What does "digital transformation" entail for businesses? 🔊
Digital transformation entails integrating digital technologies into all areas of a business, fundamentally changing how operations and services are delivered. It involves a cultural shift that encourages organizations to continually challenge the status quo and adapt to evolving market demands. This transformation can enhance efficiency, improve customer experiences, and create new business models. Ultimately, embracing digital transformation helps organizations remain competitive, agile, and responsive in a fast-paced digital economy, often requiring retraining of employees and investments in modern technologies.
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