Example of successful digital transformation

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Question

Netflix's conversion from a DVD rental service to a streaming platform is an example of a successful digital transformation. Netflix began in 1997 as a mail-order DVD rental service. However, they recognized the promise of digital streaming and began moving to it in 2007. This was a dangerous move because the technology was still in its infancy, and internet speeds were not as fast as now.

Reference no: EM133652885

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