Digital transformation refers to the utilization of technology for the creation of outstanding and unique ways of doing business to get revenue in new and existing market sectors. Digital transformation varies from business to business because every business has its uniqueness and specialties.
Importance of Digital Transformation:
Digital transformation has great importance within the lifetime of modern entrepreneurs because it offers detailed insights into the business, improves customer interaction and resource allocation. Moreover it makes decision-making and financial forecasting simpler. When technology and innovation integrate, entrepreneurs receive an excellent hype which successively helps them to realize a competitive advantage within the overall business industry.
