DataHorizzon Research A Detailed Analysis of Digital Transformation Market Report. Fort Collins, Colorado, Oct. 30, 2023 (GLOBE NEWSWIRE) — According to DataHorizzon Research, the Digital Transformation Market size was valued at USD 713.2 Billion in 2022 and is expected to reach USD 5,850.6 Billion by 2032 at a CAGR of 23.5%. Adopting digital transformation enables business entities to enhance their operations and helps create brand presence and reputation, which enhances the customer experience and contributes to their retention. The best example is many digital businesses across industries that either started pre-covid or transformed into the digital space. Implementing different technologies such as AI, ML, IoT, and blockchain techniques has helped businesses grow exponentially. According to the research paper Convergence of Blockchain, IoT, and AI. Smart home devices, buildings, sensors, machines, cars, and smart grids collect data. This information is frequently saved on a centralized server, where the data format is not standardized. Companies use various legacy systems, resulting in complex cross-platform data extraction and interpretation. Blockchain technology helps in data standardization by establishing a unified digital platform for IoT data accessible to multiple parties. The data is then saved in a single data format. Consequently, data management is optimized […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
