The continued growth of digitalization requires global companies to respond faster, collaborate more, and overall be more efficient. Adding the ongoing Coronavirus pandemic to the mix has given organizations a push to accelerate their digital transformation and change their business models and adapt to the new market reality.
Nowadays, digital transformation is a must for all businesses, from the small to big enterprise. As companies are searching for a cheaper, faster, and effective ways to achieve digital transformation, software outsourcing services can be a game-changing factor.
#2. What is digital transformation?
Digital transformation is one of the most important buzzwords in today’s business world. Power by speedy internet everywhere, digitization plays a critical role in adding value to your business. But is digital transformation just a fancy way of saying that the business is moving to the cloud?
Every business is unique, and digital transformation can be different for every organization. But either way, digital transformation is so much more than moving your business into the cloud. It usually involves using digital technologies to remake a process to become more efficient or effective.
#3. How important is digital transformation?
Digital transformation is rapidly changing the world in which we live and work with no sign of slowing down. With new technologies comes new markets that, in turn, create new competitors and possibilities. Simply put, to succeed in this digital world your business must provide superior experiences for your customers and employees in a faster, more agile way.
Digital transformation can impact every area of business. For example, in the finance department, technologies like machine learning can automate manual processes like invoice tracking. In the marketing department, cloud computing will make an impact on how files are stored and accessed.
But digital transformation is not just about adopting new technology. It is true that the focus of every business owner is to stay on top of the game in terms of new technologies, but a digital transformation also entails significantly changing how an organization thinks. It requires businesses to change leadership, think differently, experiment with new business models, find new revenue streams, and be comfortable with change.
#4. Advantages of digital transformation outsourcing
Access to a pool of skilled people
The growth of digitalization and globalization is significantly reducing the local talent pool, making companies turn to an alternative approach to hiring talent: outsourcing.
With the help of software development outsourcing, you can have access to the right talents and minimizing your human-resource problems.
Access to the latest technologies
It will be very difficult and in some cases even impossible to have a successful digital transformation with just in-house resources. The rapid development of technology and the shortage of skilled developers available are just two of the reasons why companies are looking for an outsourcing partner.
Having access to the latest technology and systems, and also the opportunity to have skilled development teams makes outsourcing look more attractive to organizations all over the world. With the help of a software outsourcing company, you will have access to a large area of technology and systems and most important: the opportunity to take advantage of their diverse technology expertise.
Software outsourcing companies usually come with experience in areas that are critical to digital transformation, like enterprise mobility or data science. As a result, you get to accelerate the speed of implementation.
In this digital era, more and more companies are looking for smart solutions for their business – like artificial intelligence, machine learning, IoT, or cloud computing. These technologies are helping businesses to bring highly advanced solutions to the fields in terms of automation, customer management, risk, and security orchestration. Incorporating these emerging technologies into an existing business structure often requires outside expertise. An outsourcing partner provides you vetted experts who have hands-on experience in technologies critical to digital transformation.
Attempting to transform your business process for the first time can be very challenging. IT outsourcing projects are not an easy task to manage, are time-consuming, and can become very expensive. Having a skilled outsourcing partner who has helped many other organizations go through a similar transformation will make you feel much more confident about your company transformation. This way you not only get to save time and money but also reduce the risk that comes from missteps or unforeseen complications.
Zero Infrastructure Cost
By having an outsourcing provider, you will eliminate the need for investment in infrastructure. The outsourcing partner will take responsibility for the business processes and will provide the necessary infrastructure.
Flexibility and scalability
Maybe one of the most important advantages of partnering with a specialized software outsourcing partner is the ability to control the cost of your digital transformation. Having an outsourcing provider will grant you more flexibility in terms of scaling the size of your team up and down, depending on the changing business demands.
For example, you can take advantage of a dedicated development team with specific skills for as long as you need them. This way you do not need to build an expensive in-house team just for a short period of time.
Digital transformation is not just a buzzword. It is an important step that companies need to take to remain relevant in today’s market. Having a skilled outsourcing provider that will help your business to take advantage of emerging technologies, access to cutting-edge talent, and unique expertise that allows forming a solid strategy.
If you have yet to digitize your business, you are missing out a lot. And chances are, your competitors are already into it.