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digital transformation News

Failure to complete digital transformation leads to revenue loss

A new study examines how IT decision makers are handling digital transformation, IT operations and change management. The study concludes that failure to deliver on such programs adversely affects future business revenues.

Banking regulators reluctant to act on 'hyped' fintech

Global banking regulators have indicated they're not rushing to introduce new fintech rules. A report from the Basel Committee on Banking Supervision has addressed the "hype" in fintech, comparing it to previous disruption in the financial industry.

Digital transformation challenges for Canadian businesses

Digital transformation requires companies to implement new technologies and develop an appropriate culture, to ensure success. A new report from Accenture assesses where Canadian businesses measure against global standards.

Digital transformation requires a fundamental shift in leadership

A new study from Accenture concerning factors that are hampering digital transformation with businesses focuses on leadership. The report finds that a fundamental shift in leadership values is required in order to make digital transformation a success.

Canadian AI accelerator joins supply chain 'supercluster'

NEXT Canada is joining the SCALE.AI Supply Chain Supercluster. SCALE.AI is a consortium aiming to develop a global supply chain platform based on artificial intelligence and emerging technologies. It was launched by the federal government last year.

HoloLens devices can now be rented, worn with a hard hat

Microsoft has announced that HoloLens is now available to rent for businesses which do not have the resources to buy their own devices outright. Firms will also be able to evaluate mixed reality in their enterprise by renting a device for a longer period.

Retail technology rejected in favour of face-to-face interactions

New retail technologies aren't delivering the returns they claim, according to a survey of retailers investing in digitalisation. Many stores have observed disappointing results from their systems and are concerned they make it harder to engage customers.

Advertising companies facing talent shortfall

Publishers and brands are spending more on branded content in order to beat out competition. The main problem now facing advertisers is finding people with the right skills.

Dr. Tim Sandle discusses career as a scientist and journalist Special

Dr. Tim Sandle chatted with Digital Journal about his respected career in science as a pharmaceutical microbiologist, and his career as a distinguished science journalist. He also opened up about the digital transformation of the science industry.

Oracle unveils 'self-driving' automated cloud platform

Oracle has announced it will rollout autonomous functions across its entire cloud. Initially launched as a pilot database system last year, Oracle said businesses can reduce risk and accelerate innovation by getting predictive insights from the cloud.

Zac Brown Tribute Band talks digital transformation of music Special

Wantagh - Pete Frank from the Zac Brown Tribute Band (ZBTB) chatted with Digital Journal about the digital transformation of the music business.

How digital transformation can help the U.K. health service

London - The ‘Five Year Forward View’ and ‘Personalised Health and Care 2020’ plans outline the commitment by the health and care system and the U.K. Government to use information and technology to transform the country’s health services.

Digital transformation forecasts for Australian manufacturing

Industrial practices are changing in order to match niche consumer demand. For companies to remain competitive a transition to smart manufacturing. A new report looks at how Australian manufacturing can develop this practice.

New software platform speeds up digital transformation: Interview Special

The company Workboard have produces a SaaS platform that helps enterprises iterate, measure and achieve strategy at market speed. To explore how this solution works in practice, Digital Journal spoke with Deidre Paknad, the company’s CEO.

R3: Blockchain tech could make its enterprise debut this year

2018 could be the year in which blockchain tech gains traction inside enterprises, according to the R3 distributed ledger consortium. It told CoinDesk that many of the initial troubles have now been resolved, so firms are set to increase deployments.

Digital transformation is all about enterprise agility

Digital transformation initiatives are rapidly developing as businesses pivot towards the cloud, AI and the Internet of Things. Key to any cohesive digital transformation strategy is an emphasis on agility.

UPS invests in tech to streamline its network operations

UPS is planning to invest in technology improvements over the next year as it streamlines its network to improve efficiency and cut down backlogs. The company will reportedly spend up to $7bn on new tech to increase its network capacity for the holidays.

UPS invests in tech to streamline its network operations

UPS is planning to invest in technology improvements over the next year as it streamlines its network to improve efficiency and cut down backlogs. The company will reportedly spend up to $7bn on new tech to increase its network capacity for the holidays.

Is digital transformation hampered by slow technology?

Is digital transformation, as a business goal, being slowed down by the very technologies that are available for businesses to use? This is the view expressed by many businesses according to a new survey.

Cisco: Cloud datacentres to power 94% of workloads by 2021

Cloud datacentres will serve up to 94% of Internet traffic by 2021, according to a new report from network specialists Cisco. The company found demand for hyperscale public and private clouds will drive demand to "as-a-service" offerings.

Amazon wristband patent monitors employee movements in real time

Amazon has patented a design for a smart wristband which could be used to identify warehouse workers and track their movements. The device was devised in 2016 and is presented as a way to help warehouse employees pick items more quickly.

Interview: Partnerships key to fintech trust building Special

Collaborative partnerships are becoming a "cornerstone" of fintech, Matthias Setzer of PayU told Digital Journal. Financial providers and tech firms are partnering to address trust concerns, avoiding a "culture clash" which could derail the industry.

Publicis Groupe partners with Microsoft to build new AI platform

Publicis Groupe has announced it's partnering with Microsoft to create a "disruptive" AI platform to digitally transform its operations. The organisation will define the platform's architecture, with Microsoft then providing the tech to build it.

Digital transformation of insurance to lower fraud risk

The digital transformation is driven by new competitive threats and a desire to prevent false claims, according to a new report. With the latter, the process of behavioral biometrics can assist with fraud prevention and a better customer experience.

Digital transformation pushes UK tech job openings up 12 percent

The number of open job postings for UK technology positions rose by 12 percent last year as more companies push to digitally transform. The digital talent shortfall is continuing to impact the market, with average salaries also rising by nine percent.

The two major factors driving digital transformation

There are multiple reasons why different types of businesses elect to start or develop the digital transformation process, not least the desire to remain competitive. Two dynamics are changing customer expectations and the exponential organisations.

Digital transformation journey of high street health food chain

London - The high street is changing and retailers that want to survive the disruption of on-line challenges need to embark on digital transformation projects. One company squaring up to the challenge is health food chain Holland & Barrett.

Consumers are beginning to accept automated customer service

Consumers are starting to accept automated customer assistance. According to a report, people are abandoning traditional communication methods as they believe they're generally ineffective. Digital alternatives are seeing increased use as a consequence.

Sure signs of retail's digital transformation

Many consumers are used to the real-time, personalized world that the modern digital landscape. This is seemingly more so with retail than with other sectors. Five key trends show this in action.

Canada uses blockchain to make research grants more transparent

The Canadian government has begun trialling blockchain technology as a way to improve the transparency of research grants. The National Research Council (NRC) is currently using an Ethereum-based system to publish funding information in real-time.
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digital transformation Image

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
Millennial sentiments on automation
Millennial sentiments on automation
Deloitte
Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
Digital transformation will be critical in the future of business
Digital transformation will be critical in the future of business
Pixabay / 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
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
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.
Untitled
Vonage
Individualised experiences are  table stakes  for retail
Individualised experiences are "table stakes" for retail
Pixabay / Pexels
Willful landing page.
Willful landing page.
Willful
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
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
Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
CIOs have new responsibilities in digital transformation
CIOs have new responsibilities in digital transformation
Pexels / Burst
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
Deployments of technologies is still low
Deployments of technologies is still low
Ovum
Nike World Headquarters in Beaverton  Oregon  home to Nike  Inc.
Nike World Headquarters in Beaverton, Oregon, home to Nike, Inc.
Coolceasar
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
Untitled
Deloitte