(projector beeps, whirs)
In order to get the most from a data
and digital platform solution,
companies have to make some fundamental changes
and re-envision their IT structure.
(upbeat music)
Most important, you need to let go of common assumptions
about how best to execute digital transformation
and embrace an entirely new approach to IT.
First, decouple the digital transformation
of your business from the core IT transformation.
Legacy IT systems are often complex, expensive to maintain,
and require risky and costly changes
that stretch out over multiple years.
Decoupling the business from the core IT transformation
fosters tremendous business agility and reduces IT risk.
(upbeat music)
Second, liberate data from IT structures
and make sure it's owned by the business instead.
This is critical for prioritizing
the most valuable applications
of digital technologies for implementation.
(upbeat music)
To make this change,
move from traditional monolithic IT architectures
to more independent and modular arrangements.
These allow data to move quickly and efficiently,
and enable you to deploy new tech, like AI and cloud,
with minimal impact to adjacent core systems.
You'll create a more harmonious and simplified system
that positions your company
to develop better global processes.
Third, build your unique
engineering capabilities in-house.
Having engineers close to the front line
improves time to value ratios
and fosters agility in your workforce.
An agile workforce brings together
cross-functional teams from the business,
from engineering and development,
as well as from operations.
These teams are skilled at testing and learning
and determining how to use data and tech
to generate real business outcomes fast.
(uplifting music)
Fourth, deploy new digital tools and services
to the frontline ever quarter, not every year or two.
You'll equip your company to respond
to dynamic customer demands as they arise.
Use iterative deployment methods
to boost technology know-how in frontline business teams.
You'll enable them to work more efficiently
with technology teams to quickly build
and deploy the right algorithms.
And fifth, stay lazer-focused on speed to value.
If your company embarks on a digital project
that's scheduled to take several years to complete,
and it can't split the project into smaller pieces
for faster implementation, kill it,
even if the upfront investments are substantial.
The projected digital experience will likely be outdated
by the time the project is completed anyway.
Challenging common assumptions
about how best to tackle digital transformation isn't easy,
but companies that master this mindset
can gain maximum competitive advantage
from their tech transformation program.
(gentle acoustic music)