How is the digital strategy for your business working? Is there a proactive strategy in place, or is your IT staff constantly scrambling to keep up with the demands of the company? If your IT department is not helping the other departments to operate on the cutting-edge, then you are missing out on the digital age. If you are looking to improve on the way things are done at your company, the first step is to get acquainted with the digital benchmarking process.
Digital benchmarking is essential for planning for the future. When a business begins a digital transformation initiative, they only have a 7% chance of meeting their goals, if they don’t plan properly from the start. Compare this with data-driven companies, who we refer to as “digital champions”, widely recognized as technology leaders in their industries. The adage, “If you fail to plan, you plan to fail” rings true in this scenario.
One of the key purposes of technology is to provide a business with the tools needed to serve the customers. An IT department must ensure the availability of all these technology tools, and development of new tools as needed. This is why a part of digital benchmarking strategy is to work with key departments throughout an organization to understand their needs. There are many ways this can be done during the benchmarking process, including:
Interviewing department leads – Gathering insights from key individuals throughout your organization will help us identify exactly how various departments are relying on technology.
Analyzing competitors’ use of technology – We can analyze the way technology is used by other companies in your industry. This is done to identify what works and what should be avoided for your digital transformation.
Reviewing current uses of technology – Knowing exactly how technology is used throughout your organization is key. Based on this analysis, we can identify what is being done right and what needs to change in order to optimize the way your business operates.
While meeting the requirements of a business is essential, that is not where a digital strategy should end. A good IT department will also lead the way for new features and options for the business. Many people who are not active in the IT industry are unaware of the possibilities they can explore and act upon.
Introducing new technologies – Showing leaders throughout the business the types of technologies that are currently available to them, and the options that could be added, is an exciting experience.
Discussing tech “wishlists” – Talking to managers in your business about their expectations from technology is a profitable use of time. In many cases, things that non-tech people think would be impossible are easy to accomplish.
Looking at priorities – Discovering what advancements each department needs is a good start. Part of a digital transformation strategy, however, is also knowing what to complete right away, and what can wait until a later stage of the process.
Trianz consultants are experts at taking advanced technological concepts and presenting them in a way that anyone can understand. Discussing the latest technologies will provide insights on where your current IT infrastructure is effective, and where it needs to improve, which is an important part of any digital benchmarking effort.
Don’t leave your company’s digital transformation to chance. Contact Trianz to discuss your current situation and have our consultants come out to help with the digital benchmarking process. We have data from thousands of companies across the globe that we can use to compare your situation with. We can develop a transformation strategy based on that information that will help take your business to the next level.
Contact us to learn more about our digital benchmarking services and discover where a successful strategy can take you.
Contact Us Today
What Is an SQL Query Engine? SQL query engine architecture was designed to allow users to query a variety of data sources within a single query. While early SQL-based query engines such as Apache Hive allowed analysts to cut through the clutter of analytical data, they found running SQL analytics on multi-petabyte data warehouses to be a time-intensive process that was difficult to visualize and hard to scale.Explore
A Winning Base for Successful Digital Transformations When it comes to developing a successful digital strategy, it is not just corporations planning to maximize the benefits of data assets and technology-focused initiatives. The Government of Western Australia recently unveiled four key priorities for digital reform in its new Digital Strategy for 2021-2025.Explore
Engage Your Workforce with a Modern Employee Intranet Solution The employee intranet has changed significantly since it was first introduced in the early 1990s. What started as HTML-based static portals have now evolved into intuitive communication tools complete with search engines, user profiles, blogs, event planners, and more. Today, many organizations are taking a second look at employee intranets to bridge gaps between teams, build company culture, centralize information, increase productivity, and improve workflow.Explore
Adopting emerging cloud technologies, consolidating resources, and improving processes is the key. “IT no longer just supports corporate operations as it traditionally has but is fully participating in business value delivery. Not only does this shift IT from a back-office role to the front of business, but it also changes the source of funding from an overhead expense that is maintained, monitored, and sometimes cut, to the thing that drives revenue,” said John-David Lovelock, research vice president at Gartner.Explore
Deliver Powerful Insights Instantaneously with Federated Queries - No Matter Where Your Data Resides The concept of federated queries isn’t new. Facebook PrestoDB popularized the idea of distributed structured query language (SQL) query engines in 2013. Over the years, AWS, Google, Microsoft, and many others in the industry have accelerated the adoption of a distributed query engine model within their products. For example, AWS developed Amazon Athena on top of the Presto code base, while Google’s BigQuery is based on Cloud SQL.Explore
What is Unstructured Data? Almost 80% of the data that enterprises and organizations collect is unstructured - data without a set record format or structure. Unstructured data includes data such as emails, web pages, PDFs, documents, customer feedback, in-app reviews, social media, video files, audio files, and images.Explore