{"id":18280,"date":"2022-05-20T12:40:06","date_gmt":"2022-05-20T12:40:06","guid":{"rendered":"https:\/\/www.softone.com.cy\/blog\/?p=18280"},"modified":"2022-05-20T12:41:31","modified_gmt":"2022-05-20T12:41:31","slug":"4-types-of-digital-transformation","status":"publish","type":"post","link":"https:\/\/www.softone.com.cy\/blog\/?p=18280","title":{"rendered":"4 Types of Digital Transformation"},"content":{"rendered":"<p><strong>Digital transformation<\/strong> is not a single thing. In fact, there are 4 types, of which businesses should be aware.<\/p>\n<h2>Process transformation<\/h2>\n<h2><\/h2>\n<p>Whether it&#8217;s data, analytics, APIs or machine learning, among other technologies, businesses are focusing on new ways to <strong>reduce costs, improve quality and reduce cycle times for business processes<\/strong>. For example, the ability to order from any device has completely changed the landscape.<br \/>\nSome businesses have already started using &#8220;robotic process automation&#8221; (RPA) to <strong>simplify back-office processes<\/strong>, including legal and accounting departments. Process transformation will create significant value for the business.<\/p>\n<h2>Business model transformation<\/h2>\n<h2><\/h2>\n<p>Unlike <strong>process transformation<\/strong>, which is a transient process, <strong>business model transformation<\/strong> targets the key elements of infrastructure and how value is ultimately gained in a particular industry. In essence, businesses are using <strong>digital transformation<\/strong> to change traditional business models. Interesting examples of this reinvention of the business model are the redesign of the way Netflix distributes video.<\/p>\n<h2>Domain transformation<\/h2>\n<h2><\/h2>\n<p>A classic example of how domain transformation works is the online giant Amazon. It first entered a new domain with the launch of Amazon Web Services (AWS) and is now the dominant cloud computing\/infrastructure service, in a space that until recently was the &#8220;playground&#8221; of giants such as IBM and Microsoft. Amazon is an example of how new technologies are redefining products and services, blurring the boundaries between different industries, creating a new context for competition. Domain transformation currently offers perhaps the most significant opportunity for growth and profitability.<\/p>\n<h2>Organizational transformation<\/h2>\n<h2><\/h2>\n<p>Redefining the mindset, processes, talents and capabilities of a business is always necessary to achieve long-term <strong>digital transformation<\/strong> regardless of the industry. The most successful businesses have understood that digital transformation requires agile workflows, decentralized decision-making, a positive bias towards testing and training, and even greater reliance on different business ecosystems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital transformation is not a single thing. In fact, there are 4 types, of which businesses should be aware. Process transformation Whether it&#8217;s data, analytics, APIs or machine learning, among other technologies, businesses are focusing on new ways to reduce costs, improve quality and reduce cycle times for business processes. For example, the ability to &hellip; <a href=\"https:\/\/www.softone.com.cy\/blog\/?p=18280\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">4 Types of Digital Transformation<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":18281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[121],"tags":[151,302],"_links":{"self":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts\/18280"}],"collection":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18280"}],"version-history":[{"count":1,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts\/18280\/revisions"}],"predecessor-version":[{"id":18282,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts\/18280\/revisions\/18282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/media\/18281"}],"wp:attachment":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}