Digitalization & Utilization
Digitalization is one of the hottest business topics right now. Although everybody seems to understand different things by it one thing is for certain – digitalized companies are supposed to have the newest technologies and methods.
Unfortunately, spending a lot of money on new tech does not automatically mean you are better off than before. Imagine you buy a brand new Ferrari but if you don’t know how to drive it, you won’t get any benefits out of it. It is the same with digitalization. If you want to really make the most of it, you need to focus on utilization rather than spending.
If you are using what you have right, you might not even need to invest in new digital projects but just make great gains from what you currently have.
To explain this, we introduce a concept we call T.V.M. – Time, Value, Money. If you use your digital toolset right, you can save a lot of time, achieve greater value, and thus greater benefits and see a sizable revenue boost. All this is possible without any enormous investments.
Digitalization doesn’t have to be about spending a lot of money but rather about using what you have right and turning it digital in a smart way.