Tag: enterprise

Financial Benefits of Moving to the Cloud

Chris Cantz

This is a guest blog post about the benefits of moving to the cloud from our friends at Cigniti

 

Migrating to the cloud has numerous benefits such as backup, recovery, and security, but one of the primary reasons why enterprises move to the cloud is due to its related cost savings.

A traditional infrastructure such as a data warehouse involves costly updates amidst several other issues such as server anomalies, data discrepancies, dedicated workforce, and most prominently costly updates.

According to Ashar Baig, a research director at Gigaom Research, “Cloud is mainstream today, driven forward by users’ desire for lower cost solutions, better scalability, and business agility.”

Even during the pandemic era, while we’ve seen several enterprises shutting down their businesses for good, cloud adoption has been on an upsurge.

Recent statistics reveal that 90% of the companies have expedited their adoption towards cloud in response to the COVID-19 pandemic with a relative increase in cloud expenditure.

As enterprises rally for a gigantic worldwide effort to produce and allocate COVID-19 vaccinations, Software as a Service (SaaS) based applications that empower vital tasks such as supply chain and automation are critical.

These SaaS based applications endure to prove trustworthy in ascending vaccine management, which in turn will aid CIOs further authenticate the continuing shift to cloud.

The proximity of emerging technologies with Cloud computing has further accelerated its growth.

According to Gartner, “Global public cloud spending is forecast to reach $332.3 billion in 2021, increasing by 23.1% from $270 billion in 2020. Growth in cloud spending can be attributed to increased adoption in technologies such as virtualization, edge computing and containerization.”

The usage and adoption of cloud is set to further evolve to those that amalgamate cloud with technologies such as Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML), Big Data, 5G, and more.

Cloud will help as the adhesive amid several additional technologies that CIOs want to use more of, letting them to vault into the subsequent period as they address more multifaceted and evolving use cases and will certainly be a disruptive market, to say the least.

The revenues and profits for the big 3 Cloud companies continue to be on the rise.

The latest statistics reveal that Amazon’s AWS had a surge of more than 30% in revenue during the first quarter while Microsoft’s Azure revenue increased manifold to above 50%.

Followed by these two giants in Cloud business is Google’s Cloud where it has seen a rise of close to 50% in its business during the last quarter.

The constant growth of Cloud computing is a testimony to the fact that no disruptions in the technology or the economy can shake the foundations of cloud.

According to research and analytics firm Canalys, “In the first quarter of 2021, global cloud services infrastructure spending grew to $41.8 billion to represent a 35% year-on-year increment and 5% quarter-on-quarter growth.”

Given its huge financial benefits, enterprises have no other choice but to adapt to the cloud.

 

Here is a list of some of the economic benefits for enterprises implementing Cloud migration:

• Eradicates Operational Expenditures

Owning and managing servers on your own premises is no longer necessary, thanks to cloud data centers. In a variety of ways, this lowers ongoing running costs.

Apparently, if you have fewer hardware on your premises, you will save money on power and cooling. The extra physical space could be better utilized.

By decreasing the amount of maintenance necessary, cloud computing eliminates the need for costly service agreements and additional onsite IT support workers.

Because idle servers waste a lot of energy and money, the ability to scale up or down based on demand and improved hardware utilization corresponds to more efficient power use.

• Improve disaster recovery competences

An enterprise that uses cloud storage has a two-hour disaster recovery deadline.

Companies who employ local storage, on the other hand, can address this problem for up to eight hours, which might result in significant losses for the company.

Object-based cloud storage is supported by modern disaster recovery solutions, so you don’t have to copy the backup to physical media first and then restore it.

This indicates a lesser chance of financial loss due to downtime for a company. Furthermore, the cloud provider is responsible for restoring the system to functioning order, so you no longer have to worry about it.

• Nil maintenance cost

You gain complete responsibility for providing quality services and a serious approach to the work accomplished when you choose a cloud provider that intends to work effectively with a large corporation.

This includes the scope of services supplied, the level of service, equipment reliability and modernity, a team of engineers with extensive expertise, professional planning, and implementation of projects of any complexity, and a personalized approach.

Following the transfer of infrastructure to the cloud, the cloud provider is responsible for the continuous and correct operation of services and equipment, as well as security and a variety of other factors.

The cloud provider also monitors equipment and networks on a constant basis, provides round-the-clock technical help, prepares backups, and handles a variety of other jobs, allowing the client to focus on their primary business.

• Pay-As-You-Go

The pay-as-you-go business model of the Cloud allows businesses to save a lot of money. Essentially, whether it’s email, storage, or server space, organizations may cease paying for underutilized resources, postpone purchases, and check out alternatives before committing to anything.

The business world has begun to move at breakneck speed since the advent of the Internet.

Small and medium-sized business owners have struggled to keep up with the pace and adapt to new technologies.

Businesses profit from IT Cloud services because they improve their operations and communication with clients while saving time and money.

• Decrease the support load of IT department

You can trust the provider to manage the IT infrastructure in the cloud if the details of your organization do not necessitate maintaining and paying a large crew of technical specialists.

This is more cost-effective than engaging a specialist to do these jobs.

Even if your organization is involved in software creation, your experts can do more difficult duties than cleaning dust coolers and restoring unintentionally erased data.

They will be able to concentrate entirely on the quality of the product being developed and the efficiency of each sprint.

• Enhance suppleness

One of the most significant components of a productive day is having access to files. Employees who are not physically connected to an internal server are frequently unable to access files stored on the server.

Cloud storage allows you to access data from wherever, whether you need to open a budget spreadsheet from your hotel room or a Photoshop file from the office.

As a result, your staff will have more flexibility in completing daily activities and will be more successful in circumstances where time is of the essence.

For example, cloud data storage allows you to deploy a product significantly faster because employees don’t have to waste time transferring files, they can make real-time updates, and a circumstance where a specific file is deleted is impossible.

 

Conclusion

Cloud security is essential to assess the security of your operating systems and applications running on cloud.

Ensuring ongoing security in the cloud requires not only equipping your cloud instances with defensive security controls, but also regularly assessing their ability to withstand the latest data breach threats.

Cigniti’s team validates whether your cloud deployment is secure and gives you actionable remediation information when it’s not complying with the standards. The team conducts proactive, real-world security tests using the same techniques employed by attackers seeking to breach your cloud-based systems and applications.

Cigniti’s cloud testing services offer end to end validation of cloud migration transformation and cloud native build with a shift left cloud first approach.

Cigniti’s cloud testing services help enterprises achieve compliance, secure data, reduce efforts by 40% through automated build and deployment validation and improve productivity by 35% with early alerts for any issues.

Get maximum value from your cloud transformation journey with Cigniti’s Cloud Testing services. Schedule a discussion with us to consult with our experienced team of cloud testing experts.

 

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Unisys to Acquire Unify Square for $152.5 Million

Chris Cantz

Unisys to Acquire Unify Square for $152.5 Million, Creating the Most Advanced and Flexible Enterprise-wide Solution to Optimize the Collaboration Experience

BLUE BELL, Pa. and BELLEVUE, Wash., June 3, 2021 – Unisys Corporation (NYSE: UIS), a global IT solutions company, today announced that it has entered into an agreement to acquire Unify Square, the leading experience management provider for secure collaboration and communications platforms, for $152.5 million on a cash-free, debt-free basis. Unisys is funding the transaction with cash on hand.

The transaction, which is expected to close today, will enable Unisys to leverage Unify Square’s Unified Communications as a Service (UCaaS) offerings to help advance its experience-focused digital workplace services solution set.

“The acquisition of Unify Square will enhance Unisys’ digital workplace services business to drive increased revenue growth and improved profitability and cash flow,” said Peter Altabef, chair and CEO of Unisys. “The UCaaS market, in which Unify Square operates, is expected to be among the fastest-growing segments of the digital workplace services market. Unify Square’s capabilities will enable Unisys to deliver higher-value solutions to its clients that enhance their productivity and employee satisfaction. The acquisition is expected to be accretive to adjusted EBITDA margin and adjusted free cash flow by 2023, with a de minimis impact initially.”

“Unisys and Unify Square hold a shared vision for how businesses can more easily adapt to the new reality of a hybrid workforce,” said John Case, CEO, Unify Square. “Unify Square’s goal is to empower our enterprise clients with a complete set of software and services that allows them to provide seamless, secure experiences to employees. Together with Unisys, we will have a unique opportunity to help more enterprises thrive in this new digital workplace environment.”

A Powerful Solution for Seamless, Rapid, Enterprise-wide Collaboration

The integration of Unisys’ and Unify Square’s digital workplace services capabilities will help clients achieve seamless collaboration and experience parity through excellent employee experiences and agile ways of working that enable innovation any time, anywhere and on any device. Unisys and Unify Square will now be able to help clients achieve outcomes through:

  • Accelerating transformation. Companies can now accelerate their digital workplace journeys, quickly and seamlessly moving from legacy on-prem communications platforms to modern cloud-based collaboration applications with less disruption and with immediate benefits.
  • Proactively assessing experience through real-time analytics. Companies can now actively assess, analyze and improve employee experience across multiple platforms while enhancing IT operational performance with real-time analytics.
  • Enabling comprehensive governance and management. Through built-in compliance and security capabilities, Unify Square solutions provide a policy framework and robust functionality to create policies to simultaneously cover all collaboration platform security and lifecycle management scenarios.

“As we continue to navigate through uncertain times and new ways of working, the most successful organizations will be the ones that cultivate agile, dynamic worker experiences and work environments,” said Amy Loomis, research director for IDC’s Future of Work Agenda practice. “Leaders must work across functions to develop the workplace infrastructure, support, policies and procedures that will enable employees to securely access the people, tools and data they need any time, anywhere and from any device. The acquisition of Unify Square by Unisys provides the software, services and support leaders will need to support hybrid work models of the future.”

Unisys Digital Workplace Services

Unisys Digital Workplace Services deliver advanced workplace solutions to help clients transform their digital workplaces and create exceptional end-user experiences. Unisys InteliServe™ incorporates change-management capabilities and a user-centric design to deliver a frictionless employee experience that easily plugs into human resources, finance and business applications. In February 2021, for the third consecutive year, Gartner positioned Unisys as a Leader in its Magic Quadrant for Managed Workplace Services, North America report.

The purchase price is subject to customary adjustments based on closing cash, indebtedness and working capital. For disclosures and definitions related to any Unisys financial metrics referenced in the attached, including adjusted EBITDA and adjusted free cash flow, please see the Unisys 1Q21 earnings release, available on the company’s website. Clearsight Advisors, Inc. acted as an exclusive financial advisor to Unify Square.

About Unisys

Unisys is a global IT solutions company that delivers successful outcomes for the most demanding businesses and governments. Unisys offerings include digital workplace services, cloud and infrastructure services, software operating environments for high-intensity enterprise computing, business process solutions and application development services. Unisys integrates security into all of its solutions. For more information on how Unisys delivers for its clients across the government, financial services and commercial markets, visit www.unisys.com.

Follow Unisys on Twitter and LinkedIn.

About Unify Square

Unify Square’s software and services optimize and enhance the world’s largest collaboration and communication deployments, helping businesses manage and secure their meetings, chats and calls. The company’s PowerSuite™ software creates a unified dashboard to surface actionable insights and help manage collaboration platforms — optimizing and transforming performance health and user effectiveness. Unify Square is a global elite partner for Microsoft and Zoom. Unify Square’s solutions have delivered value to more than 6 million collaboration seats, in over 275 enterprises across more than 50 countries, and in most major industry verticals.

Headquartered in Bellevue, Wash., Unify Square also has offices in the United Kingdom, Germany, Switzerland, India, Australia and Lithuania.

 

Forward-Looking Statements

Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are usually identified by or are associated with such words as “intend,” “plan,” “believe,” “estimate,” “expect,” “anticipate” and similar terminology. Such forward-looking statements include those that address activities, events or developments that Unisys or its management believes or anticipates may occur in the future, including earnings enhancements, synergies and other benefits from the Unify Square acquisition. All forward-looking statements are based upon Unisys’ current expectations, various assumptions and data available from third parties. Unisys’ expectations and assumptions are expressed in good faith, and Unisys believes there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including: the risk that Unisys may be unable to successfully integrate Unify Square or that integration costs exceed Unisys’ expectations; the risk that Unisys may not realize the benefits expected from the acquisition, including earnings enhancements and synergies; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement of the acquisition; the risk that Unisys may not attract, motivate and retain experienced personnel in key positions; the risk that Unisys may not effectively anticipate and respond to volatility and rapid technological innovation; the risk of adverse developments on Unisys’ ability to grow revenue and expand margin in its Digital Workplace Services and Cloud and Infrastructure businesses; the risks of doing business internationally, particularly when a significant portion of Unisys’ revenue is derived from international operations; the risk of cybersecurity breaches, which could result in significant costs and harm Unisys’ business and reputation; and the other factors discussed in the Item 1A, “Risk Factors” sections in Unisys’ Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and in Unisys’ Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, and in Unisys’ other filings with the Securities and Exchange Commission which are available at http://sec.gov. For any forward-looking statements contained in this or any other document, Unisys claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Unisys assumes no obligation to update or revise any forward-looking statements in light of new information or future events except as required by ​la​w​​​​​​​​​​​.​

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PACT Names Sweft as Best in Show at Phorum 2021

Chris Cantz

Since 2012, the Phorum Demo Pit has featured close to 100 companies representing the best-emerging technologies to power digital transformation in the enterprise

 

Philadelphia, PA, April 22, 2021 – PACT, the Philadelphia Alliance for Capital and Technologies, today

announced Sweft as Best in Show at Phorum 2021. The Phorum Demo Pit was created to allow startups to connect with C-level enterprise decision-makers attending Phorum. Since the inaugural event, past winners have gone on to raise more than $65M in capital, and one third of the honorees have successfully completed exits to strategic acquirers.

“The Sweft team brings deep domain expertise and truly understands the challenge that eCommerce businesses face in connecting their data to create content,” commented Sean Dowling, Partner at Osage Venture Partners and Demo Pit selection committee member. “Julie provided a terrific presentation that summarized the product and value proposition in a clear and compelling way.”

Sweft helps retailers of all sizes quickly and profitably scale their online businesses by automating processes, connecting teams and reducing reliance on manual entry Excel spreadsheets. Retailers struggle to efficiently and accurately create the digital assets required to populate product detail pages (PDP) to sell online reducing their growth, profitability and competitive position. Sweft is an end-to-end SaaS solution with seven modules that organizes and automates the workflow management of digital asset creation. Sweft’s clear dashboard, priority alerts and 360-degree view of the product provide both visibility and accountability of tasks across a retailer’s teams, including buying, sample management, creative, marketing, copywriting and web production to allow them to work together smarter to launch new products faster from anywhere.

“Sweft is truly honored to be recognized as Best in Show for innovative technology at Phorum 2021,” said Julie Bula, CFO and Co-Founder at Sweft LLC. “We would like to thank PACT for hosting the event and look forward to sharing our journey as we provide a path to digital success for retailers.”

 

PACT would also like to recognize and congratulate the other Phorum 2021 Demo Pit Finalists:

 

In appreciation of their commitment, PACT would like to thank the Phorum 2021 Demo Pit Judging panel:

  • Allison Williams, Principal, Newark Venture Partners
  • Daniel Koval, Corporate Initiatives Manager, Bentley Systems
  • Eddie Brinson, Associate, MissionOG
  • Elizabeth Feidler, Vice President, Noro Moseley

 

To replay any of the one-hour episodes from each of the four days of Phorum 2021, please visit:

 

For the latest information about upcoming PACT programming, please follow them on LinkedIn.

 

About Phorum 

Phorum is an annual technology strategy conference that gathers the Nation’s leading minds and most innovative solutions around a single, trending topic. Traditionally, hosted in Philadelphia, this intensive, one-day event includes insights from the Nation’s most authoritative experts; up-close interaction with relevant technological solutions and learnings from business leaders with first-hand experience capitalizing on what is new.  For more on Phorum or to register for the virtual event, visit the Phorum website: https://philadelphiapact.com/phorum-philly/.

 

About Philadelphia Alliance for Capital and Technologies (PACT) 

PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com.

 

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Media Contact:

Kevin Jurrens

Broadpath

215 644-6504

kjurrens@broadpathpr.com

 

 

Chris Cantz

PACT

215-790-3807

ccantz@philadelphiapact.com

 

 

Building a truly Agile enterprise with QA

Amanda Nardi

Contributed by Cigniti Technologies.

The clarion call to embrace digital transformation is accelerating the pace of software development. Development teams are under pressure to deliver software quickly in response to increasing customer demand. However, going to the market as a first-mover can backfire if your software is not quality-compliant. In a technology-driven world where customer experiences have become the final differentiator in staying competitive, QA is integral to the development pipeline. If your enterprise is not delivering digital experiences of high quality, you risk becoming alienated from the end-users. Further, your market reputation can be damaged and market share lost should your software turn out to be bug-infested. Surprisingly, to beat the competition, enterprises often resort to transforming their software development and delivery processes without prioritizing software quality assurance.

As a result, QA teams are often stuck with ineffective and legacy solutions that are part of the waterfall model. So, as long as enterprises use the waterfall model, their digital transformation journey is bound to remain incomplete. This is due to the fact that in the traditional software development process where software QA testing is done at the end of development and integration, there can be issues galore. The reasons for the issues to remain entrenched in the software are as follows:

  • In the waterfall model of quality assurance and testing, bugs often remain unidentified due to the constraints of manual testing.
  • Since manual testing is taxing for the software quality assurance services, especially concerning repeated regressive testing, testers can falter in testing every piece of code.
  • The scope of testing gets reduced, especially when it comes to testing the code on a slew of platforms, browsers, devices, and networks.
  • In case any bugs are identified, the cost and time required for their removal can be huge. This is because the process would then entail unscrambling the integrated software suite to reach the right bug-infested unit.

To overcome the inadequacies of the waterfall model, enterprises should adopt the agile testing approach. In this, the software development process is shifted left wherein QA is conducted alongside development and not afterward. Let us understand the process better and find out as to what it takes to build a truly agile enterprise with QA.

What is the agile testing approach?

In agile, enterprises aim at becoming robust and flexible to prepare for unexpected events, challenges, or even opportunities. It incorporates policies and procedures that are focused on driving speed and transformation. This way enterprises can achieve continuous delivery of quality software products and services, quickly and consistently.

Any agile testing service has automation at its core. It helps testers by allowing a test automation suite to conduct repetitive tests saving time and cost in the process. Moreover, since the test automation suite can run tests under various test conditions for any number of times, the chances of identifying bugs are significantly high. Besides, running test automation can release manual testers to be deployed for other critical jobs.

How to build a truly agile enterprise

Agile can truly be transformational, provided it follows certain procedures. Let us discuss them in some detail.

Involvement of stakeholders: Since every organization follows a typical ‘work culture,’ which may not be congruent to the agile scheme of things, stakeholders must be taken into confidence. This is important as status quoist working in silos may challenge any change. This can create roadblocks for initiating the change. To overcome such a situation, the management should articulate a clear vision and enable the organization’s culture to be aligned with the vision.

Break the silos: This is a follow-up to the entrenched ‘culture’ where people working in departments or processes (read silos) may not follow a similar process across the organization. The agile process should take explicit steps to get rid of such silos and streamline the overall working environment. This entails better communication that is aligned with the vision of the organization.

Communication at the heart of scrums: In agile methodology, teams are supposed to follow processes that are transparent. To achieve the same, purposeful communication should be established across the scrum-led value chain.

Responding to change: Agile entails quick response to changes instead of following a fixed plan. The changes can come from customers’ feedback, the advent of new technologies, growing competition, or within the organization. So, in a ‘perform or perish’ landscape, agile will allow your enterprise to remain adaptable, sustainable, and result-oriented.

Conclusion

Agile has become a critical requirement for enterprises to remain competitive and cost-effective. It is arguably the way forward to address the changes that are driven by technology and customer preferences. QA has become the ultimate lynchpin upon which enterprises can ride their way to success or oblivion depending on the efficacy of their agile transformation.

How digital transformation services can help your enterprise to streak ahead

Amanda Nardi

Contributed by Cigniti Technologies.

The world is moving rapidly by riding on the cutting-edge digital technologies, namely, IoT, SMAC, Big Data, Artificial Intelligence and Machine Learning, among others. Businesses are developing products or services with interfaces spread across devices, operating systems, browsers, and networks. This has necessitated their legacy systems to be updated by engaging digital transformation services.

The dynamics of market is increasingly being led by changing customer preferences reflected in new needs, habits, and ways of consuming and communicating. Digital transformation allows enterprises to derive outcomes such as increased productivity, expanded consumer base, streamlined workflows, reduced operational costs, enhanced quality products or services, and better ROI, among others.

Since consumers leverage digital technologies to perform a slew of tasks, the amount of data generated is huge. Analyzing this data and deriving business-oriented insights can be a challenge unless, of course, the business has the technology and resources. Digital transformation services can help enterprises in enhancing their customer interface. For example, by transforming their legacy systems, the utility services providers have been able to improve their efficiency significantly. As a result, the consumers do not need to queue up outside the offices of such companies for doing routine transactions. They can simply log onto the portal or app provided by such companies and transact.

With new avenues of interaction such as social media and mobile, customers want their interactions with a company to be consistent across avenues. This requires companies to take an omnichannel approach to cater to their customers. If they do not fall in line, they risk creating customer dissatisfaction and losing them. Again, to cite an example, customers want to place an order as per convenience and want it delivered through their preferred channel. So, unless the company has the technology and resources to address the demand, its competitiveness can go for a toss. Let us discuss how digital business transformation can help businesses to streak ahead in the competition.

Benefits of digital transformation solutions

The proliferation of digital technologies like smartphones and computers, and the ubiquity of the internet, have forced businesses to go digital. While many companies have drawn an elaborate digital transformation strategy to convert their systems, workflows, and deliverables, scores of them remain outside the ambit. Many companies are still wary of undertaking digital transformation implementation due to the cost and challenges involved. However, overcoming them is critical for them to stay competitive.

# Better customer experience: The customers of today have become increasingly choosy, thanks to the plethora of products and services available in the market. Customers are wont to choose products, which are not only qualitatively superior but offer better experiences as well. When it comes to the customer experience, the notable elements include aesthetics, performance, security, usability, responsiveness, and prompt complaint resolution. The last part is often crucial in differentiating between two products of similar features.

# Better analytics: Data have become the most valuable asset for an enterprise. These can help an enterprise to receive deep insights into various aspects of its processes. Also, with big data coming into play, businesses should be prepared to leverage the data for achieving success. A successful digital business transformation helps companies to collate data from customer interactions and transform them into a structured form. Thereafter, they can be analyzed to develop insights, identify outliers, and optimize to deliver better customer experiences.

# Faster time to market: Today, customers generally choose products that hit the market first. The early-bird approach of customers has necessitated companies to embrace digital transformation and streamline their workflows. This involves adopting Agile and DevOps methodologies to ensure continuous integration and delivery. As products go through a faster development, testing, and delivery pipeline, customers can receive the products early.

# Better security features: Security has assumed a critical significance in the success of a product in the market. This is due to the fact that the digital products of today have interfaces with different device platforms and third-party software, thereby creating vulnerabilities. These can be exploited by cybercriminals by introducing malware, trojans, and viruses to steal data and information. Thus, the growing menace of cybercriminals to commit data theft has brought the element of security into sharp focus.

Besides, companies need to adhere to international security protocols to garner credibility and escape censure. Hence, the need to imbibe DevSecOps in the workflows has become all the more important. In this approach, security is to be treated as an integral aspect of the workflow across departments. Hence, by implementing digital transformation solutions, companies can help to identify and address the built-in vulnerabilities of a product.

# Reduce operating costs: The digitization of businesses can streamline the workflows thereby increasing its efficiency. With procedural bottlenecks including redundancies removed or diluted, businesses can minimize their operating costs. This can significantly improve the revenue stream and make the company competitive.

# Brand enhancement: With better quality products or services delivered by the company, its brand awareness in the market increases vis-a-vis its competitors. For example, the brands or products having the biggest market share are the ones that are spoken about by the customers. This is mostly due to their superior quality brought about by innovation and digital transformation.

Conclusion

The future of IT means organizations should be nimble enough to quickly adopt the technologies and methodologies of the day. They must be agile and responsive to the customers’ needs and offer products or services that are superior and secure. The need for organizations to embrace digital transformation has become critical to stay competitive.