Why is digital transformation a long road?

Mondo Technology Updated on 2024-02-01

Digital transformation is the overall transformation of enterprises in the digital era, which is a systematic, long-term and arduous process. Its essence is not only the upgrading of technology, but also involves business processes, using data to reconstruct and upgrade the business model and operation model of enterprises. But why is it so difficult for many businesses to succeed in their digital transformation?

Lack of strategy: Many enterprises lack a clear strategic plan in the process of digital transformation. In the face of a complex and changeable market environment, some companies have not yet found the focus and business model of future competition. If the future vision is unclear and the strategic plan is not clear, it is difficult to clarify the digital direction of the enterprise. In this case, enterprises often deploy digitalization in silos, and it is difficult to see the value from digital investment.

Misunderstandings and misunderstandingsSome enterprises may mistakenly equate digital transformation with informatization construction, and only let the informatization department lead the promotion, such as introducing new hardware equipment or software systems, while ignoring the importance of deep integration of digital technology and their own business. True digital transformation is much more than that, unlike informatization, which mainly focuses on process efficiency, digitalization involves more business processes, which involves all aspects of the enterprise, including business model, organizational structure, corporate culture, etc.

The 2023 China Enterprise Digital Transformation Index also confirms this observation, which shows that 20% of Chinese enterprises have begun to continuously strengthen cross-departmental or cross-functional capacity building, while 37% of Chinese enterprises are still carrying out digitalization and automation of a single functional department.

Resource and capacity constraintsThe digital transformation of enterprises requires all-round changes, involving strategy, culture, data, technology, processes, organizations and services. This requires not only the blessing of technical capabilities, but also the support and cooperation of senior management. However, at present, it is difficult to reach a consensus within many enterprises, especially among senior managers, and there are obvious shortcomings and weaknesses in resource co-construction and sharing and cross-departmental collaboration.

Industry characteristicsEven in digitally-savvy industries such as high-tech,** and telecommunications, the success rate for digital transformation is no more than 26%. In more traditional industries, such as oil, gas, automotive, infrastructure, and pharmaceuticals, the success rate for digital transformation is less than 10%. (Data**: McKinsey Global Institute, for informational purposes only and does not guarantee its accuracy, completeness, or reliability.) )

According to the 2023 China Enterprise Digital Transformation Index report, enterprises should build cloud-first infrastructure, build a modern data platform for large language models (LLMs), realize scalable technology platforms and applications, and effectively respond to security risks. In the next 1-2 years, 37% of enterprises plan to invest in cloud technology, and 36% want to invest in security.

As a digital base service provider, we are well versed in the challenges faced by enterprises in the process of digital transformation, and are committed to helping enterprises remove obstacles and achieve successful transformation.

Here are the key services and support we can provide as you navigate your organization's digital transformation journey:

Build a digital foundationHengchi Information has been deeply involved in the industry for nearly 20 years, and through its digital base integration capabilities and professional service capabilities, it provides stable, safe and efficient digital infrastructure for customers in various industries, builds a comprehensive digital platform, and helps enterprises achieve digital transformation.

Technical support and consulting servicesWe have 200+ technical engineers and professional teams, and we are also Huawei's core business partners, Huawei's preferred CSP service partners, Huawei Cloud core solution providers, and CTSP capability partners.

Customized solutionsAccording to the characteristics of different industries and business needs and pain points of enterprises, we tailor digital transformation solutions based on ICT integration, cloud business, and information security.

Continuously optimize and iterate servicesDigital transformation is a continuous process, we establish a long-term cooperative relationship with enterprises, continuously track and evaluate the effect of digital transformation, and optimize and improve accordingly according to the feedback and needs of enterprises. Through continuous optimization and iterative services, we help enterprises achieve sustainable success in digital transformation.

Data security and compliance assuranceAssist enterprises in establishing a sound data security guarantee system, meet the requirements of laws and regulations for data privacy protection, reduce the risk caused by data leakage, and ensure the security of data assets of enterprises and users.

Talent cultivation and empowermentWe provide talent development and enablement services to help enterprises cultivate and attract digitally capable talent. Through training, knowledge sharing and hands-on projects, we will improve the digital literacy and skill level of employees, and provide strong support for the digital transformation of enterprises.

Related Pages