Digital business transformation and its role in boosting U.S. competitiveness
Digital business transformation has emerged as a critical factor in enhancing the competitiveness of U.S. industries in the global market. This study adopts a mixed-methods approach to explore the impact of digital transformation on various sectors, including healthcare, manufacturing, and finance. By integrating qualitative insights from case studies with quantitative data from surveys, the research reveals how technologies like artificial intelligence (AI), the Internet of Things (IoT), and data analytics drive productivity, operational efficiency, and customer-centric innovation. Findings indicate that while certain sectors have successfully leveraged these technologies to achieve significant gains, others face challenges related to infrastructure limitations, skills gaps, and regulatory barriers. The study emphasizes the need for continuous research and collaborative efforts between the public and private sectors to sustain U.S. leadership in technological advancement. The insights gathered from this research can serve as a foundation for formulating policies and business strategies that further promote digital adoption and economic growth.
Authors
- Rakibul Hasan Chowdhury
Publication Details
- Journal
- World Journal of Advanced Engineering Technology and Sciences
- Published
- 2024-11-24
- DOI
- https://doi.org/10.30574/wjaets.2024.13.2.0569
- Citations
- 1
- Primary Topic
- Economic Development and Digital Transformation
- Type
- article
- Field-Weighted Citation Impact
- 0.83