Read Time, 4 min.

If you think about it as ones and zeros, soulless spreadsheets, forms and figures, probably not. But what if data could help make cancer and world hunger subjects that kids only learn about in history lessons a decade from now? What if it powered technology that understood our needs and worked proactively to meet them? What if it drove tools that become an extension of us; augmenting our abilities, and empowering us to do more and achieve more than we ever thought possible, at work and at home?

Would you be excited about data then?

While dull and lifeless in its everyday form, the data that surrounds all of us has the power to surprise, delight and deliver results every day, if harnessed in the right way. As part of the fourth industrial revolution we now find ourselves in, the power of technology is increasing exponentially, and so are the possibilities. Through cloud computing, the Internet of Things, AI and beyond, today’s technology enables us to go further, faster. By pooling data from multiple sources—be it connected devices, sales figures, GPS tracking or social media, it helps us to understand and act on evolving customer and end user behaviour; finding the best ways to sell, learn, and provide engagement and entertainment.

From simple tweaks and time-savers in our everyday lives, to business-critical solutions that add value for customers and employees, all the way to solving the biggest challenges faced by society and humanity; the democratisation of data and digital transformation has the power to help us all reach for the stars.

For businesses, it’s no longer the case that the smallest are crushed or the largest prevail. Rather, it is those that innovate and rethink that succeed. By embracing cloud technology and intelligent business apps, you can truly elevate your business operations. Putting dormant data to work, you can get to know your business better than you ever have before, shedding light on how it operates and the desires of your customers, and calculating routes to enhanced efficiency and reduced costs.

We can no longer afford to take a risk-averse, legacy-minded approach to business that blinds us to opportunity and limits our vision. Across industries, digital transformation is providing agility and competitive advantage; bringing organisations together, connecting processes, people and ideas, and driving innovation, customer satisfaction and growth. Data, front and back office workflows, devices, equipment, remote workers and global teams can all be connected and work in harmony, helping you to focus on the future and what’s best for your business.

Whether it’s expanding into new markets faster by using AI and video conferencing to translate multiple languages in real time, providing augmented reality shopping experiences to customers, or benefitting from equipment that tells you when it’s about to fail or needs to be replaced, digital transformation is changing our world. And business owners and employees must embrace this new normal in order to mount a challenge, helping people and processes to adapt and establish new value propositions and competitive advantage. With the right skills, the right infrastructure and the right culture, the benefits are infinite.

Digital Transformation will bring an end to the product recall, with enhanced visibility and analytics enabling businesses to identify a single faulty item on a shelf, rather than simply the batch or shipment it came from. It can provide more personalised interactions with customers and better inform retail staff, delivering a superior consumer experience. It will enable mass production, from cars to couches, to be uniquely configured by consumers while retaining the same price point and lead time. And it can unlock insight into your supply chain, helping you spot trends, avoid disruption and reduce costs on a global scale.

Safely stored in the cloud, compliant and protected by best-in-class security: your data, and the tools you use to harness it, can truly empower your business. By investing in and developing new technologies, you have the chance to enhance the productivity of your people and better understand your customers in a dynamic digital economy, paving the way for new and exciting experiences that deliver tangible and often game-changing results.

Now, imagine these opportunities for innovation, transformation and growth for your business, and ask yourself again… Do you get excited about data?

Free AI report: Artificial Intelligence in Western Europe - How 277 major European companies benefit from AI

Discover how your Western European peers use AI to digitally transform their organization

Discover more related articles per industry:

Education

Finance & Insurance

  • How to transform banking with Personetics’ revolutionary app

    How to transform banking with Personetics’ revolutionary app

    A new generation of customers now expects much more from banking. The customer journey, not the product, needs to be the focus for financial services. And the key to enhancing it is data.   Personetics is responding to this demand with its white label solution that allows any bank to start to maximize the benefits of […]

  • a view of a city

    Harvesting data helps save water

    With more than 140 years of history, the financial service company Ibercaja is deeply invested in the north-east region of Spain. In order to support its rural clients and solve the local water scarcity problems, the company now helps farmers to digitally transform their crop management. Key to this transformation are “Internet of Things“ enabled […]

Government

  • Citizen-Experience-Image

    A focus on Citizen Experience drives public sector transformation

    In recent times, providing a responsive and efficient service that meets citizens’ expectations has become a priority for public sectors across the EU. But as citizen experience (CX) – such as improving citizen satisfaction and providing efficient digital services – takes center stage, many national, regional and local government organizations are falling behind. Governments must […]

  • a woman sitting on a sidewalk

    How to digitally transform citizen services

    “Having a website, call centre and information desk isn’t enough. Citizen services need to be streamlined to empower citizens and government employees alike.” The eBook ‘The digital transformation of citizen services’ is honest in its appraisal of the urgent challenge facing governments worldwide, whose citizens expect their digital experiences to match the quality of those […]

Healthcare

Manufacturing

Retail

Discover more related articles per dossier:

Customer Stories

Digital Transformation

  • Person A, B, C, D together in the Conference Room, using Whiteboarding in a Teams meeting on Together mode on a Yealink Ideation Board.

    Microsoft partnerships drive innovation and growth in Europe in times of uncertainty

    These are uncertain times in Europe. Companies are navigating challenges stemming from inflation, global supply chain issues, a war on our doorstep, the resulting energy crisis, and ongoing IT skills shortage. Many businesses are struggling to balance how to optimize operational efficiencies with the pursuit of long-term growth. At Microsoft, we know that customers who […]

Security & Privacy

Tips