In this digital age, it’s important to make sure your business has the right digital solutions in place. Digital Solutions For Business is a term used by several organizations. It’s a way to categorize all your efforts towards making your business more digital-friendly in terms of technology and solutions. But which ones are the best?

Digital Solutions for Business was conducted by the Center for Digital Business, University of California, Santa Barbara. The research was done from 2021 to 2021. 

In 2021 UNDP conducted another research, “Digital Solutions for Business,” which again showed a close correlation between the entrepreneurs’ digital literacy and the degree of business digitalization. Not only were the digital solutions related to technology, but also to human experiences and data.

The solutions examined were mainly three: digital transformation software (DTCS), mobile/web collaboration, and online presence. DTCS refers to tools used for the digital transformation of information. Web collaboration is about web collaboration tools, while mobile/web means using cell phones to access the internet.

Mobile and web collaboration refers to using electronic devices such as Blackberries and iPhones for inter-office communication. Online presence means the company’s website is visible to the outside world from a social media or professional setting. 

This can be achieved through digital solutions like email, social networks, blogs, etc. Digital transformation solutions involve a transformation of business processes (like CRM), so it should include technology and how businesses manage and store their data.

What has happened in the last 40 years? Technology has made most industries ‘wearable’. Businesses are no longer carried by one geographical location. They are connected by the digital infrastructure, which enables them to serve their customers anywhere in the world. They can also be virtual. These changes have resulted in business processes, which are being referred to as digital transformation solutions.

For example, let us take sales force automation as an example of digital transformation. This technology allows a company to hire people who will do all the manual processes to keep the organization’s contacts and leads updated. However, the interaction with the customer (or potential customer) is the main goal. What will happen if you do not have any visual proof of the progress of the sales process?

An employee may not be very efficient at keeping the sales process documented. This is because they might need help from the company’s creative department, finance department, human resources, and marketing department before proceeding. 

All these departments have their own sets of processes, which must be followed to ensure that a digital solution delivers the desired results. 

Similarly, research, creativity, and technology departments will need to streamline the research, creativity, and technology processes to improve digital business solutions. Ultimately, this would result in improved customer service and more sales.

A lot of companies have already adopted digitalization as a part of their business model. If your company is one of them, then you should start considering digital transformation today. 

You may not see significant change over the next 40 years, but at least you will start to see subtle differences. The ability to do this can determine success or failure in the industry. Don’t delay; start digitizing your business today!

When looking at what digital transformation means, one thing that comes to mind is transforming legacy systems into digital solutions. In other words, old manual processes are being converted into digital ones. 

However, some aspects are difficult to convert, such as legacy accounting systems, accounting reports, client databases, client information, and the list goes on. So, firstly you need to identify which areas are difficult to digitalize and then prioritize which tasks need to be converted.

Today, virtually every industry is using digital solutions for business. Industries such as telecommunication, finance, oil & gas, healthcare, and others have already adopted digital solutions for business over the past 40 years. 

They have achieved cost savings, increased productivity, reduced costs, reduced waste, improved customer services, and improved bottom line profits. As the next four decades progress, all industries will adopt digital business solutions.

In summary, every organization needs to consider adopting digital business solutions. 

This is because they offer several advantages:

1. It saves a lot of man-hours.
2. They are more accurate, quicker, and free from human error than manual processes.
3. They provide a competitive advantage that no other solution can compete with.