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Digital transformation

The digital transformation uses technology to create new or modify existing business processes, cultures, and customer experiences to meet changing business and market requirements. This process of digital transformation is driven by a range of factors, including the emergence of new technologies such as artificial intelligence, the Internet of Things, and blockchain, as well as market forces such as customer demand for personalized experiences, the need for greater efficiency, and the need for more agile and flexible business models. Digital transformation can lead to improved customer engagement, increased operational efficiency, enhanced customer experience, and new business opportunities. It can also lead to disrupting existing business models, increased competition, and the need to create new working methods.

Glossary categories

Additional glossary terms

Upvoty Alternative

Upvoty is a user-friendly alternative for feedback management and bug tracking. It helps teams and organizations collect, analyze and act on customer feedback quickly and efficiently. Sign up now and get a free trial!

Ecosystem (product)

Ecosystem is an innovative product that helps businesses keep their digital environment secure and organized. It enables users to manage their network, data, apps and devices in one accessible online platform.

Hurdle rate

Hurdle rate is a way to measure the return on an investment or project. It is the minimum rate of return needed to make a project worthwhile, and helps to identify the best investment opportunities.

Software Product Plan

Software Product Plan: Get organized and plan your next software product launch with our easy-to-use product roadmap software. Create and manage tasks and timelines, track progress and collaborate with your team - all in one place!

Roadmap templates

Product Timeline Roadmap Template

The Product Timeline is a visual planning tool used in software development to track and plan product development, identify potential bottlenecks, and ensure timely delivery.

Quarterly Roadmap Template

A Quarterly Roadmap is a planning tool used by organizations to outline goals, priorities, and tasks for a three-month period, providing direction, alignment, and structure.

Initiative Roadmap Template

The Initiative Roadmap is a visual planning tool used to plan and track the progress of strategic initiatives or projects, communicate progress, and manage priorities.

Swim Lane Roadmap Template

The Swim Lane Roadmap is a visual planning tool used to manage complex projects involving multiple teams or stakeholders, ensuring accountability, managing dependencies, and identifying bottlenecks.

Epic Roadmap Template

The Epic Roadmap is a visual planning tool used to plan and track the progress of larger-scale software development initiatives, communicate progress, and manage priorities.