The Digital Revolution. Once again, society stands at the precipice of a new global economy, a new workforce, a new everything. In this new-age revolution, data is the cornerstone, human stewards are more critical than ever and the hourglass of adoption is shrinking. Disputes over the ownership, management and use of data command a global stage, influencing new legislature, impacting international relations, determining corporate survival and introducing a new concept of global currency. Human beings are and will remain, the single biggest factor in successful artificial intelligence, automation, and analytics. Corporations and global economies need to harness the power of both to stand any chance at surviving their shrinking half-life and fueling prosperity in the Digital Revolution. Let’s explore why.
Tag: digital
How Goodyear Uses Artificial Intelligence And IoT For Digital Transformation
Would you be surprised to learn a 120-year-old company is transforming its business with artificial intelligence and technology? Akron, Ohio-based tire maker Goodyear might not be the first company you think of when discussing technological innovation, but they continue to announce intriguing developments and offer proof via new initiatives and products that they are altering operations to be competitive in the future.
Leading Digital Transformation – Human And Machine Workforce
When it comes to digital transformation, humans – believe it or not – play an integral role. In fact, companies that make strong use of the combined human/machine workforce have a far greater chance of success in digital transformation. Accenture calls these combined people/bot workspaces “future systems” – systems that seamlessly integrate humans and robots to create business goals that are limitless, agile, and “radically human.”
What Is The Digital Transformation Log Jam And How To Address
In the enterprise, no buzzword is as buzzy as the term “digital transformation”. If you spend any amount of time reading whitepapers, analyst research, or attending webinars you’ll see the term digital transformation used in conjunction with a wide range of enterprise-focused technologies ranging from data centers to application development, and enterprise architecture and AI and blockchain. But what does digital transformation even mean? And how does AI fit into the picture of how enterprises are thinking about AI and related cognitive technologies?
12 Steps Every Business Should Take For Digital Transformation
“Digital transformation” has become a mantra for many businesses. Many success stories underline how impactful digital transformation can be. However, the reports may leave out critical details regarding the preliminary steps a company needs to take and the internal issues that need to be resolved first.
The Role of Digital Technology in Marketing and Branding
In this interview, Ricardo Arias-Nath discusses the changing roles of CMOs; the influence of digital and social on branding; how marketing is used in B2B distribution channels; marketing analytics; career transitioning from sales to marketing; developing brands with a defined purpose; the future of marketing with respect to predictive artificial intelligence and share of algorithm; and the potential for CMOs to transition to CEO / CDO.
Scaling Cloud Services Is Key To Growing A Digital Business
The challenges of scaling cloud services to grow a digital business are many and are well-explained in the recent research report, Remote Office Networks Pose Business and Reliability Risk A Survey of IT Professionals (27 pp., PDF, no opt-in), published on August 2019 by Dimensional Research in collaboration with Infoblox. This report provides valuable insights into why scaling cloud services is essential for growing a digital business. The study’s findings reflect how remote branch and production locations’ lack of IT security and site personnel are one of the most challenging constraints to overcome and keep growing their business. Please see page 22 of the study for specifics on the methodology.
Stitch Fix: A Useful Case Study For Retail’s Digital Transformation
The remarkable thing about Stitch Fix, though, isn’t its business model, which blends digital with a healthy bit of reality. It’s the company’s use of algorithms across essentially every single facet of the company. When it comes to data, Stitch Fix is doing it well, and there are a lot of things all companies—not just retail—can learn from it. The following are just a few of my favorite takeaways.
Top 5 Digital Transformation Trends In Retail For 2020
Each year, I take a look at the major digital transformation trends hitting every industry. Next up are the big digital transformation trends in retail for 2020.
Before getting into this year’s trends, I want to go over some of the hits and misses we chose for 2019. While we did see major and necessary improvements in omni-channel retail and AI/cognitive computing, I’d say we still have some work to do with cardless checkout and smart beacons. Yes, those technologies are still percolating and will likely continue to mature in the coming year. But for 2020, I see some more significant trends moving the industry forward.
Why Your Business Needs to Master Digital Platforms Thinking and Design
In today’s ultra-competitive marketplace, every company whether they realize it or not, is creating multiple digital platforms. Why? Because platforms transcend traditional value chains and enable companies to create new business value. What this really means is companies are moving away from processes to platforms to create competitive advantages. The top 10 Fortune 500 companies are platform companies (Apple, Facebook, Google and Salesforce, for example). Moving forward, companies that master platform thinking and design will be the champions. Such is the power of this new way of thinking that most if not all firms are in the process of assembling and refining., If you and your company are to fully benefit from them, you need to understand why this is happening and how you can take advantage of it.
How To Stay Ahead Of Evolving, Unpredictable Digital Platforms
All of the most valuable firms in the world today are platforms, starting with Apple, Microsoft, Google, and Amazon. But platforms do not evolve in predictable ways, and there is a lot that managers and entrepreneurs can learn about past, present, and future platform strategies. To shed light on the
Nuances Of Aadhaar: India’s Digital Identity, Identification System And ID
As reports are emerging of personal data associated with Aadhaar ID being sold in alternate markets for as little as 500 Indian Rupees, are we witnessing the weaponization of identity becoming a reality? IntroductionIdentity, identification systems, and ID are evolving. As seen across nations, there is an intense effort going
