What does the term "digital transformation" mean for businesses? 🔊
"Digital transformation" refers to the integration of digital technology into all areas of a business, fundamentally changing how it operates and delivers value to customers. It encompasses a shift in culture and business strategies, aiming to enhance customer experiences and streamline processes. Companies embracing digital transformation often utilize technologies such as cloud computing, data analytics, and AI to innovate and remain competitive in a rapidly evolving market.
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