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- What is digital transformation? | McKinsey - McKinsey Company
Digital transformation is the fundamental rewiring of how an organization operates The goal of a digital transformation, as outlined in the new McKinsey book Rewired: A McKinsey Guide to Outcompeting in the Age of Digital and AI (Wiley, June 20, 2023), should be to build a competitive advantage by continuously deploying tech at scale to improve customer experience and lower costs
- What Is Digital Transformation? - IBM
Digital transformation is a business strategy initiative that incorporates digital technology across all areas of an organization It evaluates and modernizes an organization’s processes, products, operations and technology stack to enable continual, rapid, customer-driven innovation
- What is Digital Transformation Why is it Important? - Accenture
Digital transformation affects all aspects of business For it to work, the digital foundation, digital operations and a digitally skilled workforce collectively need the backing of leaders and a culture that is aligned on which new technologies to adopt and how best to integrate them into daily life
- 11 Real-Life Digital Transformation Examples That Inspire - Turing
Digital transformation refers to incorporating digital technologies like artificial intelligence, machine learning, the Internet of Things (IoT), cloud computing, and data analytics among others, in a company’s business operations to bring efficiency and drive growth However, it goes beyond merely integrating new tools and technologies; instead, it involves redefining business processes and
- The CIO’s Guide to Digital Transformation | Gartner
Digital business transformation is the process of exploiting digital technologies and supporting capabilities to create a robust new digital business model What is digital commerce? Digital commerce enables customers to purchase goods and services through an interactive and self-service experience It includes the people, processes and
- The Value of Digital Transformation - Harvard Business Review
While 89% of large companies globally have a digital and AI transformation underway, they have only captured 31% of the expected revenue lift and 25% of expected cost savings from the effort
- What Is Digital Transformation? Definition, Strategy + More
4 Mature stage: The final stage in a digital business transformation is centered around continued innovation and improvement A strategic approach to governance should also be defined during the mature stage Even in organizations where a digital transformation initiative has been “completed,” continuous maintenance and re-evaluation are
- What is Digital Transformation Why is it Important? - IMD Business School
Digital business transformation can help companies collect and analyze data to identify new opportunities for innovation For example, Uber — which lets everyday people be taxi drivers — saw a clear demand for food delivery and adapted its unique ride-share service to the food delivery space, allowing those same people to become food
- A Comprehensive Guide to Corporate Digital Transformation
Corporate digital transformation is not a one-size-fits-all approach; it’s a dynamic process tailored to each organization’s unique challenges and opportunities By understanding the definition, significance, and critical steps involved in corporate digital transformation, companies can navigate the digital frontier, driving innovation
- Digital transformation | Deloitte Insights
Digital transformation is the essential bridge between the business of today and the business of tomorrow Discover our insights on how organizations can uncover and capture the full value of technology and innovation to radically transform their business
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