Digital transformation benefits project management in two primary ways. First, the tools being used on a project are continuously updated to be their most efficient and effective. Cloud Computing and online communication mean that location and distance are no longer obstacles for effective remote collaboration, and Big Data allows companies to adjust to their projected […]

What digital transformation contributes to business models is the capacity for continuous change. Many executives know that they must adapt to new business environments, and adaptation is a core feature of digital transformation. Because a business model that incorporates digital transformation will subsequently be digital “down to the bone,” the company will be able to

A business’s digital transformation often involves every level of management and requires the commitment of those in leadership positions from the top down. Typically, a head technology officer such as a CTO or similar will oversee the project and integrate the efforts of all departments as the new way of doing things is implemented. This

Like the internet was before it, digital transformation is the future. Many businesses, especially those in the technology sector, either have already adopted this business model or were created with it from day one. As a result, companies that ignore or fail to implement digital transformations are putting themselves at risk. For the business industry

Digital transformation can greatly improve a business’s efficiency, from its hiring practices to logistics and customer service. Integrating Artificial Intelligence and Big Data provides businesses with insights into their customers’ needs and interests. Most importantly, the flexibility that comes with being “digital first” allows any company to quickly and skillfully transition into new functions that

A business can develop a digital transformation strategy in-house or using outside expertise. Doing so in-house can give a company greater control over the process. After all, the business knows best what it wants. But recruiting the necessary expertise and training current employees in the digital transformation process can be difficult, which tends to slow