Storage is a key component of digital transformation
By MYBRANDBOOK
Data Management is at the core of every business. It comprises hard facts about data from collection, unification, quality, and enrichment to maintenance, integration, and dissemination, data management critically influences Digital Transformation. A report says that more than 80% of companies plan to accelerate their Digital Transformation. Digital transformation initiatives have been accelerated by the Covid pandemic, as organisations have been forced to intensify digital channels to their workforce and customers. Storage is a key component of digital transformation.
It may not look the same as it once did – with the rise of the cloud and architecture-morphing high-performance media – but the need to store and access data remains. Data storage is at the foundation of every digital transformation, cloud computing and data science application today. Any company starting its infrastructural data roadmap or advancing its digital transformation needs a secure, flexible and easy place to store its data.
Digital transformation (also called as DX or DT) leverages technologies to create value and new services for various stakeholders (i.e., customers in the broadest possible sense), innovate and acquire the capabilities to rapidly adapt to changing circumstances.
Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accelerating impact across society in a strategic and prioritized way, with present and future shifts in mind.
The DX strategy aims to create the capabilities of fully leveraging the possibilities and opportunities of new technologies and their impact faster, better and in a more innovative way in the future. A digital transformation journey needs a staged approach with a clear roadmap, involving a variety of stakeholders, beyond silos and internal/external limitations.
This roadmap takes into account that end goals will continue to move as digital transformation de facto is an ongoing journey, as is change and digital innovation. Digital transformation covers a huge number of processes, interactions, transactions, technological evolutions, changes, internal and external factors, industries, stakeholders and so forth. So, when reading advice on digital transformation or reading reports and predictions it’s essential to keep this in mind.
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