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What is Business Solution

Chapter 13
Innovative and Agile Contracting for Digital Transformation and Industry 4.0
Technology based solutions designed to integrate multiple facets of a company’s business through the interchange of information from various business process areas and related databases. Business solutions are replacing the ERP concept that is usually based on single vendor.
Published in Chapter:
Contract Guidelines and Scope Building for Digital Transformation and ERP Projects
Mohamed A. Raouf (Gulf Medical Company, Egypt)
Copyright: © 2021 |Pages: 25
DOI: 10.4018/978-1-7998-4501-0.ch013
Abstract
When an organization decides that it is time to invest in a digital transformation journey or even in an enterprise resource planning (ERP) software, it is going to make a big decision. This will significantly impact most elements that contribute to its success and growth. Organized and structured planning and preparation will be required from different aspects. This chapter describes the key success—or failure—factors in implementation focusing on small and medium enterprises (SMEs). SMEs usually have limited time, resources, skills, and budget compared to large firms. Throughout the journey of transformation, they need to focus on scoping and contracting phases distinguishing between digital transformation and regular information technology contracts. This chapter defines the building blocks to have a successful transformation. Contracting and scoping are considered at the heart of managing the complete digital transformation journey.
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