Digital Transformation.
The digital landscape is changing rapidly. Companies that don’t keep up risk being left behind. BAMAC Group helps you to drive your digital transformation with customised solutions and put your company on the path to the future.
What does digital transformation mean?
Digital transformation is more than just the switch to digital technologies. It is a far-reaching change that affects all areas of your company – from business models and processes to corporate culture. This is because digital transformation is permanently changing the daily habits and needs of people of all ages, both in their private and professional lives. Examples of this transformation include social media, big data, cloud services, smart devices, the Internet of Things and blockchain. This makes it all the more important for your company to embrace these technologies and changes and place them at the heart of your corporate organisation.
Why is digital transformation important?
- Changing customer expectations: Today’s customers expect fast, personalised and digital experiences.
- New competitors: Digital disruptors are pushing into established markets.
- Increased efficiency: Digital technologies optimise processes and reduce costs.
- Innovation: Tapping into new business models and sources of revenue.
Difference between “digitalisation” and “digital transformation”
At this point, we would like to discuss the different meanings of the terms “digital transformation” and “digitalization”. Even though they are often used synonymously, they mean different things. Digitization describes the transformation of existing analog content and processes into digital files and procedures. Digitalization is the precursor to the subsequent digital transformation, in which processes are automated. The implementation of the digital transformation therefore goes far beyond mere digitalization. The term describes the way in which increasing digitalization is dealt with and how solutions are found for new and old challenges.
Digital strategy
A well thought-out digital strategy is essential for successfully mastering the transformation. We understand the term “digital strategy” to mean the application of digital technologies in business models in order to create new, differentiating business opportunities. In the future, corporate strategies will have to be digital. The BAMAC Group supports companies with the following strategic solutions:
- Platform economy: Development and use of digital platforms to create new value creation networks.
- Data and AI models: Using artificial intelligence and machine learning to automate and optimize business processes.
- Digital extensions: Integration of new digital products and services into existing business models.
- Selection and introduction of digital products: Support in the selection and implementation of suitable digital solutions.
- Redesigning customer relationships: Improving the customer experience through personalized and proactive service offerings.
New business models
In addition, digitalization opens up new opportunities that can lead to new business models. Integrating these models into existing companies is part of the digital transformation and is necessary in order to remain in the market. Examples of such models are
- Subscription models: Introduction of subscription services that promote continuous revenue and closer customer relationships.
- E-commerce and digital sales channels: Expansion of online sales opportunities to open up new markets and customer segments.
Business process optimization
Process optimization is an essential part of the digital transformation and should also be approached strategically. Core processes and workflows are adapted to changing competitive situations and customer requirements. This is achieved by:
- Automation: Reduction of manual and error-prone processes through the use of automation technologies.
- Increased efficiency: Optimization of operating processes to reduce costs and increase productivity.
- Customer centricity: Improving the customer experience through personalized and proactive service offerings.
Digital Leadership
The digital transformation is leading to radical upheavals in competition, customer behaviour and the world of work. This raises the question of how corporate and HR management can be effectively organised in this context. The BAMAC Group shows ways of dealing with growing complexity and dynamics in an agile and constructive manner. The Digital Leadership Programme harnesses the company’s own intelligence by establishing a digital culture.
Change Management
The digital transformation also generates internal corporate change. A successful digital transformation strategy should therefore also incorporate the corporate culture and values. The BAMAC Group uses various change management methods to navigate actively and strategically through change projects. We support you with the following topics in particular:
- Promoting agility and a culture of innovation.
- Employee participation.
- The organisation’s ability to learn and adapt.
- Change processes in the age of digital transformation.
- Change Management in IT projects.
- Introduction of new IT systems in specialist and IT departments.
IT Compliance
We support you in the fulfilment of regulatory requirements and information security:
- Insurance supervisory requirements for IT (VA IT)
- Banking supervisory requirements for IT (BAIT, ZAIT)
- Information security (ISO 27000/27001, IT baseline protection, GDPR, BDSG)
- Project Performance Assessment
- IT Management (ITIL, CMMI, COBIT, TOGAF)
- Commercial and tax law (GdPdU, GoBS, GoBD)
Enterprise Architecture Management
Based on TOGAF, BAMAC Group experts support projects to establish an end-to-end digitalisation and organisational structure. This includes
- Cloud Computing
- Internet of Things (IoT)
- Big Data and Analytics
Your next step: Contact us!
BAMAC Group supports you at every step of your digital transformation. Fill out our contact form and let us shape your digital future together.
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