During this time, I heard many companies talking about digital transformation. What is digital transformation?

Digital transformation is the use of digital technology to promote the transformation of business model, organizational structure, corporate culture and other reform measures. Digital transformation aims to use a series of new technologies such as mobile, Web, social network, big data, machine learning, artificial intelligence, Internet of Things, cloud computing, blockchain, etc. to conceive and deliver new differentiated values for enterprises. Enterprises adopting digital transformation will generally pursue new sources of income, new products and services and new business models. Therefore, digital transformation is the deep integration of technology and business model, and the final result of digital transformation is the change of business model. Digital transformation is not only a sentence, but also an ongoing practical action in all walks of life. If enterprises want to carry out digital transformation, they can consult CUHK for digital transformation, and they can check it in official website if they are interested.