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Success story examples pdf5/30/2023 ![]() Pizza giant Domino's has been successful at implementing technology-driven transformation to evolve into "an e-commerce company that sells pizza," as Senior Vice President and Chief Digital Officer Dennis Maloney has put it.Īfter the company's stock price plummeted in 2008, Domino's implemented a multipronged initiative aimed at revamping its menu and at using technology to increase agility. Lessons from companies that have mastered digital transformation. Here's a look at four notable examples of digital transformation success stories and what companies can learn from them. Having the right leaders in place, investing in talent and skills development, instigating cultural and behavioral changes, ensuring frequent and clear communication, and digitizing tools and processes all play key roles in driving transformational success. Utilizing digital technologies is just one piece of the puzzle. Unlocking success in digital transformation requires a clear vision and understanding across the organization, experts agreed. ![]() Notable examples of companies that have achieved digital transformation success … They want to do business with you on their cell phones or iPads, and unless you transform your business and accept that new reality, you will get left behind," Frugé said. "People are more and more reliant on digital technology. ![]() Executing on a digital transformation roadmap helps businesses stay relevant and expand their customer base. "Digital transformation allows companies to meet consumers where they are," said Jason Frugé, vice president of business application cybersecurity at Onapsis. Organizations that are transforming internal infrastructure to change how they work.ĭespite the acceleration in digital transformation during the pandemic - 70% of organizations have increased or maintained digital transformation spend amid the pandemic, according to a global research study by IFS - experts believe unlocking digital transformation success is not everyone's forte.Organizations that are embracing digital to change how they engage with their customers, regardless of whether their products are digital or on premises.Organizations that are changing their products or services to become more digital.So much so that the digital transformation market is expected to reach $3.2 trillion by 2025, according to a recent report from Meticulous Research.Īntony Edwards, COO at software testing and monitoring company Eggplant, classified digital transformation efforts into three types: Today, businesses are implementing transformation initiatives to gain faster time to market, stay competitive and optimize the customer experience.
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