{"id":8089,"date":"2017-11-09T16:12:18","date_gmt":"2017-11-09T21:12:18","guid":{"rendered":"http:\/\/digitalmainstreet.ca\/?p=8089"},"modified":"2017-11-09T16:30:49","modified_gmt":"2017-11-09T21:30:49","slug":"digital-transformation-separating-fact-fiction","status":"publish","type":"post","link":"https:\/\/digitalmainstreet.ca\/fr\/digital-transformation-separating-fact-fiction\/","title":{"rendered":"Digital transformation: Separating fact from fiction"},"content":{"rendered":"
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This post was first shared on the ModernBiz Blog. To read the original blog, click\u00a0sur ce site<\/a>.<\/strong><\/em><\/p>\n

You\u2019ve undoubtedly read lots about digital transformation, moving to the cloud, and possibly, even cyber security. Thinking that your business or employer isn\u2019t at risk, you might take the wait and see attitude. Just sit on the sidelines while you watch competitors dip their toe in the proverbial digital transformation waters. That strategy works against your business objectives.<\/p>\n

As more small and mid-size companies move their business to the cloud, so shifts the Canadian economy online.\u00a0 How will your business compete in the digital marketplace?<\/p>\n

I don\u2019t speak tech talk<\/h3>\n

You\u2019re busy running your business, so the thought of learning new tech language may turn you off. That\u2019s understandable. Lucky for you, you don\u2019t need a degree in IT management to recognize the benefits of the cloud and how it can work for your business. As an entrepreneur, you have the capacity to see the big picture and quickly ascertain the value of a sound business decision. Although it\u2019s a tough decision to make, modernizing your business should be your next smart investment.<\/p>\n

Resisting change<\/h3>\n

There\u2019s no shortage of excuses when you\u2019re managing cash flow\u2014I get that.<\/p>\n

\u201cWe have no time. Fitting in a digital transformation in this quarter can\u2019t happen.\u201d<\/em><\/p>\n

\u201cThere\u2019s too much work in production; we have to focus on other priorities.\u201d<\/em><\/p>\n

\u201cOr we don\u2019t have a digital transformation line item in this fiscal budget.\u201d<\/em><\/p>\n

If these excuses sound familiar, you\u2019ve been stalling too long already. Time to sign up for growth and modernize your business already!<\/p>\n

What does digital transformation even mean?<\/h3>\n

The short of it is quite simple. Digital transformation cuts costs, boosts productivity, and tightens security for businesses that modernize. By migrating your operations from old business processes to new, secure applications, your business thrives.<\/p>\n

New technology infrastructure can help you spark collaboration; improve internal communication; nurture and strengthen customer relationships; and, best of all, protects your business assets securely in a Canadian cloud. That\u2019s digital transformation in a nutshell.<\/p>\n

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In a survey of Canadian small businesses who invested in technology, Boston Consulting reported that those companies increased their annual revenue 15% faster and created jobs almost twice as fast as their competitors sitting on the sidelines.<\/p>\n<\/blockquote>\n

Learn from Canadian success stories<\/h3>\n

I\u2019m often told that entrepreneurs value successful enterprises. With that in mind, these short Canadian success stories should inspire you to begin your transformation:<\/p>\n