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What Is Digital Core?
A "digital core" is a strong digital foundation that ties together the enterprise's critical business processes and data streams and allows stakeholders to seamlessly interact with digital systems and collaborate with each other with the ultimate goal of becoming a real-time business.
Digital core definition
A digital core is the enterprise´s integrated set of critical business processes and data, and convergence of core transactions and analytics, working together to allow for instantaneous visibility and insight, resulting in real-time decision making into key business processes. Having a digital core means not just layering complex technical systems over existing business processes, but redefining processes to fully take advantage of the capabilities of emerging technology.
Why digital core?
Having a strong and dynamic digital core is essential to successfully completing a digital transformation, modernising your business systems, and gaining unprecedented levels of operational speed and agility. In essence, a digital core shortens the path from raw data to insight and from insight to action.
In truly digital or "live" businesses, massive amounts of data are analysed and processed instantaneously, while deep learning and predictive analytics technologies provide stakeholders with real-time insights. Management dashboards and unified communications systems give people the ability to easily manage systems and interact with each other, while ever-smarter technology allows for the rapid automation of routine processes and decision-making based on real-time insights.
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