Digital transformation

From Wikipedia, the free encyclopedia
Not to be confused with digitization or digital transform.

Digital transformation (DX) is the adoption of digital technology by a company to improve business processes, value for customers and innovation.[1][2][3]

Background[]

See also: Digitizing

Digitization is typically defined as the process of converting analog information into digital form. This is achieved using an analog-to-digital converter, for example in image scanner and sampling of music. The term may also refer to manual information digitization, for example of illustrations using a digitizer tablet.

With the introduction of the World Wide Web, the scope, dimension, scale, speed and effects of digitization fundamentally changed, resulting in accelerated transformation of society and its institutions.[citation needed] In 2000,[citation needed] the term "digitization" began to be used more widely for the introduction of IT by governments and companies.

Usage[]

Industries where digital transformation may occur include:

The DX process presents both challenges and opportunities.[5][6][7][8] When planning for digital transformation, organizations must factor in the cultural changes required when adopting unfamiliar technologies.[9]

A 2015 report stated that "maturing digital businesses are focused on integrating digital technologies, such as social, mobile, analytics and cloud, in the service of transforming how their businesses work. Less-mature digital businesses are focused on solving discrete business problems with individual digital technologies."[10] By 2017, one study found that less than 40% of industries had become digitized, despite higher use of these technologies in media, retail, and high tech.[11]

References[]

  1. ^ Schmarzo, Bill (31 May 2017). "What is Digital Transformation?". www.cio.com. Retrieved 9 July 2021.
  2. ^ "Digital Transformation 101: The Only Guide You'll Ever Need". www.digitaladoption.com. 3 November 2019. Retrieved 9 July 2021.
  3. ^ "What is digital transformation? Definition, Examples, Main Areas". www.zendesk.com. Retrieved 9 July 2021.
  4. ^ "E-commerce to Account for Half the Growth in Global Retail by 2025". 25 March 2021.
  5. ^ Aleksej Heinze; Marie Griffiths; Alex Fenton; Gordon Fletcher (2018). "Knowledge exchange partnership leads to digital transformation at Hydro-X Water Treatment, Ltd". Global Business and Organizational Excellence. 37 (4): 6–13. doi:10.1002/JOE.21859. ISSN 1932-2054. Wikidata Q56622208.
  6. ^ Westerman, G; Bonnet, D; McAfee, A (2014). Leading Digital: Turning technology into business transformation. Harvard Business Press.
  7. ^ Imschloss, M. "The impact of digital transformation on the retailing value chain". International Journal of Research in Marketing.
  8. ^ "La Transformación digital desde la arquitectura empresarial". Retrieved 22 August 2021. Cite journal requires |journal= (help)
  9. ^ "The Company Cultures That Help (or Hinder) Digital Transformation". Harvard Business Review. Retrieved 12 January 2017.
  10. ^ "Strategy, not Technology, Drives Digital Transformation". www.mit.edu. 2015-07-14. Retrieved 2016-01-18.
  11. ^ "The case for digital reinvention". Retrieved 2021-09-01.
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