Leading with data-driven decisions

By - November 23, 2021

How to connect digital transformation to data optimization

Just as every middle market company is unique, so is its technology transformation journey. But ultimately, digital transformation is about creating new opportunities for your business by leveraging technology to solve business challenges. At the heart of this is optimizing data for data analytics, which can help you answer mission-critical questions: How can you understand your customer and operations better? Can you remove waste from your operational processes? How do you increase agility or drive innovation to gain market share without increasing your cost of operations?

Technology is an important component of leveraging data-driven decisions, but it isn’t the only one. Organizations need strategies for data governance, maintenance, security and compliance. Underlying factors that could influence these strategies include organizational goals, risk tolerance, geographic location, industry regulations and other inputs.

Three pathways to digital transformation

When considering the people, processes and technology you need to complete your digital transformation, there are three paths you can take:

  • Pathway No. 1: Do it on your own. You select the vendors, plan the new process design and implementation, and then take on the responsibility for security, data migration, training, change management and long-term maintenance using your in-house resources.
  • Pathway No. 2: Do it with a vendor-partner. You use technology vendors to deploy your new applications and infrastructure and rely on them to build the new system and migrate your data. With this option, your partner is knowledgeable about one thing: the application they’re installing.
  • Pathway No. 3: Partner with a third-party consultancy. An outcomes-focused consulting partner can help you review your current processes and systems for gaps, select the best options from several solutions, and implement a long-term plan.

Technology is instrumental in driving business growth and creating more efficient processes that contribute to increased productivity. Choosing a pathway that guides your organization’s digital journey and improving its capacity for data optimization and analytics is a decision that will affect the future of your business.

At RSM, our technology consulting services go well beyond implementing new software. We align people, processes and technology for a successful ERP implementation with support for multiple best-in-class ERP and CRM solutions, complete implementation services, change management and training, and deep industry knowledge and experience in multiple verticals.

Download the complete guide

Receive Posts by Email

Subscribe and receive notifications of new posts by email.