Digital transformation is a term used to describe the changes made to the entire technological structure of a company. It’s not just limited to a specific technology area of the company. Digital transformation encompasses each and every part of a company that utilizes technology. It’s a reinvention of the way a company uses technology, no matter where it’s used and how it’s being used.
To implement digital transformation, a collaborative effort is necessary. Change management is key to a smooth transition. Education of the workforce is key so they can embrace the change. This effort should demonstrate how each team member can benefit from digitalization
While the effort starts as an intra-business change, this transformation should affect every process in the company, B2B, B2C, accounting, tracking, logistic as well as forecasting and accounting
We are led to fear that robotics and machine intelligence will take over all our jobs and send humans into obsolescence; the rabble rousers have been saying similar since the invention of the toaster. Machine intelligence and, eventually machine entities, will be our partners and friends going into the 2030s.
Digital transformation can mean more automation, more machine involvement in daily business operations. At the same time, consumer psychology is changing. The growing millennial segment care about mission statement. As your business transitions into the digital age, it will be necessary to modernize your ethos.
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