Digital transformation (DT) has emerged as a distinctive and evolving phenomenon that is reshaping individuals, organizations, and societies. Although it was initially perceived as a new label for long-standing processes, it has become increasingly evident that DT embodies unique and novel characteristics that set it apart from related concepts such as digitalization and digitization. Addressing a gap in current research, this book explores the specific innovations and implications associated with DT and artificial intelligence. It builds on insights developed through more than four years of direct involvement in the digital transformation of complex organizations, drawing on the reflections, experiences, and understandings that arose from this sustained engagement. Furthermore, advanced text analysis techniques are employed to uncover the distinctive features of digital transformation across multiple disciplines. While the book primarily targets scholars in fields such as information systems, organization studies, and innovation management, it also offers practical insights relevant to a broader audience interested in understanding the multifaceted nature of digital transformation.