Digital transformation is the process of creating new opportunities for innovation in business processes and products by utilizing digital technologies such as mobile phones, cloud computing, and information technology (IT). Having a savvy digital transformation strategy is important for companies in every industry, whether they are seeking to protect their existing market share, expand into new markets, or create entirely new business models.

For example, the use of financial technology (or “fintech”) in the financing industry has enabled new products and services such as online lending, e-commerce, and cryptocurrencies. Audio streaming services have caused no less than a total technology disruption of the music industry, supplanting music sales with subscription-based services. And in education, online platforms like Coursera are working with existing universities and businesses to expand access to learning opportunities.

Every business needs to be aware of the opportunities and challenges that digital transformation brings to their industry. Though each department will interact with digital technologies in their own way, IT departments are usually most directly responsible for implementing changes, integrating new processes, and creating new products.

With digital innovations spanning such a wide-ranging and ever-changing frontier, organizations often rely on experienced strategic management consultants to guide them through the digital transformation. According to the Bureau of Labor Statistics, management analysts make a median salary of $85,260 per year, and their job growth is expected to be much faster than the average for all occupations due to the growing need for advisory services on digital strategy and other areas.

Yes. Coursera offers a wide range of courses and Specializations on digital transformation and related topics like IT strategy and business technology management. And, since these courses are offered by highly-ranked schools and leading companies like the University of Virginia, Boston Consulting Group (a leading management consultancy), Copenhagen Business School, and the Indian Business School, you won’t have to sacrifice the quality of your education to learn online.

In addition to being able to learn about digital transformation remotely from wherever you live, the ability to complete course materials on a flexible schedule makes Coursera a perfect fit for working professionals managing their own transformation. With virtual office hours and collaborative group projects, you’ll be able to put the tools at the heart of digital transformation to use, all while paying a significantly lower tuition than on-campus alternatives.