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digital transformation News

Why the workforce needs to change for digital transformation: Q&A Special

The future of work is no longer just about filling today's open needs; it is about re-evaluating the work and the workforce of tomorrow. Michael Gretczko, of Deloitte explains what is needed for the future.

Why is it hard for businesses to find and keep digital talent?

Having digital talent is important for digital transformation, but companies are facing barriers when it comes to recruiting, employing and retaining that talent.

Q&A: Why AI is set to change healthcare Special

From image analysis to data management, artificial intelligence is reshaping healthcare. Darren Schulte from Apixio looks at some real-world examples, and the advantages and disadvantages.

Essential for DX success: Strategic alignment, agility and HR Special

Cambridge - Why do digital transformations often fail? There are three approaches that organizations forget during these major transitions: strategic alignment, agility and the critical role of HR. Janice Miller of Harvard Business Publishing explains more.

Q&A: Why leadership matters for digital transformation Special

Cambridge - To make a success of digital transformation, effective leadership and a mature organization culture is required. An influencer at Harvard Business Publishing explains more.

Nike links higher profits to digital strategy

Nike's recent surge in shares is linked to higher earnings. Central to this has been the adoption of a digital strategy. The company has further plans for digital investment.

Digital transformation leadership lessons

Boston - George Westerman, Didier Bonnet and Andrew McAfee have shared leadership lessons from corporations that successfully transform themselves through digital technology, in a new book. This examines why some firms are more successful than others.

Downside of DX? Manulife cuts jobs to make space for technology

Toronto - The process of digital transformation will lead to the creation of new jobs, but other jobs will inevitably fall by the wayside. As an example of the latter, Manulife Financial Corp., based in Canada, is cutting 700 jobs.

Digital business models help set companies up for future success

Two researchers from the MIT Center for Information Systems Research have developed a framework, in the form of six questions, that can help inform an enterprise’s digital transformation strategy.

Understanding threats will help inform transformation strategy

Two researchers from the MIT Center for Information Systems Research have developed a framework publication in the form of six questions that can help inform an enterprise’s digital transformation strategy. Here's an explainer of one of those questions.

Five reasons why digital transformations fail

It’s easy to get blinded by digital transformation success stories, but often digital transformations fail, or become extended and extended without the core objectives ever being fully realized. We look at some key reasons.

Digital transformation of finance: Mix of leaders and laggards

Finance services are showing an uneven path for digital transformation, with some identified leaders and a host of laggards. This insight comes from Forrester Consulting on behalf of consulting firm Ernst and Young LLP.

European magician Joe Labero talks INFERNO: The Fire Spectacular Special

Las Vegas - Master magician Joe Labero chatted with Digital Journal about being in the production "INFERNO: The Fire Spectacular" in Las Vegas. He also discussed the digital transformation of the live magic performance.

How can hospitality brands undergo digital transformation?

Digital transformation in the hospitality industry is a very human-focused effort, with leading brands leveraging technology to cater to the whims and wants of their guests.

Which is best: Digital transformation or digital optimization?

For many companies struggling with digital transformation, it could be that digital optimization is a better strategy. This ties in with existing platforms and human experience.

Three startups disrupting the insurance industry

The insurance industry may not be entirely prepared for digital transformation, but insurtech is coming. Here are a few of the startups disrupting the insurance industry.

Big expansions set for retail IoT technology

According to a new report, the Internet of Things for retail is set to get much bigger than in other industries. The report suggests sales in related technologies for the sector will rise to $94 billion by 2025.

How emerging technologies fit into digital strategies

Manufacturers should be investing in, or at least exploring, the Internet of Things and industrial automation, among other technologies, according to Microsoft partner Columbus, which sets out a ‘Manufacturing 2020’ strategy in a new report.

Q&A: Are chatbots the answer to healthcare improvements? Special

Patients are sometimes stuck waiting for their doctors and results, making numerous phone calls and leaving messages, making it a very frustrating experience. Are chatbots the answer to this supply and demand dilemma?

IT spending hits 10 year high as companies wrestle with DX

A new survey finds that CIOs are reporting increases in IT spending and staffing — the highest for ten years — as their organizations step up investments in digital technology.

Can digital transformation make air travel easier?

Air travel can often probe frustrating for air passengers, whether business or leisure. Flight delays and confusing directions around terminals are just two common complaints. Digital technology could address these issues.

Business intelligence assist with retail: Interview Special

Direct to consumer selling requires innovative new technologies. One example is OceanX, which is a responsive, scalable, all-in-one subscription commerce system. Such platforms cove billing, customer care, and business intelligence.

Artificial intelligence is necessary for a smooth DX transition

The scope of business digital transformation keeps expanding. To achieve greater growth many companies are assessing the impact of artificial intelligence. Four areas for business advantage are reviewed.

Are CFOs the answer to digital transformation leadership crises?

There's a great deal of debate in business circles about which role is the optimal one for championing digital transformation. Is it the CEO, CDO, CIO? How about the CFO?

How brick and mortar grocers benefit from digital transformation

Brick and mortar grocery retailers have the potential to adopt artificial intelligence to help with stocking their stores, pricing their products and being competitive with online retailers like Amazon.

Digital transformation trends in agriculture

New technology is re-shaping the approach to agriculture and it can potentially deliver many benefits, including improved production. These innovations are particularly of use to low income countries.

Intelligent processes for digital transformation goals Special

Companies can design intelligent processes that empower everyone from new hires to the C-suite to make a dent in their digital transformation goals, according to Ryan Duguid of Nintex.

Startup that helps companies build remote teams raises $13M CAD

Terminal, a startup that helps companies create and scale their remote technical teams, has announced the recent completion of a Series A funding round of $13M CAD ($10.35M USD).

Ready for the Internet of supply chain?

Berlin - The quest for supply chain transformation and end-to-end logistics remains a goal for many companies. A solution rests with the 'Internet of Supply Chain', as discussed at a major conference this month.

Transworld announces digital transformation shipping project

The Transworld Group of companies has announced its latest progress in relation to its digital transformation of its shipping activities. The group will leverage technology enabled solutions and customer connect e-platforms.
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Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
Contextual information is an important part of cloud technology  especially when talking to someone ...
Contextual information is an important part of cloud technology, especially when talking to someone in a call center.
Petiatil
 Digital transformation  is the change associated with the application of digital technology in all ...
"Digital transformation is the change associated with the application of digital technology in all aspects of human society," Wikipedia.
Digital Journal
Digital transformation will be critical in the future of business
Digital transformation will be critical in the future of business
Pixabay / Pexels
54 percent of IT leaders say their businesses will fail if they don t digitally transform within fou...
54 percent of IT leaders say their businesses will fail if they don't digitally transform within four years
rawpixel.com / Pexels
Untitled
Deloitte
Nike World Headquarters in Beaverton  Oregon  home to Nike  Inc.
Nike World Headquarters in Beaverton, Oregon, home to Nike, Inc.
Coolceasar
While more and more businesses understand the need to go digital  recent reports show that many are ...
While more and more businesses understand the need to go digital, recent reports show that many are lagging behind.
Robbert Noordzij
Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
Deployments of technologies is still low
Deployments of technologies is still low
Ovum
Individualised experiences are  table stakes  for retail
Individualised experiences are "table stakes" for retail
Pixabay / Pexels
Digital transformation is the transformation of business to the concept of  going paperless   which ...
Digital transformation is the transformation of business to the concept of "going paperless", which affects the whole segments of economy and society.
Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
Nordea Bank Lietuva
Nordea Bank Lietuva
Bearas
Eye-catching sign on the window of the Wellcome Centre in London  September 2017.
Eye-catching sign on the window of the Wellcome Centre in London, September 2017.
Just 1 in 10 digital transformation projects are successful - a worrying sign for tech leaders at es...
Just 1 in 10 digital transformation projects are successful - a worrying sign for tech leaders at established companies
Startup Stock Photos / Pexels
Digital Main Street is a platform helping Toronto businesses make the big leap to digital.
Digital Main Street is a platform helping Toronto businesses make the big leap to digital.
Digital Main Street/ Twitter
Millennial sentiments on automation
Millennial sentiments on automation
Deloitte
CIOs have new responsibilities in digital transformation
CIOs have new responsibilities in digital transformation
Pexels / Burst
Untitled
Vonage