Explain that Stuff: Define Digital Transformation

Thursday, April 26, 2018

Define Digital Transformation

What is Digital Transformation. Digital Transformation is application of digital capabilities to processes products and assets to improve efficiency enhance customer value manage risk and uncover new monetization.

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Define digital transformation. Digital transformation is the process of using digital technologies to create new or modify existing business processes culture and customer experiences to meet changing business and market requirements. The problem is that even the providers often make an unclear definition of the terms and it degenerates into a buzzword which is simply misused for marketing. The terms digitization and digital transformation are synonymous for many executives.

This reimagining of business in the digital age is digital transformation. Digital transformation defined Digital transformation is all about becoming a digital enterprisean organization that uses technology to continuously evolve all aspects of its business models what. Digitalization however is quite distinct from digital transformation.

Digital transformation is the changes associated with digital technology application and integration into all aspects of human life and society. The definition of digital transformation. One of the elements that I think is misunderstood about a digital transformation is that its typically a Trojan horse for a much broader business transformation a time to review many aspects of a businesss operations from top to bottomthe talent the organizational structure the operating model products services etcetera.

Digital transformation represents myriad tools solutions and. Ad Get the best strategic insights and solutions to transform your business today. Digital Transformation is application of digital capabilities to processes products and assets to improve efficiency enhance customer value manage risk and uncover new monetization opportunities.

The term is widely used in public-sector organizations to refer to modest initiatives such as putting services online or legacy modernization. The ultimate goal is to be constantly improving status quo and become this so-called evolved enterprise. Digital transformation is the process of integrating digital technologies to existing models from processes value proposition customer experience digital culture to an end-to-end transformation.

Digital transformation is the act of revolutionizing business processes to take advantage of digital technologies with the goal of making them more efficient accessible and scalable. Its used to improve processes and productivity deliver better customer and employee experiences manage business risk and control costs. An organization might undertake a series of digitalization projects ranging from automating processes to retraining workers.

Digital transformation can refer to anything from IT modernization for example cloud computing to digital optimization to the invention of new digital business models. Digital transformation is generally viewed as an aggregation of modern tools and processes leveraged to solve business problems and satisfy customers. Im going to need some help maybe I dont count the first two words Digital Transformation.

But many CIOs employ different means to. Digital transformation is the strategic adoption of digital technologies. It is the move from the physical to digital.

Digital Transformation Definition What Is Digital Transformation