Digital Transformation Updates

  You have been hearing about Fourth Industrial Revolution. It's most likely the hottest topic for organizations, thought leaders, policy makers, scientists and ofcourse technocrats. Klaus Schwab, the Founder and Executive Chairman of the World Economic Forum, that coined this word, writes -"The First Industrial Revolution used water and steam ability to mechanize production. The Second used electrical power to make the massproduction. The next used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that's been occurring as the middle of the last century. It is characterized by a combination of technologies that is blurring the lines between the digital, physical, and biological spheres." He also makes an extremely important, important point -"Neither technology nor the disruption that comes with it really is an exogenous force over which humans don't have any ...

  Digital transformation DT is not a simple change but an organization wide change that is brought about by people, processes, operations and the use of latest technology. It is more about the integration of digital technologies into all the areas of business operations. Necessarily, it is the integration of information and data from one end, and technology and mobility from the other end. These together when embedding into an organizations business strategy, are bound to deliver a better digital customer experience. Therefore, every business has to ensure they transform their approach more towards engaging and enchanting their customers with scalable and high performing digital applications. The process of digitization helps businesses to better track their operations, enhance productivity, augment effective digital strategies and deliver great experience to customers. Latest industry statistics on Digital Transformation digital transformation strategy –> According to Meticulou...