Technology and Society Perspectives (TACIT)
Vol 1 No 2 (2023): July 2023

The Impact of Digital Transformation on Business Models and Competitive Advantage

Agustian, Kresnawidiansyah (Unknown)
Mubarok, Endang Saefuddin (Unknown)
Zen, Agustian (Unknown)
Wiwin, Wiwin (Unknown)
Malik, Aulia Januar (Unknown)



Article Info

Publish Date
03 Oct 2023

Abstract

Digital transformation has become a dominant trend in the business world in recent years. The rapid development of information and communication technology has enabled organisations to change the way they operate, interact with customers, and compete in the market. This research aims to analyse the impact of digital transformation on business models and competitive advantage. This research is a literature review that uses a qualitative approach, which implies that data will be analysed and interpreted using information and text obtained from various sources. The study results show that in the ongoing era of digital transformation, its impact on business models and competitive advantage is an aspect that cannot be ignored. This digital transformation has changed the fundamentals of how organisations operate and interact with customers, and how they can win the competition in an increasingly fierce market. Digital transformation has brought about a significant business paradigm shift. Today, more organisations are integrating digital technology as an integral part of their business model. It is no longer an option, but a necessity to maintain relevance and competitiveness in the market.

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Journal Info

Abbrev

tacit

Publisher

Subject

Computer Science & IT Economics, Econometrics & Finance Environmental Science Languange, Linguistic, Communication & Media Social Sciences

Description

Technology and Society Perspectives (TACIT) is a reputable academic journal that serves as a platform for the comprehensive exploration of the intricate interplay between technology and society. Through its rigorous examination of this relationship, TACIT offers insightful analyses, encourages ...