Defining Digital Transformation

Lsi Europe 2523 Sep, 2024Business

Digital transformation is a term that varies in definition depending on the organization and its current stage in technological adoption. At its core, it involves integrating digital tools to enhance operational efficiency and achieve strategic goals. "Digital transformation is a journey from A to B, where an institution or organization wasn't working with any digital tools, and then implements those tools, learns how to work with them, and then can transform the organization to work ideally in a more effective and more cost-effective way to reach a certain goal," explained Yosef Safi Harb. Carlos Nueno added, "Transformation depends on how mature or transformed you already are. We were born as a mobile-first, virtual-first company."