April 30, 2020
June 29th, 2023
Digital transformation refers to integration of digital technology in all areas including personal, professional, industrial, commercial, and individual, fundamentally changing the way of communication and collaboration.
It’s continuously reshaping every industry, enabling the usage of technologies at the core of every business model.
It’s not only about ‘going paperless’ but establishing the speed of change, innovation-driven development, and customer-centric strategies to match your customers’ pace to enhance products, processes, and decision-making.
According to IDG, 89% of organizations have adopted or have plans to adopt a digital-first strategy.
Key Technologies:
Concepts like industry 4.0, digital disruption, and the digital revolution highlight the integration of tech in infrastructure, processes, and business strategies. Adaptability and innovation remain as strategic factor of transformation.
It’s interpreted in a broader sense than digitization and digitalization.
It aims towards better ecosystems, culture, and collaboration that further create possibilities and opportunities using modern technology.
It has revolutionized every industry like retail, entertainment, manufacturing, education, healthcare, hospitality, energy & utilities, etc. It’s an ongoing journey and will continue to transform models, processes, businesses, and lives of people in this hyper-connected era.
A Good Read: Digitization, Digitalization, and Digital Transformation
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