Digital transformation (DX) is a broad business strategy, applicable across all industries, to solve traditional business challenges and create new opportunities through the use of technology. It requires acceptance of entirely new ways of working and delivering value to customers.
Examples of digital transformation include:
Digital transformation is intended to help organizations quickly respond and adapt to supply chain disruptions, global pandemics, natural disasters, and other unforeseen events. It also helps companies improve current processes to keep up with the rapidly evolving market and meet customer expectations.
*Source: https://enterprisersproject.com/what-is-digital-transformation#q2
The four main areas of digital transformation are:
*Source: https://www.linkedin.com
Delivering new products to market is challenging. And it is difficult to see the cost impact of one or more mistakes.
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