Journey to digital transformation is unique for every company; hence, the very definition will vary. On a broad note, it's about the adoption and integration of digital technology making the fundamental shift of business operations to deliver value to customers.
To accomplish this, companies need to adopt a culture to challenge continuously the status quo of the long standing established processes, and experiment often in favor of relatively new practices that are evolving.
The incentives for this digital journey are as follows:
According to a Forrester Research report, executives predict that nearly half of their revenue will be driven by digital by the year 2020.
According to the MIT Center for Digital Business, companies that have embraced digital transformation are 26 percent more profitable than their average industry competitors and enjoy a 12 percent higher market valuation.
Research shows, nine out of ten IT decision-makers claim legacy systems are preventing them...