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1. • • Digital transformation is rooted in the use of digital technologies. Four main types of technologies commonly drive digital transformation — analytics tools, mobile apps, platforms that support shareable capabilities, and social media.
     www.imd.org/blog/digital-transformation/what-is-digital-transformation/

     What is Digital Transformation & Why is it Important?

2. People also ask

   What types of technology drives digital transformation?

   • Four main types of technologies commonly drive digital transformation — analytics tools, mobile apps, platforms that support shareable capabilities, and social media. These categories (which can evolve as technology evolves) cover many different digital tools, such as: Cloud computing.

   What is digital transformation & why is it important? - IMD

   www.imd.org/blog/digital-transformation/what-is-digital-transformation/

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   What is the goal of a digital transformation?

   • 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? | McKinsey - McKinsey & Company

   www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-digital-transformation

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   Does Technology Drive Digital Transformation?

   • An analysis of co-occurrence using the software VOSviewer was conducted to graphically visualize the literature’s node network. Approached this way, the systematic literature review displays major research avenues of digital transformation that consider technology as the main driver of these changes.

   Digital Transformation: An Overview of the Current State of the Art of

   journals.sagepub.com/doi/full/10.1177/21582440211047576

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   What are the different types of digital transformation?

   • Digital transformation is rooted in the use of digital technologies. Four main types of technologies commonly drive digital transformation — analytics tools, mobile apps, platforms that support shareable capabilities, and social media. These categories (which can evolve as technology evolves) cover many different digital tools, such as:

   What is digital transformation & why is it important? - IMD

   www.imd.org/blog/digital-transformation/what-is-digital-transformation/

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   Is digital transformation a good idea for your business?

   • Today, all companies are tech companies; all CEOs are tech CEOs. Digital transformation puts technology at the core of business strategy. This approach can reduce operating expenses and inefficiency. It could even change the course of your business. With a unified model across business and technology, it’s easier to achieve future ambitions.

   What is Digital Transformation & Why is it Important? - Accenture

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   How important is digital & AI Transformation?

   • Summary. While 89% of large companies globally have a digital and AI transformation underway, they have only captured 31% of the expected revenue lift and 25% of expected cost savings from the effort.

   The Value of Digital Transformation - Harvard Business Review

   hbr.org/2023/07/the-value-of-digital-transformation

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3. www.ibm.com › topics › digital-transformationWhat Is Digital Transformation? - IBM

   www.ibm.com › topics › digital-transformation

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   Apr 12, 2017 · The earliest, headline-making examples of digital transformation—Uber, AirBnB, Netflix—used mobile and cloud computing technologies to reimagine transactions and, sometimes, disrupt entire industries. The COVID-19 pandemic drove transformative innovations to better support remote and hybrid work.

4. journals.sagepub.com › doi › fullDigital Transformation: An Overview of the Current State of ...

   journals.sagepub.com › doi › full

   Sep 23, 2021 · Digital transformation is the use of new digital technologies such as social media, mobile technology, analytics, or embedded devices to enable major business improvements including enhanced customer experiences, streamlined operations, or new business models.

   • Author: Sascha Kraus, Paul Jones, Norbert Kailer, Alexandra Weinmann, Nuria Chaparro-Banegas, Norat Roig-Tie...

   • Publish Year: 2021

5. www.accenture.com › us-en › insightsWhat is Digital Transformation & Why is it Important? - Accenture

   www.accenture.com › us-en › insights

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   The five main ways to address digital transformation are: reimagine your growth strategy powered by technology, realign your organization to put technology at the heart, adopt new practices for agility and experimentation, create a flexible technology core for sustainable change and empower your people to innovate with technology.

   • Think of two, similar consumer product companies. One has undergone a digital transformation, the other hasn’t. The traditional company simply prod...
   • Funding digital transformation is a complex process that is best approached one step at a time. In the short term, start with an end-to-end view of...

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7. www.mckinsey.com › what-is-digital-transformationWhat is digital transformation? | McKinsey - McKinsey & Company

   www.mckinsey.com › what-is-digital-transformation

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   Aug 7, 2024 · 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.

8. hbr.org › 2023 › 07The Value of Digital Transformation - Harvard Business Review

   hbr.org › 2023 › 07

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   Jul 31, 2023 · Summary. While 89% of large companies globally have a digital and AI transformation underway, they have only captured 31% of the expected revenue lift and 25% of expected cost savings from the...

9. hbr.org › 2021 › 11The Essential Components of Digital Transformation

   hbr.org › 2021 › 11

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   Nov 23, 2021 · In fact, the essence of digital transformation is to become a data-driven organization, ensuring that key decisions, actions, and processes are strongly influenced by data-driven insights,...

10. www.imd.org › blog › digital-transformationWhat is Digital Transformation & Why is it Important?

    www.imd.org › blog › digital-transformation

    • Cached

    Four main types of technologies commonly drive digital transformation — analytics tools, mobile apps, platforms that support shareable capabilities, and social media. These categories (which can evolve as technology evolves) cover many different digital tools, such as: Cloud computing.