Digital Transformation with Odoo ERP
Digital transformation is the use of technology to make resourceful improvements to an organization. It is more than a simple technology initiative and is instead a strategy to completely overhaul an organization’s business model.
Digital transformation with ERP may provide Business process reengineering: specialized software (Best breed System) focus on incremental improvements to business processes – such as finding more efficient ways to perform existing functions. Instead of incremental improvements to business processes materially disrupt and improve current business models.
ERP benefits digital transformation with breakthrough to business models, can provide better data and functions to more efficiently get products to customers, can materially change what products are delivered and how they are delivered. True business process reengineering is enabled only by digital transformation.
More specifically, these initiatives find ways to leverage innovative technology to provide better products and service to customers. In order to become a Digital Enterprise which is a must now, organizations need Digital Core to participate in a Digital Economy. find out what they want and give it to them.
In a Digital Economy, a very real currency is the data exchanged between entities, not just goods, services and monetary funds in the traditional sense. You need to look no further than the Financial Services “economy” to get a quick look of what your industry will shape-up in a very short period of time.
Digital Enterprise: Transforming your business from analogue to digital.
There are three organisational scenarios that may will play out:
Organisations that believe that they don’t need to rapidly evolve. They will die.
Organisations who choose believe that digital “elements” of their business (like a CRM product) will somehow make them a digital enterprise. These companies will not be competitive and will either suffer significant devaluation over the next decade or will be acquired.
Organisations who know what the coming Digital Economy for their respective industry will require to win and are earnestly building a Digital Core, connected all the way to the Digital Edge of their business and beyond. These companies will win with change management.