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www.wipro.com Digital Transformation Staying Surefooted on a Treacherous Journey Janaki Baratam General Manager and Americas Sales Head Connected Enterprise Services (CES) Table of Contents 03 .................................................................................... Introduction 04 .................................................................................... Complexity is a Reality 05 .................................................................................... The Roadmap for Digital Transformation 06 .................................................................................... Overcoming the Challenges of Continuous Integration Introduction The technological choices that an organization makes to create its digital future determine its differentiators. But an overabundance of choices is leaving organizations confused and unable to proceed on a safe and secure transformation journey. What are the key factors that drive a successful digital transformation strategy? Complexity is a Reality Technological transformation is an old game for large organizations.They have been doing it for almost two decades with their ERP, CRM and logistics systems – finding life in the diaspora of technology within the organization through localization to support different geos, diverse financial systems and varied compliance requirements. They have been there, done that. So what's the big deal about technological competition) is not going to give your business any differentiation. How you bring together the various components of your digital ecosystem will define your business, your differentiation and the competitive barriers you raise.Today, it is difficult to find a single platform that can serve all your needs – simply because you cannot accurately predict your needs for tomorrow's markets you will operate in. This transformation now? For one, in the always-on, always-available, digital era means picking and choosing from the available technology and doing it with software-defined everything, there are a hundred different systems ever so often – in fact, as often as customers and business and subsystems to integrate and manage. It means working with a number imperatives demand. of providers, adding to complexity. Even more challenging is the fact that the scope and development of these applications and systems is continuously evolving. The digital universe demands an iterative and incremental approach to development. Organizations can therefore expect small features and refinements added every few weeks to their applications. That is quite a contrast from a not-so-recent era when application updates and releases were made occasionally, by a single provider, after major changes were incorporated and tested. Organizations are piecing together their business by integrating ecommerce engines, information management systems, mobile device management systems, digital asset management systems, business intelligence engines, social logins, social CRM and so on. With a vast number of providers, your business has access to subtle variants of each component. This isn't as simple as it sounds. Navigating the choices has itself become a major hurdle. To give an idea of what is happening out there, Chief MarTech had identified 947 companies last year in the There is a good underlying reason why complexity – along with a marketing technology space. That number has swelled to a staggering reasonable dose of chaos – is replacing the comfort of large-scale 1,876 this year. How you choose, how you integrate and customize and standardization. Organizations want differentiation. Using the same how you update these components determines your competence, product, from the same box and using the same operating manual (as competitiveness, disruptive capability and resilience at any given moment. 3 The Roadmap for Digital Transformation Consider the technology landscape for an organization that wants to take to understand customer behavior and sentiment, and generate consumer a leaf from the book of a widely used consumer app. Chances are the app insights, an organization can begin to engineer its products and services to is easily updatable, customizable, cheap and intuitive to use. Organizations meet those needs, produce relevant content, establish a model that and their customers long for such adaptability, flexibility, usability and targets customers with customized promotions and set up effective scalability. How does an organization achieve this transformation? The delivery channels with fulfilment processes. This is the 50,000 ft, high roadmap is not simple. It begins with the Holy Grail of digital level view. Once drilled down, the granular, ground zero view would look transformation: data and analytics. Once data and analytics are deployed something like this (see Figure 1): Deep Consumer Insights Seemless Fulfilment Omni Channel Experience ANALYTICS Highly Relevant Content Targeted Propositions Figure1: Components for digital transformation with analytics at the core 4 • Generating Deep Consumer Insights would need social sucking up resources and management bandwidth. And yet, the listening, syndicated consumer data, product registration/usage and organization must live and breathe change to remain agile. profiling capabilities along with consumer identity and access • Producing Highly Relevant Content would call for access to product data, user generated content, digital content management, The solution lies in a two-fold approach: • the automation, the easier it is to identify the change required, make search engine optimization and social targeting capabilities • • the change, test it and integrate it with business processes.This brings Targeted Propositions/Customized Promotions would down effort, reduces re-work and squeezes time-to-market. At the require CRM, trade promotions and campaign management, bottom of achieving continuous integration lies the ability to 'sense' recommendation engines, dynamic pricing models and mechanisms emerging requirements early enough and improve release cycles and targeted service levels • Development tools and automation: the more sophisticated • People and skill building: Organizations that are on the path of Omni Channel Experience/Management would demand continuous change also recognize that the complexity of their understanding consumer preferences, best-outcome-at-lowest-cost technological landscape is directly related to the quality of the people approaches to channel adoption and usage, creating digital and skills they have. They know that complexity cannot be managed experiences and engagement (across online, mobile and brick-and- going by a rule book – there is no rule book that can keep up with the mortar) and partner collaboration current pace of change.What it requires is bringing together a talented Seamless Fulfilment would require payment options and logistical capabilities (including reverse logistics), warranty management and CRM Senior leadership and boards responsible for the digital strategy and transformation of their organizations are eager to make the journey. But, they must move with caution. The roadmap, although reasonably well defined, can be slippery and treacherous. This is because there are many team that can solve problems quickly and efficiently. If the team brings a measure of innovation with it, continuous change and integration become easy to manage, ensuring that the organization remains agile Not all organizations have access to the required talent.To overcome this limitation, they could opt for external partners who bring with them the breadth and depth of experience along with the tools and infrastructure required to address the challenges of digital transformation. choices to make and they must be made wisely to ensure that all the components integrate well and can be upgraded at will to meet future needs. Overcoming the Challenges of Continuous Integration This raises an inevitable question: how easy or difficult is it going to be - and how long will it take - to change or upgrade the technology components that make up an organization strung together by a digital thread? In other words, agility becomes a key concern. It must not be forgotten that a digital enterprise chooses to build its distinctive DNA - its differentiation, as we have already discussed - from a rich choice of digital components. But the organization must also remain mindful of the "change-the-business" space where new products and campaigns must be continuously launched and new markets and customers acquired. This means applying continuous change to its digital presence with the concurrent challenge of continuous integration. Continuous integration capabilities are essential. It is impractical to believe that a modern organization can stay static for long.To keep pace with rapid change, and strengthen the DNA that differentiates it, it must keep itself on the path of evolution.The continuous change and integration can result in 5 About the Author Janaki Baratam has more than 25 years of experience in Digital and Integration business and excels in technology solutions sales and program delivery. In his current role, Janaki heads Americas sales for Connected Enterprise Services in BAS, and is responsible for digital technology transformation, commerce and integration businesses there. He is in the thick of developing ground breaking services for Wipro's customers in transforming their online multi-channel B2C and B2B commerce and integration strategies. He can be reached at [email protected] About Wipro Ltd. Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" – helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization-wide commitment to sustainability, Wipro has a workforce of over 150,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com Ö Ö Ö One of our global customers makes changes to systems every two weeks and is now trying to bring that down to every week Marketing Technology Landscape Supergraphic (2015), January 12, 2015: http://chiefmartec.com/2015/01/marketing-technology-landscapesupergraphic-2015/ On a related note, the capability to respond to continuous change largely relies upon keeping the cost of managing change under control -- one method to achieve this is via a variable IT model 6 DO BUSINESS BETTER CONSULTING | SYSTEM INTEGRATION | BUSINESS PROCESS SERVICES WIPRO LIMITED, DODDAKANNELLI, SARJAPUR ROAD, BANGALORE - 560 035, INDIA. 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