Insight

Digital transformation: business models supported by real-time enterprise architecture

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Before a company can travel the digital transformation journey, it has to get its business model right. That means striking a delicate balance between standardizing and integrating operations—while also staying flexible enough to adopt new technologies. Companies that manage this feat drive fresh growth—and can go head-to-head with the toughest rivals in the digital age.

At a glance

  • Digital technologies help companies get offerings to market swiftly and profitably—through deeper understanding of customers, smarter decisions, and automation.
  • But to capture these benefits, companies must adopt the right business model.
  • Once a company has the right business model, it should build the enterprise architecture—including core customers, integral business processes, shared data, and systems linked to automation—needed to execute it.
  • Companies typically journey through four stages of enterprise architecture maturity: (1) meeting local business needs, (2) standardizing common processes (3) making sure they win all the benefits from standardization, and (4) taking advantage of the platform they’ve created.

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