Welcome!

Java IoT Authors: Zakia Bouachraoui, Elizabeth White, Liz McMillan, Pat Romanski, Yeshim Deniz

Related Topics: @CloudExpo, Java IoT, @ThingsExpo

@CloudExpo: Blog Feed Post

Building the Playbook for Digital Transformation in 2016 By @DHDeans | @CloudExpo #Cloud

Business technology investment related to DX projects will constitute the majority of growth in IT-related markets

Does your CEO have a bold goal for 2016? Does the goal include the word ‘digital’ or ‘transformation’ in the description? Well, if so, they’re not alone in their quest for a superior IT-­enabled competitive advantage that positions their organization for the future.

Business technology investment related to digital transformation (DX) projects will constitute the majority of growth in IT­-related markets over the next five years, according to the latest IDC assessment.

IDC recently shared their analyst predictions for 2016, highlighting key information and communication technology (ICT) issues that will impact the organizations that have set a goal to digitally transform themselves over the next one to three years.

As part of a related IDC customer webinar series, senior IT leaders and Line­-of-­Business (LoB) executives were provided guidance for managing their digital transformation investment priorities and implementation strategies.

The Ten Predictions for Digital Transformation are:

  1. By the end of 2017, two ­thirds of the CEOs of the G2000 will have digital transformation at the center of their corporate strategy.
  2. By 2017, 60 percent of companies with a DX strategy will deem it too critical for any one functional area and create an independent corporate executive position to oversee the implementation.
  3. By 2018, 80 percent of B2C companies will have created immersive, authentic omni-experiences for customers, partners, and employees; 60 percent of B2B­-centric companies will have done the same.
  4. The top new investment areas through 2017 will be contextual understanding and automated next best action capabilities.
  5. In 2016, 65 percent of large enterprises will have committed to become information-­based companies, shifting the organizational focus to relationships, people, and intangible capital.
  6. By 2018, 75 percent of the G2000 will have deployed full, information-­based, and economic models or "digital twins" of their products/services, supply network, sales channels, and operations.
  7. By 2020, 60 percent of the G2000 will have doubled their productivity by digitally transforming many processes from human-­based to software-­based delivery.
  8. In 2016, the level of connectivity related to products, assets, and processes will increase 50 percent for all industry value chains.
  9. The sharing economy will give rise to the networked free agent and skill­-based marketplaces, resulting in more than 10 percent of work being sourced in this fashion within mature economies by 2019.
  10. By 2018, at least 20 percent of all workers will use automated assistance technologies to make decisions and get work done.

"Digital transformation is not just a technology trend, it is at the center of business strategies across all industry segments and markets. Enabled by the 3rd Platform technologies of social, mobile, analytics, and cloud, digital transformation represents an opportunity for companies to redefine their customers' experience and achieve new levels of enterprise productivity, said Bob Parker, research vice president at IDC.

If you think that IDC is merely profiling those smaller, nimble organizations that are out on the fringes of global commerce, then you would be mistaken. Consider the introduction of GE Digital​, a transformative move that brings together all of the digital capabilities from across the company into one organization. Now, this goal is bold.

“As GE transforms itself to become the world’s premier digital industrial company, this will provide GE’s customers with the best industrial solutions and the software needed to solve real world problems. It will make GE a digital show site and grow our software and analytics enterprise from $6 billion in 2015 to a top 10 software company by 2020,” said Jeffrey Immelt, Chairman and CEO of GE.

Read the original blog entry...

More Stories By David H Deans

David H. Deans is the Managing Director at the GeoActive Group. He has more than 25 years of experience in the Technology, Media and Telecom sectors.

IoT & Smart Cities Stories
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...