According to a recent survey of directors, CEOs, and senior executives by the Wall Street Journal Digital Transformation risk is their #1 concern in 2019. Yet 70% of all Digital Transformation initiatives do not reach their goals. $1.3 trillion was spent last year on Digital Transformation and it is estimated that $900 billion went to waste. So, the question at hand is why do some transformation efforts succeed and others fail? Let’s try to analyze and understand some key factors which lead to Digital Transformation failures and how to avoid them. Read More…
In this article I share my thoughts on the ‘How’ part of Digital Transformation including Organizational culture, using proper technologies, harnessing the Cloud, adopting accelerated innovation & experimentation, making right decisions for your people, technology, & processes, utilizing data and analytics to assess progress and calculating the ROI. Read More…
“Digital Transformation” has been the industry buzzword for almost a couple of years now. According to the IDC report it is predicted worldwide spending on the technologies and services that enable the digital transformation of business practices, products, and organizations will reach $1.97T in 2022. Read More…
Artificial Intelligence and Machine Learning recently have become the buzzwords in today’s IT and the Cloud Computing era. It has now become possible even for smaller size companies to dabble in this field due to the advent in technology and availability of resources through the Cloud computing infrastructure offered by providers such as Amazon, Microsoft and Google to name a few.
Two essential ingredients of any Digital Transformation strategy must be Innovation and Automation. Both of these will help you move closer to the digitization of manual processes and tasks within your company. For majority of the digital transformation initiatives Cloud Computing will play a key role as an enabler and a catalyst. Numerous Cloud services from multiple providers are helping companies to automate business processes and manual tasks along with enabling them to run experiments to try and test new ideas before making decisions to scale these ideas to production systems.
Cloud Computing is an enabler for all things which we knew how to do but we didn’t have the infrastructure or the computing resources to accomplish. With multiple Cloud providers out there including Amazon, Microsoft and Google with their global data centers and massive compute power, it is now possible for companies of all sizes from small to large enterprises to tap into that compute capacity and execute their Cloud strategy to enable their business scenarios. Certain key technologies which have gained prominence and become the industry’s buzz words lately include Cognitive Computing, Machine Learning (ML), Artificial Intelligence (AI) and Internet of Things (IoT). These core technologies are playing a big part in helping many organizations in their Digital Transformation journey.
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