What is Digital Transformation?

What is Digital Transformation?

WHAT IS DIGITAL TRANSFORMATION?

If you’re unfamiliar with the term, “digital transformation” refers to how businesses change to adapt to new technology and consumer preferences. Essentially, it’s an umbrella term for the many changes companies must (and will continue to) make to keep pace with technological advancements. And at this point, it’s somewhat inevitable.

While current levels of “transformation” vary by industry, 80% of business leaders believe their industry will be disrupted by digital and that it will impact 84% of businesses by 2020.

So, if your business hasn’t already taken steps to embrace new technology, it probably won’t be much longer before you’ll need to make some adjustments to keep up with your competitors.

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