What is digital transformation? What is the status of the digital revolution in Latin America? What is the disruptive impact of digitization in companies? How must the value chain be restructured in companies existing before the digital era?
gA’s Center for Digital Business Transformation has developed a new study titled “Digital Ecosystems: Innovation and disruption in Latin America” which summarizes the essential elements of the opportunities and challenges that the accelerated process of digital transformation poses for the economies of Latin America.
Technological revolutions are characterized by innovations that radically change the productive models and generate economic growth. In this sense, digital transformation refers to the changes in the technological context of the production of goods and services. This implies a restructuring of value chains through the introduction of digital communications, platforms and contents.
The development of the digital ecosystem promises to revolutionize the economies of Latin America. This revolution implies an accelerated pace of innovation for digital technology applied to production processes. Digitization of production is essentially a disruptive process that operates at the level of specific functions within the company, exerting impacts in the value chains of industrial sectors. No sector is exempt from this disruptive impact, and those companies that take on the challenge earlier rather than later doubtless will enjoy competitive advantages.
We invite you to learn more about digital transformation and the methodologies for incorporating these concepts into your production strategy.