Now more than ever, businesses are beginning to implement digital solutions to ease employee tasks, improve productivity, and increase revenues. This year, it is expected that businesses will spend a total of $1.3 trillion on digital transformation programs and by 2021 this total is expected to increase to $2.1 trillion. Distributors need to look ahead in order to establish a strategic plan for integrating digital transformation programs.
Establishing targeted and strategic goals prior to selecting which areas of the business to transform is definitive in the success of any transformation project. Setting calculated business objectives will support and establish a solid plan and assist in the development of any digital transition by allowing decision-makers to focus on the end goals. Ensuring the business stays on task during any implementation is the key to prolonged and long-term success.