The Core Dilemma and the Path of Enterprise Digital Transformation

In today's new trend of digital economy, digital transformation of enterprises is necessary in order to cope with the changes in the external sales environment as well as to facilitate the sustainable development of enterprises. With machine intelligence, connected devices, and large-scale data analytics as core diversthe digital economy has become a new engine for economic growth in all countries, systematically transforming business models, operational processes, organizational structures, information security and customer experience to improve efficiency, innovate business models and enhance competitiveness. With reference to studies on Small and Medium Enterprises (SMEs) digital transformation across domestic and foreign researchthis paper systematically analyzes the core dilemmas faced by enterprises (especially SMEs) in digital transformation, including insufficient technological capabilities, organizational execution barriers, and lack of capital. Through case comparisons and theoretical integration, it proposes a layered path to crack the problem, implementing the transformation in phases, cooperating and sharing resources among enterprises, and relying on policy and financial support, and so on. This study provides systematic references and solutions for enterprises' transformation practices in the age of digital economy, aiming to promote SMEs to accelerate the pace of digital transformation.