The term “digital transformation” has been bandied about so much over the past several years that for some it may have lost its meaning. However, for most companies, whether or not they decide to embrace digital transformation may prove to be a make-or-break moment. The decision will determine whether a company continues to compete in a fast-changing global economy or gets run over by competitors and left by the side of the road.
Advanced companies are going to embrace the technology innovations that enable them to digitize their entire operations. They’re going to be able to automate many areas of their business, such as document processing. They will be agile, flexible and ready to adopt such emerging technologies as data analytics, artificial intelligence, machine learning and the cloud.