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Misconceptions around Digital Transformation

misconceptions around digital transformation

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In the present time the world is more digitized than ever before. With pandemic coming into effect, travel has been blocked and the only resource to make business and work go about is through remote access. The rise and awareness of digital transformation has been faster than anyone imagined. Most of us already assumed it will be the future but none thought that digitization will take over pandemic spell to make its presence felt like never before.

When face with the challenges from the digital world, it often brings out some of the misconceptions that how is technology helping in workplace. Let us highlight some of the most common misconceptions around digital transformation that can act as a block against successful integration in many firms and organizations.

Digital transformation takes over people’s jobs

The most common misconception about Digital Transformation is that it will take the jobs of people. Although it is not true, as digital transformation does not mean human work force will be replaced with technology. It cannot be fully replaced in the present date. But, this misconception has led to creating a fear in many. This also has led to many organizations not taking the initiative of digital transformation.

In reality, this a not true, technologies are actually here to help and clear our hand from mundane tasks and encourage us to create more ways to develop ourselves to encourage more employment in various other sectors. In fact it won’t be wrong to say technology has shifted our minds to the more important issues and have taken care of the bulk work so that we can enrich ourselves more. Administrative system of work will fade away, but can be supported through technologies to make then process seamless.

Technology makes things faster

The subsequent confusion is that technology will make things quicker and more effective for associations. While this is valid from various perspectives, it actually connects to the main point that technology can’t completely supplant individuals. It can make work more proficient, yet individuals actually hold the ability to spike on hierarchical effectiveness and nimbleness.

Digital transformation isn’t about the best advancements to help the association. It is tied in with utilizing technology to help the individuals who truly drive the business forward through the intensity of human associations.

Digital transformation means integrating technologies

Many are of the view that digital transformation means integrating new software or hardware’s. But it’s actually the opposite, going digital means giving more focus on customer behaviour and retention analytics. Analysing and studding through the innovation and techno logical process and making it a sustainable approach is the goal of digital transformation.

While the client is one centre, it’s likewise essential to guarantee your employees have the correct attitude to continually learn new things so they can stay up with change. Digitization requires dexterity, in work as well as far as learning the things that will be significant going ahead.

Without individuals, digital transformation won’t be effective. So if organizations utilize technology, it is as yet imperative to consider when pondering the fate of the association. A genuine illustration of digital transformation for organizations, paying little heed to the degree of equipment or programming the organization utilizes, is the move toward distant work during the pandemic lockdown recently.

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How technology advancements help in digital transformation for global industries

Organizations that triumphantly executed digital transformation have seen faster growth in their industries in comparison to their competitors. Surely, this process varies for each domain, business, industry, organization and their relative peculiarities. The right solutions are always achieved depending on the behaviour of a customer, preferences, analysis and different business logics of a company. The

Not so long ago experts were proclaiming that the mobile is going to be the future. And, guess what? They were not wrong. Some of the extraordinarily successful applications and businesses are mobile-based. Just think of the names like Instagram, Uber, Swiggy. Didn’t they transform the thoughts of a human into exceptionally well-crafted businesses and apps? Yes! They did. And for all those successfully running transformations there has been a secret that we need to know. That is, how they bridged all those gaps between a human and a machine and made a remarkable equation. How did they master it? Rapid Changes need adaptability With evolving technology, humans started to find a solution to every problem they encountered and started converting that as key thought of a business. Now, devices and machines are understanding from a deeper level than that of a human. Just think about all the technologies used in health care? How we have transformed from checking pulse with a finger on the wrist to having an oximeter for accuracy? There was take-away of food while we were kids and now food to your doorstep with a click. From buying a ticket at the station to booking it on the app. With changing needs and adapting new trends there has been a good equation we need to learn between a human and a machine. How do machines learn? Artificial Intelligence and machine learning happen basically in four types. This is exactly how the data is processed, observed, corrected and output is obtained. The key techniques in which the ML or AI leveraged to learn are as follows • Active Learning: Generally the models incorporated in machine learning are to guess the solution, check if it correct and go ahead to solve a similar problem. Active learning is a similar kind of work that AI and ML do. They take prioritized mathematical techniques from the subject matter expert and follow them to derive results. This method improves a positive collaboration between a human and a machine. • Transfer Learning: In this technique, the neutral network is well trained to solve a particular type of problem. Then the knowledge acquired in solving that problem is now transferred to apply for another different model but a similar kind of issue. For example, a problem solved in recognizing a car is relatively transferred for similar issues related to identifying a truck • Reinforcement Learning: This technique is used as a trial and error method. Where the successful methods are rewarded as right moves and the error methods are considered to recheck the process. This is mostly done by AI agent and is taught successful strategies. Through the process, the AI understands how well it can make the right choice to avoid consequences without any explicit instructions from the programmer. • Meta-Learning: This technique is a subfield of machine learning. It is programmed with certain types of algorithms that can teach a machine how to absorb the data. Simply how to learn what to learn. This helps the machine to upgrade in the form of skills and environments without the necessity of loading huge datasets. How should a human learn? This question might surely sound surprising. But, to have a great equation with a machine, humans need to upgrade on few things and learn a few. • Team game: Forming a potential team that is skilful in upcoming trends helps to work as a better team with those having skills in the current trends. This collaboration can bring out results that are meeting the current needs of a business and are also braced to encounter the new demands. • Discover: There is never s straight line to great innovations. Sometimes the non-linear process of going two steps back can bring out great ideas that can create wonders. • Test: Learning is always a process that goes on forever. It becomes successful only when tested and then identified as the right way. So a successful project gives a lot of skill enough to embrace another one. • Fail: The most common of all. It helps in a way better than a successful project. It gives clear guidance on what not to do. And, when it happens, stand again to start again. • Lead: Ensure everyone on the team is coached and trained to take over the project at any given time and circumstance. Throughout the process of a project, situations keep on changing and one needs to be well informed to face anything. • Unlearn and upskill: Every time a new problem arrives, the same process that succeeded in the previous issue might be completely irrelevant to this one. So be open to unlearn outdated processes and upskill to the emerging solutions. Conclusion From observing new technologies and how they are transforming digitally, it is very much evident that not just machines, but humans have a lot to learn to form a great equation. A good partnership between humans and machines can only be achieved if machines are made with accurate tools and technologies, and humans who can embrace diversity, nurture it across the industries and their ecosystems.
digital transformation

Understanding equations between humans and machines to master digital transformation

Not so long ago experts were proclaiming that the mobile is going to be the future. And, guess what? They were not wrong. Some of the extraordinarily successful applications and businesses are mobile-based. Just think of the names like Instagram, Uber. Didn’t they transform the thoughts of a human into exceptionally well-crafted businesses and apps?

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