Chatbots, AI, and sophisticated data analytics are helping retailers develop and deliver personalized recommendations to successfully appeal to an audience of one. In the retail environment, digitalization leverages devices, channels, and platforms to create seamless customer experiences tailored to specific customer needs. Take a look at a digitally transformed “smart factory” Retail Augmented reality solutions enable superior and less-costly training and can bring expertise from afar directly into the factory, without so much as a plane ticket. In manufacturing, IoT can improve efficiency and profitability by enabling predictive maintenance and process improvements that reduce downtime and scrap while ensuring the production of high-quality goods. Virtual and augmented reality, along with video analytics-based technologies, are part of the mix of innovative capabilities contributing to widespread digital transformation. IoT, AI, and machine learning have since offered even more sophisticated technology options for organizations seeking to transform their operations to create better outcomes. The development of the cloud was in part a response to increasingly vast amounts of data and the need for ever-expanding capabilities to manage, analyze, and process that data.
Big data required more robust digital data management and analysis processes, supported by data centers, data warehouses, and now, data lakes.
With the advent of networking and the internet, these capabilities advanced and datasets grew extremely large. The long history of digital transformation begins with the first computers, which transformed handwritten notes into computerized information that could be processed, analyzed, and shared. In the public sector, digital transformation is driven by the desire to conserve resources while helping to create a better quality of life for citizens. Greater efficiencies and other business benefits can boost profitability and enhance innovation. Whatever the reason a company starts on this path, the results can include superior goods, services, and experiences that meet or exceed customer expectations. Some may be spurred by growth opportunities or increased competitive pressure, while for others it’s changing regulatory standards. Essentially, digital transformation helps businesses and other entities create better outcomes by connecting people, places, and things.Įach company has its own reason for digital transformation.
#Synonym for transform manual
Today, digital transformation has come to mean the conversion from manual and analog processes to digitized processes in every aspect of business-including supply chain, ERP, operations, customer service, and more. And digital transformation makes it possible to reimagine how you use your technology, people, and processes to move your business forward in new ways. Digitalization is the process of applying digital technology and capabilities to do many of the things you regularly do, but in new and better ways that drive improved outcomes.ĭigitalization is the foundation for digital transformation. The simplest of these, digitization, is the process of transforming information from analog or manual form into digital form-for example, converting handwritten records into computerized records. Digital transformation is often confused with two similar concepts: digitization and digitalization.
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