From the course: Digital Transformation for Leaders in the AI Era
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Digital transformation business objectives
From the course: Digital Transformation for Leaders in the AI Era
Digital transformation business objectives
- A new important technology emerges every few years that drives innovation and business disruption. We built websites in the late 1990s, developed mobile and social applications in the 2000s, and migrated to cloud computing in the 2010s. We're all now experimenting with gen AI. Now ask yourself, is just adopting these technologies a digital transformation? The simple answer is no. Digital transformation is a proactive evolution of business models, products, services, and operations to excel with technology's opportunities. Let's consider some examples. When you visit the hospital, can they personalize your experience? Are you comfortable sharing data from your phone with your doctors? Let's say your teenager is applying for college. Has her favorite university evolved its curriculum to support remote learning while embracing gen AI tools? Or how about helping your friend who owns a growing manufacturing business? How might he transform to a services model by embedding IoT devices in…
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