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DIGITAL TRANSFORMATION

It is the application of digital capabilities to processes, products and assets to improve efficiency, improve customer value, manage risk and discover new revenue generation opportunities.

the problem of digital transformation in Colombian enterprises

Colombian companies are in transformation due to the lack of business leaders who recognize the importance of making changes and evolving digitally as a key to staying competitive. On the other hand, the lack of budget also predominates and becomes a challenge for the transformation of business models.

Causes of the problem of digital transformation in Colombian enterprises

Industry 4.0

refers to the fourth industrial revolution consisting of the inclusion of new technologies in the industry (Schwab, 2016).

One of the causes is fear and resistance to change, as digital and new technologies are marking the behavior of every society and many organizations are apathetic to the issue.

The MinTic plays a leading role in the digital transformation in Colombia, however there is a lack of investment in resources, equipment and materials to educate the entire population of why a digital revolution.

Lack of a strategic plan in organizations to enter the industry 4.0 that is more profitable and competitive.

Regulatory uncertainty, regulatory backwardness and regulatory excess and infrastructure constraint

Consequences of the problem of digital transformation in Colombian enterprises

The company evidences decrease and instability due to lack of immediacy in its operational processes.

Absence of transactionality, that is, with a lack of electronic commerce options

Total loss of forming leaders of the future, capable of building a digital culture and revolutionizing business models.

Obsolete companies that become incompetent with the current market.

ALBERT DANILO BLANCO CASTELLANOS

212032_18

March 2020