Unlocking The Full Potential of Enterprise Data
• Relentless need for more operational efficiencies and cost savings across value chains and ecosystems
• Advanced AI and analytics tools that can unlock further value from big data
• Expansion of digital ecosystems and the opportunity to use them
• Growing market pressures to meet sustainability goals
The disruption brought about by digital transformation can take many forms , such as :
• Disrupt markets and avoid being disrupted ,
• Leapfrog the competition ,
• Improve the ROI ,
• Ensure long-term viability and success .
Over the past decade , industries have witnessed a surge of innovative and transformative solutions , driven by a vast array of emerging and emergent digital technologies , including digital twins , IoT , AI , distributed ledger , XR , and more .
Figure 1-1 illustrates that digital transformation is not a project . Rather , it is a journey with multiple stages , which in some cases can slightly overlap .
Figure 1-1 : Digital transformation and the digital enterprise . ( Source : IGnPower ) Note : Explanations � - � below refer to Figure 1-1 .
34 February 2025