Digital Transformation

Definition, examples, benefits and challenges

During the press conference to announce that Nokia has been acquired by Microsoft, Nokia CEO ended his speech saying: “we didn’t do anything wrong, but somehow, we lost”.

In my opinion, he did something wrong, he didn’t pursue the digital transformation.

Digital transformation is the process of integrating information technology into business processes.

This transformation implies a fundamental improvement on how organizations deliver value to B2C (Business to Consumer) or B2B (Business to Business).

The aim of digital transformation is to automate business processes, enhance clients experience, increase work efficiency and drive innovation.

Here are some examples on digital transformation:

By gradual transformation of business processes into digital, we will achieve the following:

There are several challenges that companies may face when undergoing digital transformation. Some of these challenges include:

Read cast study: Digital Transformation Case Study | by Suhail Hammad | Jan, 2023 | Medium

Attention: AI used to generate ideas in this article.

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