Turkey has to achieve digital transformation, because global competition now has a new dimension of virtual competition that changes all time, space, production and marketing opportunities, said Sekib Avdagic, president of Istanbul Chamber of Commerce (ITO) on Wednesday.

“We don’t have the luxury to be a latecomer of digital future. We have to achieve that [digital transformation],” Avdagic noted during his opening speech of Visionary’19 Summit held in Istanbul.

He said being an actor of the digital age depends on being a superior actor of virtual competition, adding that digital future is possible only through digital transformation.

Read more: 'Turkey has no luxury to be latecomer of digital world'