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With the average company investment into digital transformation increasing 148% in 2020 your competitors are racing to disrupt your business. Can you afford to be left behind?
Your business might be stationed at the front-line of technological innovation, but staying in-step with the competition requires a technological rethink as forward-thinking as the industry.
The defence and security industry has always relied on up-to-date digitalisation, technology and people - and that means your failure to move in time with it eats away at the fundamental existence of your business.
And with the latest surge in demand comes the new competitors disrupting the sector. Matching the volatility of the sector with the quick-paced alterations in demand requires an overhaul not even the armed forces can implement overnight.
Security is central to your services, and now you need to do the same for your business.
Digitalisation will always maintain a firm grip on the security and defence sector - and the need to hold onto a consistent innovation which should not go amiss. Indeed, as tech firms have laid the framework for this industry, aligning with a wide range of technological trends is vital to its survival.
The process of R&D is known for takes a number of years to finished, but with digital technologies that can provide data-driven insights into your business on hand, you can skip straight to the success of your business via streamlined product design and development.
And by streamlining each side of product innovation and commercialisation with a front end developer and user experience researcher, improved efficiency can also be met.
'Overhaul' might seem a big word for such a lightning-fast sector, but military precision doesn't just require subtle changes. It adds up over time. The first move starts with you.
The defence industry might not be seeking sales like the retail sector, but that isn't to say the customer isn't as targetted as in a shopping centre environment.
Latching onto the latest customer insights driven by the data that only digitally-aligned business models can access will curate greater revenue through creating and adapting services and products that are directly relevant to the future user.
Customer satisfaction is no easy feat to achieve, and its constant changes overtime make the challenge even harder. You need to curate customer satisfaction and move with the tide of demand to maintain business stability, all the while upholding the standards required of such complex project management.
Experiment, engage, and then evolve. Your customers aren't sitting still, so why are you?
Director of Technology, Simply Brands
For those with an ear to the ground, our services carry out a Digital Transformation. A Digital Transformation rethinks how you manage your employees', your clients' and business’ data, and how you carry out your business operations. Or, in simple terms, a DT is the technological revamp your business needs to stay competitive.
The defence sector is unique. It conquers its individual challenges and sector-specific issues on a daily basis as the latest technologies enter the fore, new tides in global demand and problems arise, and competitors make their moves. Thus, it would appear as if it already focuses on efficiency and customer satisfaction. This is not true.
The future of the industry is innovation: keep up with the lightning-fast changes predicted to disrupt the industry from other contenders, and do it within the 9-to-5 is vital if your business is aiming to meet basic standards of survival. Produce goods and services to serve tomorrow’s customers - and support those still expecting treatment of yesteryear - and discover ways to hack their efficiency and make your business finance stretch. Technology is set to go further in this forward-thinking industry.
Only recently has analytics, automation, the cloud, and the Internet of Things been integrated into the industry’s technological stance. Your competitors know this. And your competitors are moving ahead of you.
Bring third-party services and algorithms onto your side, and slash development time to reap the rewards of digital innovation.
SOURCE DATA-DRIVEN INSIGHTS
You don't treat your customers like barcodes, do you? Your data should do the same. Curate the personal experience via in-depth insights.
TEST PRODUCTS AND RECEPTION AT PACE
Defense and security is niche - unleash military precision via quick-paced insights that allow experimentation to hack your customers' exact wants.
Talking of niche: detect the exact goods and services expected by your clientele, and fine-tune your business’s digitalisation via research into relevancy.
VIA BUSINESS MODELS
Your digital transformation is all about redoing business - and this actually begins with a new business model.
Innovation has already defined this industry, but putting it into practice is no easy feat. Align your whole business digitally, and rethink each angle and asset.
VIA YOUR BUSINESS’ GROWTH
You don't need a crystal ball to predict the future. Growth is headed your way - rapid and real-time changes are coming. Growing a business to meet this can start with something as simple as planting technology in all departments.
PREPARE FOR EVOLUTION
Technological innovation is no longer a trend. Digitalisation is here to stay. Rethink your business' technology, and never stop rethinking it.
DIGITALISE YOUR MILITARY PRECISION
Insert technology into each corner of your business, and catch even the smallest of problems via a web of forward-thinking innovation.
STAY CLOSE TO YOUR SUPPLY CHAIN
This sector is founded on military precision and the armies inspiring it. Team together your entire business by diffusing the digital across it.
+ What is the defence and security sector?
This sector is comprised of all the businesses and institutions that protect society from crime, violence, and disorder. This includes the armed forces, law enforcement agencies, intelligence services, and companies that provide private security.
+ Is the defence and security sector growing?
Thanks to the turn of the new digital age, security - in particular cyber-security - has soared in recent years. In fact, it is still forecasted to outpace economic growth which typically dictates industry-based changes. With a growth in the potential of monitoring technology, private security has also taken off.
+ What is the future of the defence and security industry?
The defence side of the sector will chart its growth based on monitoring technologies such as drones and wearable technologies, but security on the other hand will focus on providing the latest technologies for the customer. This includes cyber security initiatives and on-demand monitoring solutions.
+ What are the trends for the defence and security sector?
Specific trends that are propelling the security sector towards growth - and will continue to do so - include cloud computing, Internet of Things, Big Data and data analytics, and a move towards service models. An overhaul is on the horizon.
+ How is technology changing the defence and security sector?
Monitoring technologies have already reshaped private security measures, from our laptops to our houses. Whether it’s personnel or weaponry, the defence sector has renegotiated how the armed forces operate and collaborate. Just like security, the ability to monitor, detect, and respond has been streamlined.
Taking things technological might seem a challenging feat set to put your troops through their paces, but with Lolly Co at every step of the way, navigating the new territory need not be difficult. In fact, with our tech-team assessing your business’ exact needs and walking you through each step, you don’t need a map, either! But, if you do fancy finding your way around tomorrow’s business technology, you can start here.
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