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Future of Digital Innovation — To Be a Viable Digital Business, It's Important to Differentiate Between Digital Transformation and Digital Innovation

Publisher IDC
Published Mar 06, 2023
Length 9 Pages
SKU # IDC17799394

Description

Future of Digital Innovation — To Be a Viable Digital Business, It's Important to Differentiate Between Digital Transformation and Digital Innovation

This IDC Perspective defines and discusses digital transformation, digital innovation, and digital business. It includes the importance of understanding the distinction, potential challenges, and assists with identifying services provider's capabilities to help with organizations with their journey to becoming a digital business."Using the terms digital transformation and digital innovation interchangeably — and not understanding the difference — sets the stage for challenges in meeting an organization's goals and reaching desired outcomes from initiatives. When there is a lack of alignment to what a goal or strategy is, measuring success and knowing if the proper outcome was achieved become nearly impossible. Understanding these two terms — digital transformation and digital innovation — will help organizations in setting clear, achievable, and measurable goals and which professional services to engage with," says Erin Hichman, research manager, Digital Business Professional Services at IDC.

Please Note: Extended description available upon request.

Table of Contents

9 Pages
Executive Snapshot
Situation Overview
Organizations Are Not Clear on What Digital Transformation and Digital Innovation Are
Business Implications
What Are Digital Transformation and Digital Innovation?
Top Investment Priorities
Alignment with Broader Business Outcomes
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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