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These programs combine business and technical content bringing together management and information systems.
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Digital transformation is the cultural, organizational and operational change of an organization, industry or ecosystem through a smart integration of digital technologies, processes and competencies across all levels and functions in a staged and strategic way also see digital transformation strategy. Digital transformation also DX or DT leverages technologies to create value and new services for various stakeholders customers in the broadest possible sense , innovate and acquire the capabilities to rapidly adapt to changing circumstances. While digital transformation is predominantly used in a business context, it also impacts other organizations such as governments, public sector agencies and organizations which are involved in tackling societal challenges such as pollution and aging populations by leveraging one or more of these existing and emerging technologies. Digital transformation is not just about disruption or technology. Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accelerating impact across society in a strategic and prioritized way, with present and future shifts in mind. Digital transformation efforts and strategies are often more urgent and present in markets with a high degree of commoditization. Present and future shifts and changes, leading to the necessity of a faster deployment of a digital transformation strategy, can be induced by several causes, often at the same time, on the levels of customer behavior and expectations, new economic realities, societal shifts e.
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Transformation programs are an common feature of global companies carrying out major strategic change projects. These programs combine business and.
Yet, as of , adoption of digital transformation has risen up to another level. This data shows how executives have already acknowledged the importance of digital transformation and demand for digital technologies will continue increasing. However, a ccording to Global McKinsey Survey results , only less than 30 percent of digital transformation processes are success stories.
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