Digital transformation is imperative for all businesses, from small to the enterprise. However, since digital transformation involves different areas for every company, it can be hard to pinpoint a definition that applies to all. In general, digital transformation is the integration of digital technology resulting in fundamental changes to how businesses operate and how they deliver value to customers.
Digital transformation marks a radical rethinking of how organizations use technology, people, and processes to fundamentally change business performance. Enterprises of all sizes are benefitting from artificial intelligence applications that optimize cloud processing, enable the deployment of faster computers, and boost operational efficiency. The internet of things is one of the few emerging technologies that offer more transformative potential for forward-thinking companies as it combines sensors and sophisticated software analytics to process large volumes of operational data.
Automation is another cornerstone of digital transformation technology. Tasks that once required human judgment or action are accomplished by automation. Blockchain, which is evolving beyond cryptocurrencies are providing companies across industries with the ability to use a secure distributed ledger for everything from contracts and transactions to financing and recordkeeping. This secure database is shared by multiple consenting parties and synchronized across multiple sites, companies, or locations. By leveraging these advanced digital technologies, businesses can continuously create hyper-personalized experiences in both a business-to-customer and business-to-business context.
At this juncture, there are a wide variety of firms entering the industry with a set of advanced digital transformation offerings. To help companies navigate through the best-of-breed digital transformation solution and service providers, CIO Applications has compiled a list of top digital transformation vendors. The enlisted organizations offer solutions and services that deliver value-driven business outcomes and help develop a culture of change and collaboration. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIO Applications’, “Top 10 Digital Transformation Consulting/Service Companies - 2020.”