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The Digital Revolution: How Industries Are Adapting to Digital Transformation

Our latest infographic has all the answers! From banking and healthcare to small businesses and education, discover how digital transformation is changing the game. Ready to start your own transformation journey? <br><br>Check out our infographic and get inspired! Connect with us at https://www.silvertouch.com/digital-transformation/<br>

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The Digital Revolution: How Industries Are Adapting to Digital Transformation

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  1. The Digital Revolution: How Industries Are Adapting to Digital Transformation What is Digital Transformation? “Digital transformation is the convergence of people, technology, and processes to deliver new levels of innovation and efficiency." - Chuck Robbins, CEO of Cisco Systems BENEFITS OF DIGITAL TRANSFORMATION Below are the potential benefits that an organization can derive from digital transformation IMPROVED EFFICIENCY IMPROVED COLLABORATION BETTER CUSTOMER EXPERIENCE ENHANCED INNOVATION INCREASED AGILITY EXPLANATION OF HOW DIGITAL TRANSFORMATION HAS IMPACTED VARIOUS INDUSTRIES Banking 80%of mid-sized banks prioritize digital transformation for improved customer experience, incl. digital wallets, P2P payments & fraud detection Retail Over 50% spending online by 2023, 60% via mobile. Only digital- savvy retailers thrive Healthcare US digital healthcare market to hit $1.5 Trillion by 2030, driven by transformation Small Business 70%+ SMBs hasten digital transformation due to pandemic, survey shows Manufacturing Only 24% of manufacturers have a digital transformation plan despite tech advancements Education 70%+ higher education institutions 'digitally distraught' due to outdated processes, siloed data & resistance: survey STEPS TO TAKE TO START DIGITAL TRANSFORMATION JOURNEY Develop a data strategy Build a Monitor progress Set clear objectives cross-functional team Focus on change management Continuously improve Define the scope of the transformation Develop a roadmap Choose the right technology Sources : Gartner, Cisco, DigitalDirections, L2L www.silvertouch.com info@silvertouch.com +91 79-4002-2770

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