More than three quarters of large companies today have a “data-hungry” AI initiative under way — projects involving neural networks or deep-learning systems trained on huge repositories of data. Yet, many of the most valuable data sets in organizations are quite small: Think kilobytes or megabytes rather than exabytes. Because this data lacks the volume and velocity of big data, it’s often overlooked, languishing in PCs and functional databases and unconnected to enterprise-wide IT innovation initiatives. Read More
business Archives - Opus Solution
There has been an image floating around LinkedIn and Twitter asking people what inspired their digital transformation. Was it 1. CEO 2. CTO or 3. Covid-19? Already, 70% of companies had a digital transformation in place or were working on one. Read More
Minister of Information and Communications Nguyen Manh Hung has urged digital companies to innovate and develop platforms for online services as the novel coronavirus (COVID-19) pandemic has sparked a pressing need for Vietnam to hasten digital transformation. Read More
If “necessity is the mother of invention,” coronavirus (COVID-19) forced many around the world to rethink our daily lives from work to school to entertainment. In response to travel bans, school closures, and recommendations to not gather in large groups and keep our distance from fellow humans to limit the spread of the virus, many people turned to digital tools to keep some semblance of normality. It’s been imperative to digitally transform our places of work and education to be able to operate effectively. Those companies able to use technology well to keep going and rethink their business model for the future by fast-tracking digital transformation will be ones ahead of their competition. Read More
The trend of digitalization of the workplace is challenging businesses across the country to adapt quickly to meet the needs of their talent and customers. While a simple solution is to update current business technology to the latest and greatest, business leaders quickly find that it is not a sustainable practice in the long run. Read More
It’s hard to avoid the phrase “digital transformation” in technology articles these days. The thing is we’ve been in the digital age for at least 40 years. Companies have been transforming with the use of digital technology for a long time now. For example, in 1986 the New York Times covered “Digital’s Surprising Revival” which looked into the business transformation of Digital Equipment Corporation.
Why is digital transformation so important right now for companies? What’s different? Read More
The California bullet train between San Diego and San Francisco. Lockheed Martin’s Joint Strike Fighter program. Berlin’s Brandenburg Airport. Apple’s AirPower wireless charging pad. These are just a few examples of projects that suffered severe schedule delays and cost overruns, or that were unable to deliver on their promised scope. Read More
Shortcomings in organizational culture are one of the main impediments to company success in the digital age, according to a recent McKinsey survey of global executives. The survey highlighted three digital-culture deficiencies: functional and departmental silos, a fear of taking risks, and difficulty forming and acting on a single view of the customer. Read More
When it comes to digital transformation, humans—believe it or not—play an integral role. In fact, companies that make strong use of the combined human/machine workforce have a far greater chance of success in digital transformation. Accenture calls these combined people/bot workspaces “future systems”—systems that seamlessly integrate humans and robots to create business goals that are limitless, agile, and “radically human.” I consider the companies that harness the power of humans and machines will be the ultimate winners of the future of work.