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digital transformation News

Big data strategies disappoint with 85 percent failure rate

Big data projects aren't delivering the transformations companies had anticipated. 85% of all big data strategies are failing due to a combination of challenges, including the problems presented by legacy technologies and pre-existing corporate biases.

AI provider Brighterion wins first Morgan Stanley fintech award

"AI as a service" provider Brighterion has been named the winner of the first Morgan Stanley Fintech Award. The award recognises the company that's provided the most innovative technology to the fintech markets, assisting Morgan Stanley's clients.

Amazon is launching a 'Secret' cloud service for the CIA

-Amazon Web Services introduced Secret Region, a new service specifically for the CIA and the rest of the intelligence community. -It's not really a secret service: It's name just indicates it can handle data that's been classified at the "secret" level.

Google announces £1m investment in U.K. computing lessons

Google has announced it will provide £1m to train U.K. computer science teachers. The grant will support the U.K. government's £100m initiative to improve computer science education in the country, where only 11 percent of school pupils take the subject

Four digital transformation trends to watch out for in 2018 Special

2017 has seen a rapid pace of digital transformation and this is set to increase further into 2018. Magnus Jern, Chief Innovation Officer at DMI has provide Digital Journal readers with four key trends to watch out for next year.

A.I. and digital tools invading U.S. jobs at all skill levels

With the growing use of artificial intelligence and digital tools in the workplace, very few occupations will be left unaffected. Most surprising is the striking uptick in lower-skilled jobs requiring digital tools.

Cisco: 75% of IoT projects are failing due to lack of expertise

Three quarters of Internet of Things device implementations are failing due to a lack of expertise, according to networks giant Cisco. The company found that businesses are struggling to find IoT talent to put their forward-thinking plans into action.

UPS joins group bringing blockchain to the shipping industry

UPS has joined the Blockchain in Trucking Alliance (BiTA), a working group that's developing standards for the use of blockchain inside the shipping industry. Blockchain tech could help streamline transport by putting shipment data in one place.

BGIS Senior VP talks CRE and digital transformation

At WORKTECH17, industry leaders assessed how digital transformation is being handled by Corporate Real Estate (CRE) groups and their clients.

Facebook's new program helps you boost your digital skills

Facebook's announced a new community scheme aimed to help small businesses improve their digital skills. The company will provide training and resources so businesses can access modern technologies and keep up with the pace of technological development.

25% of small firms 'doing nothing' to defend against cyberthreats

Most small business owners feel "underprepared" to deal with cybersecurity threats, according to a study of digital trends published today. 25% of firms said they feel they're "doing nothing" to keep data secure, although digital adoption is growing.

Digital transformation courses offer training to employees

One effect of the current push towards greater business innovation is the development of digital transformation training courses, designed to teach the key principles of the digital economy.

Microsoft uses AI to help Indian farmers maximise crop yields

Microsoft has developed an AI app to assist Indian farmers in maximising crop yields from their land. The company's services can predict the optimal date to sow crops and send automated voice calls that alert landowners to weather and pest attack risks.

Salesforce and Google unite to help enterprises unlock their data

Salesforce and Google have announced a new joint partnership intended to help customers utilise the cloud in their business. The firms have integrated several of their products together, creating new "collaborative experiences" for companies in the cloud.

Tenfold investment boom in digital transformation of energy firms

Investments in AI and big data within the energy sector are up tenfold over last year, according to a new report assessing technology's impact on the industry. Despite being constrained by their scale, energy companies are starting to digitally transform.

Salesforce launches service to let anyone get started with IoT

Salesforce has announced a new IoT platform meant to make it easier for inexperienced businesses to utilise the technology. Salesforce myIoT has an easy-to-use point-and-click interface that helps developers connect, configure and leverage IoT devices.

Cloud sales constrained by lack of digital skills

Sales of cloud services are being held back by a lack of skills, a report by intY has found. Over a third of platform resellers said they can't find sales staff with the expertise to sell cloud products. It's the latest sign of a lack of cloud resources.

DJ Michael Sarysz talks digital transformation of music industry Special

DJ, emcee and lighting expert Michael Sarysz chatted with Digital Journal about the digital transformation of the music and entertainment industry.

Microsoft to triple cloud capacity in China as demand grows

Microsoft has announced it's to triple the capacity of its Azure cloud network in China after observing "rapid momentum" in the service's growth. Azure launched in China three years ago and now has over 80,000 enterprise customers.

'Widening gap' between digital transformation winners and losers

Global digital transformation investments will increase to $1.7tn by the end of 2019, up 42% from 2017. Enterprises are spending big on new tech as the race to transform heats up. However, there are concerns over the divide between leaders and laggards.

90% of enterprises to use cloud services by 2021

Over 90 percent of all enterprises will use cloud platforms to innovate and improve agility by 2021. Companies are spending "aggressively" on new technologies as they compete to grow their digital presence and improve customer experiences.

Microsoft says ‘don’t fear digital transformation’

London - A new study by Microsoft has found many businesses are still reluctant to start or complete the digital transformation process due to concerns about failure. This is despite the considerable benefits of ‘going digital’.

Microsoft explains how mixed reality will transform the workplace

Microsoft's announced a new strategy to bring mixed reality to every modern workplace. The company said it believes the tech could lead to significant productivity and efficiency improvements by allowing employees to blend the real and digital worlds.

Chevron and Microsoft create 'digital core' for fuel business

Chevron has announced a partnership with Microsoft that will see the company use cloud tech and the Internet of Things to streamline its business. The company intends to digitize oilfields around a cloud-based core, giving it more data insights.

Nordea Bank cuts 6,000 jobs in effort to go digital in core areas

Nordea is cutting around 6,000 jobs as the Nordic region’s biggest bank battles to maintain its competitiveness as the banking sector shifts toward digital transformation.

Karine Delage talks digital transformation of PR industry Special

Veteran Canadian PR queen Karine Delage of Karyzma Agency chatted with Digital Journal about National Publicist Day, and the digital transformation of the PR business.

Intelligent sensor network for harvesting machines developed

Bielefeld - An innovative new system has been developed that will make it safer and more efficient to operate tractors and combine harvesters under changing crop densities and differing conditions in the terrain.

Willful launches online platform to make creating a will simple

Toronto - Toronto, Canada-based startup, Willful launched its online platform on Tuesday, to help Canadians in creating a will in less than 20 minutes and for a fraction of the cost of using traditional sources.

Mickey Jack Cones talks digital transformation of country music Special

Nashville - Acclaimed country producer Mickey Jack Cones chatted with Digital Journal about the digital transformation of the country music industry, and he gave an exclusive gender reveal of his twins (that he and his wife are expecting).

Mark Schultz talks digital transformation of wrestling, future Special

Olympic gold medalist wrestler Mark Schultz chatted with Digital Journal about his latest endeavors, and the digital transformation of the wrestling industry.
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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
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
Graph from a Microsoft study into digital transformation amongst small businesses
Graph from a Microsoft study into digital transformation amongst small businesses
Microsoft
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
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
Social media users are more likely to be enthusiastic about automation
Social media users are more likely to be enthusiastic about automation
Deloitte
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
Individualised experiences are  table stakes  for retail
Individualised experiences are "table stakes" for retail
Pixabay / Pexels
Digital transformation will be critical in the future of business
Digital transformation will be critical in the future of business
Pixabay / Pexels
CIOs have new responsibilities in digital transformation
CIOs have new responsibilities in digital transformation
Pexels / Burst
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
Millennial sentiments on automation
Millennial sentiments on automation
Deloitte
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
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
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

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