And certainly that is how it has been playing out so far with cloud computing, robotics, automation of knowledge work, internet of things, analytics, with, of course, social media and mobile more quickly adopted, and blockchain, digital fabrication and augmented reality more slowly deployed. This involves software called robotic process automation (RPA), which automates simple repetitive processes by taking structured data and applying prior configured rules to produce a deterministic outcome, i.e. healthcare. There is no question the digital road map for nearly every IT team has accelerated greatly in 2020 to meet skyrocketing … Users usually access social media services via web-based technologies on desktops and laptops, or download services that offer social media functionality to their mobile devices (e.g., smartphones and tablets). ... Digital transformation is the use of digital means to improve the efficiency of systems and processes. Conversational AI becomes a legitimate interface: I know, Siri still sucks (mostly), … Eight digital technology trends for 2020, exploring their benefits, challenges, and impact on the business landscape are as follows: 1.Data Analytics. 80% of businesses fast … Blockchain - Necessary for the Fight. It would be a foundation for building resilience in the face of increasingly uncertain business environments, and future crises. Leslie Willcocks is a professor of technology, work and globalisation at LSE’s department of management. 5 Most Popular AI Programming Languages in 2021, 6 Best Data Visualization Tools You Should Try, How IoT Is Enhancing the Development of Smart Cities, Your email address will not be published. It’s … An integrated approach to the use of technology is required for all the company’s processes and not only within the enterprise but also in interaction with its customers or partners. Next we have analytics, dealing with  the discovery, interpretation, and communication of meaningful patterns in data, and applying data patterns towards effective decision-making. Especially valuable in areas rich with recorded information, analytics relies on the simultaneous application of statistics, computer programming and operations research to quantify performance. To accept cookies, click continue. Just bringing one of these into an organisation is highly problematic, as we are finding in our work on automation. More and more things around us that we use in everyday life are equipped with built-in sensors and exchange data with other devices to provide the best user experience to people. We also use third-party cookies that help us analyze and understand how you use this website. If we talk about wearables, this digital transformation technology is most actively developing in the field of healthcare, making the task of monitoring patients’ health simpler. This experience is seamlessly interwoven with the physical world such that it is perceived as an immersive aspect of the real environment. We have the list of 16 Latest Technologies that is going to rule the digital transformation in 2020 and they are given below: Artificial Intelligence (AI) and Machine Learning (ML) AI and ML are … I’m sure we all can agree that 2020 and the pandemic brought a huge digital transformation to the majority of businesses globally. The … These cookies do not store any personal information. Today’s large clouds often have functions distributed over multiple locations from central servers. Maintaining financial system stability by accommodating digital technology has become crucial. AR is an interactive experience of a real-world environment where the objects that reside in the real world are enhanced by computer-generated perceptual information, sometimes across multiple sensory modalities. masking of the natural environment). 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