1. What is Digital Transformation?
The t echnologies which have changed the way we live and work, taking the mechanical and analog processes we use to do day-today tasks with approximate rounded figures into specific digital numbers and exact measurements etc. can be simply introduced as the digital technologies. The simple transformation that changed our basic wrist watches with spinning arms which tick, into becoming smart watches with digital numbers, that could do much more things such as fitness tracking, making and answering calls, scheduling appointments, dictating text messages etc. than just displaying time. Attest to the advancements that the digital technology made in our everyday lives. When it comes to banking sector, people no longer like to wait on queues to mark the transactions manually on their passbooks. Instead they have their instant ATM cards made within minutes and go to automated teller machines to conduct all sorts of financial transactions within a matter of seconds, which in the old wa...