We provide the CIO and other digital leaders with insights on topics such as business complexity, data monetization, and the digital workplace. Leaders in transformation-specific roles encourage their employees to experiment with new ideas (such as rapid prototyping and allowing employees to learn from their failures). Digital transformation Digital technologies are accelerators of innovation. RESEARCH. We are in an era of digital revolution, where competitive advantage depends on how well we use the enterprise digital infrastructure, and how we utilize the business applications and massive amounts of data flowing across it. Home Research Digital Transformation Survey. Digital Transformation is quite a trend; the global digital transformation market is expected to grow from $150 billion to $369 billion in the coming five years. The better you understand your users, the more likely you are to design and build a service that works well for them. Opportunities lie in several emerging economies, where various cloud-enabled digital services are in the growth phase. The ongoing digital transformation holds the promise of improving productivity performance by enabling innovation and reducing the costs of a range of business processes. 7.4 Summary. Digital transformation is a fundamental rethinking of customer experience, business models, and operations. How COVID-19 is affecting digital transformation plans. Quantum computing, digital transformation, programming languages, and more: ZDNet's research roundup 1 of 9 NEXT PREV Quantum computing will impact the enterprise, despite being … 451 Perspective: Continuous Intelligence Emerges as Successor to Real-time Analytics. Companies use emerging technologies to achieve digital transformation in their operations. We found that, in addition to technology changes and other market pressures, DCX is one of the most important catalysts driving the evolution of business. Welcome to the Digital Transformation Initiative (DTI). Make informed decisions about the innovative technologies and companies that enable your IT transformation plan. A serial entrepreneur with a technology centric focus, she has worked with some of the world’s largest brands to lead them into the digital space, embrace disruption and the reality of the connected customer, and help navigate the process of Digital Transformation. 451 Research defines digital transformation as the result of IT innovation that is aligned with and driven by a well-planned business strategy, with the goal of transforming how organizations serve customers, employees and partners; support continuous improvement in business operations; disrupt existing businesses and markets; and devise new businesses and business models. User research delivers many benefits for … The intervention of the party-state has had significant impact on the digital transformation of China’s publishing industry. “As such, recent advances in digital technology and data integration are being harnessed to … Data science is a key discipline to enable this – propelled by experimentation with the goal of generating new business insights and business opportunities from existing and new data sources. In this sense, … As a result, there are fewer enterprises saying the cloud is 'too risky' for high-risk applications. Based on our research findings, we’ve identified seven key considerations for telcos to keep front of mind as they undertake their journey of digital transformation through 2020 and beyond. This study shows that: Digital transformation … Modern experiential expectations for employees and customers and the need for greater business operational efficiencies are placing new demands around how content is generated, used and managed. Charting New Paths to Digital Transformation in the ASEAN Region. One of the most fascinating things about digital transformation is that it moves instantly—and slowly—all at the same time. By: ShareBar. A recent survey of directors, CEOs, and senior executives found that digital transformation (DT) risk is their #1 concern in 2019. It's also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure. The Digital Service Standard guides teams to build services that are simpler, clearer and faster. Every company is becoming a software company - some just don't all realize it yet. Crisis shifts services digital transformation into high gear. Research partners receive privileged access to insights on collaborative research projects. The second think tank looked at the four ‘Ps’ of digital transformation – Product, People, Price and Place (i.e. DTI research supports collaboration between the public and private sectors focused on ensuring that digitalization unlocks new levels of prosperity for both industry and society. Digital Transformation. … Digital transformation: theoretical backgrounds of digital change The purpose of this paper is the review of the existing definitions of digital transformation (abbrev. Artificial Intelligence & Machine Learning. Driving Safety: Undertaking a Technology Transformation to Create Safer Roads. We have seen and heard many case studies of incumbents struggling in the digital age as new and nimble players emerge with innovative business models. Her research interests span across open and collaborative innovation, digital innovation and transformation across knowledge-intensive services and university-industry cooperation. Digital transformation at Axel Springer. Why should you do user research? In this article, we offer a closer look at how E&C companies can realize benefits like these. Digital Transformation in Insurance Dr. Fabian Sommerrock ... Research programmes Financial Stability and Regulation Extreme Events and Climate Risk Global Ageing Liability Regimes Research topics Protection Gap Cyber Source: GA Think Tank: Developing research papers with industry It's about finding new ways to deliver value, generate revenue, and improve efficiency – and companies are using innovative technologies to do it. The case traces the digital transformation journey of Axel Springer from a traditional print business to a digital powerhouse of classified advertisements. DT) and to establish a structured … Sustainable How should large established companies respond to these changes and how should they transform their businesses in this dynamic environment? Qidong Yun, in China's Publishing Industry, 2019. While many vendors are over a decade old, the revenue of some jumped 100-fold in just the last two years. Optimizing the transformation agenda for 2020 and beyond. The second annual IDG Digital Business study was conducted to gain a better understanding of where organizations are in their digital-first approach. Sponsored by: Protective Insurance Webinar They can improve efficiency, power new products and services, enable new business models, and blur the boundaries between industries… The global digital transformation market is expected to register a CAGR of 18.5%, during the period of 2020-2025. Please enter a valid email address. experience). © 2020 451 Research, LLC - A division of S&P Global Market Intelligence. Improved organizational agility is at the heart of successful digital transformation. The fact that digital technology disrupts existing businesses is no longer news. Founded in 1974 and grounded in the MIT tradition of rigorous field-based research, MIT CISR helps executives meet the challenge of leading dynamic, global, and information-intensive organizations. Digital transformation is a hot topic currently and we are running more and more training courses, projects and research alongside our related BSc degrees, Masters and PhD’s. Every business is a digital business-- an important lesson in 2020. The “Digital Transformation Market - Growth, Trends, Forecasts (2020 - 2025)” report has been added to ResearchAndMarkets.com’s offering. Robotic process automation (RPA) is the hottest market the IT industry has seen since the rise of smart phones, search engines, e-commerce and social media. experience). Perficient Blogs | Digital Transformation. Innovation and research: There are no precise predictions as to what impact digital transformation will have on natural resources, sustainable business practice or the future of work. The Association of Southeast Asia Nations (ASEAN) is home to approximately 650 million people, but it accounted for some 13% of Asia-Pacific hosting, cloud, and managed services revenue in 2017. Some believe it is a byword for real-time analytics, while others argue that it is an entirely new approach to analytics. political framework for digital transformation (recommendation 1). Description. Continuous intelligence has entered the business intelligence (BI) and analytics lexicon. The 36 organizations taking part this year account for annual revenue of US$421 billion The 10 Workforce Productivity and Collaboration Trends You Need to Know in 2020. Our Coverage Analyst insight is delivered across nine Research Channels aligned to the prevailing topics and technologies driving digital transformation. The latest news, videos, and discussion topics on digital transformation - Entrepreneur The findings show that establishing a digital … LNS Research provides research and advisory services to guide companies through Industrial Transformation. Launched in 2015, the initiative offers unique insights into the impact of digital technologies on business and wider society over the next decade. Businesses working on digital transformation initiatives likely had their plans derailed by the COVID-19 pandemic. It's also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure. Digital Transformation. But those that do are digitally transforming themselves to take advantage of cloud computing at scale, advanced analytics, massive amounts of data coming from every connected device, and the power of AI and machine learning to derive insights from that data and drive better decision-making. Shelly Kramer is a founding partner and principal analyst at Futurum Research. 451 Research defines digital transformation as the result of IT innovation that is aligned with and driven by a well-planned business strategy, with the goal of transforming … Perceptions Toward the Security Risk of Cloud are Shifting. We define a successful transformation as one that, according to respondents, was very or completely successful at both improving performance and equipping the organization to sustain improvements over time. 2020 Preview: A Dozen Tech Predictions for a New Digital Decade. Seventy-seven percent of service agents say their company … The rise of the data-driven organization means that enterprises essentially want to gain fresh value from the data they have amassed. About this Research Topic. The DBT Center offers organizations the possibility to become research partners and collaborate on research projects built around key digital transformation topics. For the actor-centric dimension we address three topics: we start at the leadership level by emphasizing the relevance of middle management in digital transformation, after that we refer to the … Our research of digital transformation is centered on the digital customer experience (DCX) and, therefore, reflects only one of many paths toward change. Digital Transformation, Research Topic | Sample Slides. Case study Strategy - Digital - Culture - Organizational Transformation By Professor Mikolaj Jan Piskorski and Ivy Buche 18 pages This case series allows students to examine the implementation of a customer-led strategy in an industry undergoing disruption - Part 1. This article outlines how organisations can take advantage of working with a University to take advantage of digital transformation research through practical projects. Although digital transformation is a widely discussed theme, the topic of digital transformation within SMEs in the B2B sector has not received yet the necessary attention from the … In recent years, digital transformation (DT) has emerged as an important phenomenon in strategic IS research (Bharadwaj et al., 2013, Piccinini et al., 2015a) as well as for practitioners (Fitzgerald et al., 2014, Westerman et al., 2011).At a high level, DT encompasses the profound changes taking place in society and industries through the use of digital technologies … Participate in this 2-minute, 8-question survey and receive a first look at the results, too. Security concerns around cloud center on fear of data loss and a lack of control generally, but perceptions toward the security of cloud are shifting, such that answers to how security managers are securing the cloud have become more sophisticated and more reliant on security monitoring. 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