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Why digitization is no more an option

The process of digital transformation has spread to the entire economic sphere. Digitization or digital transformation, whatever the word you use for it, is no longer a choice, it has become a necessity today.

Technological advances in cloud adoption, Big Data, networking, IoT (Internet of Things), virtualization, threat detection and security have increased the demand for solutions such as data capture and other such digital services in all sectors. In today's rapidly changing business world, digitization and innovative software solutions offer the potential to create new capabilities, experience and unprecedented business opportunities for companies.

Today, most B2B and B2C interactions take place through intelligent devices. Anyone in business knows how dynamic the global marketplace is. It's easy to fall behind in this dynamic market that demands originality and constant development. Technological development is occurring at breakneck speed, and small and medium-sized businesses must be ready to keep afloat with effective digital strategies and adoption. This is highlighted in the magazine Digitalist, which calls every company a "technology company" in today's global marketplace. In order to maintain and increase their market share, companies need to innovate digitally.

Let's first look at some of the trends expected in the coming years and then see why digitisation is a necessity for companies to keep up with these new trends and demands.

Big Data Insights: Big data continues to be important and will remain so in the years to come. The IDC predicts that the "Big Data" sector is expected to reach $112 billion by 2021. By 2022, approximately 55 billion devices will be connected, according to expert analysts. As a result, more than 5 TB of data will be generated per person. The important thing is that this Big Data will be used to obtain information, which will provide the information needed to take the right steps to ensure specific business results. For example, Big Data has helped the healthcare sector by providing the information needed to develop innovative tools for clinical support. It has also helped design new reimbursement models and enables healthcare providers to provide more accurate and personalized care.

AI will gain popularity: Artificial intelligence (AI) or robotic automation is expected to take over many tasks currently performed by human workers. Robots can be used to work alongside humans to ensure greater efficiency and profitability. The combination of man and machine will bring gains for the entire organization. Artificial intelligence is a technology enough to be integrated in areas considered conservative (for example, many french accountants now only accepts clients with a 100% online accounting service, automated thanks to artificial intelligence).

But Robots can also do what humans cannot such as forecasting sales. In France, Verteego provides with algorithms sales forecasting, stock evolution forecasts, market demand.

Efforts to improve operational efficiency will increase : Operational efficiency is essential for any organization. Proper planning and execution, appropriate teams and infrastructure are important to improve operational efficiency. Organizations can only stay ahead of the competition by integrating innovation and new technologies.

The growing popularity of mobile technology: Mobile technology is changing the landscape in almost every industry. Studies show that in 2017, for the first time, the use of mobile applications has surpassed that of Internet domains. Today, you can use applications to find anything you want, any product, service or other information. In the health sector, for example, people can use health applications as diagnostic tools. These technological tools can also be used to communicate with patients, so health care organizations will need to incorporate mobile strategies as part of their digital transformation. In fact, any company that does not consider the use of mobile phones will be missing out on a major asset. Companies can benefit from real-time ERP systems designed for mobile efficiency. With such a system, business leaders can track vital information and stay informed from anywhere at any time.

Efforts to improve operational efficiency will increase : Operational efficiency is essential for any organization. Proper planning and execution, appropriate teams and infrastructure are important to improve operational efficiency. Organizations can only stay ahead of the competition by integrating innovation and new technologies.

The growing popularity of mobile technology: Mobile technology is changing the landscape in almost every industry. Studies show that in 2017, for the first time, the use of mobile applications has surpassed that of Internet domains. Today, you can use applications to find anything you want, any product, service or other information. In the health sector, for example, people can use health applications as diagnostic tools. These technological tools can also be used to communicate with patients, so health care organizations will need to incorporate mobile strategies as part of their digital transformation. In fact, any company that does not consider the use of mobile phones will be missing out on a major asset. Companies can benefit from real-time ERP systems designed for mobile efficiency. With such a system, business leaders can track vital information and stay informed from anywhere at any time.
Scanning

Consumers are looking for innovation: Customers are demanding innovation, better service models and convenience of transactions. Technological innovations will help organizations build strong and lasting relationships with their customers and suppliers. Advanced digitization will enable business leaders to communicate with prospects in real time and have the information they need at their fingertips at all times. Any organization that neglects the digital transformation could find itself isolated from its consumer base and suffer a loss of market share.

Keeping abreast of the above trends and ensuring the growth of businesses will necessarily require the adoption of digitization. It is no longer just an option. Digitization is not just a technological evolution; it is transforming business models and helping you make the right decisions and adopt the right strategies. Building a successful digital business starts with a solid foundation. To achieve digital transformation, your first step must be to transform your IT infrastructure to make it more open, software-centric and scalable. This is essential to get the information that accelerates business innovation, automation and assurance. Data is the foundation of any scanning process, and to ensure clean and actionable data, companies can always use the data cleansing services that a data capture company can provide.