digital transformation companies
- Being a digital business transformation company, Chudovo is helping replace manual or traditional methods within the company's internal development through digital alternatives. We help our customers to seamlessly transition into the digital era while soothing the edges of potential risks. We have a contemporary, innovative and tech-savvy scalable approach to empowering businesses of our client's IT systems modernization, obtaining an enduring business value.
- We are digital transformation professionals who deliver the innovation that creates value and the quick evolution of the company by taking advantage of modern technologies. We optimize the legacy systems adapting and accompanying the corporate strategies so businesses can be apt enough to respond promptly to the digital era's challenges and reap its benefits.
- Our experts offer you agile solutions that adapt to your business's needs within a strategic digital transformation framework. We analyze the IT landscape of your enterprise in detail. We support you from the initial evaluation of your company's maturity to creating the final digital transformation plan through disruptive technologies and thorough planning.
Why is Digital Transformation Important?
Digitization consists of the integration of digital capabilities in all processes, products and services of a company. This integration helps a company to more efficiently satisfy its customers' needs and compete more favorably in environments of fierce competition and specialization. The sector to which it is dedicated does not matter, nor do the projects that are carried out. Adaptation to the new technological environment represents an added advantage in all aspects.
Digital transformation standardizes the automatable processes of a company, minimizing the time and cost invested in tasks with less added value so that the focus can be placed on meeting customers' needs. With digitization, we obtain data that provides a large amount of information about daily tasks that facilitate their subsequent optimization.
Since most enterprises need help to complete a digital transformation, they usually seek consultants to migrate them to a digital environment that will create opportunities for the company to evolve.
At Chudovo, we accompany our clients throughout the digital transformation process, developing strategic digitalization plans, identifying the specific needs of each company, developing the necessary software to face the challenges of Industry 4.0, and promoting a business culture of making people feel part of it.
Our Digital Transformation Offerings
Artificial intelligence and automation
Internet of Things
6 Steps to Digital Transformation
Understand your motives for digital transformation01
Audit your company02
Find the potential breaches03
Revise your in-house business capabilities04
Establish a digital transformation strategy05
Audit, inspect and return to it - be agile!06
Understand your motives for digital transformation
As a starting point of a digital transformation, you should have a clear vision of why you are doing it and why your business needs to become more digital. Make a list of the core reasons driving your desire for digital transformation. Is it to keep up with the competitors, improve your clients' experience, or manage the company's data more efficiently? Once you have a list of the reasons, you can plan your digital transformation and understand if they can be met.
Audit your company
To decide on the ultimate development pathway, you should realize where your company is currently. Review all the processes and systems you have at your disposal and estimate the effectiveness of their operation. If you are using digital technologies and tools, what are they, and are they working to their fullest potential? Study all your organization's functions, structure and working process.
Find the potential breaches
You must be looking to deploy digital transformation because there are some blind and weak spots in your business or opportunities that are missing to make your business prosper. What are the blank spaces to be filled with cutting-edge technology? For example, are you using the data you gather in the company's operation to extract value from it? What makes the clients and leads engaged and retained after they appear to be your customers?
Revise your in-house business capabilities
When you have cutting-edge technology in your pocket, you should revise what talents you have in-house to deploy it. Having even the most advanced above-and-beyond technologies makes no sense when you have no digital skills to steer them. What talents do you need to unfold the upcoming transformation, and do you have any in the company? Do you know how to upskill the current in-house employees so they can unwrap the new technologies to bring value to your business?
Establish a digital transformation strategy
When you understand all the points mentioned above, such as the company's motivation, perspectives, resources, capabilities, gaps to be filled and the presence of the in-house talent to deploy the digital transformation, you can come up with a digital transformation strategy which you can rely upon in its course. After its creation, you could guide your business upon this roadmap which ultimately should be tied to KPIs and a capitalization plan.
Audit, inspect and return to it - be agile!
A digital transformation strategy is something that should always stay the same. It would help if you were agile as the digital sphere is one of these, which changes quickly. Thus, you should always make room for change in case any factors which have been valid at the planning phase have changed. Agility is necessary when you are disposing of a transformation of such type, and your company should learn to adapt and change course if needed.
Digital Transformation by Industry
Since healthcare providers are constantly under pressure to improve how they deal with patients while reducing costs, digitizing health services implies significant changes for health personnel and the general population. The availability of the appropriate technology and rapid access to data bring more agility and efficiency to the processes.
In this way, healthcare professionals can spend more time treating patients and less on bureaucratic activities.
Automation tools, such as medical records, agendas and electronic prescriptions, also facilitate the routine of these professionals, bringing greater visibility and organization. This prevents delays, misses and errors and unnecessary access to patients information.
Insurance companies that are early adopters willing to embrace a digital transformation will reap several key benefits.
The first is cost competitiveness by leveraging a cloud-based platform and paying as you go instead of paying for software licenses and infrastructure maintenance. The second is increased speed to market, which allows companies to conceptualize and launch products more quickly, and therefore see a return on their ideas and investments sooner. The third is increased agility, which means consumers can purchase products through any channel without disruption, making the journey from research to purchase smoother.
A fourth crucial benefit is an ability to connect with various ecosystem partners. Consider life insurance linked to wellness incentives, where clients are incentivized to use gyms or health programs to stay well through discounts on their premiums. Using digital technologies, customer data, subject to data privacy laws, may be shared with partners within those programs to provide customer benefits. Such a program would be complex and cost prohibitive without a digital platform.
The retail sector is transforming the digital world, and the transformation is revolving around the customer, who is the axis of the actions carried out. In retail companies’ digital transformation, the correct use of data is imperative to success since, with accurate information about customers and the market, it will be easier for retail businesses to compete in the market.
The digital transformation of the retail sector is mainly influenced by changes in consumer behaviour and the way and time of the purchase process (connected consumers). In this sense, Retail-as-a-Service (RaaS) solutions show a new world of possibilities for small companies to boost their digital development. Developing RaaS models allows companies to flexibly manage traffic spikes in commercial campaigns and offer customized solutions.
Logistics has undoubtedly been one of the sectors that have changed the most over time, mainly in its role within companies and industries. The more strategic the sector became, the greater the need to digitize processes and automate functions and technological solutions for producing, controlling and analyzing information.
The first steps on this path were towards the digitization of processes, followed by the automation of non-strategic functions. Finally, we saw that the sector adopted technologies in other sectors, such as Big Data, Artificial Intelligence, and robotics.
This improvement in service levels is only possible with deeper monitoring, management and analysis. This is precisely where the digital transformation in logistics becomes even more significant.
In general, the digital transformation in logistics is more than an increase in investment in tools, systems and technologies that allow the optimization of resources, integrating stages and sectors to generate more fluidity and efficiency.
The main goal of digital transformation in media and entertainment app development is the constant upgrade to meet customers’ rising expectations. It entails a higher focus on digital services and modernizing IT infrastructure and the provided services.
The digital transformation process in this sphere includes:
• The development of new 5G networks.
• Launching modern digital services based in the cloud.
• Using data analytics and artificial intelligence tools to improve the efficiency of operations and customer satisfaction by the provided service.
For example, CSPs (communication service providers) can benefit from AI and IoT technologies to analyze customer data and proactively anticipate and offer new services that satisfy their needs.
The galloping progress of the digital transformation of the Education sector is gaining more strength in the face of emerging realities.
The benefits of digital transformation in the educational sector are innumerable. The main one is that students become more self-sufficient by handling digital tools. In addition, they can use innovative methods in their way of learning.
The digital transformation allows understanding the needs of each student to be attended to in a personalized way. Students can explore concepts on their terms, not limited by the material covered in class, a physical location, or even the teacher’s schedule. Traditional classrooms also lack progress-tracking mechanisms; however, with the help of modern digital tools, this can be achieved.
Digital transformation enables easier collaboration between schools, teachers and students even though it requires continuous upgrading of skills to embrace fast-changing new technologies, such as artificial intelligence (AI) and augmented and virtual reality (AR/VR).
Digital transformation in financial technologies means harnessing the potential of digital technology and tools in all business areas to improve operations constantly. It also assists in developing a new business culture so that everyone in the business is comfortable with
tools and processes and knows how to use them to continually bring a company closer to its customers, even as the business environment changes and customer expectations evolve. In other words, it is a continuous process driven by innovation, data and technology to keep up with high customer expectations.