Accelerating Digital: Ten Short Reads (July 2017)
A selection of the best short reads on all things digital published over the last two weeks or so.
A recent Bridgeall blog post summarising new research from PwC highlighting major concerns re-the state of digital in UK local authorities including lack of preparedness for cyber-attacks and a significant decline in confidence in the ability of local authorities to implement digital transformation. This is happening against a background where there is growing citizen appetite to have more services delivered online.
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Part 6 in our series of blog posts on ‘Accelerating Digital’ – examining the main barriers to successful digital transformation. It is now widely recognised that organisational culture, rather than technology, is one of the main obstacles to overcome.
Detailed new report from the World Economic Forum. Distributed ledger technology promises to have far-reaching economic and social implications. By leveraging a global peer network to assure the integrity of value exchanged between parties, blockchain has the potential of transforming a large number of industries. It could become a major driver of greater transparency and integrity in society, including the fight against bribery and corruption. It could also lead to extensive changes in supply chains and governmental functions, including central banking.
Ex-chief of Barclays warns that banks could face their own “Kodak moment”, falling into irrelevance, if they fail to keep up with the pace of rapidly developing fintech technologies. The opportunities produced by digital ledger technologies such as the blockchain could result in efficiency savings of between $80 and $110 billion. Banks which failed to keep up with the pace of such technology could be faced with an existential crisis.
Bridgeall blog post on how Microsoft Azure has become the world’s #1 Cloud Services Platform for corporate customers, recognised by Gartner as a leader in their Cloud Infrastructure as a Service (IaaS) Magic Quadrant for the fourth consecutive year. More than 90 percent of Fortune 500 companies now use Microsoft cloud services.
Does your company know what to do with all of its data? Very good HBR article covering the many ways organisations can put data to work to improve profitability and competitive advantage, from product improvements to new revenue streams to possible industry game changers.
Short video explaining the new buzz phrase in manufacturing – digital twins. A computerised version of a physical asset with data from sensors in the real world being inputted into the twin to create simulations of thousands of outcomes. The technology can empower a manufacturer to run simulations of products to help understand product usage, reliability, and efficiency.
Excellent Infographic summarising the main results from a comprehensive report by Capgemini (with Brian Solis) identifying corporate culture as one of the major barriers to be overcome in becoming a digital organisation.
Arguably the world’s most dominant software company, Microsoft has gone through several distinct phases over the course of its vaunted corporate history. How does it currently generate most of its sales and profits?
As always, comment and feedback are very welcome.