The project establishment, procurement and project construction of the related digital systems are also mainly determined by the business department. Whatever system is needed for the business, it will introduce whatever system is needed. Either extreme will inevitably lead to the failure of the digital transformation of the enterprise. The single-handed digitalization of either business or technology is doomed to fail. On the contrary, in practice, we suggest that the implementation of digital transformation should be guided by systematic thinking, business thinking, service thinking and business technology integration thinking rather than simply buying and selling software or developing software behind closed doors.
2. Common phenomena of transformation failure kuwait mobile number In practice, we often see such phenomena in digital-related systems: The software selected by the business department has pitfalls in the technical link, resulting in a large amount of fixed opening fees and additional expenses. The business department is unwilling to use, does not know how to use, or even refuses to use the software selected by the technical department. The lack of system maintenance and data backup pose major security risks. The system is difficult to run smoothly without guidance for technical problems. In terms of data assets, which is the key to digitalization, we often see the following scenarios: Dirty and messy data is scattered among various systems.
The timeliness, integrity, and validity of the data cannot be guaranteed. There are no standards for data, and the standards are not unified, and the management is chaotic. When the actual data is applied, a lot of time and manpower costs must be spent on data cleaning. The underlying logic of the report submitted to the upper level is not convincing. Lack of professional and full-time data management, application and operation personnel, and the responsible party cannot be found when problems arise. 3. Background of the above phenomena or symptoms With the rapid development of financial technology, the mature application of technologies such as artificial intelligence, big data, and cloud computing, digital transformation has become an important strategy for the development of securities companies.