Digital Transformation
Short Definition
The strategic integration of digital technologies into all areas of an organization, fundamentally changing how it operates, creates value, and engages with stakeholders.
Context
Extended Definition
Digital Transformation refers to the continuous process through which organizations leverage digital tools and data to redesign business models, enhance customer experiences, and improve efficiency. It extends beyond technology implementation to include cultural and structural change—requiring new mindsets, leadership models, and competencies.
A successful DT initiative aligns technology with purpose, people, and processes, fostering innovation while ensuring ethical and sustainable use of digital resources.
In marketing and management, DT enables real-time data access, personalization, remote collaboration, and new forms of stakeholder engagement. It serves as the foundation for concepts like Data-Driven Decision Making, Artificial Intelligence adoption, and Digital Leadership.
Contemporary Example
See also
- Big Data
- Artificial Intelligence (AI)
- Data-Driven Decision Making (DDDM)
- Business Intelligence (BI)
- Customer Relationship Management (CRM)
- Enterprise Resource Planning (ERP)
- Quantum Computing
- Internet of Things (IoT)
- Industry 4.0
- Contemporary Marketing Management (CMM)
- Digital Marketing
- Augmented Reality (AR)
- Innovation
- Virtual Reality (VR)
- Mixed Reality (MR)
- Extended Reality (XR)
- Metaverse
- Web3
- Blockchain
- General Data Protection Regulation (GDPR)
- Supply Chain Management (SCM)
Part of chapter: Glossary