What is Digital Transformation? A Best Guide for Businesses — Xekera Systems
The Covid-19 pandemic in various industries has forced many companies to accelerate their digital transformations in order to be competitive and even survive. As the world and its consumers become more digital, a company’s success depends on how digital it can become. This applies to both B2C and B2B sectors as consumer behavior, knowledge consumption and processes have now changed. Spending on digital transformation technologies and services is projected to reach $1.8 trillion in 2022 and will increase to $2.8 trillion by 2025, according to Statista . This growth shows how much companies plan to invest to be competitive. So how can your business manage its transformation to be where your customers are? And what strategies are different industries using to ensure long-term survival in the digital world? In this blog, we dive into the details of digital transformation and explore: Definition of digital transformation Steps to digital transformation Examples of digital transformat