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Change Management

Digital Transformation 2021 Trends

What are some of the digital transformation 2021 trends that we can see today? What are some of these trends that you can integrate with your company? To find out, keep on reading.

Digital Transformation 2021 Trends

The Rise of Artificial Intelligence (AI) and Machine Learning (ML) Use

Today, many companies are now taking advantage of artificial intelligence (AI) and machine learning for various areas of their business. Firstly, they use AI and ML to make their business operations easier and more efficient. For example, AI and ML can be used in customer service for faster and better customer service.  

Secondly, AI and ML can also be used for predictive analytics to help make future predictions. For example, you can use AI and ML to predict the weather, traffic patterns, and even detect cyber threats.

AI and ML are two of the technologies that many companies are betting on because they have the potential to make a huge impact on the business. You must know that you need to have a strong foundation of AI and ML to take advantage of these trends. You can get started by taking some of the online courses on them.

The Rise of Chatbot Technology

Chatbot technology is also another technology that many companies are betting on because it has the potential to transform your business processes. As a company, it allows you to reach out to your customers 24/7/365 via chat apps such as Facebook Messenger. 

In addition, chatbots don’t need vacations, unlike your human employee. They don’t need any breaks or sick leaves either. This is why many companies are developing their chatbot technology to improve their customer service experiences and even save costs.

Thus, one way for your company to benefit from chatbot technology is through customer service support through Facebook Messenger. For example, if you want to build a chatbot for your company’s blog, you can create a Facebook page for your blog. And then add a Facebook Messenger bot for it so that every question regarding your blog can be answered via the app. 

Taking Advantage of the Cloud

Lastly, one of the trends is companies taking advantage of the many cloud services and cost-effective hosting offered by cloud service providers. This is why many companies are now moving their business to the cloud. From your business perspective, you can use this cost-effectiveness to reduce your operational costs.

However, one thing that you need to take into account is that you must know what services you want from the cloud. For example, if you want to get something from the cloud, make sure that it is secure and robust enough for your company’s needs. If not, then it is better to seek other options.

Conclusion

As you can see, you must be up-to-date with the digital trends that can help transform your business. This is why it is important to start exploring and evaluating them today. So, which one of these trends are you interested in? What do you think will fit your company’s needs?

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Change Management

Digital Transformation Trends

What are some of the digital transformation trends that we can see today? How can you take advantage of these trends for your company? To know more, keep on reading below.

Digital Transformation Trends

Focus on Customer Experience

The first trend for doing digital transformation is companies putting their focus and efforts on customer experience. This means that they are focused on making sure that their customers are having the best experience when they interact with the company. It includes everything from making sure that their products are suited for their customers to ensuring that the customer is having a good shopping experience and even after-sales service or support.

Customer Data Dominance

A second transformation trend is customer data dominance. This means that companies are putting a lot of focus on how they can use their customers’ data. That is in a way that it can help them improve their business processes, whether it’s in marketing, sales, or customer support.

The Art of Connecting Customers and Employees

Then, another trend is the art of connecting customers and employees. This means that companies are putting a lot of focus on how they can use technology. This is to make their work less hierarchical. Some companies are even doing away with titles such as “manager” and “assistant.” And then, replacing them with just names so that everyone has an equal say in the company.

Further, some companies even do away with offices and encourage their employees to work from home. Or from any place as long as it’s convenient for them.

Automation in Business Processes

Automation in business processes is another transformation trend today. This means that businesses are using technology to handle some tasks. Thus, allowing them to become more efficient than ever before. These tasks include things like payroll process, accounting, inventory management, and order fulfillment. 

Connecting Businesses and Consumers on a Single Platform

Further, another trend is the connection of businesses and consumers on a single platform. This means that businesses are looking at how they can connect with their consumers. This is through one platform instead of having separate platforms for marketing, sales, and support. 

So, they want to offer one-stop shopping so they can maximize their reach to people who may be interested. And then potentially become new customers for them. 

Focus on Artificial Intelligence and Machine Learning

There’s also a focus on artificial intelligence (AI) and machine learning (ML). These things have been around for some time now. But many businesses have not had a chance to implement them yet because some systems like this require high levels of computing power. 

Thus, many companies cannot afford it at this time. But thanks to cloud computing technology where businesses can rent out computing resources instead of buying them, more companies can now use them.

Digital Transformation Trends: Conclusion

As you can see, it is very clear that there are many digital transformation trends today. And if you want your business to grow, you have to make sure that you keep up with these trends. Otherwise, you will fall behind your competition.

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Change Management

Leading Digital Transformation Trends

Companies today need to be always on the lookout for the leading digital transformation trends. This will help them keep up with what is new. What, then, are the trends today?

Leading Digital Transformation Trends

The Use of Artificial Intelligence (AI) and Machine Learning (ML)

Today, many technologies are rising, and one of the most prominent ones is AI and ML. What are these? AI and ML are technologies that perform tasks and complete tasks that will normally take humans a long time to do.

Years ago, these terms were only heard of in sci-fi films and books. Now, businesses are using this technology to gain a competitive edge. The use of these technologies can be seen in financial services, healthcare, customer service, and other industries.

The Rise of Blockchain Technology

Blockchain technology is another leading digital transformation trend today. This is a decentralized database system where all information is stored in a public ledger. Also, this data cannot be modified or deleted by any individual or organization. 

The technology was first used for cryptocurrencies such as Bitcoin. Today, blockchain is being used for other applications such as smart contracts and supply chain management. Also, one thing to note about blockchain is that it keeps all information open and transparent. This keeps everyone involved accountable.

The Internet of Things (IoT)

For quite some time now, the internet has been part of everyday life. But what about the concept of making everyday things “smart”? In recent years, devices have been created that have sensors and connectivity capabilities. These are the so-called smart devices or the Internet of Things (IoT) devices. They can then connect to the internet just like a computer or a mobile phone does to get information from a centralized database.

Businesses can benefit from these types of devices by collecting data from their customers using IoT devices and then using that data to improve their products and services. The data can also be used to create new business opportunities for themselves.

Augmented Reality (AR) and Virtual Reality (VR)

Augmented Reality (AR) is often confused with Virtual Reality (VR), but they are different in many ways. One thing they do have in common is that they both combine the real world with computer-generated graphics or sound. The difference between them lies in how you experience both in your life. 

Then, with AR technology, you use your smartphone or tablet for an AR experience; with VR technology, you need special equipment like headsets to fully immerse yourself in another world created by the VR device. 

There are many businesses today that are starting to use augmented reality in their marketing strategies. It can help them reach out to more customers than before by adding an interactive experience into their advertisements on social media platforms.

Keep Up With the Leading Digital Transformation Trends

So, if you own a business and you do not want to be behind the curve in digital transformation trends, you need to keep up with the latest trends. What are some of the latest trends that you can implement in your business?