What effect does digital transformation have on product realization?

Digital transformation significantly enhances collaboration and efficiency in product realization by leveraging modern technologies and digital tools. This transformation enables teams to communicate and share information in real-time, regardless of their geographical locations. For example, cloud-based platforms allow for simultaneous updates to product designs or project management, which facilitates immediate feedback and adjustments.

Additionally, digital tools can automate routine tasks, freeing up team members to focus on more strategic activities. By streamlining workflows and reducing bottlenecks associated with manual processes, organizations can speed up time-to-market and improve product quality. Overall, digital transformation fosters an integrated approach where all stakeholders are aligned, leading to a more collaborative and efficient product realization process.