Digital transformation is the process of changing conventional business models enabled by digital technologies. This involves strategically deploying digital technologies to create differential value of an organisation. Digital transformation encompasses strategy changes, business model innovation, product and process innovation, and organisational innovation, all wrapped in a layer of newer technologies.
In this edition of BizKnight, Prof. Srinivas Pingali, from IIM-Udaipur, will help define transformation and digitalisation and contrast them with digitisation and automation.
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