Most people included enormous companies failed to recognize the difference between technology adoption and digital transformation. This misconception leads to FOMO or known as fear of missing out a dilemma that turn their investment into bubbles.
What Is Technological Adoption?
Technology adoption defines as a sociological model that explains the embracing role of a new product or innovation. Over time, the process of adoption is shown as a classical normal distribution in the commercial area.
The first crowd to use a new product calls as innovators and the other is early adopters. Moreover, you will find individuals who are the first majority and late majority, which the last group to eventually adopt a product are called “phobics.
What Is Digital Transformation?
Raphael Sweary, Co-founder, and President of WalkMe, recorded in his book that the digital revolution is equal to digital transformation. To put simply, it is the profound transformation of business and organizational activities, processes, competencies, and models.
Moreover, this method fully leverages the changes and opportunities of a variety of digital technologies and their impact on society. It also comes in a strategic and prioritized way, with present and future shifts in mind.
Technological Adoption Doesn’t Equal Digital Transformation
Digital transformation is naturally a journey with many connected intermediary goals. Furthermore, it attempts towards the continuation of optimizing across procedures, divisions, and the business network. The process also builds the right bridges in function of that journey is key to success.
Moreover, this method comes with a strategy that plans to create full leveraging possibilities and opportunities for new technologies. Hence, this approach affects their object faster and better and in the more innovative way in the future.
In addition, the course needs a staged approach with a clear roadmap. It also involves a variety of beyond silos, stakeholders, and internal or external limitations.
This journey takes into account that end goals as it continues to move as digital transformation platform. It also serves as the change of digital advancement.