Digital Transformation in Management: Leveraging Emerging Technologies for Enhanced Business Financial Operations
Digital transformation is transforming the management of business by utilizing new technologies to streamline operations, improve decision-making, and enhance efficiency. This paper suggests an integrated framework that combines artificial intelligence (AI), the Internet of Things (IoT), cloud computing, and blockchain to establish an end-to-end digital ecosystem. AI-enabled analytics facilitate automated decision-making, IoT supports real-time monitoring, cloud computing provides scalable data management, and blockchain offers greater security and transparency. The suggested method expunges inefficiencies present in fragmented digital transformation strategies through offering an overarching data-driven management framework. The findings from experimentation depict dramatic improvement areas such as the reduction of 30% of operational expenditures, a 40% gain in the efficacy of real-time decision-making, and a decrease by 50% in security risks. The paper indicates the potential for agility, resilience, and competitiveness gained when firms apply the integrated digital transformation framework. This study acts as a guidebook for companies in search of a strategic plan towards digital innovation to promote sustainable growth and adaptability in an increasingly technological marketplace.
Authors
- Kuldeep Sharma (ORCID: https://orcid.org/0000-0002-1103-034X)
- Bushra Khan (ORCID: https://orcid.org/0000-0002-9506-3535)
- Krishna Murthy Inumula
- Pramod Kumar Patjoshi
- S. Manjunatha
- Prakhar Mittal
Institutions
- Symbiosis International University (IN)
- Antwerp Management School (BE)
- AtriCure (United States) (US)
- Institute of Chartered Financial Analysts of India University, Jaipur (IN)
- Asian Academy of Film and Television (IN)
- Centurion University of Technology and Management (IN)
Publication Details
- Published
- 2025-05-23
- DOI
- https://doi.org/10.1109/incet64471.2025.11140452
- Primary Topic
- Economic Development and Digital Transformation
- Type
- article
- Field-Weighted Citation Impact
- 0.00