Press release
Digital Transformation: The Path to an Intelligent Enterprise
Explore the role of digital platforms in commerce, from data-driven business models and integrated technology architecture to end-to-end process automation.
Article 1: The New Role of Digital Platforms in Commerce
To capture a substantial share of the digital opportunity in the twenty-first century, companies need to develop technology-based business models such as data monetization, the data economy and platform-based revenue models. Businesses are investing heavily in these technological changes. Statistical research projects that global investment in digital transformation will exceed USD 1.2 trillion by 2019. Local companies and businesses need to strengthen their commitment to digital transformation to remain competitive in this environment.
Future business models call for a move to an integrated technology architecture that enables process automation and frees up resources for innovation. This architecture supports the emergence of the “Intelligent Enterprise”: an organization with intelligent technologies embedded in its processes.
End-to-end business process automation would not be possible without a digital platform that enables seamless data flow between all systems and applications, both within the company and externally in the cloud.
A digital platform provides the agility, data capabilities and integration capabilities needed to meet increasingly complex data and system requirements.
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