Discipline: social sciences (non-specific)
The introduction of information, technology, and innovation in goods and services is the cornerstone of success in the modern global economy. These significant digital revolution shifts have established new digitally related practices that enhance and add value to the way businesses, organizations, and countries operate. In light of this, the research aims to examine how digital transformation is applied in business and economy. This study presents 20 reviewed literatures precisely their basis of the sources of data, geographical settings, statistical treatment employed, distribution of geographical settings of selected studies, the variable usage for digital trans-formation, its parameters, and the concepts or other variables it is being related with. The results revealed that the innovations made by the enhancement of the management system and expansion of management capacity via the use of digital technologies demonstrate the significance of digital transformation. With this, digital transformation has increased economic growth rates, enhanced the caliber of services offered, and created new opportunities for con-sumers and business owners in many countries. However, to get the most out of digitalization, stricter laws that guarantee business competition and worker skills that meet the needs of the contemporary workforce are required.
Philippine E-Journals
