Agile transformation is a strategy that allows businesses to be more reactive to change.
Typically, when designing and building software for a project, teams will often adopt the waterfall method by which most of the analysis is carried out upfront before the product is then designed, built and delivered.
Although this can work well in some cases, there are downfalls with this approach. It can be very difficult to steer a project if things evolve, especially for larger companies in the financial services sector where regulations are constantly changing. An agile approach allows businesses to adapt to unforeseen changes in an efficient way with minimal disruption.