ELI5: Explain Like I'm 5

Digital transformation

Digital transformation is when a company uses technology to improve the way they do things. For example, if a company sells clothes, they might use computers and the internet to help them find and buy new clothes in bulk. They could also use technology to keep track of stock, so they know how many pieces of clothing they have in their store. This helps the company run more efficiently and save money in the long run.