In the modern-day world, companies face rapid changes due to high market pressure and technological development in order to fulfill the customers’ needs. Those changes which occur to business are to implemented...
The Internet has transformed many facets of knowledge production and distribution, from journalism to the music industry. Education is also in the early stages of a fundamental reconfiguration. Traditionally, e...
Digital Transformation is essentially the use of technology to radically improve performance or reach of enterprises. Organizations adapt to changes in their ecosystem by leveraging digital technologies to crea...
Digital Transformation has reshaped the global economy in the past few years. It has played a major role in bringing individuals and business together to the same level, even if it is large or small scale business.
The fast, flexible and adaptive business is taking the lead as they promote entrepreneurship and collaborate to create sustainable business models. In a modern and economically progressive society like today, consumers are leaning towards a fast-paced personalized service or products at a reduced cost. Everyone wish to have such technologies at their fingertips which provides them easy access to various products and services.
Table of Contents
- A Walk-through into Digital Transformation
- Why companies go for Digital Transformation?
- Impact of Digital Transformation
3.1 Better Communication for All
3.2 Higher Standards for Business and Everybody Else
3.3 Better-Optimized Supply Chains Throughout the World
Nowadays, those who use data wisely has the upper hand in the market competition in almost all the industries. Value chains have opted to undergo digital transformation to ensure their presence in the market. ...