Though not a new term, digital transformation is a concept quickly growing in light of the world’s recent events. Some companies crafted digital transformation strategies long before the global pandemic, but now that the majority of people are working from home, businesses are more inclined to make the switch from physical to digital. Even small business owners are making the switch, and some have made the switch within their personal lives without realizing it. So what is digital transformation, and how is it changing the business world?
Traditionally, most business is conducted in meetings, but in a socially distanced world more enterprises have started conducting meetings via Zoom, FaceTime, or simple phone calls. Digital transformation refers to the change in which we interact, and conduct business. From the physical aspect of meetings and presentations, to software that allows company collaboration via virtual reality and other digital tools. Another example, FaceTiming friends for a virtual hangout instead of meeting in person.
The transformation to digital business may seem like a complicated process, but it can be essential to an enterprise’s growth. A large part of business is building personal relationships with clients, colleagues and team members, and in the switch from physical to digital, communication has become more frequent. Efficient communication leads to stronger relationships, and can contribute to expanding an enterprise. Another helpful facet of digital transformation is the broader availability of collaborations. For example, using advanced modeling tools and virtual reality programs to share virtual design studios, which allows more collaboration from outside parties or colleagues that may not have previously been able to attend or voice opinions. This increase in the virtual exchange of ideas has created more connections between enterprises, but also redistributed competitive advantage. Companies who have previously implemented, or constructed a strategy for digital transformation pre-pandemic are now ahead in the digital business world. Digital transformation can also limit travel time, providing more flexibility when connecting with clients or colleagues.
In a technology driven world, an efficient digital transformation strategy is key to a smooth transition from the physical to digital business world. And don’t forget, digital transformation creates a rise in demand for electronics, which increases the need for a safe, environmentally friendly method of disposal. IT asset disposition enterprises like HOBI International Inc. ensure that old, retired IT hardware is adequately disposed of. For more information about HOBI’s ITAD services, call 877-814-2620, visit our services webpage, or contact us at firstname.lastname@example.org.