Dawn Of The Next Industrial Revolution Is Upon Us
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It's Deeper Than Simply Digitizing Data Its About Predicting Our Future
True digital business transformation employs an innovative approach - one that combines technology and processes for developing and delivering new services. This requires a clear vision of where to start. Active participation in the definition of a cloud strategy makes it easier to implement new ideas on an ongoing basis. Here, organizations take advantage of new channels and technologies so that customers can experience products and services in a new way.
Establishing a new mindset is critical in the digital transformation process.
Predictions underlie nearly every aspect of our lives, from sports, politics, and medical decisions to the morning commute. With the explosion of digital technology, the internet, and “big data,” the science of forecasting is flourishing. But why do some predictions succeed spectacularly while others fail abysmally? And how can we find meaningful patterns amidst chaos and uncertainty? From the glitz of casinos and TV game shows to the life-and-death stakes of storm forecasts and the flaws of opinion polls that can swing an election, “Prediction by the Numbers” explores stories of statistics in action. Yet advances in machine learning and big data models that increasingly rule our lives are also posing big, disturbing questions. How much should we trust predictions made by algorithms when we don’t understand how they arrive at them? And how far ahead can we really forecast?
Updating technologies is not enough. To improve engagement, productivity, and accelerate service delivery, this change is essential across all levels of the organization. It’s about rethinking the approach, and how new technology can help it materialize. An agile development environment, cultural shift, and the right technology model can help further their modernization efforts.
Digital requires evolving from rigid, legacy platforms to an IT environment that is designed to adapt to the changing needs of an organization.
It calls for innovation, in addition to changes in policy, procurement, talent, and culture, to take full advantage of new opportunities that come with new breakthrough technologies.
It integrates the product and service ownership functions with delivery and is structured around delivering customer value. Continuous innovation is supported by lightweight decision making at product level, adaptive programs, and evolutionary architecture. This type of transformation, as with the delivery transformation, tackles technology, people, practice, and culture, but it does so with a wider radial impact across the organization.
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“It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” - Charles Darwin