Digital transformation (DX) promises increased competitiveness, optimized processes, and profitability through big data, along with improved employee and customer relations. Gathering data is essential in the 21st century, data-oriented environment and requires flexible, interconnected components. Businesses will need people with the specialized skills to implement and optimize all of this. Beyond that, each firm will have to work with its unique DX plans and existing IT environment.

Legacy components can limit DX efforts

DX efforts are typically divided into three phases: digitization (transitioning from analog to digital data), digitalization (processing and analyzing digital data), and digital transformation (building on digitalization to optimize the business).

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