How to apply digital transformation in businesses by each field
- Applying digital transformation in the sales model: technology tools to analyze data throughout the sales process, helping businesses connect touch points and optimize customer experience. This helps businesses build and maintain relationships with customers more effectively. Since then, business operations of the enterprise become more efficient. Revenue and profit also increased markedly.
- Digital transformation application in human resource management: Thanks to the application of digital transformation, human resource management costs are significantly optimized. Along with that, digital transformation makes business data analysis more efficient, administrators can make accurate decisions to help improve HR operating processes and employee satisfaction.
- Digital transformation applications in the manufacturing sector: Digital transformation helps businesses' production processes to be optimized. Supply chain operations also become efficient and fast, bringing more value to businesses. The source of input materials is also strictly controlled, minimizing risks for businesses.
- Applying digital transformation in the financial sector: In the financial sector, digital transformation helps businesses' accounting departments operate more efficiently by automating processes and improving security. Business data is also quickly updated in real time to help businesses clearly understand the operation situation.
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TOP 3 successful digital conversion application companies
NETFLIX – Technology and entertainment industry
NETFLIX is a unit that provides movie viewing services on a global scale that is not uncommon today. This is also one of the companies that have achieved great success when applying digital transformation to their business activities.
In 2007, NETFLIX made a bold decision to apply the internet to its business model, starting the digital transformation of businesses. The company has applied cloud technology in creating an online movie environment with millions of movies worldwide. This digital transformation has been carried out continuously to this day, making NETFLIX one of the world's leading internet movie service providers.
NETFLIX – Technology and entertainment industryAdobe – Software Industry
Adobe is a well-known name in the field of providing software around the world. The company owns many softwares that are already familiar to global users such as Adobe Photoshop, Audition,... The company's digital transformation started in 2008. This is a time when the company has been shaken by many shocks. the severe impact of the world economic recession. At that time, Adobe decided to apply cloud technology in the company's business.
Thanks to this bold decision, Adobe has made remarkable progress. The company's market share is expanding rapidly. The company's revenue grew strongly, reaching a record of 12.87 billion USD in 2020. Adobe's stock price has also tripled since the decision to go digital.
Fujifilm – The Imaging Industry
Fujifilm is no longer a strange name in the imaging industry. The company's head office is located in Tokyo city, Japan. Fujifilm's main business is photography and film production. As a result, the company was heavily influenced by the growing wave of digital camera adoption in 2010. This is the main reason for the company's decision to go digital.
Fujifilm's business digital transformation application started with cutting down on old devices that are no longer working effectively. Instead, the company decided to invest heavily in digital such as LCD screens, memory cards, digital storage.
Fujifilm's digital transformation also helps the company expand its business into healthcare. Thanks to the effective use of digital technology, the company has launched a series of products that bring high efficiency to customers such as medical diagnostic devices, LCD panels,...
Fujifilm3.2 Cloud Computing
Cloud computing is the exploitation of servers on the internet environment to store, analyze, secure and analyze data. Cloud computing is a digital transformation solution that helps businesses optimize business processes, increase performance, increase revenue and profit.
3.3 Using AI and Machine Learning
AI and Machine Learning (ML) are widely used transformation solutions today. AI and Machine Learning applied to business models will help businesses solve many outstanding problems. AI and ML make business data analysis faster and more efficient. As a result, managers make more accurate decisions.
3.4 Robotic Process Automation - RPA
Another well-known and widely used enterprise digital transformation application is RPA - robotic process automation. RPA helps businesses tackle time-consuming manual processes by automating repetitive tasks. As a result, businesses save a lot of time, costs, and improve operational efficiency.
3.5 Mobile Applications
Mobile applications are a widely used digital transformation trend. Mobile applications help businesses reach more target customers, marketing campaigns are also made more effective. Moreover, mobile applications are also useful tools for businesses to increase revenue, profit, and improve customer experience.
IoT is a famous digital transformation application for the purpose of connecting and exchanging data between physical objects through the Internet. With IoT, the process of collecting, analyzing, and processing data is made more efficient. In addition, thanks to IoT, business efficiency increases, customer experience is enhanced. From there, businesses have more competitive advantages in the market.
3.7 AR . Technology
AR is a digital transformation application that has been widely applied in recent times. It is a technology that uses screens, effects, and sounds from a computer system to enhance the real-world user experience. With AR, business productivity is optimized, customer experience is significantly increased, sales volume is also increased.
The application of digital transformation in businesses has become a trend in the current era. Enterprises need to capture enough information to carry out digital transformation and stand firm in the volatile market.
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