketplace

Digital participation is equally important if you want to enhance the digital economy. It needs foresight, leadership, speed, and sharp business. Making the right decisions in the nick of time determines competitiveness and profitability. Leaders worldwide hold critical positions in shaping the digital economy by providing thought leadership, building advocacy, and engagement with digital communities.

As technology development cycles shrink and tech-biased Millennials drive consumption and business decisions, it will compel them to digitize continuously. Therefore, it is to re-position digital transformation as a sustainable investment strategy much like product R&D, rather than a one-time fix aimed at bolting the latest technology.

A longer-term view will shift the focus to building the critical underlying capabilities needed to thrive in the digital economy, which many companies lack today.

The Different Stages of Digital Transformation 

Together, the six stages provide a guide for purposeful, results-driven transformation initiatives.

Business as usual, status quo — The current state of your organization

Present and active —  A phase where the experiment is carried out in the organization when you encourage creativity and improve digital literacy skills

Formalized — Experimentation in the right direction goes intentional, initiatives become more evident, and you start looking for leadership buy-in.

Strategic —  Group start sharing their research mingle to devise strategic plans for transformation.

Converged —  A dedicated digital transformation helps the team guide strategy, establish goals, and put the system in place to invoke a turnaround.

Innovative and adaptive — Digital transformation is an essential business aspect where the system monitors technology & market trends to continue to evolve.

What is a Digital Transformation Strategy?

A digital transformation strategy helps in planning, introducing, analyzing, and driving a digital transformation initiative. The process will help define goals to achieve digital transformation.

With an effective digital transformation strategy, you’ll create a framework and follow an ever-evolving process. But before you begin, you should know what you are hoping to achieve that helps designate KPIs to track.

You probably require high-level metrics for measuring adoption: log-in rates usage, data quality, and business performance.

In this case, you might drill down further and monitor metrics such as:

• Monthly sales volumes
• Opportunities created
• Sales productivity (e.g., time saved, the volume of sales activity per rep)
• User log-in rates
• Prospect account with key fields populated

A well-thought-out strategy helps address what kind of effect it will have on customers and employees. Announcing and supporting the transformation will help generate momentum. Regular feedback from various resources also keeps the ball rolling.

So Now can we discuss the famous 5 Digital Transformational Technologies: 

Here are some of the modern age IT transformation to boost your digital aspirations :

• Mobile phones and apps
• Cloud computing
• Internet of Things (IoT)
• Digital twins
• Artificial intelligence/machine learning

Don’t forget to include your team’s accomplishments as part of your progress tracking. Whether you’re pointing out a quantitative achievement, e.g., a 10% increase in user log-in rates or qualitative, e.g., Beth created a Slack group to answer questions about the transformation – celebrating milestones throughout the process is essential.

Customers and employees in tandem will turn to people, initiate the transformation, and gain knowledge when they need to be successful. So it is up to you how you provide the necessary tools.

All such tools are available in many forms, but if you aim for a digital transformation, the chances are that digital transformation services will be handy to support the turnaround. Since e-learning tools are in great demand, will you give it a thought to e-learning tools? Video access will provide you the leverage to adapt quickly, a digital adoption platform to save your effort down the line.

Take a look at a few digital transformation examples across industries.

The Pillars of Digital Transformation

1. Make decisions: Data is the key that drives digital transformation strategy starts with data; customers are obliged to capture data and leverage it to make intelligent decisions. Transformation starts with data, and companies need to capture customer data and leverage it to make smarter decisions.

3. Engage Customers: Customer-centricity is the key to make a business successful. You can go ahead and unleash the power of digitalization, and the aging process doesn’t work—– the process varies and takes a new shape keeping the customer in mind. The goal is to streamline the key customer touchpoints to increase speed, minimize efforts and increase ROI.
4. Engage employees: BRIDGING THE GAP empowers employees with the right set of tools, enabling collaboration around a single source of truth. The focus should augment the workforce, maintain the right skills, tackle new challenges, ensure a learning and development platform, and prepare for a rapid transformation.
5. Become digital-first: For digital aspirations, your efforts should look digital too. Businesses should shift from IT departments to enterprise platforms that can absorb the latest technologies. Processes, datasets, data integration, and apps are shared across the company to ensure trustworthiness. Technology vendors are partners more than just suppliers.
6. Expedite Social Welfare: Business is the right platform to make changes. With solid leadership, measurement and reporting will play a vital role in a pandemic when we all look forward to mitigating the deadly virus. Through digital transformation services, one can discuss real-time issues and spread awareness amongst people. You can support your employees by providing them with programs that empower them to act.
   

   ---

   Let’s Discuss Your Project

   Get free consultation and let us know your project idea to turn it into an amazing digital product.

   Talk To Our Experts

How to Measure ROI on Digital Transformation?

Digital transformations require investments of both time and money, so it’s essential to have a system in place to measure the return on investment (ROI).

To establish how you’ll measure and track your digital transformation’s success, follow these three steps: A digital transformation consulting firm can go a long way ahead in meeting ROI goals.

Set goals — What does success mean to you? What is your ideal outcome?

Establish Key Performance Indicators (KPIs) — What metrics will you monitor? How will those metrics tell the story of your digital transformation? What level of KPI growth are you hoping to achieve?

Monitor progress — What types of reports will you use to keep an eye on your KPIs and the progress of your transformation? How often will you run reports and manage strategies?

To illustrate how a business might apply these steps in a real-world scenario, here’s a simple example:

Goal: Decrease customer support queries without negatively affecting customer satisfaction

KPIs: Number of support queries received each day, time spent responding to support tickets, average support query response time

Monitor: Run weekly reports on KPIs and send monthly surveys to customers to gauge satisfaction

Also Read: 9 Industries Where Blockchain Can Trigger Breathtaking Transformations

Summary: 

The simple fundamental is to rely on digital methods that will open channels to augment understanding of digital marketing. Awareness & knowledge cover both —- opportunities & challenges with a digital transformation solution using innovative tools, techniques & trends.

From the entrepreneur’s overview, learning digital marketing techniques will prove a stepping stone in transforming the digital industry. But as said expert intervention matters, you can hire digital transformation service providers for a smooth business landing for enterprises. Such are the benefits of digital transformation that make it a quintessential aspect of any business. It is a bonanza of opportunities that has the potential to materialize your investment, sources, endeavors & aspiration most emphatically.

The post How Digital Transformation Is A Decisive Factor For Business Turnaround | Know Essentials appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.