As 2022 draws to a close, whether you’ve reached a new business target or just started as an SME, I want to personally congratulate you on being able to overcome the obstacles and finish this year beautifully.
As for 2023, things will change, and you should be ready for them. Businesses will seek greater fiscal flexibility, in which reducing the time-to-market window becomes critical. To achieve this, you should create a digital ecosystem that connects back-office operations to front-office customer-facing teams, as well as foster a self-driven, fully transparent corporate culture. This will provide a competitive edge as you adapt to the current changing economic conditions.
Other than that, some of the digitization trends to watch for:
Simplify and automate legacy processes with low-code automation platforms to minimize dependence on the IT department for assistance.
Building applications from the ground up is a demanding and time-consuming process. Businesses can leverage low-code platforms to develop an application within days that requires simple workflow automation but still plays an important role in expanding business operations.
Enhance user experience with simple-to-create Business Applications
A product-focused approach can help organizations get solutions into the hands of customers faster than traditional IT approaches. As users and even field-service teams rely on mobile solutions to help them expedite their operations, businesses should, without a doubt, begin adapting applications that can help them deliver benefits to the bottom line as quickly as possible.
Stop using spreadsheets and start making data-driven decisions using real-time analytics.
Spreadsheets are handy and easy to start. But it is hard to maintain as data grows. Alternate solutions, which are both simpler and easy to maintain, are replacing spreadsheets. They help you visualize data in real time, which greatly improves your reaction and strategy adaptation. It not only improves accessibility but also helps organizations avoid missing out on potential business opportunities.
Create an interconnected system that can improve system and operations visibility
Another trend that we can anticipate is the adoption of an interconnected system. In an organization, disparate systems reduce efficiency and limit infrastructure scaling. Businesses can minimize these issues and maximize customer/client value by leveraging coordinated resources and collaborative and automated solutions.
Namit Garg
Chief Product & Technology Officer, MIR Digital Solutions
Namit is currently the Chief Product & Technology Officer at MIR, a progressive digital transformation partner that focuses on empowering powerful innovation to help businesses succeed. In his role, Namit has successfully led many Digital Transformation and Automation projects to enable data monetization, enhance customer experience, and drive growth for our clients.