Digital transformation and disruption have been ma
This essay Digital transformation and disruption have been ma has a total of 294 words and 2 pages.
Digital transformation and disruption have been making waves lately across all industries. To stay relevant, companies, departments, and individuals need to know exactly where business technology is headed, and be sure to stay on top of each shifting digital trend.
What Experts Predict
Every year large research firms such as Gartner, Forrester, and IDC use predictive analysis to gain an understanding of what the future of technology may look like. This year, most companies are far behind the curve. Forrester research indicates that only 27 percent of operating companies currently have a working digital strategy, but researchers at Gartner and IDC are expecting large growth in initiatives and digital revenue over the next 4 years. Some of the specific predictions that trends and analysis suggest include:
Clarifying and unifying the digital vision - Companies will start to look at the digital big picture, focus on integration, break down departmental silos, and 60 percent of businesses will appoint a new executive to oversee the company's digital vision and drive initiatives
The rise of digital revenue streams will change business models - Until recently, IT departments did not serve direct revenue generating functions. With the creation of more digital revenue, initiatives, and challenges, IT departments will play a much larger role within companies of all sizes.
Many jobs will evolve - IT professionals will need to expand their reach to new software and devices. As the fields of robotics, AI (artificial intelligence), and IoT (Internet of Things) evolve, many workers will need to develop new skill-sets to manage these technologies.
Big data will be more important than ever - For recognizing shortcomings, new opportunities, and streamlining processes, big data will become a staple of business strategy.
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