The pandemic’s effects have created a new business environment where technology-driven change is essential for success, leading to an unprecedented rise in digital transformation awards. This has caused an evolution in the role of IT specialists from “reactive facilitators” to “transformation enablers,” with technology playing a pivotal role.
To put it briefly, digital transformation refers to any significant alteration made to a company’s operations, particularly with regard to technology. Although there was a time when this phrase and the broader notion of “business transformation” were considered separate, they are now arguably synonymous. These days, technology is always a part of any such “fundamental changes to business operation.”
This does not change the fact, however, that for businesses, the stage has long since passed where digital transformation became a question of choice. The spend on digital transformation projects is expected to hit an all-time high of $6.8 Trillion by 2023, and business transformation now ranks as a top priority for more than half of all enterprises. So it is getting increasingly difficult to stay differentiated in this increasingly crowded space.
We have experience with digital transformation as well, having developed the most extensive awards database in the world and a special cloud-based planning tool to assist our knowledgeable awards staff. Being the first and biggest award writing consultant in the world, we have created our own proprietary technologies to stay ahead of the curve in the awards scene. The most distinguished awards on the globe are chosen, entered, and won by us on behalf of the world’s top companies. These include numerous “Digital Transformation Project of the Year” and “Partner of the Year Awards” for Microsoft, AWS, and Google Cloud Platform, among other companies.
This post delves into the four primary categories of digital transformation and offers recommendations for industry-specific awards and top initiatives for your company to consider.
Digital Transformation Types
Four widely acknowledged categories of digital transformation exist:
Change of process
This is the process of reimagining or optimizing corporate processes in order to increase efficiency. This can be done by automating, streamlining, or upgrading current processes. Upgrades to technology, improved data gathering techniques, cloud-based or AI-driven solutions, and the replacement of antiquated procedures can all be included in process transformation.
Consider entering the Global OPEX and company Transformation Awards’ “Best Process Transformation Project Under 90 Days” category if you have successfully transformed one of your company processes. Another great option are the Business Transformation & Operational Excellence Awards.
Changes in Business Models
Any company that starts a business model transformation program is going to be drastically altering their operational procedures. Business model changes focus on fresh, creative approaches to work that go against accepted conventions in the sector. One example of this would be a physical store switching to an online-only business strategy.
Business model transformations are typically enormous undertakings, and organizations that are able to persevere through the process are recognized with accolades like the ones mentioned above and Scotland’s Herald Digital Transformation Awards, which particularly recognize “Digitally transformed businesses.”
Several categories in the Computing Digital Technology Leaders Awards honor these accomplishments, including “Digital Transformation of the Year” for both large and small businesses.
Domain Conversion
Domain transformation is the process of redefining old products and services with the aim of opening up new markets, developing unique product niches, or adapting current corporate capabilities to new uses. Domain transformation might involve creating completely new markets based on innovative services or products being used in previously untried ways. It is not only about repurposing current capabilities to already existing markets.
We anticipate significant growth in this area in the years to come. Entertainers of the Top Tech Awards MENA and Africa 2025 can enter categories like “best use of innovation” and “tech company of the year” in a variety of size categories. Additionally, the international IDC Future Enterprise Awards’ suite of “Best in Future” awards recognizes innovative industry trailblazers with remarkable digital transformation and domain stories.
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