I am regularly asked to summarize my many posts. I thought it would be a good idea to publish on this blog, every Monday, some of the most relevant articles that I have already shared with you on my social networks.
Today I will share some of the most relevant articles about Digital Transformation and in what form you can find it in today’s life. I will also comment on the articles.
On Builtinchicago.org: Siemens, Others Invest $720M in Digital Transformation Leader ThoughtWorks | Built In Chicago
Siemens, Others Invest $720M in Digital Transformation Leader ThoughtWorks. In short, ThoughtWorks helps its clients design, build and execute digital products. Founded in Chicago in 1993, the company has become a leader in agile software development, spearheading the digital transformation of major brands like Delta, Porsche and the Australian Red Cross along the way.
On Businesswire.com: Application Services Expand to Meet Enterprise Demand for Digital Transformation | Business Wire
Application Services Expand to Meet Enterprise Demand for Digital Transformation. ISG Provider Lens™ report finds three major types of clients define requirements for next-generation application development and maintenance service providers. As enterprises carry out broad overhauls of their IT capabilities to solve business problems, application development and maintenance services are expanding to support such large-scale digital transformations, according to a new report published today by Information Services Group, a leading global technology research and advisory firm.
On Technologyreview.com: Banks need to strike the right balance for digital transformation | MIT Technology Review
Banks need to strike the right balance for digital transformation. Big tech initiatives include myriad tactical considerations, from picking the right partners to knowing when and why to deploy new technologies. Every financial institution is looking to digital transformation to meet rising customer expectations for speed and convenience, lower its operating cost, and fend off competition, including from tech companies moving into financial services. Some are spending over 10% of yearly revenue on technology investments, according to Bloomberg. “This is a huge investment and most financial institutions cannot support this for the long term,” says Michael Fei, SME banking CEO at OneConnect Financial Technology, an associate of Ping An Insurance.
On Forbes.com: Council Post: Our Gritty Digital Transformation Reality — And How To Make It Better (forbes.com)
Our Gritty Digital Transformation Reality — And How To Make It Better. Companies are fast realizing the importance of digital transformation, and it seems every major player has some kind of transformation project underway. Yet, very few companies are actually achieving their desired results. According to a McKinsey survey, 80% of surveyed companies have started the transformation process, 14% of surveyed companies have reported performance improvements and 3% have completed the transformation.
On Businesswire.com: Accenture Acquires Wolox, Boosting Cloud First and Digital Transformation Capabilities in Argentina and South America | Business Wire
Accenture Acquires Wolox, Boosting Cloud First and Digital Transformation Capabilities in Argentina and South America. Accenture has acquired Wolox, a leading Argentinean cloud native and agile development company that provides digital solutions to help clients achieve successful business outcomes. Founded in 2012, Wolox’s team of more than 280 professionals specializes in integrated services that include digital business design, product creation and agile squads. The addition of the Wolox team enhances the global capabilities of Accenture Cloud First, a multi-service group providing a full stack of cloud services to help clients across every industry accelerate their digital transformation, innovate faster, and create differentiated, sustainable value. Powered by 70,000 cloud professionals, and a $3 billion investment over the next three years, the group brings together an unmatched depth and breadth of cloud expertise, industry cloud solutions, ecosystem partner capabilities, and assets that help clients realize greater value from cloud at speed and scale.
On Readitquick.com: Nokia and Google Cloud Partner to Advance Enterprise Digital Transformation (readitquik.com)
Nokia and Google Cloud Partner to Advance Enterprise Digital Transformation. To develop cloud-native 5G solutions for communications service providers and enterprise customers, Nokia and Google Cloud announced uniting. This strategic union will work to develop 5G core solutions that combine Nokia’s 5G operations and networking capabilities with Google Cloud’s AI, ML and analytics technologies.
On Marketingweek.com: BMW invests ‘hundreds of millions’ in digital transformation – Marketing Week
BMW invests ‘hundreds of millions’ in digital transformation. The car brand is investing hundreds of millions annually over the next five years as it looks to create a seamless digital experience for customers. BMW has committed to an annual marketing investment of hundreds of millions until 2025 to digitise its sales and marketing operations, as it looks to create the best customer experience in the premium automotive sector.