{"id":5827,"date":"2023-03-17T17:19:24","date_gmt":"2023-03-17T17:19:24","guid":{"rendered":"https:\/\/businessner.com\/?p=5827"},"modified":"2024-01-13T10:22:40","modified_gmt":"2024-01-13T10:22:40","slug":"digital-transformation-how-it-started-vs-how-its-going","status":"publish","type":"post","link":"https:\/\/businessner.com\/digital-transformation-how-it-started-vs-how-its-going\/","title":{"rendered":"Digital Transformation: How It Started Vs. How It’s Going"},"content":{"rendered":"
A recent global survey on digital transformation has revealed that 80% of respondents<\/a> have undertaken large-scale initiatives to introduce and enhance digital technology in their organizations. With the increased prioritization of digital transformation across various industries, it is constantly undergoing the brink of change.<\/p>\n From the introduction of digitization to the widespread technological shift brought on by the onset of the pandemic, digital transformation is pivotal for the success of any modern organization. Therefore, businesses must understand the history and evolution of digital transformation, its current state after the pandemic, and how they can adapt to the evolving technologies and enjoy the benefits.<\/p>\n Over the past few decades, the world has experienced digital and technological evolution faster than ever before. Years ago, complex digitization was the only pipe dream for most organizations. With that said and done, the next goal has shifted to achieving a complete digital transformation. 40%<\/a> of top executives have stated that the most significant benefit of digital transformation is increased operational efficiency, followed by 35%<\/a> citing meeting customer expectations on time and 36%<\/a> pointing to faster time to market.<\/p>\n But where did this quest for never-ending improvement, innovation, and evolution begin?<\/p>\n While the origin of digital transformation initiatives is often debated, it can be traced back to the 1970s, with the rise of computer-aided design and manufacturing. The 1980s saw another turn of transformation with the invention of the World Wide Web. Organizations started getting unrestricted access to E-Commerce channels, online banking tools, and broader markets.<\/p>\n Simultaneously this led to digital integrations that enabled companies to connect with consumers on a granular and more effective level. The continuous integration of digital technology in manual business processes helped employees to experience augmented and transformative enhancements in their day-to-day operations. These included the introduction of customer relationship management and enterprise resource<\/a> planning capabilities.<\/p>\n In the modern era of rapid technological evolution, businesses can drive successful digital transformation initiatives more productively than ever before. Examples of digital transformation include cloud computing, low-code, no-code, citizen development, process automation, and much more. These solutions have allowed businesses to adopt technological innovation much faster, offering a competitive edge.<\/p>\n Digital transformation is now imperative for not only automating manual processes but also for facilitating a competitive advantage and driving scalable development.<\/p>\nThe history and evolution of digital transformation:<\/h2>\n
The state of digital transformation after the pandemic:<\/h2>\n