Trends Shaping Digital Transformation in 2022

Digital Transformation has been one of the biggest stories of this decade. The pandemic in 2020 demonstrated the need for companies and businesses to adapt and adopt emergent technologies.


To remain competitive in this rapidly changing environment organizations must adopt an agile mindset and formulate strategies that are quick to embrace changes that are most likely to impact customer experience significantly.


Digital Transformation describes business processes transitioning to digital systems for scalability, efficiency, and affordability. It also requires some level of restructuring for enhanced business operations.


Here are some of the latest trends that can help organizations to stay on top of Digital Transformation.

Hyper-Automation Across the Company

Hyper-Automation, the practice of integrating automation in every possible facet of business operations, will be at the core of digital transformation. It defines how technologies such as machine learning, RPA ( Robotic Process Automation), AI, and others are used together.


According to the World Economic Forum, 80% of CEOs are speeding up efforts to digitize work processes and implement new technologies.

Adoption of Multi-Cloud Architecture

Cloud technology has transformed the way businesses operate, enabling companies to access data from anywhere in the world at any time.


A multi-cloud architecture refers to distributing software, workloads and data within an organization using one or two private or public clouds. This allows employees to work more efficiently and collaborate on projects remotely.


A multi-cloud strategy is used for a variety of reasons, including disaster recovery, data residency requirements, and resilience.

More emphasis on Cybersecurity

With many organizations adopting the remote-first culture, the risk of cyberattacks has increased. Thus it is essential to introduce zero-trust security to prove resilient.


Organizations must leverage AI (artificial intelligence), ML (Machine learning), and RPA (Robotics process automation) to improve their cybersecurity and mitigate security threats.

Preparing for 5G and IoT

5G has been a widely popular buzzword and is all set to go viral this year. The adoption of 5G will speed up Digital Transformation for sure.

It will potentially transform business processes and user experience by providing faster speeds, better connectivity, and improved internet bandwidth.

Making Data-driven Decisions: Data Analytics

Data and analytics is essential in accelerating a company’s digitization and transformation efforts


Smart data analytics can help in extracting valuable information from the raw data and improve the decision-making and productivity of the organization.


According to Gartner, by 2022, 90% of corporate strategies will consider information as a critical business asset and analytics as a critical competency.

Conclusion

Adoption of Digital Transformation, help trigger disruption, drive revenues and accelerate business growth. A successful Digital Transformation process involves more than just technology and involves:

  1. Concrete Goals and Statements
  2. Winning mindsets of people involved
  3. Keeping up with the recent trends

LSF Global can help your organization adopt Digital Transformation with a customized learning journey for your leaders using our research-backed modules.  Available leadership topics include Digital Transformation, Change Management, Accountable Leadership, Communication, Managing Hybrid Teams, and many more.

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