Instead of embarking on a massive multiyear IT transformation, companies can build a data and digital platform that delivers three to five times the value in half the time and at half the cost. By implementing BCG’s data and digital platform, companies can enable new digital services and upgrade their core IT, both of which are critical to the success of a digital transformation.
A digital transformation is a journey—and a prerequisite to modernizing IT. But that doesn’t mean you need to revamp your entire IT architecture to generate meaningful value. There’s a smarter way.
Too many digital transformation programs don't deliver the hoped-for strategic value—especially stronger resilience amid relentless disruption. To beat those odds, companies must view their technology through a decidedly different lens. Here's how.
Now is the time to let go of common assumptions around digital transformation. Replace these five common myths to unlock value from your digital transformation.
At BCG, we believe that a successful digital transformation requires decoupling the data layer from legacy IT so that companies aren’t forced to modernize their enterprise resource planning systems all at once—an expensive, time-consuming, and risky proposition. Companies that implement data and digital platforms—separating the data layer from legacy IT—can scale up new digital services faster, while upgrading their core IT.
It has only recently become feasible to build the digital platform and smart business layers separately from the existing core, thanks to multiple advances in SaaS, PaaS, cloud offerings, low code platforms, and the open source community.
BCG’s UNIQUE CAPABILITIES AND DEEP EXPERTISE
We bring unique capabilities and deep expertise to data and digital platform strategy and development. We count IT architects, data integration and migration experts, and technology and cloud specialists among our data and digital platform consultants. These experts address:
We work with clients on:
Data Strategy
Developing a structured and substantiated view of the value that data can generate for the company—and a road map to achieve it.
Data Governance
Creating a target operating model for data management and analytics, tailored to the needs and culture of the organization.
Our ERP experts help clients migrate away from legacy ERP platforms—and build next-generation data and digital systems.
BCG’s proprietary digital maturity assessments enable companies to benchmark against peers and develop a rock-solid data and digital platform strategy.
We have helped many of our clients build and realize the benefits of digital platforms as part of their digital transformations. Examples include:
Michael Ruttledge, CIO of Citizens, explains how a digital transformation has allowed the company to compete against fast-moving startups.
Generali Italia, a leading insurance company, launched a digital transformation that lowered response time by 50%, reduced down time by 80%, and slashed its defect rate by a factor of ten.
DigitalBCG supported Zoetis in implementing its data and digital platform across the continuum of care, a key enabler in the company’s data and analytics strategy.
Planning and rolling out a complete ERP transformation can be quite challenging especially for globally operating enterprises. Here is an example of how E.ON together with experts from SAP and BCG Platinion got on the right track to make this happen.
Our data and digital platform consultants and industry experts help clients create the foundation for a successful digital transformation. Here are some of our experts on the topic.
BCG Platinion Managing Director
New York
To swiftly achieve the goals of a transformation, the business and IT sides must jointly match the business strategy to the company’s data assets and architecture.
Data is increasingly valuable, yet some organizations lack the capabilities to capitalize on it. A key first step is setting realistic ambitions to improve data maturity.
Updating legacy technology and data management systems is among the IT imperatives for building functions of the future.
Companies that combine site reliability engineering with AI and machine learning can overcome the increased complexity and instability caused by outmoded, inefficient IT systems.
In this fast-growing market, clarity on what constitutes an efficient and effective multicloud approach is hard to come by.
To accelerate a digital and IT transformation and build value faster, focus on business outcomes and decouple the digital transformation from core system replacement.
Learn more about how BCG’s data and digital platform (DDP) approach accelerates digital transformation using a method fundamentally different from legacy technology systems. DDP leads with business outcomes and decouples digital transformation from core system replacement, building value much faster.
