Glossary

ProgrammableWeb's glossary of API and other technology terms and defination
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ProgrammableWeb GlossaryDDigital Transformation
Digital Transformation

Digital Transformation is the process of introducing new digital experiences to traditionally analog customer-facing businesses. Digital Transformation is part of a global movement wherein many sectors are reinventing themselves in the wake of new digital experiences and expectations for user-facing applications. By empowering brands with digital experiences, historically analog services are finding new markets and novel ways to engage with customers. Within many digital transformation initiatives, APIs are utilized as a means to facilitate better communication between new modular components, transforming business functions to be more digitally-driven. Not only is digital transformation helpful, but necessary for revenue retention. Digital Transformation brings indirect benefits such as cost savings, improved agility, and sets the foundation for newfound customer-facing products and services, which, in turn, can result in new channels of business or improved revenues.