Digitalization is not just about implementing new solutions, migrating to the cloud, or integrating systems; it is about creating long-term improvements in the business. A prerequisite for continuously investing in digitalization is a digital ecosystem – a cohesive network of digital solutions that optimize business processes and open up new revenue opportunities.
A digital ecosystem is not just about which individual systems exist within an organization but about a whole that encompasses everything related to the company’s processes and dependencies. It is about creating a flow between business domains and systems so that data can be shared seamlessly. Instead of viewing systems as isolated solutions, the goal is for them to come together to create an integrated platform that mirrors the company’s business structure.
To make digital solutions more efficient, it is crucial to build the ecosystem based on business domains. This approach ensures that data flows follow the organization’s processes. Read more about domain-driven design and why it is beneficial for businesses.
Why don’t we let systems communicate in the same way we do? When an order comes into the web shop, it should be able to inform all other systems about it seamlessly. Data then flows both naturally and in real-time.
Oskar Lundgren, CEO at Meta Bytes
See digitalization as an ongoing effort where the goal is not just to replace old systems but to create a platform that continually evolves.
It is essential for digitalization to be goal-driven and for the company to clearly define what it wants to achieve. By identifying and connecting business goals to digital tools, the company ensures that the right tools are used to achieve objectives like increased customer satisfaction, improved efficiency, and new revenue streams.
A well-developed digital ecosystem requires that systems can share data and work seamlessly together. For this to function efficiently and at scale, it is advantageous to have an integration platform rather than creating point-to-point integrations. This reduces technical debt and makes it possible to add new systems without complicating existing data flows.
Building and maintaining a digital ecosystem is a complex but necessary investment for companies that want to remain competitive. A well-functioning digital ecosystem enables companies to realize their long-term vision, respond more quickly to market changes, and continue to create value.
A digital ecosystem is therefore not just a set of technical tools but a platform for growth and innovation that allows companies to fulfill their long-term vision, adapt to market changes, and create value for both customers and the business over time.
Watch our CEO Oskar talk about digital ecosystems and how one of the most important things is to not treat your systems as isolated units.
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