From the 1990s and with the advent of innovation like the Web and digitized content, technology has changed the way we interact with the world.
The concept of digitalization is necessarily new. From the early 2000s, we have seen organizations use technology to gain unprecedented levels of operational efficiency and thus, improve profitability. However, over the past few years, digitalization has gained steam. Organizations across sectors are being revolutionized by the digital transformation bug. Drivers for these transformations result from a combination of factors including:
This means that Companies have had to adopt a “sink or swim” approach to the adoption of varying digital business models to stay relevant.
© 2020 KPMG Professional Services, a partnership registered in Nigeria and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.