Digital Transformation Initiatives Across Industries: Strategies, Challenges and Implications

Abstract

The subsequent adoption of advanced technologies has enabled businesses to carry out radical changes in their operations, thereby pushing organizations in different fields to seek to implement digital changes. This systematic review paper discusses these efforts, their difficulties, and results in various industries. Digital transformation strategies are a customer-focused approach involving data and customer insights, advanced AI, decision-making and predictive analytics, and automation and robotics. The Internet of Things makes energy, transportation and innovative city applications possible. In contrast, cloud computing helps to provide greater capacity and accessibility, as seen nowadays in the working-from-home context. Despite that, some challenges include: resistance to change due to new policy implementation, data security and privacy, integration issues with other systems that are usually already in place, shortage of staff due to the high demand for digital talents and high implementation costs. Subsequent research should better investigate the characteristics of change management, cyber security, integration approaches and practices, talent identification and acquisition, training methodologies and cost-efficient solutions for sustainability. Digital transformation continues to be an essential factor in innovation and competitiveness, and organizations that can overcome its challenges are set for success in a world where digital is central.