Digital transformation ( DT ) is the process of adoption and implementation of digital technology by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format.
28-458: (Redirected from Dt ) [REDACTED] Look up DT in Wiktionary, the free dictionary. DT may refer to: Arts [ edit ] Music [ edit ] "D.T.", an instrumental song on Who Made Who , AC/DC's 1986 album Dark Tranquillity , Swedish melodic death metal band Dream Theater , American progressive metal band MC DT,
56-458: A 2021 survey, 55% of European companies stated the COVID-19 pandemic has increased the demand for digital technology, and 46% of companies reported that they have grown more digital. Half of these companies anticipate an increase in the usage of digital technologies in the future, with a greater proportion being companies that have previously used digital technology. A lack of digital infrastructure
84-635: A UK garage emcee and member of DJ Pied Piper and the Masters of Ceremonies Other media [ edit ] The Dark Tower (disambiguation) , various works of fiction Dilithium ( Star Trek ) , fictional chemical element by its symbol Ixion Saga DT , a television series Businesses and organisations [ edit ] Daimler Truck , German commercial vehicle manufacturer Dalarnas Tidningar , Swedish newspaper and media company Deutsche Telekom (by NYSE ticker symbol) Dhanmondi Tutorial , an educational organisation Dimosia Tileorasi ,
112-437: A former Greek public broadcaster DT Infrastructure , Australian construction company Dynatrace , software intelligence provider (by NYSE stock symbol) TAAG Angola Airlines (IATA code: DT) Turkish State Theatres (Turkish: Devlet Tiyattolari ) Language and linguistics [ edit ] d/t, shorthand for "due to" Discourse transcription , in linguistics Daighi tongiong pingim , an orthography in
140-509: A lack of resources, top management support, workers' skills, commitment, collaboration and vision. Some company cultures can struggle with the changes required by digital transformation. In addition to the several barriers to digital transformation, there are also numerous enablers of digital transformation. The primary enablers are organizations' resources and capabilities, workers' skills, technologies and culture. The aforementioned enabler "Organizations resources and capabilities" refers to
168-535: A position in American football Design and technology , an area of study taught at schools and colleges Deuteronomy , the fifth book of the Hebrew Bible See also [ edit ] Delirium Tremens (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title DT . If an internal link led you here, you may wish to change
196-513: A socio-technical programme. A 2015 report stated that maturing digital companies were using cloud hosting, social media, mobile devices and data analytics, while other companies were using individual technologies for specific problems. By 2017, one study found that less than 40% of industries had become digitized (although usage was high in the media, retail and technology industries). As of 2020, 37% of European companies and 27% of American companies had not embraced digital technology. Over
224-508: Is a direct application of this theory, stating that resources can be either tangible, intangible or human. The tangible side of the DTC framework gathers physical assets like the organization's IT infrastructure, whereas the intangible side focuses on its digital transformation strategy, knowledge, and reputational capital. Human resources are broader and include technical skills, continuous training, leadership, and social skills. Digital transformation
252-500: Is broader than just the digitization of existing processes. Digital transformation entails considering how products, processes and organizations can be changed through the use of new digital technologies. A 2019 review proposes a definition of digital transformation as "a process that aims to improve an entity by triggering significant changes to its properties through combinations of information, computing, communication, and connectivity technologies". Digital transformation can be seen as
280-506: Is imperative for overcoming any adverse effects of the challenges. According to the resource-based view theory, successful firms' resources should be valuable, rare, non-imitable, and non-substitutable in order for capabilities such as responsiveness, flexibility, or even agility to be developed. "A capability is a concept that refers to an organization's use of a set of resources to carry out its routine and strategic activities". The digital transformation capability (DTC) framework
308-704: Is often perceived as a reactive measure to address customer demands, competition, and regulatory compliance. However, it can be a proactive opportunity for organizations to achieve sustainable business practices and facilitate a circular economy . By building sensing, smart, sustainable, and social capabilities, enterprises can capture valuable information, make faster and smarter decisions, and adapt to changing environments. Aligning digital transformation with sustainability can enhance performance by engaging stakeholders, optimizing resource allocation , and reducing risks. A comprehensive business case that prioritizes sustainability benefits and multidimensional returns can secure
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#1732852762042336-645: Is to increase value through innovation , invention, improved customer experience and efficiency. Focusing on efficiency and costs, the Chartered Institute of Procurement & Supply (CIPS) defines "digitalisation" as the practice of redefining models, functions, operations, processes and activities by leveraging technological advancements to build an efficient digital business environment – one where gains (operational and financial) are maximised, and costs and risks are minimised. However, since there are no comprehensive data sets on digital transformation at
364-483: The organizational culture empowers managers to take decisive actions, enables seamless collaboration among workers across diverse departments, and fortifies supply chains . Additionally, it empowers top management to respond swiftly and proactively, effectively reducing and mitigating adverse impacts. Effective communication within an organization is essential among departments and employees. Furthermore, possessing robust skills in communication, leadership, and strategy
392-661: The Latin alphabet for Taiwanese language People [ edit ] Nickname for Demaryius Thomas (1987–2021), American football player Nickname for Derrick Thomas (1967–2000), American football player Nickname for Donald Trump (born 1946), American businessman and former president of the United States Nickname for Israel Del Toro (born 1975), American motivational speaker and former Air Force sergeant Places [ edit ] District , in abbreviations Downtown , in abbreviations Dakota Territory ,
420-604: The ability of an organization to adapt to contemporary issues arising in the business environment, as well as their capabilities in the field of data analytics. In regards to "Workers' skills", workers must be able to develop valuable insights with the use of data, have significant emotional intelligence and effectively part-take in the development of new products. Thirdly, technology is also a vital enabler of digital transformation. Companies can benefit from having access to artificial intelligence , data analytics softwares and effective usage of social media. Lastly, "Culture" pertains to
448-483: The all-or-nothing approach. A few benefits of DDP are risk mitigation, quick response to changing market conditions, and increased success rate to digital transformations. Adopting digital technology can bring various benefits to a business. CIPS has also observed that digital capability can be used to support supply chain transparency and remote working . There are multiple common barriers that digital transformation initiatives, projects and strategies face. One of
476-566: The amount pharmacies in the United Kingdom get reimbursed for generic medications Digestive tract , the tract or passageway of the digestive system that leads from the mouth to the anus Weapons [ edit ] Douglas DT , a U.S. Navy torpedo bomber DT, variant of the Degtyaryov machine gun for mounting and loading in armoured fighting vehicles Other uses in science and technology [ edit ] DT, in nuclear fusion ,
504-460: The average usage of 69% across EU organizations. Digital transformation plays a crucial role in alleviating the adverse effects of simultaneous and interconnected challenges, while also strengthening the resilience and adaptability of both organizations and supply chains. Represented by the TOP framework, digital transformation acts as a catalyst for generating and leveraging benefits. These benefits hold
532-463: The extent the organizational culture is data-driven and the quality of the top management support and engagement within the corporation. Digitization is the process of converting analog information into digital form using an analog-to-digital converter , such as in an image scanner or for digital audio recordings. As usage of the internet has increased since the 1990s, the usage of digitization has also increased. Digital transformation, however,
560-605: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=DT&oldid=1257214655 " Category : Disambiguation pages Hidden categories: Articles containing Turkish-language text Short description is different from Wikidata All article disambiguation pages All disambiguation pages DT">DT The requested page title contains unsupported characters : ">". Return to Main Page . Digital transformation The goal for its implementation
588-490: The macro level, the overall effect of digital transformation is still (as of 2020 ), too early to comment. While there are approaches which see digital transformation as an opportunity to be seized quickly if the dangers of delay are to be avoided, a useful incremental approach to transformation called discovery-driven planning (DDP) has been proven to help solve digital challenges, especially for traditional firms. This approach focuses on step-by-step transformation instead of
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#1732852762042616-515: The main barriers is change management , because changes in processes may face active resistance from workers. Related to change management is the miscommunication between workers, which can lead to implementation delays or even complete project failure. Some companies are unable to develop a realistic cost projection due to a too optimistic view of the process. Companies may have legacy systems in place, which can lead to integration difficulties with new systems. Within organizations there may also be
644-463: The northernmost part of the land acquired in the Louisiana Purchase DT postcode area , including Dorchester and surrounding areas in southern England Science and technology [ edit ] Computing and telecommunications [ edit ] <dt></dt> , an HTML element for specifying definition data Daemon Tools , a disk image emulator Digital television ,
672-556: The period of 2017 to 2020, 70% of European municipalities have increased their spending on digital technologies. By 2019, the Chartered Institute of Procurement & Supply found in a survey of 700 managers, representing over 20 industries and 55 countries, that over 90% of the businesses represented had adopted at least one new form of information technology, and 90% stated that their digitalisation strategies aimed to secure decreased operational costs and increased efficiency. In
700-486: The potential to bolster resilience across not only individual organizations but also throughout the entire supply chain. It does so by leveraging cutting-edge technologies to enhance predictive power and responsiveness. Technologies include the Internet of Things , big data analytics , artificial intelligence , simulation , additive manufacturing , blockchain , and digital twins . Digital transformation embedded within
728-451: The ratio of hydrogen isotopes deuterium and tritium Deuterium–tritium fusion , a type of nuclear fusion Navistar DT engine ΔT (timekeeping) , the time difference between Universal Time (UT, defined by Earth's rotation) and Terrestrial Time (TT, independent of Earth's rotation) Other uses [ edit ] DT, latinised symbol for the Tunisian dinar Defensive tackle ,
756-448: The transmission of television signals using digital encoding Digital transformation , the adoption of digital technology Decision tree , a decision support tool Health and psychology [ edit ] DT vaccine , a diphtheria and tetanus vaccine Dark triad , a group of personality traits Delirium tremens , a medical condition of uncontrolled shaking, typically due to alcohol or drug withdrawal Drug Tariff price ,
784-549: Was viewed as a key barrier to investment by 16% of EU businesses, compared to 5% in the US. In a survey conducted in 2021, 89% of African banks polled claimed that the pandemic had hastened the digital transformation of their internal operations. In 2022, 53% of businesses in the EU reported taking action or making investments in becoming more digital. 71% of companies in the US reported using at least one advanced digital technology, similar to
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