The Open ROADS Community and TM Forum announced that they will join forces to provide a comprehensive set of frameworks and tools for businesses to define, plan and successfully execute digital transformation.
Digital business transformation is imperative for many industry sectors to succeed and grow. The next decade will see more and more companies transform or be disrupted. However, digital transformation is complex, and requires the knowledge and understanding of how to structure IT & operations, in conjunction with strategy and culture. By understanding digital transformation, organizations will benefit from rapidly changing technology capabilities and will deliver a sustainable and positive impact on business results.
To that end, Open ROADS and TM Forum aim to accelerate digital transformation and equip businesses with the right tools and resources. The collaboration – revealed Tuesday at this year’s Digital Transformation Asia event in Kuala Lumpur – includes TM Forum’s Digital Transformation Model and Open APIs, as well as Open ROADS Community’s Digital Mastermind holistic business-focused framework for digital business transformation.
These tools are complementary to each other and together provide a simplified path and proven best practices for businesses to execute their own digital transformations, said Andy Tiller, executive VP of Collaboration and Innovation at TM Forum.
“The Open ROADS Community and TM Forum support organizations and businesses throughout the world with their digital transformation. Our collaboration brings greater scale and reach to this endeavour using industry proven best practices”, Tiller said.
“After two years of focused development by our membership, the Open ROADS Community Digital Mastermind framework is now ready to guide and accelerate digital business transformation across industry,” said Trevor Cheung, managing director of Open ROADS Community. “The essence of this method, which we call ‘digital thinking’ is to ‘identify a scenario, start small, think big, and align business with it to scale fast’.”
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