The Five Domains of Digital Transformation!

The first thing that pops up in most people's minds about digital transformation is technology however while technology plays a vital role in the transformation we can assume five domains of digital transformation.

One big part of the Digital Transformation is to change the entire customer experience the relationship turns out to be more synergetic customers are strongly connected and related in a manner that is transforming their relationship to business the active involvement of customers has to turn out to be a vital driver of business success customers are now connecting and manipulating each other in influencing businesses and brands.

The second domain of digital transformation is competition nowadays companies are challenging not just with competitors from their own industries but also with films from outside in this digital environment external films that present competing worth to our customers will eventually turn out to be the major competitor we can observe asymmetric competitors which are company from outside of an industry that can offer value to these customers.

The third domain for digital transformation is data traditionally data was produced and used mainly for evaluating forecasting and decision making nowadays we are faced with data fluid with many different sources of data generated from social media mobile devices based on this data is a vital part of how the business does this operation process and google analytics is the perfect example.

The fourth domain of digital transformation is innovation conventionally innovation and testing fresh concepts was costly and limited in the present-day Digital Transformations and Digital Technologies have allowed constant tasting and investigation continuous understanding and the first duplication of products are turning out to be the norm.

The last domain of digital transformation is the value proposition of a company traditionally a film's value proposition was seen as fairly constant nowadays the successful business includes delivering the best version of the same value proposition to its customers the perfect example of the evolution of the value proposition is amazon that started offering only books in 1994. 

In a conclusion, it is clear that the five domains of digital transformation can help companies to become more successful 

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