Overall Digital Business Transformation Solutions With Ebizframe RPA, IoT, BI And ERP

Today, the drivers of enterprise innovations are advanced Digital transformation technology solutions such as Robotic Process Automation (RPA), Business Intelligence (BI), Internet of Things (IoT), Enterprise Resources Planning (ERP). They are the most effective tools for empowering global enterprises to optimize efficiency, develop new products and services, build new business models, and narrow the boundaries between business and consumers. It is well-known that now every successful enterprise is a digital enterprise across industries and countries. Global leaders have been vocal about how digital transformation technologies have integrated and supported their customers, workforce, and organizations. It is a fact that Covid-19 pandemic and consequent factors restrained the business continuity as usual but at the same time, it provided a launching pad for organizations to become digital-centric, virtual, and resilient—and to do it all with fast speed and cost-control.

The fast-emerging digital world offers unprecedented opportunities to enterprises to embrace intelligent automation, digitally-enabled business models supporting changed consumer patterns. Focusing on the fundamentals of digital transformation, we can understand more clearly why digital transformation has become an essential part of every enterprise’s business strategies:

• Experiences- Customers and employees want better experiences
• Insights- Business needs new and better insights to support decision-making
• Platforms-Companies need better ways to consolidate information together
• Connectivity-Get relevant information to the right people faster
• Integrity-Need for future-proof, adaptive digital infrastructure without any flaw in its design

These are the building blocks that can be assembled in part or taken together to get business and technology teams to understand each other and collaborate more effectively for digital transformation for any company.

Top 4 Digital Transformation Technology Solutions

Based on their research, our technology experts have found top 4 Digital Transformation Technology Solutions that play a significant role in each successful business growth and are shaping the future products and services market.

1. Robotic Process Automation (RPA)

Robotic Process Automation (RPA) is one of the most popular digital technologies that support all functions within an organization to evolve and change with significant improvements. Given RPA Bot’s capabilities, enterprises are able to manage time-consuming and prone to error operational work such as order and claims processing, human resources processes, customer onboarding, invoicing and payment activities, and tax return applications. Industries like retail, BFSI, healthcare, and manufacturing are using RPA applications to automate cumbersome, high volume, and rule-based repetitive tasks.

2. Internet of Things (IoT)

The Fourth Industrial Revolution, Industry 4.0 and the Industrial Internet of Things (IIoT) technology both set the stage for digital industrial transformation together. The Industry 4.0 revolution has given rise to a large number of IoT use cases in the manufacturing industry that can be applied in other industries now. From warehouse management to predictive maintenance, the IIoT technology is drastically reducing machine downtime, and improving operational and resource optimization across the entire organization ecosystem. For example, an IoT-based real-time monitoring application allows live monitoring of assets, production, and operations to proactively identify and resolve issues. It results in reduced downtime and maximizes productivity and output.

3. Business Intelligence (BI)

Today, Business Intelligence Tools help businesses to integrate disconnected data sources, and transform that data into business actionable insights. It comprises advanced technologies and strategies used for analyzing data and presenting actionable information in world’s top organizations. Business Intelligence has built-in reporting, data processing and mining, text mining, predictive and prescriptive analytics functions to support better decisions.

Businesses that fail to adopt advanced data-driven practices risk losing a significant competitive advantage as well as market share and revenue.

4. Enterprise Resource Planning (ERP)

The notion of digital transformation is about how an organization can change and improve various processes from backend to frontend by giving greater flexibility to customers, suppliers, and stakeholders for interacting with a business. Facilitating this, ERP software integrates all aspects of business functions, leading to higher efficiency and customer satisfaction. Hence, ERP software like ebizframe is essentially the platform on which the digital transformation initiative can be launched.

Today, many companies are even scaling their existing ERP’s functionality by integrating it with RPA, BI and IoT technologies with the help of digital transformation technology solutions providers such as Eastern Software Solutions. It empowers them to boost their productivity with transformed business processes.

6 Key Benefits of Digital Transformation for Enterprises

• Enriches customer experience
• Extends global market reach
• Increases sales and ROI
• Improves customer acquisition and retention
• Access to data-driven customer insights
• Boosts productivity with streamlined workflows

Digital transformation is to equip all areas of a business with digital integration, connection, automation and analysis technologies. There are various factors that need to be considered before evaluating digital technologies for any business. Organizations across industries are seeking ways to make legacy processes smart and resilient, accelerate system efficiency, strengthen security, and increase profitability.

As a recognized enterprise digital technology solution provider, you may be interested to explore what Eastern Software Solutions can do for your business.