Digital Transformation

Digital Transformation seems to be a buzzword these days, but what does it truly mean? A digital transformation occurs when a business overhauls its processes, strategies, competencies, and activities to incorporate a mix of the newest technological opportunities into the organization to achieve desirable business outcomes. Those who have begun their digital business transformation journey are already benefiting from a more competitive, agile, collaborative, scalable and secure working environment. Digital transformation is the process of rethinking one’s business model or business process in light of the availability and affordability of digital technology. It requires coordination across the entire organization, since it applies new technologies to fundamentally change the way business is done. For many enterprises today, the driving motivation of digital transformation is the chance to gain competitive advantages by improving customer experience.