Digital Innovation refers to the process of utilizing digital technology to create new or improved products, services, processes, or business models. It encompasses the transformation of existing practices by integrating advanced technologies such as artificial intelligence, blockchain, cloud computing, and the Internet of Things (IoT). This innovation can lead to enhanced customer experiences, increased efficiency, and new revenue streams. Digital innovation is often driven by the need to respond to changing market demands, improve operational agility, and leverage data insights for decision-making. It plays a critical role in helping organizations adapt to the rapidly evolving digital landscape and can impact various sectors including healthcare, finance, manufacturing, and education.
