Ten Forecasts on Digital Transformation

Ten Forecasts on Digital Transformation
Summary
Digital transformation is the application of digital technology to fundamentally impact all aspects of our society. As it pertains to an enterprise, digital transformation is the reinvention of a business or organization through the use of digital technology in order to improve the way it performs and serves its clients.Organizations have been increasingly adopting the use of digital technologies for decades. Digital transformation may be thought of as the third stage of embracing them: from digital competence to digital usage to digital transformation, digital transformation emerges as a paradigm shifting trend that only occurs when perfectly aligned with other trends and advances that create the favorable conditions necessary for it to occur.