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One of the major differentiating factors between transformation and innovation is speed—or lack thereof. Transformations take time—moving from one state to another is a process. Innovation, on the other hand, usually refers to a sudden spark or creativity, and the incipient actions that lead to implementing that spark into a company’s strategy.

Innovation Vs. Transformation: The Difference In A Digital World Innovation and transformation are often used synonymously, but they have different meanings in the digital world. Here’s the difference.