Your systems are old, but to your employees (and maybe even existing customers), they’re familiar, a beloved pair of well-worn jeans. Why endure the heartache and cost of upgrading them?
Revitalizing IT infrastructure becomes less negotiable with every passing year, especially in fast-changing industries. According to the World Economic Forum, digital transformation has the potential to create $100 trillion in “combined value” by 2025. Transforming your company’s digital culture may seem painful, but that isn’t the kind of value you can ignore.
Digital transformation encompasses a variety of positive long-term changes—changes that can save money and reduce risk.
Challenges with Aging Technology
Relying on outdated technology can introduce risks to any industry. As an example, let’s look at the issues that can arise at an insurance company that resists the transition to new technology:
- Low Agility: Modern application platforms are fast and old tech is slow. Without the power of cloud computing, a business might struggle to scale rapidly to comply with the ongoing market trends.
- Lax Security: Out-of-date hardware and software may open vulnerabilities to cyberattacks, and any data loss will be more difficult to recover.
- Limited Collaboration: Older communication gear may leave your team playing telephone, increasing human errors and delaying approval processes. On the other hand, legacy systems or processes make your employees disengaged and affect productivity.
Without staying current on these advances, problems can pile up, leaving you behind your competitors regardless of the capabilities of your team and the quality of your business model.
Why do enterprises need to consider legacy modernization in 2021?
In this modern era, businesses are likely to use advanced technologies to build their applications to stay ahead of the competition curve. Then, how about running your business on an age-old software application that is not supported by modern web browsers or operating systems?
Certainly, they struggle with compatibility, security, and maintenance challenges.
Therefore modernizing legacy applications with digital transformation strategies is the need of the hour. As a result, it ensures better customer engagement, experience and drives more sales than before.
Well-designed legacy modernization and digital transformation strategies enable you to take advantage of modern technologies, automate bottom line operations, reduce manual errors, and give you a competitive advantage.
Through legacy application modernization, you can cut down data silos and make data accessible to everyone across the enterprise while maintaining security, efficiency, and productivity.
However, moving an on-premises application to the cloud without a clear roadmap and no thought of ROI doesn’t yield good results.
Staying Ahead of the Future
With the advent of modern cloud applications and digital automation, customer needs have changed dramatically, and looking for the best services provider within a short time.
Undoubtedly, early adopters will always have a competitive edge over others who are reluctant to change.
Some insurance companies have already caught on and begun investing in emerging technologies. Look at Lemonade, a property and casualty insurance specialist that couples a uniquely transparent business model with iOS and Android application platform integration to let customers choose a plan in under 90 seconds.
That’s one type of innovation happening today. However, true innovation is about looking towards tomorrow. Here are two examples of what’s on the horizon:
- Artificial Intelligence: Advancements in AI may soon create learning machines capable of optimizing all channels within your company and ensuring customers have a seamless experience with your voice thanks to enhanced chatbots and external interfaces.
- Blockchain: When it comes to alternative currencies, Blockchain is still one of the most exciting and the least understood technologies. But this technology could change banking and business as we know it, enabling new ways to manage assets and money.
The real cost of new cloud platforms and digital automation:
With all these potential benefits, why would anyone fight digital transformation? Cost. You might assume the largest hurdle is paying for all those new IT resources. And it’s true that most companies face those kinds of technical challenges, whether it’s ensuring predictability of IT budgets or making new systems “future proof” so they won’t need to invest in a few short years.
But technology is not a true asset here. The answer isn’t just faster computers and more space in the cloud. Those are simply tools in the box.
Your real asset is your tech talent.
Hiring the right people is the only way to get your IT infrastructure up to speed and drive digital transformation. Depending on your talent model, you may need contract workers or permanent employees, but either way, you’ll need to hire the best quickly and efficiently.
Role of IT staffing solutions in talent acquisition:
Bringing experienced professionals into your team is pivotal to gain a competitive advantage in the user-dominated and technology-driven market. However, due to lack of a process and inadequate resources, many companies face challenges in reaching, nurturing, and hiring top talent.
Rather than rigid staffing strategies, flexible IT staffing solutions can help you hire skilled tech talent at a speed and scale.
Let’s look at the top benefits of collaborating with an IT staffing company.
1. You can gain a competitive advantage:
As the demand for tech resources is growing enormously, an IT staffing company can help you with pre-screened and pre-qualified resources that enable you to kickstart your project immediately.
Further to regular hiring practices, a few IT staffing companies leverage video interviewing platforms to make the recruitment process transparent and effective.
2. Employee retention can become easy:
Employee retention is one of the major factors that contribute to the success of an organization. On the other hand, it is one of the biggest challenges for growing companies. Unlike in a traditional hiring process, working with an IT staffing company can improve employee retention and strategize contingent staffing models to ensure business continuity regardless of unprecedented disruptions.
3. Right fit at the right place:
Hiring a resource just to fill the open position doesn’t guarantee you productivity. It requires extensive research and screening. While many SMEs fail at various phases of the recruitment life cycle, they end up with bad hires.
Whereas an experienced IT staffing company can help you in hiring the best resources. Further reduces the cost of a bad hire and team morale.
4. Get access to specialists:
The need for data analysts, cybersecurity, AI & ML experts, and app developers is growing higher than before. This further challenges SMEs with limited internal resources and talent pool. Therefore, working with an IT staffing company can help you get skilled professionals of varied experience and expertise.
As they maintain a large pool of verified experts, it can make your selection process easy and quick.
Amzur’s IT staffing and digital transformation services:
Going with an IT staffing firm like Amzur can take the sting out of this process. We offer a comprehensive screening process and holistic talent strategy, both of which allow you to fill positions faster by drawing from an existing active talent pool and using a sustained talent pipeline.
With an approach like this, you’re getting quality candidates without the guesswork. If you already have an internal IT organization, acquiring new talent dedicated to digital transformation can free up existing employees for more strategic objectives.
And, right now, you need a digital transformation strategy. Our world is changing. Technology advances by the nanosecond, and this transformation will continue improving and evolving commerce at incredible rates. Don’t get left behind. Adjust your corporate culture, open your doors to new talent, and get ahead of the change.
Are you on the verge of digital transformation and looking for a trusted technology and IT staffing partner?
Are you concerned about the rapid adoption of technological change, especially amongst your competition? If so, would you be open to chatting for 15 minutes so that I can tell you how we can deliver actionable results within 30 days of engagement, providing more value, and getting you future-ready, faster than larger firms?