9 Digital Transformation Statistics That Every Business Should Know

We’re living in the digital era. From smartphones to smartwatches, we are constantly glued to our devices. Today, there are an estimated 8.4 million “things” on the internet, with the IoT growing every year.

With that said, it’s no surprise that businesses are realizing the tremendous impact digital transformation can have on their success.

What do we mean by digital transformation?

IScoop defines the term as “the profound and accelerating transformation of business activities, processes, competencies, and models to fully leverage the changes and opportunities of digital technologies and their impact across society in a strategic and prioritized way.” In other words, digital transformation is a journey that aims to constantly improve and innovate with the ever-evolving technologies.

Now it’s more important than ever that businesses have quality professionals (whether it’s in-house or outsourced) to help them understand what technologies are available and required to effectively run their business and provide the best possible customer experiences.

If you’re still not sure how crucial digital transformation is to long-term business success, here are 9 statistics that might persuade you. With technology continuing to evolve at a rapid pace, we can only expect these numbers to grow in the years to come.