What does the term 'digital transformation' refer to in business? 🔊
Digital transformation in business refers to the process of integrating digital technologies into all operational areas, resulting in fundamental changes in how businesses operate and deliver value. It includes optimizing processes, enhancing customer experiences, and embracing new business models. Companies pursuing digital transformation aim for improved efficiency, greater agility, and a culture that embraces innovation. The ultimate goal is to drive growth and competitive advantage in an increasingly digital marketplace.
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