A few years ago I was asked to explain IT modernisation to a main board Director in a couple of minutes. I created a "Killer Slide" (see a previous article) which worked well and has been "borrowed" by lots of people since then.
So I've updated the slide to reflect the digital times we live in and thought I'd throw it out there in case it's of interest and use.
Digital Transformation has brought several changes in our lives, changes in technology, processes, workflow, communication, and even overall services and products. But more changes will come in the near future due to millennials getting active in the workforce environment.
Digital Transformation is now a number one priority for many businesses. Over the past two years, businesses have put increased focus on digitally transforming their brands from the inside out.
It is an ongoing process of change based on the market and needs of the customers. To deliver this change successfully, there is a need to establish a clear vision with objectives & expected outcomes.
The “When-Not-If” paradigm around cyber-attacks is changing the deal completely around cybersecurity.
Many large organisations now assume that breaches are simply inevitable, due to the inherent complexity of their business models and the multiplication of attack surfaces and attack vectors which comes with it.
Technology is constantly improving in the world around us, and cryptocurrencies are no different.
The latest cryptocurrency to be announced and met with controversy and a media lash back is Libra, Facebook's new cryptocurrency. But cryptocurrencies could be the way forward...what if we could make money truly global and secure?
Libra caused enormous backlash for a number of reasons, but the main arguments were that it was backed and developed by Facebook, and that it would replace money completley (which cannot happen with the way our economies and countries are built).
We are all familiar with machine learning in our everyday lives. Both Amazon and Netflix use machine learning to learn our preferences and provide better shopping and movie experience.
Artificial intelligence (AI) has stormed the world today. It is an umbrella term that includes multiple technologies, such as machine learning, deep learning, and computer vision, natural language processing (NLP), machine reasoning, and strong AI.
Calvin Coolidge said, "Doubters do not achieve, sceptics do not contribute, and cynics do not create". At the outset let me truthfully confess that I am neither of the three on this subject. On the contrary, I truly believe that we are changing the world in the way that business is conducted, and transactions are processed, “one blockchain at a time", and as we use this technology true to its potential, this world will turn into a better place for everyone.
Digital Transformation is omnipresent. It has already been changing our behaviour as human beings.
More than ever, Customer expectations matter. Don't like that app that you just downloaded? You can give it a bad review. No response from the developers means lost customers, or worse, going out of business. Such a bad customer experience posted on Twitter, Facebook and various other social media channels can be very detrimental to your brand.
Many CISOs complain of communication problems with their business. They are not being listened to. They are not getting the budget they think they should get. They feel their business prioritises against security too often.
It has been a recurring theme amongst information security professionals for the best part of the last 15 years, and it is rooted in a wide range of factors, amongst which the profile of the CISO is often a dominant limitation.
I have seen many businesses saying they have embarked on digital transformation while in reality, they have just digitized some of their processes.
There is confusion over the two terms, Digitization &Digital Transformation.
The two terms are often used interchangeably when their actual meanings are totally different. In fact, they point to two very different ways of responding to disruptive technology.
Let me talk about Digitization: It is doing the same things, differently.