A technology transformation advisor at Magnitune, Sreedhar Maley, who is experienced at Agile Methodologies, and a certified Professional Scrum Master, refers to a survey published by McKinsey on digital transformation initiatives states that “Success rates also vary by company size. At organizations with fewer than 100 employees, respondents are 2.7 times more likely to report a successful digital transformation than are those from organizations with more than 50,000 employees”.
Sreedhar Maley states that larger corporation will achieve success with their Technology Transformations by starting with thorough analysis of processes and work-flow taking place in the enterprise, and by embracing and adapting agile frameworks for feedback and action.
Our consultants focus on analyzing the following five foundations which make up the success of Technology Transformation Initiatives.
Customers the enterprise reaches out to
Employees of the enterprise who provide the service
Vendors to the enterprise
Ease of Automation of cumbersome, mundane and repetitive tasks using the chosen technology.
Communications, i.e., a Feedback mechanism that easily results in Action which is essential to continuously improve the quality of service provided by the enterprise, and the quality services your vendors provide to the enterprise.
We will help you identify and document your enterprise's strengths, and items of gaps, opportunities to improve for these five fundamentals as you embark on your Technology Transformation journey, and will continue you to help you rate, review and update the changes regularly and frequently during the transformation journey.
Our consultants will help you to set budgets based on the analysis phase output, supported by reasonable assumptions which would be based on success stories of similar technology transformation initiatives as applicable.
In other words, we state that an Enterprise Technology Transformation Success Story in the digital economy starts with a “CEVEC Foundation” described above.