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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
- How 6 Companies Approached Digital Transformation - Harvard Business Review
To better understand how companies succeed in digital transformations, consider the inside perspective from six legacy companies: Moody’s, Honeywell, IKEA, Levi’s, Adobe, and Intuit
- 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
- 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
- Securing Digital Transformation: An Imperative For Business Success
Digital transformation didn’t just surge during Covid—it’s become a fundamental and continuous process for organizations seeking to remain relevant in today's dynamic business landscape
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