In 2018, enterprises large and small poured $1.3 trillion into digital transformation efforts. Introducing new software, apps, or any other tech solution is effective only if your end-users understand how it functions. With a rich history spanning over 125 years and some of the big names such as Thomas Edison as its founding fathers, General Electric is one of the pioneers and one of the most iconic brands in electrical industry. Today digital transformation is vital to the existence of any business set up in the profit/ non-profit/ MNC/ public or private sectors. Years of research on transformations has shown that the success rate for these efforts is consistently low: less than 30 percent succeed. So that you understand this concept completely, we’ve selected some successful digital transformation examples that better illustrate this thinking. These include things like employee onboarding and offboarding, validating and tracking timesheets, leave requests, employee training, and managing benefits. List of 22 ‘transformation cases’ How do you structure a digital transformation process, who needs to be involved, where to start? A new CEO combined with a new digital perspective proved to be a lifesaver for Best Buy. Caterpillar heavy machinery is famous for its efficiency and durability. Source: Amazon Echo Can Now Order Your Pizza. Best Buy was in the midst of a crisis in 2012 and some thought it will die soon. Digital transformation examples show us that this process affects businesses on many different levels. 1) Prioritize Culture – SAP According to the IDG’s 2018 Digital Business research, 44% of enterprises already implement a digital-first business strategy.. Heavy machinery. Find out how these companies succeeded where others failed. Disney was falling behind the times, but they managed to turn the tables by acquiring few companies. Google Docs ). Here are six examples of digital transformation from brands that can inspire you. Not only has this company managed to engage customers through social media but also bridged the online and offline customer experience. PMI Global Conference 2019 for Project Management Enthusiasts and Professionals, Is SaaS eLearning Authoring Tool The Answer To Your Sales Training Woes, 5 Link Building Tactics For eCommerce Websites, Why Outsourcing HR Functions Leads to Greater Productivity, 7 Distractions that Impede Modern Business Growth, How to Track the Progress of New Hires: A Managers Guide, How to Fall Asleep Fast? According to IDC, 40 percent of all technology spending will go toward digital transformation efforts, exceeding $2 trillion by the end of 2019. Salesforce defines a true digital transformation as the thorough shift and fundamental change in how a business has done business. In this article, you will learn about six inspirational examples of digital transformation companies that you can learn from. The maker of specialty coffee machines, an operating unit of Switzerland-based Nestle Group, deployed a cloud-based customer relationship management system, offering customers omnichannel access to shopping and customer service. That’s the question we asked our experts at UNLEASH London in this fourth Digital HR Live video. To give you a better understanding of what real 'Digital Transformation" looks like, here are 5 real businesses that leveraged new technologies to digitally transform and evolve their business. Let us know by leaving a comment!. 11 Lessons in Digital Transformation. It’s probably no surprise that 2020 has been a big year for digital transformation (DX). 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