SlideShare a Scribd company logo
1 of 18
Download to read offline
WHAT IS DIGITAL
TRANSFORMATION?
By Advantage Business systems
WHAT IS DIGITAL
TRANSFORMATION?
The most confusing part about Digital
Transformation is the word "Digital".
Digital Transformation actually has very
little to do with technology. It refers to a
fundamental shift in thinking, thought,
process and behaviour because of
technology.
WHY IS DIGITAL
TRANSFORMATION SO
IMPORTANT?
Digital Transformation is important because it
is fundamentally altering the very fabric of our
society. 
Often, Digital Transformation turns a business
on it's head and introduces an entirely new
concept or business to the market.
And many of these businesses have only been
around for little over a decade. And their
impact has been profound.
TWITTER
Established: 2006
UBER
Established: 2009 Established: 2008
AIRBNB
EXAMPLES OF DIGITAL DISRUPTORS
HOW STEVE
JOBS DISRUPTED
MUSIC
In 2003, tech giant Apple opened the
iTunes store. In week 1, it sold over
1,000,000 tracks. It changed the music
industry.
The idea was simple: "How can we solve
the problem of being able to listen to
whatever music you want, whenever you
want and fit it all into your pocket?" The
answer? iTunes and iPod.
The technology available to Apple was
merely the tool to reach their solution.
YOU NEED TO KEEP AN EYE ON
THESE TRENDS
Failure to observe trends in the market can have disastrous
consequences.
Perhaps one of the most famous cases of recent times is the Blockbuster
vs Netflix case.
In the space of a decade, Blockbuster went from being the market leader
in the video rental business, to being bankrupt. 
NETFLIX VS
BLOCKBUSTER
Blockbuster were usurped by Netflix as the
market leader in their field. 
Unlike Blockbuster; Netlflix adopted a subscription
approach to video rental. They also gambled on
cloud technology to deliver video content.
 
Because of the risk they took, Netflix successfully
disrupted the video rental market.
Fast Forward to 2017 - Blockbuster folded 7
years ago and Netflix have just reported record
profits. They're now the largest video content
provider in the world.
SO WHY IS DIGITAL
TRANSFORMATION
HAPPENING?
Before I answer this question, let's just take
a step back for second.  
This isn't the first time Digital
Transformation has happened in some
guise.
In fact, it's happened repeatedly throughout
human history.  
1876
Alexander Graham
Bell invents the
telephone
1905
2.2 million people
own a phone
Over 10 million people
own a phone, double
that of 5 years prior
1910
THE RAPID ADOPTION OF THE
TELEPHONE
1927
Philo Taylor
Farnsworth invents
the TV
1939
7,000 TV sets in the
US
67,145,000 TV sets
owned across the
length of the US
1959
THE RAPID(ER) ADOPTION OF
THE TV
THE (VERY) RAPID ADOPTION OF
FACEBOOK
2004
Mark Zuckerberg
invents Facebook
2010
500 million global
users
1.4 billion global users
2014
WHY ARE THESE
FIGURES IMPORTANT?
It demonstrates that as a species, we're
relentless innovators!
Speaking of innovation - It's happening
more frequently now. It took about 30
years for the phone to be adopted, 25 for
the TV and 6 years for Facebook to reach 1
in 5 of the worlds population.
Innovation and disruption are becoming the
norm.
WHAT CAN I DO?
The first thing you need to do is
acknowledge change is coming.
And it's about learning how things are
going to change, so you and your
business can be ready in time.
Explore new technologies, read about
them and educate yourself! Your next
opportunity to grant your business
competitive advantage might be
around the corner.
EXAMPLES OF NEW TECH:
DRIVERLESS CARS
EXAMPLES OF NEW
TECH: AI
WHATEVER YOU DO, DON'T BURY
YOUR HEAD IN THE SAND!
OTHERWISE...
YOUR BUSINESS MAY
BECOME A THING OF
THE PAST
Wanttofindoutmore?
e:support@advantage.co.uk
w:advantage.co.uk/blog
Give us a call
020 3797 1633

More Related Content

What's hot

Anywhereization in plain English
Anywhereization in plain EnglishAnywhereization in plain English
Anywhereization in plain EnglishAnywhereization
 
New Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 IntroductionNew Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 IntroductionÓlafur Andri Ragnarsson
 
Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010
Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010
Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010Socheath Yem
 
Unit II Technology and Inventions Inglés IAPB 2014
Unit II Technology and Inventions Inglés IAPB 2014Unit II Technology and Inventions Inglés IAPB 2014
Unit II Technology and Inventions Inglés IAPB 2014Diego ElCretino
 
WHY TECHNOLOGY CHANGE IS INCREASING FASTER
WHY TECHNOLOGY CHANGE IS INCREASING FASTERWHY TECHNOLOGY CHANGE IS INCREASING FASTER
WHY TECHNOLOGY CHANGE IS INCREASING FASTERAfriyieCharles
 
iMedia October Breakthrough Summit: New Frontiers A: “The Death of Touch”
iMedia October Breakthrough Summit:  New Frontiers A: “The Death of Touch”iMedia October Breakthrough Summit:  New Frontiers A: “The Death of Touch”
iMedia October Breakthrough Summit: New Frontiers A: “The Death of Touch”iMedia Connection
 

What's hot (20)

L02 Evolution of Technology
L02 Evolution of TechnologyL02 Evolution of Technology
L02 Evolution of Technology
 
L02 Evolution of Technology
L02 Evolution of TechnologyL02 Evolution of Technology
L02 Evolution of Technology
 
L11 The Broadcast Century
L11 The Broadcast CenturyL11 The Broadcast Century
L11 The Broadcast Century
 
L07 Becoming Invisible
L07 Becoming InvisibleL07 Becoming Invisible
L07 Becoming Invisible
 
L12 Digital Transformation
L12 Digital TransformationL12 Digital Transformation
L12 Digital Transformation
 
L10 The Innovator's Dilemma
L10 The Innovator's DilemmaL10 The Innovator's Dilemma
L10 The Innovator's Dilemma
 
L08 Becoming Invisible
L08 Becoming InvisibleL08 Becoming Invisible
L08 Becoming Invisible
 
Anywhereization in plain English
Anywhereization in plain EnglishAnywhereization in plain English
Anywhereization in plain English
 
L04 Adjacent Possible
L04 Adjacent PossibleL04 Adjacent Possible
L04 Adjacent Possible
 
L09 Disruptive Technology
L09 Disruptive TechnologyL09 Disruptive Technology
L09 Disruptive Technology
 
New Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 IntroductionNew Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 Introduction
 
L15 The Mobile Revolution
L15 The Mobile RevolutionL15 The Mobile Revolution
L15 The Mobile Revolution
 
Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010
Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010
Why apple-no-sony-by-jay-rajasekera-effective executive-feb-2010
 
Unit II Technology and Inventions Inglés IAPB 2014
Unit II Technology and Inventions Inglés IAPB 2014Unit II Technology and Inventions Inglés IAPB 2014
Unit II Technology and Inventions Inglés IAPB 2014
 
L03 Exponential World
L03 Exponential WorldL03 Exponential World
L03 Exponential World
 
Living in the Future
Living in the FutureLiving in the Future
Living in the Future
 
L06 Diffusion of Innovation
L06 Diffusion of InnovationL06 Diffusion of Innovation
L06 Diffusion of Innovation
 
L05 Technological Revolutions
L05 Technological RevolutionsL05 Technological Revolutions
L05 Technological Revolutions
 
WHY TECHNOLOGY CHANGE IS INCREASING FASTER
WHY TECHNOLOGY CHANGE IS INCREASING FASTERWHY TECHNOLOGY CHANGE IS INCREASING FASTER
WHY TECHNOLOGY CHANGE IS INCREASING FASTER
 
iMedia October Breakthrough Summit: New Frontiers A: “The Death of Touch”
iMedia October Breakthrough Summit:  New Frontiers A: “The Death of Touch”iMedia October Breakthrough Summit:  New Frontiers A: “The Death of Touch”
iMedia October Breakthrough Summit: New Frontiers A: “The Death of Touch”
 

Viewers also liked

Digital Transformation Scotland 2017
Digital Transformation Scotland 2017Digital Transformation Scotland 2017
Digital Transformation Scotland 2017Ray Bugg
 
Developing a Roadmap for Digital Transformation
Developing a Roadmap for Digital TransformationDeveloping a Roadmap for Digital Transformation
Developing a Roadmap for Digital TransformationJohn Sinke
 
Digital Transformation in Governments
Digital Transformation in GovernmentsDigital Transformation in Governments
Digital Transformation in GovernmentsScopernia
 
Digital transformation in 50 soundbites
Digital transformation in 50 soundbitesDigital transformation in 50 soundbites
Digital transformation in 50 soundbitesJulie Dodd
 
Internet Trends - Presentation done by Mary Meeker
Internet Trends - Presentation done by Mary MeekerInternet Trends - Presentation done by Mary Meeker
Internet Trends - Presentation done by Mary Meekerakanaran
 
ERP In Manufacturing 2012 - A Study done by Aberdeen
ERP In Manufacturing 2012 - A Study done by AberdeenERP In Manufacturing 2012 - A Study done by Aberdeen
ERP In Manufacturing 2012 - A Study done by Aberdeenakanaran
 
Capgemini presentation: gamification and the digital advantage
Capgemini presentation: gamification and the digital advantageCapgemini presentation: gamification and the digital advantage
Capgemini presentation: gamification and the digital advantageBen Gilchriest
 
Australian Retail and the Digital Advantage
Australian Retail and the Digital AdvantageAustralian Retail and the Digital Advantage
Australian Retail and the Digital AdvantageBen Gilchriest
 
AFN Enterprises - ERP Implementation Case Study - Pakistan
AFN Enterprises - ERP Implementation Case Study - PakistanAFN Enterprises - ERP Implementation Case Study - Pakistan
AFN Enterprises - ERP Implementation Case Study - PakistanEfroTech
 
Overcoming 5 Barriers to Digital Transformation
Overcoming 5 Barriers to Digital TransformationOvercoming 5 Barriers to Digital Transformation
Overcoming 5 Barriers to Digital TransformationPerficient, Inc.
 
The Digital Transformation of a traditional company
The Digital Transformation of a traditional companyThe Digital Transformation of a traditional company
The Digital Transformation of a traditional companyLuisella Giani
 
Adopting the Digital First approach
Adopting the Digital First approachAdopting the Digital First approach
Adopting the Digital First approachLuisella Giani
 
2013 03-05 competitive advantage of digital transformation
2013 03-05 competitive advantage of digital transformation2013 03-05 competitive advantage of digital transformation
2013 03-05 competitive advantage of digital transformationMartin Hack
 
Epicor the future of erp final - kuwait
Epicor  the future of erp final - kuwaitEpicor  the future of erp final - kuwait
Epicor the future of erp final - kuwaitakanaran
 
The digital strategy innovation summit
The digital strategy innovation summitThe digital strategy innovation summit
The digital strategy innovation summitCapgemini
 
Material requirements planning & erp ppt @ bec doms
Material requirements planning & erp  ppt @ bec domsMaterial requirements planning & erp  ppt @ bec doms
Material requirements planning & erp ppt @ bec domsBabasab Patil
 
Digital Transformation - Beyond the Hype #DF13
Digital Transformation - Beyond the Hype #DF13Digital Transformation - Beyond the Hype #DF13
Digital Transformation - Beyond the Hype #DF13Capgemini
 
3 Essential Steps to Deliver Information Governance Success Through Strategy ...
3 Essential Steps to Deliver Information Governance Success Through Strategy ...3 Essential Steps to Deliver Information Governance Success Through Strategy ...
3 Essential Steps to Deliver Information Governance Success Through Strategy ...DATUM LLC
 
5 Steps to Prepare for Digital Transformation & Real-Time Analytics
5 Steps to Prepare for Digital Transformation & Real-Time Analytics 5 Steps to Prepare for Digital Transformation & Real-Time Analytics
5 Steps to Prepare for Digital Transformation & Real-Time Analytics DATUM LLC
 
ERP Case Study On Sony Corporation
ERP Case Study On Sony CorporationERP Case Study On Sony Corporation
ERP Case Study On Sony CorporationParimal Patel
 

Viewers also liked (20)

Digital Transformation Scotland 2017
Digital Transformation Scotland 2017Digital Transformation Scotland 2017
Digital Transformation Scotland 2017
 
Developing a Roadmap for Digital Transformation
Developing a Roadmap for Digital TransformationDeveloping a Roadmap for Digital Transformation
Developing a Roadmap for Digital Transformation
 
Digital Transformation in Governments
Digital Transformation in GovernmentsDigital Transformation in Governments
Digital Transformation in Governments
 
Digital transformation in 50 soundbites
Digital transformation in 50 soundbitesDigital transformation in 50 soundbites
Digital transformation in 50 soundbites
 
Internet Trends - Presentation done by Mary Meeker
Internet Trends - Presentation done by Mary MeekerInternet Trends - Presentation done by Mary Meeker
Internet Trends - Presentation done by Mary Meeker
 
ERP In Manufacturing 2012 - A Study done by Aberdeen
ERP In Manufacturing 2012 - A Study done by AberdeenERP In Manufacturing 2012 - A Study done by Aberdeen
ERP In Manufacturing 2012 - A Study done by Aberdeen
 
Capgemini presentation: gamification and the digital advantage
Capgemini presentation: gamification and the digital advantageCapgemini presentation: gamification and the digital advantage
Capgemini presentation: gamification and the digital advantage
 
Australian Retail and the Digital Advantage
Australian Retail and the Digital AdvantageAustralian Retail and the Digital Advantage
Australian Retail and the Digital Advantage
 
AFN Enterprises - ERP Implementation Case Study - Pakistan
AFN Enterprises - ERP Implementation Case Study - PakistanAFN Enterprises - ERP Implementation Case Study - Pakistan
AFN Enterprises - ERP Implementation Case Study - Pakistan
 
Overcoming 5 Barriers to Digital Transformation
Overcoming 5 Barriers to Digital TransformationOvercoming 5 Barriers to Digital Transformation
Overcoming 5 Barriers to Digital Transformation
 
The Digital Transformation of a traditional company
The Digital Transformation of a traditional companyThe Digital Transformation of a traditional company
The Digital Transformation of a traditional company
 
Adopting the Digital First approach
Adopting the Digital First approachAdopting the Digital First approach
Adopting the Digital First approach
 
2013 03-05 competitive advantage of digital transformation
2013 03-05 competitive advantage of digital transformation2013 03-05 competitive advantage of digital transformation
2013 03-05 competitive advantage of digital transformation
 
Epicor the future of erp final - kuwait
Epicor  the future of erp final - kuwaitEpicor  the future of erp final - kuwait
Epicor the future of erp final - kuwait
 
The digital strategy innovation summit
The digital strategy innovation summitThe digital strategy innovation summit
The digital strategy innovation summit
 
Material requirements planning & erp ppt @ bec doms
Material requirements planning & erp  ppt @ bec domsMaterial requirements planning & erp  ppt @ bec doms
Material requirements planning & erp ppt @ bec doms
 
Digital Transformation - Beyond the Hype #DF13
Digital Transformation - Beyond the Hype #DF13Digital Transformation - Beyond the Hype #DF13
Digital Transformation - Beyond the Hype #DF13
 
3 Essential Steps to Deliver Information Governance Success Through Strategy ...
3 Essential Steps to Deliver Information Governance Success Through Strategy ...3 Essential Steps to Deliver Information Governance Success Through Strategy ...
3 Essential Steps to Deliver Information Governance Success Through Strategy ...
 
5 Steps to Prepare for Digital Transformation & Real-Time Analytics
5 Steps to Prepare for Digital Transformation & Real-Time Analytics 5 Steps to Prepare for Digital Transformation & Real-Time Analytics
5 Steps to Prepare for Digital Transformation & Real-Time Analytics
 
ERP Case Study On Sony Corporation
ERP Case Study On Sony CorporationERP Case Study On Sony Corporation
ERP Case Study On Sony Corporation
 

Similar to What is Digital Transformation?

GoNorth Festival June 2014 - Keynote presentation "The future of digital"
GoNorth Festival June 2014 - Keynote presentation "The future of digital"GoNorth Festival June 2014 - Keynote presentation "The future of digital"
GoNorth Festival June 2014 - Keynote presentation "The future of digital"Music Publishing.Works
 
Unethical Sweatshops
Unethical SweatshopsUnethical Sweatshops
Unethical SweatshopsJulie May
 
Premarital Sex Among The Teens Of Today
Premarital Sex Among The Teens Of TodayPremarital Sex Among The Teens Of Today
Premarital Sex Among The Teens Of TodayKara Bell
 
Dynamics Of It Industry
Dynamics Of It IndustryDynamics Of It Industry
Dynamics Of It IndustryRitesh Gvalani
 
The Big ideas that are driving bandwidth
The Big ideas that are driving bandwidthThe Big ideas that are driving bandwidth
The Big ideas that are driving bandwidthTelia Carrier
 
How Technology Has Changed The World Essay
How Technology Has Changed The World EssayHow Technology Has Changed The World Essay
How Technology Has Changed The World EssayStacey Wilson
 
Chapter 15Keegan, W. J., & Green, M. C. (2020). Global marketing
Chapter 15Keegan, W. J., & Green, M. C. (2020). Global marketingChapter 15Keegan, W. J., & Green, M. C. (2020). Global marketing
Chapter 15Keegan, W. J., & Green, M. C. (2020). Global marketingEstelaJeffery653
 
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01Noelia Saguillo Lapaz
 
How The Love of Music has changed our Business World
How The Love of Music has changed our Business WorldHow The Love of Music has changed our Business World
How The Love of Music has changed our Business WorldThorsten Faltings
 
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01Mäfë Päntöjä
 
Creative digital future
Creative digital futureCreative digital future
Creative digital futureJyrki Kasvi
 
Online music economy presentation
Online music economy presentationOnline music economy presentation
Online music economy presentationTara-sapphire Broe
 
SogetiLabs Webinar: The Experience of Things
SogetiLabs Webinar: The Experience of Things SogetiLabs Webinar: The Experience of Things
SogetiLabs Webinar: The Experience of Things SogetiLabs
 

Similar to What is Digital Transformation? (20)

Ahjjj
AhjjjAhjjj
Ahjjj
 
Advantages Of Ipod
Advantages Of IpodAdvantages Of Ipod
Advantages Of Ipod
 
GoNorth Festival June 2014 - Keynote presentation "The future of digital"
GoNorth Festival June 2014 - Keynote presentation "The future of digital"GoNorth Festival June 2014 - Keynote presentation "The future of digital"
GoNorth Festival June 2014 - Keynote presentation "The future of digital"
 
Unethical Sweatshops
Unethical SweatshopsUnethical Sweatshops
Unethical Sweatshops
 
Premarital Sex Among The Teens Of Today
Premarital Sex Among The Teens Of TodayPremarital Sex Among The Teens Of Today
Premarital Sex Among The Teens Of Today
 
Dynamics Of It Industry
Dynamics Of It IndustryDynamics Of It Industry
Dynamics Of It Industry
 
Boy Scouts Journey
Boy Scouts JourneyBoy Scouts Journey
Boy Scouts Journey
 
The Big ideas that are driving bandwidth
The Big ideas that are driving bandwidthThe Big ideas that are driving bandwidth
The Big ideas that are driving bandwidth
 
How Technology Has Changed The World Essay
How Technology Has Changed The World EssayHow Technology Has Changed The World Essay
How Technology Has Changed The World Essay
 
Chapter 15Keegan, W. J., & Green, M. C. (2020). Global marketing
Chapter 15Keegan, W. J., & Green, M. C. (2020). Global marketingChapter 15Keegan, W. J., & Green, M. C. (2020). Global marketing
Chapter 15Keegan, W. J., & Green, M. C. (2020). Global marketing
 
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
 
How The Love of Music has changed our Business World
How The Love of Music has changed our Business WorldHow The Love of Music has changed our Business World
How The Love of Music has changed our Business World
 
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
How the-love-of-music-has-changed-our-business-world-110425064532-phpapp01
 
AD 216: Lecture 4
AD 216: Lecture 4AD 216: Lecture 4
AD 216: Lecture 4
 
Creative digital future
Creative digital futureCreative digital future
Creative digital future
 
Online music economy presentation
Online music economy presentationOnline music economy presentation
Online music economy presentation
 
The Future Is not What It Used to Be
The Future Is not What It Used to BeThe Future Is not What It Used to Be
The Future Is not What It Used to Be
 
musica
musicamusica
musica
 
Apple iPod Final
Apple iPod FinalApple iPod Final
Apple iPod Final
 
SogetiLabs Webinar: The Experience of Things
SogetiLabs Webinar: The Experience of Things SogetiLabs Webinar: The Experience of Things
SogetiLabs Webinar: The Experience of Things
 

Recently uploaded

IEEE Computer Society 2024 Technology Predictions Update
IEEE Computer Society 2024 Technology Predictions UpdateIEEE Computer Society 2024 Technology Predictions Update
IEEE Computer Society 2024 Technology Predictions UpdateHironori Washizaki
 
Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...
Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...
Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...Precisely
 
Dev Dives: Master advanced authentication and performance in Productivity Act...
Dev Dives: Master advanced authentication and performance in Productivity Act...Dev Dives: Master advanced authentication and performance in Productivity Act...
Dev Dives: Master advanced authentication and performance in Productivity Act...UiPathCommunity
 
Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesDavid Newbury
 
ict grade 12 lesson 2 sinhala medium notes pdf
ict grade 12 lesson 2 sinhala medium notes pdfict grade 12 lesson 2 sinhala medium notes pdf
ict grade 12 lesson 2 sinhala medium notes pdfruhisiya9
 
Designing A Time bound resource download URL
Designing A Time bound resource download URLDesigning A Time bound resource download URL
Designing A Time bound resource download URLRuncy Oommen
 
Introduction to Quantum Computing
Introduction to Quantum ComputingIntroduction to Quantum Computing
Introduction to Quantum ComputingGDSC PJATK
 
Babel Compiler - Transforming JavaScript for All Browsers.pptx
Babel Compiler - Transforming JavaScript for All Browsers.pptxBabel Compiler - Transforming JavaScript for All Browsers.pptx
Babel Compiler - Transforming JavaScript for All Browsers.pptxYounusS2
 
DS Lesson 2 - Subsets, Supersets and Power Set.pdf
DS Lesson 2 - Subsets, Supersets and Power Set.pdfDS Lesson 2 - Subsets, Supersets and Power Set.pdf
DS Lesson 2 - Subsets, Supersets and Power Set.pdfROWELL MARQUINA
 
Dragino Technology LoRaWANデバイス、ゲートウェイ ユースケース
Dragino Technology   LoRaWANデバイス、ゲートウェイ ユースケースDragino Technology   LoRaWANデバイス、ゲートウェイ ユースケース
Dragino Technology LoRaWANデバイス、ゲートウェイ ユースケースCRI Japan, Inc.
 
RTL Design Methodologies_Object Automation Inc
RTL Design Methodologies_Object Automation IncRTL Design Methodologies_Object Automation Inc
RTL Design Methodologies_Object Automation IncObject Automation
 
Elevate Your Business with TECUNIQUE's Tailored Solutions
Elevate Your Business with TECUNIQUE's Tailored SolutionsElevate Your Business with TECUNIQUE's Tailored Solutions
Elevate Your Business with TECUNIQUE's Tailored SolutionsJaydeep Chhasatia
 
Does AI(Artificial intelligence) need a Working Memory??
Does AI(Artificial intelligence) need a Working Memory??Does AI(Artificial intelligence) need a Working Memory??
Does AI(Artificial intelligence) need a Working Memory??N.K KooZN
 
GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...
GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...
GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...James Anderson
 
Tracking license compliance made easy - intro to Grant (OSS)
Tracking license compliance made easy - intro to Grant (OSS)Tracking license compliance made easy - intro to Grant (OSS)
Tracking license compliance made easy - intro to Grant (OSS)Anchore
 
Chat with your data, privately and locally
Chat with your data, privately and locallyChat with your data, privately and locally
Chat with your data, privately and locallyZilliz
 
Reference Domain Ontologies and Large Medical Language Models.pptx
Reference Domain Ontologies and Large Medical Language Models.pptxReference Domain Ontologies and Large Medical Language Models.pptx
Reference Domain Ontologies and Large Medical Language Models.pptxChimezie Ogbuji
 
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyesHow to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyesThousandEyes
 
PicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer ServicePicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer ServiceRenan Moreira de Oliveira
 
CHIPS Alliance_Object Automation Inc_workshop
CHIPS Alliance_Object Automation Inc_workshopCHIPS Alliance_Object Automation Inc_workshop
CHIPS Alliance_Object Automation Inc_workshopObject Automation
 

Recently uploaded (20)

IEEE Computer Society 2024 Technology Predictions Update
IEEE Computer Society 2024 Technology Predictions UpdateIEEE Computer Society 2024 Technology Predictions Update
IEEE Computer Society 2024 Technology Predictions Update
 
Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...
Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...
Leveraging Mainframe Data in Near Real Time to Unleash Innovation With Cloud:...
 
Dev Dives: Master advanced authentication and performance in Productivity Act...
Dev Dives: Master advanced authentication and performance in Productivity Act...Dev Dives: Master advanced authentication and performance in Productivity Act...
Dev Dives: Master advanced authentication and performance in Productivity Act...
 
Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond Ontologies
 
ict grade 12 lesson 2 sinhala medium notes pdf
ict grade 12 lesson 2 sinhala medium notes pdfict grade 12 lesson 2 sinhala medium notes pdf
ict grade 12 lesson 2 sinhala medium notes pdf
 
Designing A Time bound resource download URL
Designing A Time bound resource download URLDesigning A Time bound resource download URL
Designing A Time bound resource download URL
 
Introduction to Quantum Computing
Introduction to Quantum ComputingIntroduction to Quantum Computing
Introduction to Quantum Computing
 
Babel Compiler - Transforming JavaScript for All Browsers.pptx
Babel Compiler - Transforming JavaScript for All Browsers.pptxBabel Compiler - Transforming JavaScript for All Browsers.pptx
Babel Compiler - Transforming JavaScript for All Browsers.pptx
 
DS Lesson 2 - Subsets, Supersets and Power Set.pdf
DS Lesson 2 - Subsets, Supersets and Power Set.pdfDS Lesson 2 - Subsets, Supersets and Power Set.pdf
DS Lesson 2 - Subsets, Supersets and Power Set.pdf
 
Dragino Technology LoRaWANデバイス、ゲートウェイ ユースケース
Dragino Technology   LoRaWANデバイス、ゲートウェイ ユースケースDragino Technology   LoRaWANデバイス、ゲートウェイ ユースケース
Dragino Technology LoRaWANデバイス、ゲートウェイ ユースケース
 
RTL Design Methodologies_Object Automation Inc
RTL Design Methodologies_Object Automation IncRTL Design Methodologies_Object Automation Inc
RTL Design Methodologies_Object Automation Inc
 
Elevate Your Business with TECUNIQUE's Tailored Solutions
Elevate Your Business with TECUNIQUE's Tailored SolutionsElevate Your Business with TECUNIQUE's Tailored Solutions
Elevate Your Business with TECUNIQUE's Tailored Solutions
 
Does AI(Artificial intelligence) need a Working Memory??
Does AI(Artificial intelligence) need a Working Memory??Does AI(Artificial intelligence) need a Working Memory??
Does AI(Artificial intelligence) need a Working Memory??
 
GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...
GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...
GDG Cloud Southlake 31: Santosh Chennuri and Festus Yeboah: Empowering Develo...
 
Tracking license compliance made easy - intro to Grant (OSS)
Tracking license compliance made easy - intro to Grant (OSS)Tracking license compliance made easy - intro to Grant (OSS)
Tracking license compliance made easy - intro to Grant (OSS)
 
Chat with your data, privately and locally
Chat with your data, privately and locallyChat with your data, privately and locally
Chat with your data, privately and locally
 
Reference Domain Ontologies and Large Medical Language Models.pptx
Reference Domain Ontologies and Large Medical Language Models.pptxReference Domain Ontologies and Large Medical Language Models.pptx
Reference Domain Ontologies and Large Medical Language Models.pptx
 
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyesHow to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
 
PicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer ServicePicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer Service
 
CHIPS Alliance_Object Automation Inc_workshop
CHIPS Alliance_Object Automation Inc_workshopCHIPS Alliance_Object Automation Inc_workshop
CHIPS Alliance_Object Automation Inc_workshop
 

What is Digital Transformation?

  • 1. WHAT IS DIGITAL TRANSFORMATION? By Advantage Business systems
  • 2. WHAT IS DIGITAL TRANSFORMATION? The most confusing part about Digital Transformation is the word "Digital". Digital Transformation actually has very little to do with technology. It refers to a fundamental shift in thinking, thought, process and behaviour because of technology.
  • 3. WHY IS DIGITAL TRANSFORMATION SO IMPORTANT? Digital Transformation is important because it is fundamentally altering the very fabric of our society.  Often, Digital Transformation turns a business on it's head and introduces an entirely new concept or business to the market. And many of these businesses have only been around for little over a decade. And their impact has been profound.
  • 4. TWITTER Established: 2006 UBER Established: 2009 Established: 2008 AIRBNB EXAMPLES OF DIGITAL DISRUPTORS
  • 5. HOW STEVE JOBS DISRUPTED MUSIC In 2003, tech giant Apple opened the iTunes store. In week 1, it sold over 1,000,000 tracks. It changed the music industry. The idea was simple: "How can we solve the problem of being able to listen to whatever music you want, whenever you want and fit it all into your pocket?" The answer? iTunes and iPod. The technology available to Apple was merely the tool to reach their solution.
  • 6. YOU NEED TO KEEP AN EYE ON THESE TRENDS Failure to observe trends in the market can have disastrous consequences. Perhaps one of the most famous cases of recent times is the Blockbuster vs Netflix case. In the space of a decade, Blockbuster went from being the market leader in the video rental business, to being bankrupt. 
  • 7. NETFLIX VS BLOCKBUSTER Blockbuster were usurped by Netflix as the market leader in their field.  Unlike Blockbuster; Netlflix adopted a subscription approach to video rental. They also gambled on cloud technology to deliver video content.   Because of the risk they took, Netflix successfully disrupted the video rental market. Fast Forward to 2017 - Blockbuster folded 7 years ago and Netflix have just reported record profits. They're now the largest video content provider in the world.
  • 8. SO WHY IS DIGITAL TRANSFORMATION HAPPENING? Before I answer this question, let's just take a step back for second.   This isn't the first time Digital Transformation has happened in some guise. In fact, it's happened repeatedly throughout human history.  
  • 9. 1876 Alexander Graham Bell invents the telephone 1905 2.2 million people own a phone Over 10 million people own a phone, double that of 5 years prior 1910 THE RAPID ADOPTION OF THE TELEPHONE
  • 10. 1927 Philo Taylor Farnsworth invents the TV 1939 7,000 TV sets in the US 67,145,000 TV sets owned across the length of the US 1959 THE RAPID(ER) ADOPTION OF THE TV
  • 11. THE (VERY) RAPID ADOPTION OF FACEBOOK 2004 Mark Zuckerberg invents Facebook 2010 500 million global users 1.4 billion global users 2014
  • 12. WHY ARE THESE FIGURES IMPORTANT? It demonstrates that as a species, we're relentless innovators! Speaking of innovation - It's happening more frequently now. It took about 30 years for the phone to be adopted, 25 for the TV and 6 years for Facebook to reach 1 in 5 of the worlds population. Innovation and disruption are becoming the norm.
  • 13. WHAT CAN I DO? The first thing you need to do is acknowledge change is coming. And it's about learning how things are going to change, so you and your business can be ready in time. Explore new technologies, read about them and educate yourself! Your next opportunity to grant your business competitive advantage might be around the corner.
  • 14. EXAMPLES OF NEW TECH: DRIVERLESS CARS
  • 16. WHATEVER YOU DO, DON'T BURY YOUR HEAD IN THE SAND! OTHERWISE...
  • 17. YOUR BUSINESS MAY BECOME A THING OF THE PAST