Technology innovation has been a source of inspired thinking for generations. From movie screens and books, to the innovator’s sketch pad, the dream of a life that’s automated, informed, and enjoyable has guided inventions throughout human history.
Digital transformation. It’s an interesting term that pops up in nearly every business conversation, but few people truly understand what it is. The literal definition of “digital transformation” implies a permanent shift from one state to another–an attainable, concrete, and final destination–achieved through the use of technology.
Sir Winston S. Churchill once shared the wisdom, “To improve is to change; to be perfect is to have changed often.” This statement, although more than 65 years old, remains true as we all deal with a barrage of digital disruption. The rise of hyperconnectivity and technologies such as artificial intelligence, machine learning, cloud computing, and advanced analytics are empowering businesses of all sizes — from the one-man startup to the international conglomerate — to optimize processes continuously and make enormous changes.
Ill-considered technology investments are similar to a Trojan horse. New technology is integrated with the IT infrastructure with fanfare and welcomed adoption. Then, over time, that shiny beacon of business improvement and future success becomes a threat — or worse, an obstacle — to achieving the ultimate vision.