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Digital Transfromation: The need of the Modern era

BUSINESS

Digital Transfromation: The need of the Modern era

Saturday 31st of December 2022     |      By Ruchita

Digital Transformation is a  strategic change made in the processes , activities and business models and the technologies in order to meet the new changes made in the field of digital technologies. The process  involves deep study of the impact of digital transformation on society and on different business activities.

The digital technologies have laid a  prominent impact on the business and the society.

Digital business is not only about business transformation , but with the evolution of 3rd platform technology , the specified role of digital transformation is evolving in all spheres of economy. With the emerging competitive costs and developing digital technologies , the digital transformation has become the cornerstone of the new booming industry.

What seems to be a menial conversion of transforming machines into papers is more than it mere appears to the general masses. The upcoming data is a difficult task to be handled as a whole.

The strategy needs to be made more efficient and the manufacturing industry and the retail industry needs to focus more on the demands and the needs of the users and the clients as Different technologies like that of cloud computing , big data , analytics, salesforce and hadoop are some of the  niche technologies developed to handle humongous data and to compile them in order to make it more presentable and ready to be used.

The insurance and the healthcare industries have not been untouched by the digital transformation. The idea is to put people above process, business making and profit making.

Undoubtedly the discussion seems to be inevitable but for sure the  process of digital transformation will continue to leverage itself to meet the needs of the clients and to focus more on the business growth and improvement.