Digital Transformation Considerations for Business Management
Abstract
The advancement and evolution of information and communication technologies provides constant opportunities for business improvement and transformation in global business environments. The investment in digital technology often involves the evaluation of a value proposition and the corresponding impact on business operations. The ability to identify unanticipated or secondary impact factors associated with digital transformation is increasingly important to determine sustaining and disruptive effects of technology innovation on core business functions and processes. This paper provides an overview of selected digital technologies and examines potential secondary business impact factors related to knowledge management, governance and compliance, and security and privacy.