business continuity
Top digital transformation trends for 2022
Business patterns of the past couple of years have affirmed the critical role that digital transformation trends play in an organization's ability to carry out its mission. Forward-thinking organizations must focus their efforts on enabling their people, and the people they serve, to thrive in the more distributed, more digitalized world we're living in. In 2022, it's on leaders to not just innovate, but also take what's worked and expand on it, so teams can continue to work more efficiently and collaborate more effectively in the face of unpredictable and rapid change. Here are the most promising, accessible and impactful technology solutions for organizations to focus on launching -- or perfecting -- in 2022. Legacy systems weren't designed to handle remote work at scale and immediacy, but your distributed workforce needs to stay connected.
Top 10 Benefits of Using Artificial Intelligence
Artificial Intelligence (AI) is a wide-ranging branch of computer science focused on building smart machines capable of identifying patterns, characteristics, and relationships within data and use this information to generate a prediction – or form a judgement – and then automatically perform a task. The rapid rise in the popularity of developing and adopting artificial intelligence solutions can be attributed to several factors, particularly data inundation, the need to make faster and better data-driven decisions, and the importance of automation in order to enable businesses to scale. AI is considered one of the central pillars to digital transformation and is becoming increasingly integrated into nearly every aspect of our lives, from mobile phones to banking and even how we are marketed to as an audience. Articles on artificial intelligence are often heavy on hype and technology jargon. In this article, we keep things simple and focus on 10 of the remarkable and defining benefits for how AI can help both people and businesses.
Hybrid working models: Redefining business strategies
With the COVID-19 pandemic transforming the way we work, organizations have had to shift gears as we progress towards the'New Normal' where only'Work from Home' wouldn't suffice, and'Working from Office' completely wouldn't also be a choice, owing to the continuous scare of the virus. Such a scenario demands organizations to reinvent their working style and introduce a Hybrid Working Culture, which brings the best of both worlds to ensure a smooth transition and pave the way for the'Future of Work', which is more employee centric. With offices being shut for more than 18 months globally due to the nationwide lockdowns being announced by countries, the'Work from Home' has helmed the work reigns. While there have been mixed reviews about such work culture, there's no denying the fact that the COVID-19 pandemic has transformed the global working models, forever. The IT industry, which was the frontrunner in taking the initiative of'Work from Home,' is also set to be probably the last one to Resume'Work from Office.'
How is Digital Transformation Accelerating due to Covid-19?
Many countries surfaced from the impact of lockdown, and executives experienced dramatic shifts in business operations. To overcome this loss and get back to the new normal of the pandemic, business leaders are discovering operational changes essential for business continuity. The pandemic has proved the value of digital operating models and is likely to speed up digital transformation and innovation soon. Digital transformation in companies is likely to be one of the most strategic decisions. As businesses struggle to adjust to the new normal, here are the foreseen digital transformation trends that are likely to continue in the coming years.
Top 10 predictions for AI in 2021 - Latest Digital Transformation Trends
Despite many challenges that we faced due to the pandemic in 2020, the momentum of growth for advanced technologies has continued. Especially, artificial intelligence (AI) is continuously finding increased usage in both the private and public sectors. During 2020, there were developments around natural language processing (NLP) techniques (for example, GPT-3 model built to produce human-like texts), virtual assistants, job automation, and more. And it appears that AI growth is not going to slow down anytime soon. In 2021, AI will become the core business technology.
Digital Transformation Strategies Are Failing. Here's Why. - InformationWeek
Every organization has had to react to COVID-19 impacts. Before the pandemic hit, organizations were executing digital transformation strategies that were created in response to digital disruption. Then, in 2020, the pandemic hit making digital disruption seem comparatively tame. For one thing, digital disruption takes a couple or a few years whereas pandemic emergency response needed to be executed within days or weeks. Now digital transformation has evolved into yet another stage. This third stage combines the thought processes of the previous two phases.
India's Artificial Intelligence Spending To Grow At 30.8% CAGR To $880.5 Million In 2023, Says IDC
India's artificial intelligence spending is expected to grow at a CAGR of 30.8% to touch $880.5 million (around Rs 6,490.6 crore) in 2023, research firm IDC said on Wednesday. "Enterprises are relying on AI to maintain business continuity, transform how businesses operate and gain competitive advantage. India's AI spending will grow from $300.7 million in 2019 to $880.5 million in 2023 at a CAGR of 30.8%," as per IDC's Worldwide Artificial Intelligence Spending Guide Forecast. Rishu Sharma, Principal Analyst at IDC in India, said Covid-19 is pushing the boundaries of organisations' AI lens. "Businesses are considering investments in intelligent solutions to tackle issues associated with business continuity, labor shortage, and workspace monitoring. Organisations are now realising that their business plans must be closely aligned with their AI strategies," Sharma added.
The Big Freelance Skills Needed As Companies Rebuild After COVID 19
Over twenty two million Americans lost their jobs in a little less than a month due to COVID 19. It took the Great Depression more than four years to achieve an equivalent level of unemployment. Millions of freelancers around the world have also lost critical project and consulting work; many clients have closed up shop. Gigsters have struggled to make a living as companies focus on conserving cash, reducing non-essential expense, and planning for an uncertain post COVID 19 world. What freelance skills / professional specialties are likely to be most in demand on your platform as the global economy begins to emerge out of COVID 19?
Datadobi Announces DobiProtect for File and Object Data
DobiProtect enables heightened business continuity by giving customers the ability to identify and maintain an air-gapped'golden copy' of mission-critical unstructured data Datadobi, the global leader in unstructured data management software, announced DobiProtect enhancements to help companies maintain the highest standards of business continuity. With DobiProtect, organizations can easily create a'golden copy' of their business-critical file and object data in its native format across heterogeneous systems. This golden copy enables companies to quickly restore business operations that rely on unstructured data when serious disruptions occur such as cyberattacks, ransomware, insider threats, storage platform specific bugs, natural disasters, etc. With business operations becoming increasingly reliant on unstructured data being immediately accessible, DobiProtect customers are giving themselves a fighting chance to get their activities up and running fast by simply keeping a golden copy of core business-critical data. Customers can keep their data in a bunker site, in the cloud, or behind an air gap. The choice is entirely theirs as DobiProtect gives them the freedom to choose any NAS or object storage.
The sweet spot for robotic process automation in the COVID-19 response
We are living through the largest real-world experiment of our time. As the COVID-19 crisis goes on, our homes have become a distributed platform from which we continue to perform our jobs while maintaining the necessary social distancing. This experiment threatens to explode in our collective faces. During the COVID-19 emergency, business continuity and productivity have deteriorated significantly. Many people are working from home for the first time in their lives, employed by organizations that have not adapted their roles, processes, or tools to support that mode of operation.