In 2024, industry analyst firm IDC (International Data Corporation), pointed out in its “Worldwide Digital Transformation Spending Guide” that spending on the digital transformation of business practices, pro
Healthcare providersInnovation resistance theoryThe digital transformation of businesses is no longer debatable, and the effects are visible in all sectors. What is arguable, however, is why the transformation has not been seamless鈥攑articularly given the multiple benefits of digitalization. We seek ...
Digital health facilitatesdigital transformationin healthcare by incorporating software, hardware, networking and sensors into healthcare delivery systems. In doing so, it has revolutionized the field and generated numerous benefits for both caregivers and patients. What is digital health as we know it ...
Digital transformation in insurance is relatively new. Organizations use data analytics to better sense customer needs and identify growth opportunities. The industry is under pressure to digitize to remain competitive in the sector. Healthcare Digital transformation in healthcare has resulted in considerab...
Digital transformation also disrupts verticals – let’s explore different business sectors to see examples of how digitalization is changing industries: Industry Transformation Example(s) Real-World Example Healthcare EHR systems, telemedicine, and patient portals Brigham Health uses virtual visits allowin...
Digital transformation is the fundamental rewiring of how an organization operates. The goal of a digital transformation, as outlined in the new McKinsey book Rewired: A McKinsey Guide to Outcompeting in the Age of Digital and AI (Wiley, June 20, 2023), should be to build a competitive ...
Learn more about digital transformation: In “Digital or Die” Financial Sector, Identity Security Accelerates Transformation Two Recent Breaches: An Identity Security Perspective Why Identity Security Is Essential to Cybersecurity Strategy Identity Security: Why It Matters and Why Now ...
Machine learning is helping to eliminate bias and ensure that businesses are champions for diversity and inclusion. Healthcare and life sciences Digital technologies in healthcare have a complex workload. Research and diagnostic programs rely heavily on AI and machine learning. Surgical and medical ...
Funding: Digital transformation initiatives often require substantial investments in new technologies, infrastructure, and talent. Organizations identifying and allocating a realistic amount is essential for businesses to remain competitive in today's digital age, as well as being more likely to achieve the...
How Digital Technology is Transforming Film, TV, and Gaming course. What does digital transformation mean for other organisations? It isn’t just for-profit businesses that benefit from digital transformation. In the healthcare sector, AI is leading improvements in nursing, radiology and, of course...