Abstract

Digital transformation is dynamic innovation and it enables billions of people to have better lives. Digital transformation is the process of creating novel business methods or modifying the prevailing business methods, procedures, customs and customer/user experiences to meet the dynamic businesses and market requirements using digital technologies. In other words, digital transformation is defined as organizational, operational and cultural modifications of a business or an industry, ecosystem or organization via a wise integration or combination of digital techniques, competencies and processes across all stages and functions in a compiled method. This chapter includes the following topics: why a Digital Information Revolution is needed, digital transformation definitions, how digital transformation is done, where digital transformation is applied, vital trends in digital transformation and what tools are available for digital transformation.

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