Welcome!

@CloudExpo Authors: Liz McMillan, Elizabeth White, Yeshim Deniz, Pat Romanski, William Schmarzo

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.

CloudEXPO Stories
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
They say multi-cloud is coming, but organizations are leveraging multiple clouds already. According to a study by 451 Research, only 21% of organizations were using a single cloud. If you've found yourself unprepared for the barrage of cloud services introduced in your organization, you will need to change your approach to engaging with the business and engaging with vendors. Look at technologies that are on the way and work with the internal players involved to have a plan in place when the inevitable happens and the business begins to look at how these things can help affect your bottom line.
The revocation of Safe Harbor has radically affected data sovereignty strategy in the cloud. In his session at 17th Cloud Expo, Jeff Miller, Product Management at Cavirin Systems, discussed how to assess these changes across your own cloud strategy, and how you can mitigate risks previously covered under the agreement.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing at Cloudera, covered the ins and outs of Hadoop, and how it can help cloud-based businesses.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading these essential tips, please take a moment and watch this brief video from Sandy Carter.