Top Digital Transformation Consulting Firms, Consultants, and Companies | OroCommerce (2024)

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Originally published November 27, 2020, updated January, 28, 2022

If digital transformation sounds like a hot topic as of late, that’s because it is. Our dependence on screen time, our insatiable appetite for new gadgets and applications, our frighteningly quick adoption rates of new digital tools, sooner or later, tends to spill into the business world. Businesses, particularly in B2B eCommerce, can benefit greatly by using digital transformation consultants to help them navigate through this process.

Digital transformation is a strategy-led change to migrate business processes into the digital realm. This means adopting digital automation tools, applications, and workflows to improve efficiency, performance, and customer experience. In doing so, brands achieve agility and secure competitive advantage.

Despite these gains, a digital business transformation is arguably the most difficult decision an organization is likely to make. Many businesses are not prepared for disruptions due to old-school thinking, siloed organizational structures, and little if any consideration of the big picture. Chief Information Officers and their respective IT departments must stay closely engaged with activities they support, otherwise, the digital transformation journey risks morphing into a recipe for disaster.

Not surprisingly, digital transformation is something that is plagued with an inherent dose of organizational resistance. Overcoming such resistance and change management challenges usually requires a plan, a process – which usually comes with outside perspective and help. The popularity of digital transformation consulting services is a testament to this, as brands strive to exploit digital innovations while harboring sizable reservations in doing so.

What is Digital Transformation Consulting?

Digital transformation consulting is a service that helps companies identify and implement strategic digital technologies to become more profitable and future-proof their business.

Digital transformation consultants analyze the organizations’ requirements, existing resources, and their ability to scale. Based on their findings, they recommend the right digital processes, tools, and platforms, and also develop an implementation strategy to guide a company through the digitization journey.

How Can Digital Transformation Help Grow Your Business?

It helps to think of digital transformation as a technological and cultural change that applies to all areas of business operations. Embarking on a digital transformation journey is not a sprint, but a marathon – one that is guided by the ever-shifting fabric of customer expectations, individual pain points, competitors, and market trends in a given industry.

Top Digital Transformation Consulting Firms, Consultants, and Companies | OroCommerce (2)

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As a popular proverb goes, the best time to start was yesterday, and the second-best time is now. So, it’s never too late for companies to get rid of legacy systems and build their digital muscle.

Out of the 400 C-level business leaders polled by Wipro Digital, virtually no one claimed that their digital transformation efforts were a waste of time. To understand why that is, we’ll share some benefits of digital transformation and some business cases for pursuing a digitalization strategy:

1. Improve the customer experience

Advancements in technology have changed what customers expect from brands. Companies can now use digital tools to collect critical customer data. By leveraging data analytics combined with digital technologies, like eCommerce and CRM, brands can deliver consistent, customer-centric experiences, build long-term relationships, and promote loyalty among their customer base. In doing so, companies differentiate themselves in the sea of competition.

2. Offer a better working environment

Aside from customers, employees are also attuned to new technologies. Making the step towards digitization does more than just increase productivity and efficiency in the workforce. It also empowers employees to drive innovation and creative solutions to business challenges. When employees are motivated and take on new frontiers, they remain in a constant state of learning.

3. Accelerate digitization of products and services

Digital transformation is not just about going paperless and automating routine tasks, which is something that characterized the early stages of digitalization. It now encompasses better data visibility, literacy, and analysis capabilities. With cloud computing and data centers at their disposal, companies can more efficiently track key performance indicators to discover how they can improve. By using digital products, like data analytics, organization leadership can make better-informed decisions to drive desirable business outcomes.

4. Remove guesswork around marketing efforts

How do you get the most bang for the buck out of marketing? By matching customers to the right product as quickly and efficiently as possible. Today’s brands understand the importance of staying attuned to customer needs and offering a personalized experience at every touchpoint. Digital tools like artificial intelligence (AI) enable marketing teams to create more effective marketplace campaigns.

5. Stay competitive and better react to changes

Want more agility in decision-making, technology adoption, and human resources? That’s a great excuse for digital transformation. Being at the forefront of digital trends allows you to faster react to market shifts, putting you at an advantage in your industry.

An agile company is better prepared to pivot and secure business growth when unpredicted circ*mstances, like the Covid-19 pandemic, arise. The right digital tools are essential to being able to adapt your business model, so your company can meet changes head-on.

6. Increase the profitability of your business

When you improve customer experiences, engagement and loyalty follow suit. Since it’s widely known that loyal customers are easier to sell to (and sell more to), digital transformation opens up the floodgates to new market segments, purchase channels, customer types, and other profitable avenues.

Even though the idea of digital transformation may require some selling to company peers and higher-ups, your greatest ammunition will be the data on successful digital transformation initiatives seen in other companies. Consider case studies or stories on how a digital transformation initiative improved a specific aspect of a company – from better serving its market, customers, and shareholders. Think about case studies that showcase how a digital transformation project helped increase revenue and business value, resolve specific issues, and resulted in a tangible ROI.

Questions to Ask Your Shortlisted Digital Transformation Consulting Firms (FAQ)

Digital transformation demands a level of organizational readiness. Getting results from any digital strategy means making difficult decisions such as tearing down the walls protecting your operations, digital teams, and customers.

Adopting disruptive technology means first assessing your capacity for change. You need a measured approach to crafting a digital transformation strategy. That’s where digital transformation consulting services can be of great value.

Top Digital Transformation Consulting Firms, Consultants, and Companies | OroCommerce (3)

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In fact, the best digital transformation consulting agency will seek to understand not only your current operations – but also your level of digital experience. They may need to broaden the scope of your digital teams to better serve digitalization goals. They may need to examine your customer networks, sales efficiency, supply chain management, and technology infrastructure for any untapped opportunities.

Secondly, working with digital transformation consultants means opening up to new, collaborative styles of leadership and relinquishing control in order to uncover underutilized ideas, resources or ways of doing things.

The start of a digital transformation journey can raise many questions. Here are some of the important ones companies should not shy away from asking their prospective solution integrators:

Q: What is your experience in our line of work?

A: The consultant you decide on should not only offer you the resources to visualize your objectives, but also help you in developing your digital transformation strategy. If you want to minimize losses and avoid surprises, it’s best to narrow your search to digital transformation consulting companies that have experience and expertise in working on projects specific to your industry environment and line of work.

Q: How well do you understand our specific needs?

A: Have a discussion on the state of affairs around your current technologies and business processes. Your digital transformation consultancy should be able to step in your shoes and understand your competitive advantage, pain points and long-term challenges. Be wary of solution providers who overstate their abilities and expertise, particularly if they have limited implementation experience in certain project or industry types.

Q: What is your training and education model?

A: Regardless of the size, scope, and roadmap of your transformation, you’ll need to get your stakeholders, employees and end-users up to speed. Whether you decide to utilize digital transformation consulting services for all or part of your training needs, it’s best to dot these i’s early on.

Q: How well can you integrate with our workflows?

A: To understand what you’re up against in terms of disruptions to business processes, ask how your digital transformation consultant plans to utilize data crucial to your operations. Find out how their work will affect yours and whether they can adapt their solutions around you.

Q: Who owns the intellectual property?

A: Should you purchase an off-the-shelf product or build a bespoke solution you own all the rights to? Your answer may lie in whether or not you’ll be exposing yourself to vulnerabilities or diminishing your competitive advantage by sharing business activities with a third party.

Q: What is your development method?

A: Agile software development is one of the most highly effective approaches to project delivery. It provides room for change, particularly as the project commences and enters different phases. This offers many advantages such as continuous improvement, alignment to business values, greater cost control and risk reduction.

The Best Digital Transformation Firms, Consultants, and Companies List

It’s no secret that organizations need serious help with their business strategy when technology is shifting from under their feet. Fortunately, there are a number of digitally “capable” consultancies with a full spectrum of solutions to help reach every digital transformation goal you may have in your sights. They have experience managing initiatives surrounding analytics, software implementation (B2B SaaS marketplace and eCommerce platforms, mobile apps), cloud migration, cybersecurity, or managed services.

Top Digital Transformation Consulting Firms, Consultants, and Companies | OroCommerce (4)

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Here are some of the top digital transformation consulting firms possessing a diverse set of specializations and experience in working with projects across various industries:

CompanyRegionExpertise
Americaneagle.comGlobalWeb design, development, hosting, and digital marketing
SmileGlobalOpen source solutions, including bsuiness apps, IoT, cloud deployemnt
KeyrusGlobalAI, data & analyrics, cloud and security, digital experience
InviqaGlobaleCommerce implementation, content management, digital strategy, experience design
AAXISGlobalDigital commerce, CSP digital enablement, managed services
AOEGlobalOpen source enterprise web solutions, AI, IoT, order management, cloud automation
SynoliaFranceeCommerce, business intelligence, PIM, and CRM projects
Agence DN’DFranceWeb consulting, design, experimentation, customer engagement, development, and eCommerce
DecadeFranceB2B and B2C eCommerce design and implementation
KibokoFranceeCommerce, PIM, CRM and ERP configuration and development
NijiFranceConsulting, design, and technology implementation for large enterprises and SMEs
AntadisFranceeCommerce consulting and digital strategy, UX/UI design
Turbine KreuzbergGermanyCustom-made eCommerce projects, UX, UI, online marketing and web app development
Madia BVNetherlandsFull-service eCommerce, platform development, ERP, B2C & B2B consulting
DMKGermanyDesign and development of CRM, eCommerce, order management, CMS, and self-service systems
D-I-SGermanyB2B and B2C eCommerce projects, web design, marketing, and ERP integrations
ALGORITMAItalyB2B and B2C eCommerce implementation, mobile app, web site and web app developments
MultiMediaItalyB2B eCommerce, IT consulting, infrastructure management
AlpineThe USAECommerce, enterprise architecture, and application development; risk, threat, fraud, and compliance management
RazoyoThe USAECommerce development, hosting, migration support, custom system integrations
XngageThe USAB2B digital commerce, enterprise architecture, ERP, CRM and PIM systems
Luminos LabsThe USAECommerce implementation and integration
LokionThe USAIT project development, digital mapping, platform implementation, and UX strategy services
Summa SolutionsArgentinaECommerce solutions, B2B, B2C, CRM, ERP, PIM and OMS integrations
AN CommerceMexicoOmnichannel business solutions for B2B and B2C
AligentAustraliaOmnichannel eCommerce, automated merchandising and personalization
ENABLEDAustraliaOmnichannel retail, IoT, microservices & APIs, web app and mobile app development

Top International Digital Transformation Consultants

Americaneagle.com

https://www.americaneagle.com/

United States, Switzerland, UK, Bulgaria

Americaneagle.com has been helping its clients transform their digital mindset by providing complete web design, development, hosting, and digital marketing services for over 25 years. With a team of 500+ skilled professionals, Americaneagle.com is focused on achieving measurable, scalable results and exceeding goals for all its clients.

Smile

https://www.smile.eu/

France, Benelux, Switzerland

Smile specializes in open source digital services from consulting to design and execution. Nearly 1700 individuals contribute to hundreds of strategic digital projects for French and European key accounts with the most innovative solutions and software.

Keyrus

https://www.keyrus.com/

France, Switzerland, Belgium, United States

Keyrus specializes in all aspects of digital data transformation and the latest technology adoption. With more than two decades of experience in using data science and digitalization for accelerating transformation and business performance, Keyrus has offices in 18 countries.

Inviqa

https://inviqa.com/

UK, Germany

Inviqa specializes in digital Commerce platforms, content management, and other digital technologies to accelerate digital transformation. They employ over 200 software engineers, consultants, and business managers to deliver spectacular digital expertise.

AAXIS

https://www.aaxisdigital.com/

United States, Chile, China

AAXIS specializes in digital transformation analysis, strategic planning, and implementation for those looking to maximize growth using data, emerging technologies, and customer experiences. They have experience in working with large enterprises and small businesses alike.

AOE

http://www.aoe.com/

United States, Germany, Switzerland

AOE specializes in open-source enterprise web solutions. Clients all over the world use their eCommerce solutions, web portals and mobile platforms. In addition, AOE offers expert services throughout the customer lifecycle.

Top Digital Transformation Consultancies in Europe

Synolia

https://www.synolia.com/

France

Synolia specializes in the implementation of eCommerce, business intelligence, and CRM projects. Synolia is the French leader of global eCommerce and CRM Open Source platforms with more than 550 clients.

Agence DN’D

https://www.dnd.fr/

France

Agence DN’D specializes in digital solutions in web consulting, design, experimentation, customer engagement, development, and eCommerce. They take part in all key steps of the project lifecycle to develop quality innovative solutions their customers love.

Decade

https://www.decade.fr/

France

DECADE specializes in eCommerce projects spanning the areas of design, implementation, and success metrics monitoring. They’ve amassed dozens of years of experience in empowering B2C and B2B customers to launch successful projects.

Kiboko

http://kiboko.fr/

France

Kiboko specializes in eCommerce business solutions, configuration, development, and compliance. They have experience with various eCommerce, PIM, CRM, and ERP solutions depending on the client’s business needs and investment goals.

Niji

https://www.niji.fr/

France

Niji is a consulting, design, and technology implementation company serving clients in all sectors, from manufacturing to wholesale. Niji offers a full range of services across the entire value chain to bring enterprises, SMEs, and B2B sellers to make the most of their digital transformation strategy.

Antadis

https://www.antadis.com/

France

Antadis is a digital eCommerce consultant focusing on open source solutions. Founded in 2002, Antadis has been helping various B2B businesses transform their brand, commerce, and customer experiences through a clear integrated strategy.

Madia BV

http://www.madia.nl/

Netherlands

Madia BV specializes in a wide array of eCommerce solutions and capabilities through creative infusion, marketing, and technology. They drive business innovation with cross-channel, platform development, ERP, B2C & B2B consulting.

Turbine Kreuzberg

https://turbinekreuzberg.com/

Germany

Turbine Kreuzberg specializes in developing custom-made eCommerce projects tapping into opportunities in digital transformation. Their area of expertise also covers UX, UI, online marketing, and web and app development.

DMK

http://www.dmk-ebusiness.de/

Germany

DMK specializes in a wide variety of B2C and B2B web solutions. Their talents lie in strategy, design, and development of IT projects, including CRM, eCommerce, order management, content management, and self-service systems.

D-I-S

http://www.d-i-s.de/

Germany

D-I-S commerce specializes in eCommerce projects for businesses of any size and category. Experienced with both B2B and B2C customers, D-I-S offers companies solutions in web design, marketing, management, and ERP integrations.

ALGORITMA

https://www.algoritma.it/

Italy

ALGORITMA specializes in B2B and B2C eCommerce project development, including web, iOS, Android, CRM, and other custom software solutions. They operate in many industries and sectors across Italy and the world.

MultiMedia

http://www.mmpoint.it/

Italy

Multimedia Point specializes in software services to companies of all sizes. They manage infrastructure, software, and supported services including ERP as well as cloud systems.

Top Digital Transformation Consultants in the Americas

Alpine

http://alpineinc.com/

United States

Alpine offers eCommerce solutions for companies of any size over various industry verticals. They are experts in enterprise architecture and application development. They also provide advisory services for risk, threat, fraud, and compliance management. Alpine has been headquartered in the Midwestern United States since 1996.

Razoyo

https://www.razoyo.com/

United States

Razoyo specializes in eCommerce business solutions ranging from design, advertising, SEO optimization, eCommerce PCI compliance, and other aspects of digital transformation. Razoyo is based in Texas and counts a multitude of small businesses among its client base.

Xngage

https://www.xngage.com/

United States

Xngage specializes in digital commerce solutions for B2B manufacturers, distributors, and wholesalers. They are leaders in enterprise architecture, ERP, CRM and PIM systems, APIs, and more. Xngage is based in Ohio.

Luminos Labs

https://www.luminoslabs.com/

United States

Luminos Labs is the US and Romanian-based systems integrator that helps distributors, manufacturers, and retailers implement and integrate best of breed digital commerce ecosystems that attract, convert, and retain more customers.

Lokion

https://www.lokion.com/

United States

Lokion is a full-service provider of development, digital mapping, platform implementation, and UX strategy services. Lokion has a multitude of successful cases with clients, helping them build loyalty, generate revenue, and drive eCommerce engagement for more than 20 years.

Insart Software

https://insart.com

United States

Insart helps fintech teams build innovative, secure, and cost-effective solutions with its broad expertise and a team of software engineer experts. Insart is a pioneer in the legacy financial sector and in leveraging digital technology to make inroads in the industry.

Summa Solutions

https://www.summasolutions.net/

Argentina

Summa Solutions specializes in eCommerce solutions with a global reach. They boast a long, proven track record of B2B, B2C, CRM, ERP, PIM and OMS integrations for digital business transformation. Summa Solutions is based in Argentina and Mexico.

AN Commerce

http://ancommerce.anglobal.com/

Mexico

AN Commerce specializes in omnichannel business solutions for brands and retailers. They work in assisting clients to implement B2C and B2B solutions, including business strategy, eCommerce, PIM, and more.

Top Digital Transformation Consultants in Oceania

Aligent

https://www.aligent.com.au/

Australia

Aligent specializes in eCommerce solutions. They are pioneers in the field of omnichannel, frontend, and integration development. Aligent is proficient in automated merchandising and personalization.

ENABLED

https://www.enabled.com.au/

Australia

Enabled specializes in digital innovation, scalability, and security across business disciplines. They work in dedicated teams with architects, developers, UX designers, and business strategists developing one-of-a-kind web experiences.

Pick a Trusted Partner to Transform Your Organization

With the growing complexity of business processes and technologies needed to support them, it pays to settle on a digital transformation agency that understands the intricacies of your industry. A consultant experienced in your field can execute your project successfully and get you up and running quickly.

In the end, no one knows your business and where it should be better than you. The best digital transformation agencies and consultants will work extensively with all key members of your team on a consistent basis, ensuring everyone is comfortable with the pace and direction of progress.

Digitalization is disruptive and settling on a reliable partner to guide you on this difficult journey is no less challenging. As a result, it’s difficult to evaluate a digital transformation consulting agency the same way you would a traditional software vendor. Adapt your vetting methods or RFP processes to consider stages of delivery, near-term and long-term value promised by your consultant.

Even if transformation seems like a tall order, there’s really no better time to start than now. Learn about OroCommerce and how it can help you scale eCommerce and make your digital transformation success.

The job of a digital transformation consulting firm is to identify and recommend an ideal set of digital tools and technologies and then create a strategic implementation roadmap. In doing so, digital transformation consultants help companies improve business processes, expand to new markets and keep up with the competitive landscape.

Here’s a typical workflow of a digital transformation consulting firm:

  1. Assess the company’s current position and needs.
  2. Develop clear strategies around digital solutions and technologies.
  3. Assist in the development of business cases for new digital transformation projects.
  4. Analyze and design critical user journeys.
  5. Help during the implementation.

Our list of top eight digital transformation consulting firms in the UK include:

  1. Accenture
  2. Deloitte
  3. McKinsey & Company
  4. BearingPoint
  5. Bain & Company
  6. Coeus Consulting
  7. KPMG
  8. Roland Berger
Top Digital Transformation Consulting Firms, Consultants, and Companies | OroCommerce (2024)

FAQs

Which company have best positioned on digital transformation success? ›

Pfizer. Pfizer has been working on its digital transformation for more than ten years. When the company started its journey, its 42 manufacturing sites were not connected, and data sharing was impossible. The sites didn't even use the same legacy systems.

What is a digital transformation consultant? ›

The digital transformation consulting services analyze the organizations' requirements, existing resources and their ability to scale to recommend the right digital processes and the experience transformation guideposts that help them to effectively use the digital technology, tools and platforms.

What are the 5 most important things for someone leading a digital transformation project? ›

Cheema says entrepreneurs should follow these five steps to lead a digital transformation.
...
How to lead a digital transformation in your business
  • Prepare a climate for change. ...
  • Create an action plan. ...
  • Establish a change team. ...
  • Engage and communicate. ...
  • Sustain a change culture.

Who leads digital transformation? ›

These teams might include a chief digital officer, a chief data officer, a chief experience officer, and a digital engineering lead, alongside a CSO and CTO. With more than just one person in charge of technology, these teams can tackle multiple IT projects at once, fueling rapid growth in a digital economy.

What are some real examples of digital transformation? ›

Examples of digital transformation are:
  • Transitioning into a remote-first workspace.
  • Using design thinking to analyze and optimize the customer journey.
  • Implementing automated customer service.
  • Using AI-driven insights to improve sales efficiency.
  • Automating employee performance management.
Apr 29, 2022

What are the 6 core elements of digital transformation? ›

6 Components of Digital Transformation
  • Innovation. ...
  • Collaboration. ...
  • Experience. ...
  • Infrastructure Modernization. ...
  • Operational Excellence. ...
  • Information and Insights.

What are the 3 key elements of digital transformation? ›

Executives are digitally transforming three key areas of their enterprises: customer experience, operational processes and business models. And each of these three pillars has three different elements that are changing. These nine elements form a set of building blocks for digital transformation.

What are the 3 approaches of digital transformation? ›

Types of Digital Transformation
  • Process Transformation. Companies can revise internal processes to lower costs, improve quality and reduce cycle times. ...
  • Business Model Transformation. ...
  • Domain Transformation. ...
  • Cultural/Organizational Transformation.
Jan 20, 2022

What does a transformation consultant do? ›

A transformation consultant works with a business to help them change processes, transition through mergers, or perform strategic change integrations.

Is digital Consulting a good career? ›

1. Rewarding employment. Digital marketing is one of the fastest-growing industries across the globe. Because of this, it is a career that has plenty of room for techs, consultants, creatives, and business people to make use of the abilities they are most passionate about.

How do I become a digital transformation expert? ›

Ideally, a degree is required for a role in digital transformation. You may want to look at a degree in information technology, computer science, or something related. These will help you develop the skills required to do a job well done in the industry.

What are the 3 factors of successful digital business transformation? ›

8 Factors for Successful Digital Transformation
  • Orientation. Establish a new perspective to drive meaningful change. ...
  • People. Understand customer values, expectations and behaviors. ...
  • Processes. ...
  • Objectives. ...
  • Structure. ...
  • Insights & Intent. ...
  • Technology. ...
  • Execution.

How do you develop a winning digital transformation strategy? ›

Use the following steps to craft a winning digital strategy.
  1. Get buy-in. Before you can start building your digital transformation framework, you need buy-in from the top down. ...
  2. Secure funding. ...
  3. Assess your current state. ...
  4. Identify your goals and desired outcomes. ...
  5. Conduct a gap analysis. ...
  6. Create a digital transformation roadmap.

What is digital transformation McKinsey? ›

In one of its articles, McKinsey defines digital transformation as “an effort to enable existing business models by integrating advanced technologies”. Basically, it allows digital technologies to be integrated into already existing business models, changing the way you operate and deliver your product or service.

What is the difference between digitalization and digital transformation? ›

Digital transformation goes beyond digitalization by creating a comprehensive change to a company's business strategy. That company might implement an isolated project as a digitalization effort, but a project that has digital transformation as its goal will create change across all departments.

What is digital transformation in simple words? ›

Digital transformation is the process of using digital technologies to create new — or modify existing — business processes, culture, and customer experiences to meet changing business and market requirements. This reimagining of business in the digital age is digital transformation.

What is digitalization in simple words? ›

Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business. Download IT Roadmap for Digital Business Transformation Roadmap: Scope, Scale and Lead Digital Initiatives.

What are the top 3 trends of digital transformation? ›

7 Digital-Transformation Trends to Watch
  • Blockchain. Blockchain has been around for years and is already used in different industries outside finance industries. ...
  • Data protection and security. ...
  • Hybrid workplace. ...
  • Artificial Intelligence (AI) ...
  • Automation. ...
  • 5G. ...
  • Digital banking.
Apr 8, 2022

What are four focus areas of successful digital transformation to unlock company's value? ›

It's about technology, data, process, and organizational change.

What are 6 pillars of smart operations? ›

The six pillars of digital transformation are experiences, people, change, innovation, leadership, and culture. Let's take a look at each pillar and to understand the backbone of the digital transformation.

What are the skills needed for digital transformation? ›

9 Skills Your Business Needs to Drive Digital Transformation
  • Digital Literacy. ...
  • Data and Digital Security. ...
  • Digital Marketing. ...
  • Data Analysis. ...
  • Metaverse. ...
  • DevOps. ...
  • Enterprise Mobility Management. ...
  • Artificial Intelligence, Machine Learning & Robotics.
Jun 2, 2022

What's the most important part of a digital transformation? ›

In short, the critical part of digital transformation is not “digital” but “transformation.” Our world has changed dramatically in the past two decades, and adapting your organization to these changes cannot be achieved overnight, or simply by buying new technologies, or collecting more data.

What is the objective of digital transformation? ›

Common drivers of digital transformation include reducing costs, improving productivity, providing a better customer experience, and ensuring governance and compliance. However, by far the biggest motivation for this change in the way companies operate is the need to survive.

What are the four types of digital business models? ›

Digital business models have 4 characteristics
  • The value is created using digital technologies. ...
  • Digital business models are new to the market. ...
  • Digital customer acquisition and distribution. ...
  • USP is created digitally. ...
  • Free-Model (Ad-supported Model) ...
  • Freemium Model. ...
  • On-Demand Model. ...
  • E-Commerce Model.
Apr 20, 2021

What's another word for digital transformation? ›

Digital transformation is frequently thought of as synonymous with 'digitization' and 'digitalization'.

How digitalization is changing the world? ›

Digital technologies have advanced more rapidly than any innovation in our history – reaching around 50 per cent of the developing world's population in only two decades and transforming societies. By enhancing connectivity, financial inclusion, access to trade and public services, technology can be a great equaliser.

Who is a business transformation consultant? ›

As a Business Transformation Consultant you will work on diverse and challenging projects that are of strategic importance. You will work on changing the business to a Lean organization and you will ensure that you achieve an excellent Customer Experience.

What is a transformation strategy? ›

What is a Transformational Strategy? A transformational business strategy refers to big changes that need to be made in order to ensure long-term success. These changes involve an organisation's existing products, services and overall business model, as well as what processes, equipment and infrastructure are used.

What are transformational services? ›

Transformation services make up the range of technology-focused services that help a business improve its products, service delivery, development and approach. A transformation service provider can advise clients on a variety of approaches, including: Agile software development. Business analysis.

What do digital consultants do? ›

Digital consultants do unify the corporate brand or business. They assess the design assets, pick the right technological solutions for a given brand, and build short-term and long-term marketing strategies.

What is the work of a digital consultant? ›

Digital consultants are typically self-employed and work with a variety of clients. They are well-versed in digital channels, platforms, tools and techniques. They help businesses create and implement strategies in marketing, public relations, web development, branding and related digital fields.

How do I start a digital consulting business? ›

How to start a consulting business in 9 steps
  1. Step 1: Assess your strengths and skill set. ...
  2. Step 2: Figure out what your market needs. ...
  3. Step 3: Ride the organic marketing train. ...
  4. Step 4: Invest in the tools of the trade. ...
  5. Step 5: Staff wisely. ...
  6. Step 6: Practice your elevator pitch. ...
  7. Step 7: Write client proposals.

Is digital transformation a skill? ›

To summarize it, Digital Transformation Officer is the one who bridges the gap between business growth and the business growth the organization can achieve with the help of Digital Transformation. And to do the same, there is a set of soft skills as well as technical skills required.

How do I become a digital strategy consultant? ›

To become a digital strategist, earn a bachelor's degree in communications, marketing, or a related field. Acquire an entry-level position in an advertising or marketing firm that works with digital platforms. Learn how to develop effective marketing methods from veteran digital marketing executives.

What does a digital transformation manager do? ›

Primarily, digital transformation managers are responsible for leading and strategizing digital transformation roadmap for the organization. Being a core part of the business, they align teams with ascertaining business requirements and looking for technological capabilities inside the internal infrastructure.

Why do digital transformations fail? ›

Lack of experience in business transformation leads to basic mistakes, such as initially incorrectly set goals, lack of a clear strategy, risk management and adequate resources. Often, a large number of these mistakes make the whole digitalization strategy fail.

What is the success rate of digital transformation? ›

According to a McKinsey study, more than 70% of all digital transformations fail. Success rates vary by industries and company sizes. Digitally-savvy industries (like high-tech, media, and telecom) have success rates of 24%, while traditional companies only have success rates of 4-11%.

How do you structure a digital transformation? ›

Your omnichannel digital transformation plan
  1. Understand the channel. ...
  2. Set objectives for future channel contribution. ...
  3. Identify and prioritise target audiences. ...
  4. Encourage usage of the channel. ...
  5. Create propositions to emphasize the differences. ...
  6. Support integration between channels. ...
  7. Review how competitors use the channel.
Sep 29, 2020

What are the steps companies can take for digital transformation? ›

Basic Steps to Digital Transformation in 2022
  • Step 1: Determine the meaning of digital transformation to your organization.
  • Step 2: Assess your current capabilities.
  • Step 3: Get the right buy-in.
  • Step 4: Create a digital transformation strategy.
  • Step 5: Ensure you have the right skills in place.
May 18, 2022

Where should I start with digital transformation? ›

Where should you start on your digital transformation journey?
  • Ask these questions. In the early stages, it's crucial to ask the right questions. ...
  • Mitigate risk. It's important for your transformation to go as smoothly as possible. ...
  • Cut costs. ...
  • Understand the applicability. ...
  • Get started planning your transformation.

How does IKEA use technology? ›

With their new AI technology, we will bring home visualization to a different level. By letting you scan your home, one room at a time, and turn it into a 3D model in which you can try out the IKEA home product range from any location.

What are the top 10 brands that come to mind first when you think of Services Solutions for Business Strategy & Transformation consulting? ›

Jump to:
  • Accenture.
  • Boston Consulting Group.
  • Capgemini.
  • Cognizant.
  • Deloitte.
  • EY.
  • HCL.
  • KPMG.
Nov 11, 2021

What technology does Starbucks use? ›

Using Artificial Intelligence (AI) In the Deep Brew Initiative. One of Starbucks' major initiatives is Deep Brew, a project harnessing artificial intelligence (AI) to drive the brand's personalization engine, optimize store labor allocations, and drive inventory management in stores.

Who is Ikeas biggest competitor? ›

Wayfair has 4.4% of the US furniture and home décor market. Its top products include living room furniture at 23%, bedroom furniture at 17%, and kitchen furniture at 7%. Wayfair's product mix makes it the top competitor for IKEA.

Why is IKEA digitally transforming? ›

The brand made it easier for its existing and new customers to access IKEA and completely transformed customer touchpoints as they wanted their customers to interact with them conveniently. From opening new stores to investing in existing ones, IKEA was aiming at something big.

Why is IKEA so successful? ›

At the heart of Ikea's success is value: You know what you're going to get when you shop at Ikea, and it's going to be affordable. In fact, price is so important to Ikea's strategy that the company first decides on the price of a piece of furniture and then reverse engineers the construction, the company says.

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