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digital transformation News

Digital transformation trends in insurance

Insurance companies continue to struggle when it comes to customer experience, with users complaining of poor service when making claims or because of undue waiting times. Insurance companies are redressing this with new technology.

Why digital transformation is about embracing change: Survey

For a company to survive, it needs to undergo a well-mapped process of digital transformation, according to a survey from Center for Creative Leadership and CorporateLeaders. The survey identifies key barriers that need to be overcome.

Digital transformation strategy for the automotive sector

Automotive companies are rethinking their business strategies, in terms of how production processes can be improved and how they gain greater insights into customer preferences through digital technology. These factors are the subject of a new IBM report.

What automotive sector firms need for digital transformation

According to business analysts McKinsey, the automotive sector needs a joined-up approach to digital transformation. The consultancy firm has put together a set of recommendations for a successful digital transformation for tier one automotive suppliers.

Digital transformation market to hit $431.71 billion by 2021

A new market review estimates that the growing expansion in business-led digital transformation will grow the global value to $431.71 billion by just 2021. The main drivers are advancements in ICT and embedded systems.

Q&A: Why cybersecurity needs to be part of digital transformation Special

To advance with digital transformation, a robust approach cybersecurity is needed. This goes hand-in-hand with company strategy as more firms go down the DX path. Jumio Head of Global Marketing Dean Nicolls provides some insights.

Distributed Manufacturing: Next in line for blockchain innovation

The following article is sponsored by Cognizant. Blockchain has already disrupted business processes in the financial sector, and is poised to impact companies across industries.

How to adopt a digital transformation strategy: Q&A Special

Matt Mead is an expert in aligning digital transformation and business strategies. In conversation with Digital Journal, he shares key warning signs that can signal if a company is vulnerable to digital disruption.

New digital disruptors are non-digitally native organizations

A new survey seeks to understand the impact of digital disruption on incumbent, non-digitally native organizations. The report predicts that these firms will become the next major tranche of digital disruptors.

How businesses can survive digital disruptions

Surviving the types of digital disruptions that are impacting on every industry requires a robust strategy, according to industry commentator Raméz Baassiri. This is especially so when disruptions happen that are beyond control.

The new champions of digital disruption: Q&A Special

Infosys has released a new report, “The New Champions of Digital Disruption: Incumbent Organizations”, which seeks to understand the impact of digital disruption on incumbent, non-digitally native organizations. Anant Adya, Infosys SVP explains more.

Accenture acquires two startups to expand Industry X.0

With the acquisition and pending acquisition of two US-based startups, the management consulting company says it's pushing forward with its Industry X.0 practice.

Six factors for successful digital transformation

A new global survey into digital transformation has revealed six important factors that each business needs to consider in order to make digital transformation a success. The survey comes from Fujitsu.

The global state of digital transformation: Survey

Fujitsu has released a new survey on the global state of digital transformation, drawing on a recent survey of 1,535 C-level executives working in enterprises of different sizes and scope, from across 16 countries.

Digital technologies are reshaping the manufacturing landscape

For engineers, new skills are needed in a world of smart products. A new survey finds that to capitalize on new service-driven opportunities, manufacturers will need to improve their digital capabilities.

Engineering is digitizing essential functions

Engineering and construction companies are investing more of their annual revenue in digital operations solutions, in a bid to remain competitive and to complete jobs more quickly.

Digital transformation will impact on employment

Digital transformation will change employment. However, the full impact is uncertain in terms of the loss of jobs. What is certain is that many traditional occupations will need reskilling.

Six barriers to becoming a digital business

Business analysts Gartner have identified six barriers to becoming a digital business, with the key factors stemming from a recent industry survey. Several of these barriers are linked to the need for significant changes to culture and systems.

Businesses should 'follow the money' when adopting AI

A June report from the McKinsey Global Institute (MGI) found that, overall, artificial intelligence adoption is still slow; only 20 per cent of "AI-aware" businesses say they are adopters.

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.
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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
Willful landing page.
Willful landing page.
Willful
Nike World Headquarters in Beaverton  Oregon  home to Nike  Inc.
Nike World Headquarters in Beaverton, Oregon, home to Nike, Inc.
Coolceasar
Untitled
Deloitte
Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
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
Social media users are more likely to be enthusiastic about automation
Social media users are more likely to be enthusiastic about automation
Deloitte
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
People at work  using laptops
People at work, using laptops
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.
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
Nordea Bank Lietuva
Nordea Bank Lietuva
Bearas
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
The “digital” alarm bell has been going off (literally and figuratively) now for over 20 years.
The “digital” alarm bell has been going off (literally and figuratively) now for over 20 years.
Bogomil Mihaylov
Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
Lee Dale of consulting company Say Yeah says digital transformation is all about approaching a busin...
Lee Dale of consulting company Say Yeah says digital transformation is all about approaching a business from the customer perspective.
Say Yeah
CIOs have new responsibilities in digital transformation
CIOs have new responsibilities in digital transformation
Pexels / Burst
Deployments of technologies is still low
Deployments of technologies is still low
Ovum
Millennial sentiments on automation
Millennial sentiments on automation
Deloitte
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

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