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Digital Transformation in SMEs vs. Large Corporations
SMEs
Advantages: More agile, faster decision-making.
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Challenges: Budget constraints, limited IT infrastructure.
Large Corporations
Advantages: Bigger budgets, access to global tech providers.
Challenges: Legacy systems, bureaucracy.
Understanding these dynamics is key for case-based essays and comparative analysis in university modules.
Challenges of Digital Transformation
1. High Implementation Costs
Initial investment in software, infrastructure, and training can be steep.
2. Data Privacy and Cybersecurity
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