Qualitative Study on Application Transformation Services Industry

Qualitative Study on Application Transformation Services Industry

Digital transformation (DT or DX) is the introduction of digital technologies to transform services or companies by replacing non-digital or manual processes with digital processes or by replacing older digital technologies with newer digital technologies. Digital solutions can - in addition to efficiency through automation - enable new types of innovation and creativity instead of just improving and supporting traditional methods.

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Some of the key players of Application Transformation Services Industry:

Accenture PLC, Atos SA, Bell Integrator, Capgemini SE, Cognizant, Fujitsu Ltd., HCL Technologies Ltd., IBM Corporation, Infosys Limited, Microsoft Inc., Micro Focus International PLC, Oracle Corporation

One aspect of digital transformation is the concept of “going paperless” or “digital business maturity” that affects both individual companies and entire areas of society such as government, mass communication, the arts, healthcare and science.

Digital transformation is not happening at the same pace everywhere. According to the Industry Digitalization Index 2016 by McKinsey Global Institute, Europe currently operates at 12% of its digital potential, while the US operates at 18%. Within Europe, Germany works with 10% of its digital potential, while the United Kingdom with 17% is almost on par with the United States.

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