Data Digital Transformation
Digital Transformation has been portrayed in many different ways in the media creating confusion and missteps for businesses.
What’s clear is that companies successfully transitioning to a data digital environment will be the future winners.
But in practice what does it mean? Where do you start? and Does portfolio company management have the time and experience to achieve a successful transition?
Cognitival's Data Digital Value Creation services provide impactful solutions that help solve these questions, provide a clear vision and rapidly grow value
Research by Gartner & McKinsey shows that only 20% to 30% of Digital Transformation projects deliver the expected outcomes.
Your Data is an Asset in its Own Right
Do you have confidence in the integrity of your data?
Do you have data silos that prevent it being reused across the organization?
We treat data as an asset and work with you to identify the data critical to the operation of the business, who uses it and what’s needed to drive improvements in business performance
Our suite of Data Digital Value Creation (DDVC) solutions help you navigate the digital transformation landscape, maximize the impact of digital investments and grow enterprise value.
Our methodology goes beyond just digital technology, we focus on an integrated data first end-to-end approach which incorporates people, processes and critically change management which is essential for technology adoption and scalability.
We work with Private Equity owners and portfolio company management to understand the strategic goals, current state, culture, competing offerings and market conditions.
The next step is to collaboratively build a strategic investment plan (Roadmap) of affordable agile and prioritized data digital initiatives together with a change management plan designed to grow revenue / margin and increase the value of the portfolio company.
Appropriate and affordable to the size and maturity for portfolio company
Deliver Operational Excellence
Protect & increase existing revenue and margin
Identification of new data & technology driven revenue streams
Establish market differentiation & increase market share
Change Management and Technology Adoption plans
Organization readiness and scalability
Detect & eliminate potential technology vulnerabilities
Establish measurable success measure for each initiative
Dashboards provide visibility of status and impact of initiatives
Fully supported programme implementation and skills transfer
The most overlooked and often hardest part of any data digital transformation is managing the impact that changes have on your people, the uncertainty of change can create an unstable environment and ultimately a lack of adoption and wasted investment. From the start we work with you to identify the processes and people who will be impacted by the change and build a change management plan heavy on engagement and communication