Transformation as a Service: Thrive Through the Tough Times
Future-Proof your Business by Aligning Technology to your Goals
Struggling to keep up with the lightning-fast pace of technological development? Transformation as a Service (TaaS) will revolutionise the game! TaaS offers a holistic approach to transformation, designing the overhaul of the digital systems in a customisable fashion. In this blog post, we delve into the concept of TaaS and explore its remarkable potential for catalysing success in today's dynamic world.
TaaS: Revolutionising the GamE
Picture this: your business constantly faces a barrage of changes and challenges, and traditional transformation methods are like outdated floppy disks in a world of cloud storage. That's where TaaS comes in. Instead of piecing together fragmented solutions, TaaS offers a one-stop shop for all your transformation needs. Whether you need a tech upgrade or a cultural makeover, TaaS has got it covered.
What is TaaS Exactly?
Transformation as a Service leverages external expertise and resources. It involves partnering with specialised service providers to achieve strategic goals. Most companies lack resources to keep different tech experts hired full-time - very often they are only needed on a project basis. By going the TaaS route, your company can access a range of services tailored to your needs and modernise specific technologies, optimise one problematic process or adapt your entire offering to evolving market conditions.
Transformation and ROI
To combat soaring prices, companies must prioritize cost-cutting measures. Sadly, out of fear of spending, many will fail to adapt to the new reality. According to PTC, exceeding digital transformation expectations yields over double the return on investment compared to falling short. MIT Centre for Information Systems Research (CISR) research shows that businesses that invest in transformation efforts benefit from margins 16% higher than the industry average. Transformation can also secure a near 20% return on investment (ROI). On top of that, with a 10% reduction in overall operational cost, productivity surge of 11% and business growth boost of 10%, TaaS can secure your company’s future even during the toughest of economic storms.
How is TaaS Applied in Different Domains?
Technology Transformation
You need to modernise your IT infrastructure and migrate to a cloud-based environment. By partnering with a TaaS provider specialising in technology transformation, you receive guidance, support, and implementation services to ensure a smooth transition.
Cultural Transformation
You need a cultural shift to foster innovation and collaboration (maybe due to your team going hybrid?). Engaging a TaaS provider with expertise in change management will let you receive a comprehensive program, including workshops, training, and coaching, to promote a culture of continuous improvement and adaptability.
Process Optimisation
Your manufacturing company seeks to streamline its production processes to improve efficiency and reduce costs. Through TaaS, you collaborate with process optimisation specialists who conduct a thorough analysis, identify bottlenecks, and propose solutions to optimise workflows, enhance productivity, and eliminate waste.
Digital Strategy and Innovation
Your retail business aims to enhance its digital presence and improve customer experience. They partner with a TaaS provider specialising in digital strategy and innovation to develop a roadmap, explore emerging technologies, and implement digital initiatives such as e-commerce platforms, mobile apps, and personalised marketing campaigns.
Organisational Restructuring
You work in a large corporation that wants to restructure its business units to align to market demands and increase agility. With the help of a TaaS provider you can assess the current structure, propose optimised models, and guide the implementation process, ensuring seamless transitions and improved operational efficiency.
Transformation as a Service: Key Business Benefits
Studies have shown that it’s pays to change - executives that invested in digital transformation, cite improved operational efficiency (40%), fast time to market (36%), and exceeding customer expectations (35%) as the top game-changing benefits. They also report up to 30% higher customer satisfaction rates.
Accelerated Growth | Drive revenue growth and maximise profitability through targeted transformation initiatives. |
Speed-To-Market | Cut time to market, ensuring faster product and service delivery. |
Enhanced Efficiency | Streamline operations, eliminate bottlenecks, and boost productivity, leading to improved operational efficiency and cost savings. |
Competitive Edge | Stay ahead of the curve with expert guidance, leveraging innovative solutions to gain a competitive edge. |
Agile Adaptability | Embrace change with ease and navigate rapidly evolving market conditions through enhanced agility and adaptability. |
Customer Delight | Exceed customer expectations by delivering products and services faster, ultimately enhancing satisfaction and loyalty. |
Long-term Success | Drive revenue growth strategically aligning your organisation to industry trends and targeted transformation initiatives. |
Unleash the Potential of Change
Change is the new constant, and market leaders get that. With Transformation as a Service, your business future-proofs itself, scaling transformation efforts as and when you need them. New tech available? Market shifts? Customer demands? Bring it on!
How can Marx help your business thrive in tough times?
With our deliverable-based model, you will achieve your transformation goals for less. Marx will help you focus on the services you most urgently need, getting you ahead of the curve, even when the market is not easy.
Reach out to our Transformation Expert and Chief Architect Rajiv (giri@marx-ltd.com) or Strategic Alliance Manager Syed (syed.saad@marx-ltd.com) and book a free consultation today. Alternatively, click the button below to book an appointment with Rajiv via Calendly:
Comments