Sep 9, 2024 · Digital transformation is a business strategy initiative that incorporates digital technology across all areas of an organization. It evaluates and modernizes an organization’s processes, products, operations and technology stack …

Jan 8, 2024 · A digital transformation journey involves the introduction of new technologies—and business processes related to those technologies—to optimize customer experience and improve relationships with other stakeholders. According to McKinsey, digital transformation helps disparate organization functions collaborate in new and productive ways ...

Jan 29, 2024 · The main goal of a digital transformation is to use new digital technologies throughout all aspects of a business and improve business processes. By using AI, automation, and hybrid cloud, among others, organizations can drive intelligent workflows, streamline supply chain management, and speed up decision-making.

Jan 15, 2024 · Digital transformation is an important component of a modern organization’s business operations. But some organizations that have begun digital transformation journeys have struggled to unlock value from it, according to McKinsey.

Jan 31, 2022 · The good news is that digital transformation can help organizations stay resilient, adaptive and profitable in this new era. Here are four ways a comprehensive data and AI strategy can play a key role in reshaping business operations around a sustainability agenda. Creating a more resilient infrastructure

Digital transformation in banking is the act of integrating digital technologies and strategies to optimize operations and enhance personalized experiences. Across thefinancial services industry, this can only occur by breaking down data silos and reimagining the customer experience.

The AI transformation might also include AI-assisted analysis of enterprise-level business practices, for example through delivering insights about consumer behavior or advanced forecasting. With AI fully baked into the business, an organization can also automate the AI lifecycle, increasing the speed of experimentation and building purpose ...

Jan 25, 2022 · Digital transformation = social transformation. Today more than ever, businesses need to consider the social context of their actions. Increasingly, we see an focus on sustainability from consumers and according to the IBV, 54% of consumers say they’re willing to pay higher prices for a sustainable future.

Sep 10, 2021 · Business transformation August 16, 2021 Flexible, agile, and secure: modernizing applications with IBM Z. 2 min read - Priorities have changed over the last two years for IT executives. From business as usual to a rapid shift toward digital transformation, the impact of the pandemic cannot be overstated.

Jan 28, 2020 · A report on digital transformation has also laid out two notable predictions for 2021: “prominent in-industry value chains, enabled by blockchains, will have extended their digital platforms to their entire omni-experience ecosystems, thus reducing transaction costs by 35%” and “about 30% of manufacturers and retailers globally will have ...