EXT_MIS_Discussion_1 (1).docx

EXT_MIS_Discussion_1 (1).docx - Running Head DIGITAL...

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Running Head: DIGITAL TRANSFORMATION IN BUSINESS 1 Name Institution Professor’s Name Date
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DIGITAL TRANSFORMATION IN BUSINESS 2 Importance of digital transformation Digital transformation is very crucial in improving the communication, efficiency in the business process, and confident employees and customers’ relations. These lead to the production of high-quality products at a relatively low production cost. Consequently, the revenue of the company increases and so is the profits. The business is thus able to gain a competitive advantage over its rivals in the industry (Lacy & Rutqvist, 2015). Reasons why enterprises adopt cloud computing. Cloud computing offers companies some benefits. These include flexibility of resource utilization. It enables businesses to store data, and this happens majorly by firms that experience rapid spikes of growth in their businesses. Secondly, cloud computing is cost effective. The flexibility in resource utilization results to reduced operational cost. Besides, it reduces the cost
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