The Next Product Development Revolution. Digital Business. Quit Dithering On Digital Business Strategy - Global Cio - Executive. Digital is the future of business, and the movement needs leaders.
You in, CIOs? Don't dismiss it as just the latest IT craze. Every enterprise is now a digital business -- or must become one fast. The future of your company and organization (and career) is on the line. CIOs Must Embrace Digital Business - Global Cio - Executive. The title 'chief digital officer' may yet go the way of the 'chief evangelist,' but the digital business movement is a force CIOs can't ignore.
Office 2013: 10 Questions To Ask (click image for slideshow) Digital Business at MIT. The MIT Center for Digital Business is a partnership in research between our corporate sponsors and MIT faculty.
Each partnership revolves around research projects that are a one-to-one match between a faculty principal investigator and a single corporate sponsor. In every project, there is an equal value proposition for each participant - the sponsor has an expected economic benefit from the project outcome, and the faculty member has an equal expected academic benefit from the research. This matching approach is unique, and fits well with the mission of MIT - to conduct work that is both academically rigorous but also relevant to industry. "Digital business" is part and parcel of today's modern corporation. Technology is pervasive. Open Road for Ford Motor Company and Big Data. By Kirk Kardashian Published Feb 26, 2013 Like any major corporation operating in the digital age, Ford Motor Company produces a generous amount of both revenue and data every second.
The company finds plenty of uses for its revenue, but what’s the value of its information? 100 2013 Winners Database: Page 1. Center for Digital Strategies › About › In the Press 1 2 3 > Last › Page 1 of 14 pages Browse Entire Site by Topic Choose Topic.
Digital strategy. In the fields of strategic management, marketing strategy and business strategy, digital strategy is the process of specifying an organization's vision, goals, opportunities and initiatives in order to maximize the business benefits of digital initiatives to the organization.
These can range from an enterprise focus, which considers the broader opportunities and risks that digital potentially creates (e.g., changes in the publishing industry) and often includes customer intelligence, collaboration, new product/market exploration, sales and service optimization, enterprise technology architectures and processes, innovation and governance; to more marketing and customer-focused efforts such as web sites, mobile, eCommerce, social, site and search engine optimization, and advertising. Overview[edit] Every business is a digital business. Mobile, cloud, social media, virtualization and big data – once considered hot technology trends worth exploring – have moved well beyond the stage of experimentation.
They are proven tools that have given birth to an age where technology has become the foundation of any successful business – it's a prime driver of market differentiation, business growth, innovation, adaptability, collaboration and profitability. In short, every business is now a digital business and those where the full C-Suite understand the benefits of this are those that will be most successful. Farsighted organizations have recognized IT as a key strategic asset with which to review vital aspects of corporate operations. Using digital tools to identify useful data, evaluate it, analyze it, derive insights from it, share it, manage it, comment on it, report on it and -- most importantly -- act on it, has become essential. Minding your digital business: McKinsey Global Survey results.
Most C-level executives say the three key trends in digital business—namely, big data and analytics, digital marketing and social-media tools, and the use of new delivery platforms such as cloud computing and mobility—are strategic priorities at their companies, according to McKinsey’s first annual survey on the topic.
The survey asked executives in the C-suite about their companies’ adoption of these trends; the extent to which their companies are investing in new digital technologies; the value that they expect to reap from these investments; and the role the IT function plays in driving digital business initiatives forward. These executives have high expectations for the potential value their companies can generate from the three trends, and one-third even expect digital business to increase operating income by more than 10 percent over the next three years. Big data tracks docs and may reward performance over care. Here's a new one for you: big data analytics is tracking detailed performance of doctors within a hospital system.
According to the Wall Street Journal, a new digital performance improvement program is keeping an eye on the medical practitioners. Research in big data analytics working to save lives of premature babies. TORONTO – It’s hard to imagine that something so small could create enough data to be used in research for big data analytics, but researchers at Toronto’s Hospital for Sick Children are using premature babies to do just that.
‘Big data analytics’ is the study of a large amount of data sets, broken down by computer systems that can detect trends. Researchers are collecting high-frequency physiological data, including heart rate and respiration rate, to create algorithms that can predict when a baby is at risk of infection and other health complications. Premature babies, or preemies, demonstrate tell-tale signs of infection in changes in their heart rate up to 24 hours before an infection takes hold. Once put in place, these algorithms can help doctors walk the thin line between life and death that preemies face. “About a quarter of babies who are born premature will end up with infections and ten per cent of those will die – that’s quite a significant problem,” said lead researcher Dr.
Using Big Data to Drive Innovation. The Huffington Post 2 mentions — 5 days ago A picture taken on October 9, 2008 shows an ultralight helicopter hovering above a field where Greenpeace activists and Austrian organic farming association BIO AUSTRIA wrote the message 'NO GMO' (Genetically Modified Organism) by planting light green coloured organic buckwheat in a field of organic peas in Breitenfurt, NPR.org 7 mentions — 4 days ago. From the Big Screen to the Little Screen: The evolving relationship between TV and search. InShare235 As a digital analyst, it’s my job to study how technology disrupts business markets and models.
As an aspiring social scientist, I also study technology’s impact on culture and behavior. Rebooting the Gaming Industry - Nikhil Sahni. By Nikhil Sahni | 9:00 AM December 14, 2012 For years, video game makers used blockbuster titles like Madden, Halo, and Assassin’s Creed to make money — after selling their consoles at a loss. But today, franchises like these are no longer enough to sustain both the profit and growth expectations of these legacy electronics businesses. The rise of social and cell phone gaming, coupled with increasing options vying for the customers’ time, have introduced a wave of disruption into the gaming industry, siphoning off customers and reducing the amount of time gamers devote to their old-guard systems. The question: is there a way for console makers to survive? They won’t survive if they just keep focusing on producing more lifelike graphics. This leaves console makers in a conundrum.
One response by incumbent video game companies has been to shift from the focus on graphics to a focus on interaction, with advances like the Microsoft Kinect and the Nintendo Wii. The digital workplace hype cycle. Since 1995, Gartner has used the Hype Cycle Model to characterise the over-enthusiasm and subsequent disappointment that typically happens when new technologies are introduced. Every year, Gartner issue a Hype Cycle special report, showing how far along the cycle technologies have moved, helping CIOs to decide if technologies are worth investing in yet.
Their 2012 report, published recently, shows that over the past year big data, 3D printing, activity streams, Internet TV, Near Field Communication (NFC) payment, cloud computing and media tablets have moved quickly through the cycle, and are expected to reach the ‘plateau of productivity’ – the point where benefits are widely demonstrated and accepted – in just a few years.
We all hear a lot of hype about intranet and digital workplace innovations. Watch Your Back, Hasbro, 3D-Printed Games Have Arrived. What Constitutes A Management. Daniel, I think you emerging framework for consulting (path to revolution inconsulting) has the beginnings of some of the answers to changing/ adaptingapproaches needed by the consulting industry. In many ways, the consulting industry is its own worst enemy. It stays very internally driven, self promoting still trying to convey the story of mastery when clearly this is lacking. The client has moved to a more open collaborative platform for obtaining and underpinning its own internal knowledge for product development Clients have entered strategic partnerships in supply chain, purchasing, HR management and a host of IT related activities and is pushing closer to engaging the final consumer within the understanding of meeting their needs ordiscover the 'unmet' needs.
Consultant firms on the other hand are moving far too cautiously to collaboratative forms, to host and be the potential 'orchestrator' of these changes. In summary the bigger challenges are: 1. 2. Capgemini Consulting Readies 'a New Kind of Consulting' PANEL: Physical + digital = New business models. James Breiner: New business models for digital entrepeneurs. Bob Iger of Walt Disney on Digital Business Models. Digital transformation - creating new business models where digital meets physical. Cloud Enabled Business Model Innovation (Saul Berman) A Magazine Is an iPad That Does Not Work.m4v.
D10 Interview: Spotify's Sean Parker and Daniel Ek - Kara Swisher - D10. Even the Tech-Savviest Struggle With Cloud-Based Business Models: Study. Tech companies struggling to keep pace with cloud biz models.