Digital transformation allows organizations to tackle disruptive changes
It is now
obvious that, digital transformation allows organizations to
tackle disruptive changes such as marketplace fluctuation, and corporate
restructuring, among others, occurring in their markets and customer base by
designing new products, services, and business models leveraging
digitalization.
These newly
designed solutions are generally a mix of digitally
stored historical information about business activities and the customers. They facilitate the transformation of
traditional processes, business activities, and models to take advantage of the
upcoming changes and opportunities of digital technologies.
According to
Research and Markets, factors such as optimization
of end-to-end customer experience and improvement in operational flexibility
are promoting the growth of digital transformation along with the recognition
of new revenue sources.
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