What is the reason of digital transformation?
Best insight from top research papers
Digital transformation is driven by several reasons. One of the main reasons is the need for businesses to adapt and survive in a considerably changed marketing environment . Companies must re-invent themselves by focusing on customer experience and solving customer problems . Another reason is the advantage that data-driven companies have in today's market competition . The ability to transform data into wisdom in real-time is crucial for developing correct strategies and operational approaches . Additionally, the implementation of digital technologies in various aspects of business operations can lead to higher optimization of market value . Furthermore, the development of smart cities is also driving the need for digital transformation, as cities face challenges such as environmental impact, congestion, and running costs . Overall, digital transformation is necessary for businesses to stay competitive, improve customer experience, and address the challenges of the modern world.
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| Papers (5) | Insight |
|---|---|
01 Jan 2021 3 Citations | The reason for digital transformation is the survival issuance for many people. (No answer found in the paper) |
30 Mar 2022 | The provided paper does not explicitly mention the reason for digital transformation. The paper discusses the influence of medical digital devices and distant diagnostics on the effectiveness of personal telemedicine. |
| The provided paper does not explicitly mention the reason for digital transformation. | |
20 Feb 2020 7 Citations | The reason for digital transformation is the need for companies to transform their value chains and include information systems as a core activity to achieve real-time data to wisdom transformation and optimize market value. |
| The provided paper discusses the development trend of smart cities, which is driven by challenges such as increasing environmental impact, difficulties in living in congested cities, and rising running costs. These challenges justify the need for digital transformation. |
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