Find out why digital transformation is so important.
Nowadays, the importance of digital technology has exponentially heightened, especially after a global pandemic that disrupted the world in 2020. Today, we are seeing accelerated AI, digital channel interactions, advanced data analytics, chatbot integration, automation, or virtual care dominating the digital landscape—all these changing the way customer interactions are handled, created, and elevated. Thus, digital transformation is no longer an additional benefit, it is now necessary in order to thrive in today’s rapidly evolving world. Here are a few statements elaborating why:
- Digital transformation allows efficiency and accuracy that can help improve business performance
- It elevates the customer experience, addressing the customers’ expectations for faster, simpler, safer interactions and service
- It improves business resiliency and ability to adapt to changing customer needs
- It enhances customer interactions
In addition, IT Pro explored the many benefits of implementing a digital strategy:
- Digital transformation can empower employees and allow them to become more effective
- It helps organizations and businesses make decisions effectively and quickly
Digital Transformation Insights and Trends
- Forbes stated that digitally mature companies are 23% more profitable
- Statista stated in their report that digitally transformed enterprises accounted for 13.5 trillion U.S. dollars of the global GDP in 2018; it is predicted to account for 53.3 trillion U.S. dollars by 2023
- Global spending on digital transformation will increase to 4 trillion U.S. dollars, according to Statista
- The average percentage of digital interactions rose globally, according to McKinsey
Our very own Teleperformance Customer Experience Lab (CX Lab) also detailed insights in their white paper “Redefining the Customer Experience for a Post-COVID-19 World,” highlighting the following observations concerning digital transformation:
- The growth in customer service demand from online-based services was evident
- There is a noted acceleration in mobile app adoption
- Chat with Live Agent will surpass Email/Web form by 2021
- Chatbots will engage with nearly twice as many users within two years
- Channel growth will soon propel Instant Messaging into the fifth position in terms of usage
Riding the Digital Transformation Wave
How are the world’s most popular brands harnessing the many capabilities and opportunities of digital transformation, and why is digital transformation so important?
- A prominent hair salon brand is successfully utilizing its mobile +geotagging application to serve customers better: customers fill in their profile—hair length, natural color, fringe, and expectations, then they can create a new look. They take photos of themselves to test different cuts and colors to find the style that suits them.
- A world-famous furniture brand is using Augmented Reality (AR) to allow customers to virtually choose furniture before purchasing.
- Robot Retail: a local grocery used robots to conduct grocery deliveries to customers in the area.
- A popular beverage is redefining the industry by moving 60% of their on-premises workloads to the Cloud.
The Right Balance of High-tech, High-Touch
In this age of everything-digital and hyperconnectivity, every interaction counts. Understanding the new customer mindset—where convenience and speed are of great importance—is crucial. The ability to proactively determine the right customer experience delivery is critical in retaining and inviting customers in today’s digital age.
Teleperformance puts our clients’ needs at the heart of transformation. Being a global leader in the industry has allowed us to develop a framework that empowers brands and businesses to build a sustainable transformation program. We do this with our high-tech, high-touch approach: striking the right balance between harnessing the power of technology and allowing it to assist our employees, who remain at the heart of each interaction.
—Sid Mukherjee, Teleperformance’s Global Head of Technology, Analytics, and Process Excellence (T.A.P. ™)
Get ready to embrace the future through digital transformation! Learn more about Teleperformance’s digital business transformation services today.