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Door: Nasser Mohamud
The Future of Digital Transformation

Digital transformation have been making lots of changes lately across all industries. To stay up to date, Companies, departments, and individuals need to know exactly where business technology is headed, and be sure to stay on top of each shifting digital trend.

According to Microsoft CEO Satya Nadella,  digital transformation is remaking companies and their factories, bringing the intersection of manufacturing and technology even closer.  Enabling that transformation are systems of intelligence that help companies gain insight and take action from big data, optimize their operations and change the very nature of the business models around their industrial products, Nadella said.

Among the companies that are doing so using are Siemens, Rolls-Royce and Japan Airlines.

For example, Siemens Healthcare, together with Microsoft, built a healthcare cloud platform for doctors, radiologists and patients so they can collaborate on connected information, such as diagnostic data from imaging devices, and transform how health care is delivered.

At Rolls-Royce, advanced analytics and the cloud being used to help commercial jet engines improve aircraft efficiency, drive up aircraft availability and reduce engine maintenance costs. And Japan Airlines is using Microsoft HoloLens to improve airplane maintenance training methods.

These systems of intelligence don’t work in isolation. The bringing together of IT and OT – the convergence of information technology and operations technology – “is pervasive,” he said.

“It changes how you will engage with your customers, how you in fact empower your own employees inside every one of your organizations to be able to gain insight from big data, take action from big data, and to optimize your operations and change the very nature of the business models around your industrial products.”

Because companies are part of a global economy and global society, they need to aspire to consider all the constituents they serve, from citizens to organizations, as well as the broader economy, “and really look to how we’re making the environment more sustainable, the economy more viable and people more skilled at the jobs of the future.”



What Experts Predict
Every year large research firms such as Gartner, Forrester, and IDC use predictive analysis to gain an understanding of what the future of technology may look like. This year, most companies are far behind the curve. Forrester research indicates that only 27 percent of operating companies currently have a working digital strategy, but researchers at Gartner and IDC are expecting large growth in initiatives and digital revenue over the next 4 years. 




Some of the specific predictions that trends and analysis suggest include:

Clarifying and unifying the digital vision
Companies will start to look at the digital big picture, focus on integration, break down departmental silos, and 60 percent of businesses will appoint a new executive to oversee the company's digital vision and drive initiatives.

 

The rise of digital revenue streams will change business models
Until recently, IT departments did not serve direct revenue generating functions. With the creation of more digital revenue, initiatives, and challenges, IT departments will play a much larger role within companies of all sizes.

 

Many jobs will evolve
IT professionals will need to expand their reach to new software and devices. As the fields of robotics, AI (artificial intelligence), and IoT (Internet of Things) evolve, many workers will need to develop new skill-sets to manage these technologies.

Big data will be more important than ever
For recognizing shortcomings, new opportunities, and streamlining processes, big data will become a staple of business strategy.
 


Accepting The Future Of Change
Authors and strategists often talk about the path of digitalization as though there is a clear blueprint for going digital and disrupting the marketplace. There are some common trends in how successful organizations have adopted digital technologies, but no set of rules can promise digital success.

In fact, it’s often what we can’t see that will make the most profound impact on the future. Ten years ago, people thought digital media would render newspapers and traditional media completely obsolete. What they didn’t imagine was the fluid connection between print and digital media that many individuals rely on today. If you flip through a newspaper now, you will find twitter handles, interactive codes, and website addresses. Online, you will see advertisements for print.

The evolution of digital media has significantly affected journalism and media outlets, but instead of shrinking the fields as predicted, digitalization has created more opportunities than ever before.

Sources:

Exploring The Future Of Digital Transformation And Disruption
http://www.forbes.com/sites/danielnewman/2016/03/01/exploring-the-future-of-digital-transformation-and-disruption/#3cdf657561ed 

Satya Nadella: How digital transformation is changing the face of manufacturing
https://news.microsoft.com/features/satya-nadella-how-digital-transformation-is-changing-the-face-of-manufacturing/

Satya Nadella: Why businesses should embrace digital transformation, not only to survive – but also to thrive
https://news.microsoft.com/features/satya-nadella-why-businesses-should-embrace-digital-transformation-not-only-to-survive-but-also-to-thrive/