DT 1

6 flashcards · Programming Languages · by Daniel F.

1. 5 domains that digital transformation changes

   customers competition data innovation value

2. how does DT change the domain of customers

   customer relationships are now two way Customer reviews and communications hold more influence dynamic customer participation is essential

3. how does DT change the domain of competition

   competition not only from within their industry but also from outside it

4. how does DT change the domain of data

   generated at an unprecedented rate and easily accessible is a lot of value in analysing it

5. how does DT change the domain of innovation

   continuous testing, experimentation, rapid iteration is cheap Prototyping and testing lead to constant learning and product improvement

6. how does DT change the domain of value

   firms have to stay proactive in seeking new sources of customer value Complacency is a risk, and continuous innovation is crucial for survival