How Businesses Unlock More Value through Digital Transformation

By Joshua I. | April 3, 2025

Digital transformation is how companies and businesses incorporate new technologies across all aspects of their operations. The goal is to reinvent their operations, unlock new value for employees, engage with their customers more innovatively and stay ahead in competitive markets. It assesses a business’ operations, products and existing technology stack and develops ways to implement fundamental changes to them by deploying technological solutions.

What Is Digital Transformation?

Digital transformation is a way of continuously deploying digital technology at scale across all areas of an organization in a business, company or organization. But it is not merely the adoption of new technologies; it is a holistic reimagining of how businesses operate, deliver value to both employees and customers and interact with stakeholders. Digital transformation helps businesses deploy these readily available technologies to automate their workflows, engage with their customers better, use data to drive decisions and respond quickly to market disruptions and new opportunities.

At its core, it involves integrating digital technologies across all organizational facets, operations, products, customer engagement, and employee workflows, to drive continuous innovation. The ultimate goal is to meet evolving customer expectations, which now demand seamless, personalized and omnichannel interactions.

Take for a case study the rise of mobile banking that replaced traditional teller visits. This example, among many others show how digital transformation reshapes industries by leveraging technological advancements of its time. The COVID-19 pandemic compelled the rise of remote and hybrid work along with the invention of technologies that support them. The explosion of AI, cloud computing, DevOps and DevSecOps, automation and Machine Learning technologies have reshaped the way businesses operate. These technologies present new opportunities.

Digital transformation helps businesses deploy these readily available technologies to automate their workflows, engage with their customers better, use data to drive decisions and respond quickly to market disruptions and new opportunities.

Read: How Top Businesses Transform Operations Through Automation

Key Domains Where Digital Transformation Can Impact Overall Performance

IBM identified 5 domains where the deployment of modern technologies can impact several critical areas and the overall performance of any business.

  1. Business and Operating Models
    Transforming business models often involves redefining how value is delivered. For instance, Uber disrupted the transportation industry by enabling anyone with a car to become a driver. Netflix moved video delivery through digital instead of physical DVDs, a market that it continues to dominate despite having many competitors. These shifts are not just technological but strategic and culture-shifting. They prepare companies to anticipate market demands and respond more proactively to them.
  2. Workflow Optimization
    Workflows is another domain where technologies like automation and AI can be deployed to handle repetitive tasks and redundant workflows. A digital transformation of workflows makes operations leaner and more agile and employees contribute to more strategic aspects of the business.
  3. Product Innovation
    Embedding digital capabilities into products creates new revenue streams and enhances user experiences. For instance, Tesla’s over-the-air software updates improve vehicle safety and performance remotely. Such innovations blur the lines between physical and digital realms and offer customers smarter and interconnected solutions.
  4. Employee Experience
    Empowering employees with digital tools fosters productivity and engagement. Companies can automate their operations to allow their teams to focus on strategic tasks. Implementing remote work policies supported by remote work tools, BYOD (Bring Your Own Device) policies and collaboration platforms like Slack can help enhance workplace flexibility and employee satisfaction.
  5. Customer Experience (CX)
    Today, CX is perhaps the most paramount domain that requires digital transformation. Consumers expect 24/7 accessibility, highly personalized interactions and instant solutions. The deployment of chatbots and AI-driven support systems in this domain can enable businesses to deliver round-the-clock service that can foster customer loyalty and satisfaction.

Tips for Implementing a Successful Digital Transformation

Identify a Domain and Define a Clear Vision

Digital transformation efforts should target and prioritize specific domains that can impact overall performance. The transformation process should be guided by a road map that details the solutions and resources needed to deliver change to prioritized domains. According to Mckinsey,

“The lessons of past technology innovations still apply: value comes from having a clear understanding of business goals and how technology can help meet them. It’s important to experiment and learn rapidly, but it’s also critical to resist the temptation to develop use cases with exciting new technology that don’t scale and create value for the business.

Create Cross-Functioning Teams to Drive the Digital Transformation Process

Digital transformation should not be outsourced. Businesses that want to go digital need their own tech team working side-by-side with people from across the company. The goal is not merely to incorporate technologies but to transform the entire culture. According to The Enterprisers Project.

“Although IT will play an important role in driving digital transformation strategy, the work of implementing and adapting to the massive changes that go along with digital transformation falls to everyone. For this reason, digital transformation is a people issue.

Invest in Upskilling Employees

As established, digital transformation is not merely the replacement of outdated technologies with modern ones, but the retrofiring of entire culture. An important aspect includes equipping your workforce with the necessary skills and knowledge to navigate new tools and processes effectively. Regular training sessions can help improve digital literacy, ensuring that employees are not only comfortable using new technologies but are also empowered to innovate within their roles.

Adopt Agile Practices

Encourage a mindset that embraces change and innovation. Create a work environment where experimentation is welcomed and new ideas can flourish. This will help your organization rapidly adapt to market shifts and emerging technologies.

Measure, Iterate and Adapt

Establish KPIs that define your transformation goals that can be used to track progress and outcomes in the chosen domain. This will give you valuable insights into whether your efforts are yielding the desired results so you can adjust as needed along the way.

The Future of Digital Transformation

Unlike normal business transformations that end as soon as outcomes are achieved, incorporating the latest technology alone is insufficient. It is only the foundational step in digital transformation. An effective digital transformation requires cultural shifts across organizations and alignment across leadership to build a mindset of perpetual adaptation. The reason is because technology is constantly evolving. This presents its own challenges but moreso, opportunities.

As technologies like generative AI and quantum computing mature, businesses must remain agile. The rise of the metaverse and Web3 promises new avenues for customer engagement, while sustainability-driven innovations will reshape industries. Companies that view transformation as a continuous journey—not a one-time project—will thrive in this dynamic landscape.

This is Where NQLB Comes In

We help companies, small businesses and governments in Nigeria and West Africa identify domains where the latest technology can be deployed. We also help them implement this deployment effectively. To get started, book a call today through our website or email us at [email protected]. Our team will schedule a consultation to understand your needs and develop a tailored approach to help you transform your business operations.