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Digital transformation - A New Definiton

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Digital transformation is a new wave of change that's ruling the CIO, CMO office today. This is my attempt to come up with a definition that makes digital transformation easier to understand. Also, create a tangible action plan for companies seeking to enact and enable transformation.

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Digital transformation - A New Definiton

  1. 1. DIGITAL TRANSFORMATION
  2. 2. Digital transformation is the change associated with the application of digital technology in all aspects of human society. ... The transformation stage means that digital usages inherently enable new types of innovation and creativity in a particular domain, rather than simply enhance and support the traditional methods. - Wikipedia
  3. 3. 125,000 large organizations are launching digital business initiatives now and that CEOs expect their digital revenue to increase by more than 80% by 2020 - Gartner The percentage of enterprises creating advanced digital transformation initiatives will more than double by 2020, from today’s 22% to almost 50% - IDC
  4. 4. THE WAVE IS UPON US! It’s time to make a choice - Sink, Swim or Surf
  5. 5. TECH TRENDS CLOUD COMPUTING BIG DATA ENTERPRISE MOBILITY AI & MACHINE LEARNING IOT AR & VR
  6. 6. DID YOU NOTICE? ALL TRENDS INTERCONNECT.
  7. 7. TECH TRENDS CLOUD COMPUTING BIG DATA ENTERPRISE MOBILITY AI & MACHINE LEARNING IOT AR & VR
  8. 8. SUB TRENDS Cloud Computing ❏ Cloud migration ❏ Optimization ❏ IAAS & Managed Services Big Data ❏ Analytics & Data visualization ❏ Predictive analytics ❏ Business insights Enterprise Mobility ❏ Security ❏ BYOD ❏ Personal Assistants AI & Machine Learning ❏ Robotics Automation ❏ Neural Network ❏ Customer Service ❏ Learning systems ❏ Self governance ❏ Decision mgmt ❏ Personal Assistants IOT ❏ Connected Home ❏ Home Automation ❏ Industrial Automation ❏ Wearables ❏ Agriculture ❏ Manufacturing AR & VR Experiences ❏ Entertainment ❏ Shopping ❏ Gaming ❏ Industrial ❏ Medical
  9. 9. WHY TRENDS? ∎ Informs prevalent business models, business practices, revenue models ∎ Customer preferences, buying behavior ∎ Go To Market Models So let’s now look at prevailing trends in Enterprise Software...
  10. 10. Enterprise / Trend Cloud Computing Big Data Enterprise Mobility AI & Ml IOT AR & VR
  11. 11. Virtually EVERY ENTERPRISE PRODUCT MATCHES A TREND, IRRESPECTIVE OF VERTICALS.
  12. 12. NOW TO THE DEFINITION
  13. 13. Digital Transformation aims to create an agile organization that leverages technology trends to meet corporate goals of, customer growth, satisfaction and retention, thereby increased revenues and profitability through realignment or reorganization of system capabilities
  14. 14. What Does it Entail? Review & CalibrateStrategy & Ideation Technology & Toolsets Planning Measure & RepeatExecution
  15. 15. The aim of this presentation was to create a reasonable definition of Digital Transformation. I hope this adds value - give me a shout if you like this.

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