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// TECH TRENDS //
TRANSFORMING START-UPS : THE POWER OF DIGITAL INNOVATION
Start-ups can often take a more flexible approach to Digital Transformation due to their size . Dialpad CIO , Prashanti Aduma , explains how so much can be learnt from the Digital Transformation distinctions between start-ups and large enterprises .
“
DIGITAL TRANSFORMATION
REQUIRES ORGANISATIONS
TO CONSIDER LONG-TERM
IMPLICATIONS , REGARDLESS OF
THEIR SIZE .
IGITAL TRANSFORMATION
D
HAS been a buzzword in the business world for some time now . Unlike larger companies with multiple legacy systems to juggle , start-ups have often been faster to embrace modernising and automating business processes .
More change is on the horizon , with an estimated US $ 3.4 trillion set to be spent by companies on new technologies by 2026 .
The pandemic has been a catalyst for change and there has been significant digital acceleration in the past three years .
There are important distinctions between Digital Transformation in start-ups and large enterprises , but so much can be learnt from how each approaches Digital Transformation .
Due to legacy technology and the general complexity of larger organisations , large enterprises usually struggle to be agile .
Start-ups , on the other hand , typically choose a more agile and flexible approach when integrating advanced technologies because they are not burdened by the same legacy systems and organisational complexities .
In 2019 , one in every 12 start-ups had AIbased features in their goods or services ; it ’ s likely this is much higher today . The adoption of cutting edge technologies like Machine Learning or AI for a variety of applications , including process automation and predictive analytics , has been spearheaded by start-ups .
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