Digital transformation refers to the revolution associated with the process of digital technology. The transformation in the digital technology enables innovation and creativity of a particular domain instead of simply supporting the traditional methods. Digital transformation revolutionizes people, businesses and the entire society.
Digital technologies have changed the approach of doing business or the way we use them into our personal lives, work and society such as government, art or science. Though the concept digitization is old, the digital economy is growing rapidly and entering into new phase completely. This generation change in digital technology has initiated new opportunities for the enterprises.
Digital transformation has drastically improved the performance of the businesses and enterprises. Managers from the industries are using digital technology such as social business, cloud, mobility, Big Data analytics and the internet of things. They are even replacing the traditional technologies in order modify internal process, communication and management.
At an enterprise level, digital transformation has become a vital element for the management as it not only impacts the organizational structure, position, but also improves all the process and activities of an organization. Executives and managers must ensure that this revolution can unleash achievements and considerable competitive advantages.
The key to digital transformation is not just technology or using new or traditional methods, but driving the way a company operates. Leaders must set the new visions and establish the environment for digitization and must be consistent for the change.