| | SEPTEMBER 20228CIOReviewIN MY OPINIONToday many Fortune 500 companies implement some form of Digital Transformation initiatives. There is a realization that digital transformation is an essential innovation ingredient to maximize profits. Digital Transformation can lead to new business models and wider access to markets. Continuous business evolution because of new insights is a key outcome of Digital Transformation.However, there are many beliefs and myths that companies believe with respect to digital transformation. Most common amongst them are implementing the latest technology will magically bring about digital transformation, data science technologies and teams will automatically bring unique insights to drive transformation, partnering with cool software providers and vendors will execute the digital transformation and drive value realization. Digital Transformation is about data ­ acquiring and understanding it, making sense of it, and defining actions. I believe that Digital Transformation is a continuous process, where data gets processed and using analytics identify opportunities, build the problem statement or specification, generate a concept (solution/product) and By Shubha Chaudhari, Head of GSK Clinical Technology SolutionsSUCCESSFUL DIGITAL TRANSFORMATIONShubha Chaudhari
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