How digital business is a paradigm shift from simple digital transformation that helps businesses respond to their respective markets
Why is Digital Business important?
Because companies can now move with greater speed and agility and develop simplified usage of complex data models to identify and more swiftly respond to opportunities. It creates a new discipline and culture of thinking outside of the current complex environment and enables innovation, collaboration, and speed. Many people think digital business is transformation; rather, it is a fundamental change driven by continuous innovation and cultural excitement in organizations that enable higher productivity and tangible business outcomes.
Key elements to digital business are:
Digital businesses create competitive advantages based on a combination of collaboration between technology and business teams, being focused on specific outcomes, and bringing together digital and physical resources. Substantial ROI comes from delivering fast bite-sized outcomes, rather than taking a big-bang approach. Digital business is simply a new and better way to accelerate business growth and profitability.
Learn about the key behavioral patterns ascribed to digital business:
About the speaker:
Raj Vattikuti - Technology visionary and acclaimed business leader who has played a significant role in shaping the IT industry globally over the last four decades.
Raj is a technology visionary and acclaimed business leader who has played a significant role in shaping the IT industry globally over the last four decades. Raj founded Covansys Corp in 1985 that sold to Computer Science Corp in 2007.
Driven by a passion for game-changing results and modernization of the IT industry, Raj established several successful business ventures, including Synova Inc, Vattikuti Technologies, Vattikuti Ventures, and Davinta Technologies. He formed Altimetrik in 2012 with a vision to create a global company that can catalyze digital transformation by bringing a holistic approach and enabling a new emergent culture in organizations. Altimetrik helps to bring unique culture to enterprise clients to build speed and agility by taking more product approach and help to create the enterprise platform by leveraging client resources and their technology.
Through his different ventures, Raj has supported leading global players in healthcare, manufacturing, automotive, retail, travel & hospitality, financial services and has gone the last mile to make technology accessible to less privileged.
Raj is a committed philanthropist, having launched several initiatives. He is the recipient of TiE Detroit 2017 Lifetime Achievement Award, Woodrow Wilson Award for Corporate Citizenship 2002, Ellis Island Medal of Honor and Dykema Gossett 2001 Lifetime Achievement Award. He is a graduate in Electrical Engineering from the College of Engineering, Guindy, India, and post-graduate in Electrical and Computer Engineering from the Wayne State University USA. Raj received an honorary doctorate for Business Administration by Bryant University USA.
Raj was honored by the globally acclaimed EY Entrepreneur of the Year Award in the US National Category in 2020.
Click here to view Raj's Linked In profile
About the organizer: Konsälidön & Altimetrik:
Konsälidön is the tipping point ushering in the new era in consulting. We have built a first-of-its-kind digital platform to connect organizations with consulting teams.
Unlike in traditional consulting partnerships, our platform enables us to operate a decentralized and distributed global firm. We have already grown to 200 consulting teams in our first year of operations and are preparing to grow to 4,000 consulting teams in the next five years.
Altimetrik is a digital business enablement company. We deliver bite-size outcomes as organizations scale digitalization to accelerate revenue growth without disrupting ongoing business operations. Our practitioners and agile engineering teams create solutions that drive transformation and achieve business goals. With offices across the globe and 2,500+ energized practitioners, Altimetrik partners with Fortune 500 and mid-size companies alike to enhance their agility, empowerment, and success.
This event is being organized by Altimetrik in collaboration with Konsälidön as a part of their Könnected Insights Web Summit.