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The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

It may surprise you that the key to success in a digital transformation is not technology but culture – specifically, a digital culture. Creating a digital transformation culture is so important that, according to studies, a third of key decision-makers in companies believe that true digitization cannot occur without it.

The post-pandemic world will embrace technology much faster than it was previously forecasted to. But the breakneck pace of tech adoption will be focused on a few innovations that would readily yield tangible benefits as the world grapples with the problem of reviving the economy. This post will delineate the megatrends in technology and the possibility of a more immediate adoption globally.

Over the coming years, the world of technology and application development is likely to see disruption as artificial intelligence and blockchain technology evolve. Furthermore, data management and analytics trends will also advance over the coming years