In the past, business strategies, like their operations, were mostly manual. There was a more laid-back approach; a plan but with the understanding that the business could figure things out along the way. The problem with this? The smallest of disruptions could render the business unable to adapt and operate.
It goes without saying that some of the best things are born from challenges and instability. Innovation is primarily driven by the need to adapt to change or volatile conditions. The COVID pandemic has been one of the most trying times for the planet in recent times. After months of locked doors, businesses have begun to open their doors tentatively, but it is clear that things won’t be the same for a long time.
There has been a great change in the way customers deal with businesses now. Businesses that can’t adapt to these changes won’t be able to survive the following months. While many businesses have easily switched to online shopping, home deliveries, and curbside pickups, they aren’t yet ready for massive digital operation on a large scale. Organizations need to be able to adapt and shift focus to what will drive revenue and cater to the changed needs of their customers.
Providing seamless and consistent experiences to customers and partners is one of the major purposes of digital transformation. Data gives context and allows business operations to create powerful experiences. However, when data becomes stacked up and inaccessible, they become silos. The raw data is isolated and locked away from the rest of the organization. This reduces the transparency and progress of businesses.
However, data silos can be broken with API-led approaches. This will keep the application data synchronized in real-time empowering businesses to deliver dependable experiences.
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