The word digital was originally used to describe how data is represented in the form of binary digits, but today it has a different meaning. It is used as a generic term to characterize the use of information and technology as a value aggregator. In this context, technology is used to facilitate the delivery of this value. But when customized technology is used for multiple functions and all stakeholders in the value delivery process, it offers superior experiences and a clear business advantage for organizations.
Technologies such as cloud computing, Internet of Things (IoT), smart devices, cell phones, edge computing, artificial intelligence (AI), and others, generate a degree of sophistication in the execution of tasks that only existed in our imagination a few years ago. When thinking about a value delivery life cycle to purchase an item, we consider the complete experience of buying and delivering this item to be digital, when at every stage each responsible person performs their tasks in the most computerized and effortless way possible. Within this chain of participants, we consider the buyer, the manufacturer, the store or distributor, the operational team, even the suppliers and shareholders. If each of these participants has the necessary information to do what they need, presented in an accessible and intuitive manner, and the actual performance of their tasks is simplified to the maximum using technology, then we can call this business a digital business.
However, digitization must make sense for business. Value delivery life cycles must be mapped, and for this it is important to segregate the business process to all its constituent functions, so that sub-processes, tasks, executors and their objectives are identified. For each step, the automated form in which it can be executed and the easiest way to interact with the next interested party in the process must be visualized. Finally, it is important to validate this entire process and whether it really offers greater value and with a lower cost of execution time.
Intelligently observing and deploying these technology requirements is what it means to truly digitize your business. To invest time and money in a digital business is to become competitive in the long term.
TATICCA's technology consulting professionals help organizations progress their digital journey through a variety of services. This includes planning-stage offerings, such as digital readiness assessment workshops and Design Thinking, in addition to software development and change management. Contact us to learn more and start planning your organization's digital roadmap.
To learn more about the topic, contact TATICCA — ALLINIAL GLOBAL, which provides integrated auditing, accounting, tax services, corporate finance, Financial Advisory, Risk Advisory, technology, business consulting and training. For more information, visit www.taticca.com.br or email taticca@taticca.com.br. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.
