We are in the middle of a Perfect Digital Storm resulting in the 4th Industrial revolution where several technological innovations are coming to the forefront at once, bringing
- Increased interoperability
- Information transparency
- Technical assistance and
- Decentralized decisions
Let us look at the enablers of this Digital transformation and they are: Cloud Computing, Big Data, AI/ML/Deep Learning/AR/VR, IoT, 5G and Blockchain as shown in the picture below:
This Digital Transformation is causing End-to-end overhaul of business processes, consumer touchpoints and company organization that is customer- centric, agile and able to look beyond the status quo to leverage opportunities and solve pain points.
We will explore each of these enablers of this digital transformation and opportunities in our subsequent Blogs.