Digital Business Models

Digital transformation and the constant availability of data are not only revolutionizing business and daily life, but also transforming society in all its facets. Customer expectations have also changed. While producers and service providers used to dominate the supply side, today it is the critical, demand-driven customers who shape the market. Customers are now better informed than ever, compare offers, exchange opinions, and are influenced by others. Companies must understand and utilize this knowledge in order to stay relevant and remain competitive in the long term.

Digital business models – diverse application scenarios, but implementation often proves difficult

The variety of application scenarios enabled by data collection and machine learning offers the opportunity to transform existing business models and processes to gain a sustainable competitive advantage. Traditional, analog business models can either be enhanced with digital components or transformed into fully digital business models. However, especially large, established companies often struggle to keep up with the fast-paced development of innovative and disruptive players, and to adapt their complex processes accordingly. Developing concrete digital business models requires tailored solutions that match each company’s specific context. The transformation process is constantly evolving and must be continuously reviewed and developed to keep pace with ongoing technological progress and ensure long-term competitiveness.

Developing digital business models with STF

At STF, our goal is to identify and successfully develop the potential of digital business models based on digital technologies for our clients. To do this, we begin by addressing a key question: Which existing algorithms – meaning business processes – can be digitally mapped, and where is there potential for new, previously unrealizable processes? Our digitalization experts first visualize the current processes, providing an objective foundation for identifying opportunities to develop digital business models. Next, we jointly develop solution approaches that are visualized in a target process and implemented along with necessary organizational measures, such as through Wi-Fi planning, establishing campus networks, or optimizing in-building coverage.

STF Group has many years of experience and a wide range of references in the field of digitalization and digital business models. Since 1997, our experts have ensured high-performance mobile reception and broadband fiber connections — the essential foundation for implementing digital business models. STF recognized the importance of communication and information technologies early on and laid the groundwork for its success in the digital business space. We first adapted our internal processes to the digital transformation before developing our own digital business models and offering our digitalization expertise to clients. This know-how and our 360-degree approach form the foundation of our successful model for digital business — and for yours too.