The Goalpost: Transition to a seamless digital model

Going Digital is an imperative! It is no longer an option! Companies continue to invest tens of billions of dollars aiming to achieve their transformation goals.

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By Ranga R Kanapathy, Chief Transformation Officer - APAC I Chief Delivery Officer I

Most of them have done the easy work of acquiring basic digital capabilities, typically, by making a shopping list, buying the chosen technologies, and plugging them in with the help of technology experts. And yet, digital transformation projects often either get massively delayed or derailed in delivering tangible outcomes. A big-bang approach is not necessarily the solution. To be competitive, enterprises need a holistic transformation.

"Taking small and achievable steps that yield measurable and noticeable results, faster and repeatably, proves to be the solution."

At Altimetrik, we pride ourselves as that pureplay digital business solutions company. We advocate an approach that is incremental and bite-sized that helps clients achieve rapid business outcomes in an agile manner.

"We re-think not just technologies, but products, processes, customer interfaces and culture, all synergized towards a clear futurestate digital business model."

THE BOTTLENECKS WE ADDRESS

Many organizations still make piecemeal. investments in digital business enablement by overly emphasizing 'hot' technologies and expecting enormous improvements. This kind of evangelization is often espoused by technology and product leaders without aligning with the holistic business strategy.

Having executed numerous transformation projects in the Banking and Financial Services space, we have identified 5 common challenges: