Posted 06/21/2018 by Causeway Asset Management,
Digital – no longer a buzzword, but common terminology in most commercial strategies across a variety of industries and businesses. In fact, worldwide spending on digital transformation technologies, encompassing hardware, software and services, is expected to reach nearly $1.3 trillion in 2018, according to forecasts from IDC.
Digital channels and practices are both flexible and scalable, hence their growing adoption, but what does digital transformation look like in your organisation? As the pace of digital evolution has accelerated throughout the past decade, it is no longer acceptable for organisations to shy away from the idea of digital transformation.
Some sectors are nervous about this digital transformation and have been slower to embrace the necessary change than others. This inevitably results in an acute disadvantage for them compared to forward-thinking competitors who are embracing the organisational benefits digital can bring.
Jan Alexa is a senior research analyst at IDC and explains that the successes of early digital adopters has lit a fire under those organisations more resistant to change. “Even in regions with relatively slow uptake such as Central and Eastern Europe, where DX spending was $21 billion in 2017, enterprises are rethinking their approaches.”
Causeway’s innovative Future-Fit Space concept highlights some of the key components that can facilitate essential digital success in an organisation.
Chichester House is Causeway Asset Management’s flagship project for the Future-Fit concept, putting connectivity and technological building advancements at the forefront of the design. Digital developments include a Wiredscore certification and Plug & Play supplies which means that hardware is ready to use immediately as soon as its connected to a computer.
Superfast broadband is one of the most important features for a modern Grade A office space and a Wiredscore certification provides tenants with the security of consistent, quality internet connectivity. This can combat the all-too-common connectivity issues that waste time, money and plague professionals with unnecessary stress.
Plug & Play supplies will allow tenants to thrive in their new office space from day one with easy and efficient access to all the digital equipment they could ever need.
When you can quickly supply your employees with everything they need to perform their job to the best of their ability, it will ultimately improve their efficiency and productivity. Now more than ever the core of employees’ needs lies in digital technologies. Many people now expect a laptop, tablet, smartphone (or all three!) as part of their daily work requirements. You can read other factors that will contribute to a thriving office environment in our previous blog article.
Centralising servers and networks can increase collaboration with colleagues who are more comfortable engaging in a virtual space than in a meeting. This sort of system also allows employees to work remotely if they need to, enabling a more flexible and innovative attitude to work.
The extent of an organisation’s digital transformation depends on how they choose to leverage their technology and skills. To compete in an ever-changing digital environment, it is fundamental to stay on top of industry advancements and news so you can keep pace in your organisation’s sector, or better yet, develop an all-important competitive advantage.
For example, if a company wants to succeed on a global scale and has ambitions for high growth, they will need to generate and nurture large volumes of quality, workable leads. Social media accounts such as LinkedIn, email marketing platforms, CRMs and video conferencing facilities will allow an entire marketing or sales team to target and engage prospects in different countries, potentially generating revenue in a way that will save a company the expense and time of frequent international travel. None of this would be possible without constant, consistent connectivity and next-level facilities.
In the building itself, digital transformation can shape an office in countless ways. Smart monitoring and 360 degree controls can allow for energy savings for your organisation and a more comfortable atmosphere for your employees. Embracing these digital changes will have a positive effect on your employees, allowing your business to thrive. Take a look at our Anatomy of an Office Space article for more information on how you can optimise your working space.
Find out more information about Future-Fit Space and visualise how your organisation could embrace its very own digital transformation in Chichester House.
For more information on Chichester House and Future-Fit Space by Causeway Asset Management download the PDF brochure from the link below.Download the brochure
Causeway Asset Management Limited is a UK wide, private, multi-disciplinary, real estate investment and asset management company owned and managed by its directors.
Declan Flynn or David McNellis
1st Floor Montgomery House,
29-33 Montgomery Street,
Tel: +44 28 90 50 1501
Stuart Draffin or Greg Henry
Lambert Smith Hampton,
4–10 May Street,
Tel: +44 28 90 32 7954