Development of a digital strategy for Feroplast

The project consists of an assessment of the current state, an analysis of needs, and the development of a digitalization plan aimed at increasing the company's competitiveness in the market.

Digitalization, in the context of evaluating a company’s digital maturity, refers to the process of integrating digital technologies into all aspects of business operations to enhance efficiency, flexibility, and adaptability to change. The evaluation of digital maturity focuses on assessing how well an organization can leverage digital tools and technologies to achieve its strategic goals.

The result of assessing a company's digital maturity represents its ability to utilize digital technologies to remain competitive, innovative, and sustainable. Assessment models typically define different levels of maturity, ranging from the initial stage (basic digitalization) to advanced levels (innovative and disruptive use of technologies).

The company assesses its level of digital maturity using tools and methodologies provided by the service provider. Following the assessment, a digital strategy is developed, which includes key findings and recommendations based on the digital maturity evaluation, a SWOT analysis, a data strategy, alignment with the EU General Data Protection Regulation (GDPR), a list of key business processes, a strategy for digital business development and digital culture, and a recommendation for the level of cybersecurity.

Activities

• Assessment of the current state
• Preparation of recommendations in collaboration with the client
• Development of the digital strategy document
• Creation of a digitalization plan

The total project value amounts to 14,000.00 EUR, of which the total eligible costs amount to 8,400.00 EUR, while 5,600.00 EUR are the private funds of the beneficiary.