Digital transformation is the method of just using digital technology to change current conventional and non-digital enterprise operations and practices, or to build new ones, to meet changing consumer and customer demands, drastically changing how companies are handled and run, as well as how value is provided to consumers.
Many new approaches and strategies, most prominently data science and artificial intelligence, will drive change in those areas, but let’s concentrate on the benefits and risks that will make 2021 the best time to begin digital transformation journey.
Gaining knowledge from this huge pool of data is a major priority for companies with a range of products, marketing platforms, and consumers.
Analytics platforms, Data Warehouses, and Visualization tools, from Cloudera to Snowflake to SAS, will remain relevant in 2021, but the rise of the consumer data framework will cause fires; but now that business activities have been becoming more dispersed, in part due to new work-from-home operating models, but also due to the continued growth of data collection through an e-commerce landscape, the growth of the customer information system will catch fire, and so now business operations have become rather more divided.
Artificial intelligence (AI) is an effective tool for customizing consumer interactions, minimizing administrative bias, and automating functions.
While the pandemic temporarily halted work on new 5G network implementations earlier this year, these projects have since continued, and major markets such as China are now on track to reach their 2020 rollout targets.
Meanwhile, every major smartphone factory in the world – from Samsung and Apple to Xiaomi and Motorola – is now (or soon will be) launching 5G phones in virtually every price tier, with Qualcomm — undoubtedly the leader in 5G technology — assisting in making 5G as accessible as practicable to as many mobile customers as possible next year.
Hybrid cloud approaches help companies strike a balance with their particular public cloud requirements, ranging from SaaS apps and on-premise implementations to a combination of public and private clouds.
OEMs such as HPE, Dell (VMware), and Cisco are also investing more in developing tools that make connecting on-premises datacenters to the cloud easier.
Hybrid cloud approaches help companies find the right balance with their particular public cloud requirements, ranging from SaaS apps and on-premise implementations to a combination of public and private clouds.
OEMs such as HPE, Dell (VMware), and Cisco are also investing more in developing tools that make connecting on-premises data centers to the cloud easier.
With or without the disease outbreak, the hybrid cloud would still be on the list for 2021, but the major and sudden disease outbreak and unexpected disruptions caused by the coronavirus have demonstrated the importance of having as agile and flexible a cloud platform as possible, particularly as we see companies around the world accelerate cloud investments to achieve easy change in periods of confusion and instability.