Digital transformation consists of many changes that are going on right now. The authors of the book Digimuutos (Digital Transformation) Kati Lehmuskoski and Timo Savolainen list the changes:
- platform economy
- big data
- artificial intelligence
- social media
- robotics and automatisation
- virtual and augmented reality
These disrupt industries and services such as transportation, banking, learning and communications.
In the transformation, it is important not to focus solely to information technology but instead innovative business models and services. IT is only a tool for the change.
Platform economy as motor of digital transformation
Platform business models represent the cutting edge of digital transformation. Platform economy has made companies to open up their services in different platforms, for example in Google Play or App Store.