Innovate or Perish: The Crucial Role of Emerging Technologies in Digital Transformation

Authors

  • Dr. Muhammad Iqbal Choudhary H.E.J. Research Institute of Chemistry, University of Karachi

Keywords:

Digital Transformation, Emerging Technologies, Artificial Intelligence, Blockchain, Internet of Things, Big Data, Innovation, Competitive Advantage

Abstract

The rapid pace of technological advancements has precipitated a digital revolution, compelling businesses across various sectors to embrace digital transformation or risk obsolescence. Emerging technologies such as artificial intelligence (AI), blockchain, the Internet of Things (IoT), and big data analytics are pivotal in driving this transformation. This article explores the transformative impact of these technologies on business models, operational efficiencies, and customer experiences. By examining case studies and industry trends, the article underscores the necessity for organizations to innovate continuously to maintain competitive advantage and ensure long-term sustainability.

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Published

2024-05-10

Issue

Vol. 3 No. 01 (2024)

Section

Articles