“It’s digital or bust around the world today,” says Stuart Pearce, managing director of digital transformation and information management specialists TD Global. “The unlocking of data has enabled the massive rise in data analytics as a decision-making tool that is vital in running a business in the digital era.”
While many firms realise this and attempt to catch up with their competitors, Pearce urges a “better late than shoddy” approach to transformation. “We know that the digital revolution is seeing many organisations realising the potential of their data and making the transition. We’re also noting that a ‘copy-cat’ approach is not likely to do for you what digital transformation should. Companies need a bespoke solution that speaks to its own clients now, and potential clients and revenue streams in the future.”
With extensive experience in extracting and implementing insight from data, integration and analytics solutions makes TD Global a partner of choice in developing and deploying bespoke digital assets to grow revenue while increasing brand visibility. Pearce acknowledges that some companies are hoping to “leapfrog” potential competitors but maintains that the thoroughness required to ensure data is clean, updated and ready for business suggests a slow-but-sure solution is the answer.
“If your company doesn’t go through the stages of creating a governance strategy and team that works to the strategy blueprint, you create a margin of error that widens throughout the digital transformation process,” he says, adding that the key questions any business must ask before taking the journey include:
- How do we get our data from where it is now to where it will support better customer experience?
- Can we trust our source data? If not, what is the first step to be taken in data hygiene?
- How do we create data that is consistent, high-quality and able to be duplicated?
- Will the analytics we get provide users with an inclusive view of our business?
What follows the governance blueprint is the process of data modernisation; democratisation and monetisation, meaning valuable, updated data is accessible to all who require it for ensuring your clients and theirs can act on it, thereby monetising your data.
“All of this,” Pearce says, “is undertaken within the parameters of strict safety and legal requirements. Unless your company has experts in every field to make this happen, we’d suggest partnering with a company like TD Global who can walk you through the entire process. Hurrying is not the answer to accelerating real-time rewards.
“Extensive experience in implementing and extracting insight from data, integration and analytics solutions makes TD Global a partner of choice in developing and deploying bespoke digital assets to grow revenue while increasing brand visibility. Our function is to create your data-driven digital enterprise to unlock endless digital possibilities.”
Outsourcing to TD Global provides your organisation with 90 years of collective global experience in creating the blueprint and the journey that brings measurable value to your data. The TD Global Executive Team is an international strategic enterprise technology provider with a digital division that consistently delivers for clients in Singapore as well as Africa.