Understanding of the concept of digital transformation

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rifat22##
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Joined: Mon Dec 23, 2024 3:21 am

Understanding of the concept of digital transformation

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However, many securities companies often lose their way in the process of transformation, and they treat the symptoms instead of the root cause, and fail to truly grasp the core of digital transformation. The author believes that securities companies should make top-level design and overall planning for digital transformation from the perspective of customer management and digital operation. In the process, the two lines of business and technology are effectively coordinated and integrated. Technology assists business in solving system-level needs and technical problems, while business is measured by business development and value is demonstrated by data standardization.





to adapt to the digital economy environment kuwait mobile number code and market changes under the background of global digital transformation through the introduction of a series of advanced applications and software, artificial intelligence, machine learning, the Internet of Things (IoT), sensor technology, video analysis and other new generation digital technologies, and their in-depth application to help enterprises improve customer satisfaction and loyalty, improve operational efficiency and productivity, reduce costs and risks, enhance innovation capabilities and competitive advantages, and achieve business growth and sustainable development. The traditional management model, business model and business model must be innovated and reshaped.



From the above definition, it can be seen that digital transformation can only be successful when enterprises systematically and thoroughly redefine their business rather than just transform it, and redefine and reshape all aspects such as organizational activities, processes, business models and employee capabilities. In practice, most transformation successes are actually local and phased, and cannot be considered global successes. The leading securities firms are those that have done a thorough job in informatization, have done a fine job in dataization, and have done a mature job in intelligent scenarios, rather than those simple and crude transformers.
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