What is Digital Transformation?
It is the process of using cutting edge technologies to create a new, or modify the existing organizational process, culture, and user experience to meet changing market demands. The five key drivers of digital transformation are: digital twin, privacy, culture, artificial intelligence & product management.
Business benefits of digital transformation
- Encourages data driven insights
- Fosters collaboration across departments
- Increases agility & innovation
- Better customer experience
- Digitalization of business processes