Digital Solutions for Recession Resilience

Accelerate Digital Transformation for a Recession Resilient Business

IS DIGITAL TRANSFORMATION STILL RELEVANT DURING A RECESSION?

By now, most companies understand that digital transformation will drive a more profitable future: better customer experience, streamlined business processes, more secure data, shorter time-to-market, and a business that operates more productively in every way. The question is how to reach that future potential and maintain it during recessionary periods where you reap the benefits of a digital transformation solution within the realities of the current fiscal year. Can digital transformation strategies be accomplished without disrupting ongoing operations?

How Digital Transformation can enhance your recessionary strategy:

Cost reduction through new technologies like cloud migrations, AI, and automations
Enhancements of current products or services through digital technologies
More accurate customer insights to proactively address market trends and revenue tracking rather than reacting

Allows for diversified revenue models over single service revenue models that can handle recessions with more room to flex
Increases data integrity and reconciles data across different platforms with a reliable and integrated CRM
Ability to generate accurate revenue forecasts and gain a distinct edge rather than accumulating vast silos of data

SECURING DOLLARS FOR DIGITAL

To execute a digital strategy effectively and efficiently, it's vital to assess the people, process, technology, and change management aspects of each investment. Find out if you have the digital capabilities necessary to push the needle forward on your business priorities or if you are missing out on opportunities to grow with our 10-minute Digital Performance Indicator.

FEATURED RESOURCES

BOOST THE VALUE OF YOUR MARKETING INVESTMENTS

Are you investing in the right tools for your team? Assessing your existing MarTech stack can help not only uncover gaps, but also provide insight into which tools you should keep, retire, or purchase to boost value from your investment. Take BDO Digital’s free self-assessment to make sure you are investing in the right tools for your team and capitalizing on the power of your MarTech stack.

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MAXIMIZING YOUR IT INVESTMENT

Accelerating technological innovation can help you build a more resilient and adaptable business. Now is the time to pursue digital transformation initiatives and increase spending in your IT departments so you can bring your businesses to the next level. However, with so much focus on digital transformation, it’s critical to remember that IT initiatives are about much more than just choosing the right technology. If you’re investing in IT this year, consider these seven steps to maximize your investment.

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Digital Transformation Strategies

BDO Digital helps middle-market companies develop and execute practical, financially responsible digital transformation strategies. Get a personalized evaluation of your organization’s digital maturity level and opportunities with our Digital Performance Indicator (DPI) tool. Discover how your organization’s digital maturity stacks up against your peers polled in our 2021 Digital Transformation Survey.

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RECESSION RESILIENCE DIGITAL RESOURCES

DO YOU KNOW WHAT YOUR IT MATURITY STATUS IS?

Find out in our short assessment where you can also receive recommendations based on your top goals over the next 12 months and resources for improvement

GET IN TOUCH

Looking to learn more about how BDO Digital can help you?
Get in touch and we'd be more then happy to answer any questions you may have.