Regardless of industry, market, and geography, nearly every business on the globe has been touched by technological change. And these ongoing, and often unexpected, disruptions are impacting how business is conducted. For example, the World Economic Forum states, “It used to take Fortune 500 companies an average of 20 years to reach a billion dollar valuation; today’s digital start-ups are getting there in four.”
While increased competition is a powerful motivator for embracing digital transformation, so are the potential revenue opportunities. The World Economic Forum estimates that “the combined value—to society and industry—of digital transformation across industries is upwards of $100 trillion over the next 10 years.”
Chances are, you’ve already identified a number of digital opportunities for your business. But how do you determine which opportunities will give you a quick win or provide the highest business value at the lowest cost of implementation? In this paper, we’ll give you some best practices and tactical methods to help you prioritize digital opportunities—and kick-start your journey toward a digital transformation.
Read this paper to learn more about how to:
- Establish your business objectives
- Understand the value of each digital opportunity
- Map value to ROI
- Create a roadmap
- Pick the right partner
- Rise above the competition