{"id":2001,"date":"2019-10-10T05:02:16","date_gmt":"2019-10-10T05:02:16","guid":{"rendered":"http:\/\/kusuaks7\/?p=1606"},"modified":"2024-03-13T11:58:30","modified_gmt":"2024-03-13T11:58:30","slug":"the-digital-revolution-is-ending-heres-what-you-need-to-do-now","status":"publish","type":"post","link":"https:\/\/www.experfy.com\/blog\/bigdata-cloud\/the-digital-revolution-is-ending-heres-what-you-need-to-do-now\/","title":{"rendered":"The Digital Revolution Is Ending. Here\u2019s What You Need To Do Now"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\tThe history of digital technology has largely been one of denial followed by disruption. First came the concept of the\u00a0productivity paradox<\/a>, which noted the limited economic impact of digital technology. When e-commerce appeared, many doubted that it could ever compete with physical retail. Similar doubts were voiced about digital media.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tToday, it\u2019s hard to find anyone who doesn\u2019t believe in the power of digital technology. Whole industries have been disrupted. New applications driven by cloud computing, artificial intelligence and blockchain promise even greater advancement to come. Every business needs to race to adopt them in order to compete for the future.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\nIronically, amid all this transformation\u00a0the digital revolution itself is ending<\/a>. Over the next decade, new computing architectures will move to the fore and advancements in areas like synthetic biology and materials science will reshape entire fields, such as healthcare, energy and manufacturing. Simply waiting to adapt won\u2019t be enough. The time to prepare is now.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Drive Digital Transformation<\/strong><\/h3><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAs I explained in\u00a0Mapping Innovation<\/em><\/a>, innovation is never a single event, but\u00a0a process of discovery, engineering and transformation<\/a>. Clearly, with respect to digital technology, we are deep into the transformation phase. So the first part of any post-digital strategy is to accelerate digital transformation efforts in order to improve your competitive position.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tOne company that\u2019s done this very well is Walmart. As an old-line incumbent in the physical retail industry, it appeared to be ripe for disruption as Amazon reshaped how customers purchased basic items. Why drive out to a Walmart store for a package of toothpaste when you can just click a few buttons on your phone?\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\nYet rather than ceding the market to Amazon, Walmart has invested heavily in digital technology and has\u00a0achieved considerable success<\/a>. It wasn\u2019t any one particular tactic or strategy made the difference, but rather the acknowledgment that every single process needed to be reinvented for the digital age. For example, the company is using virtual reality to\u00a0revolutionize how it does in-store training<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tPerhaps most of all, leaders need to understand that\u00a0digital transformation is human transformation<\/a>. There is no shortage of capable vendors that can implement technology for you. What\u2019s key, however, is to shift your culture, processes and business model to leverage digital capabilities.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Explore Post-Digital Technologies<\/strong><\/h3><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tWhile digital transformation is accelerating, advancement in the underlying technology is slowing down. Moore\u2019s law, the consistent doubling of computer chip performance over the last 50 years, is nearing its theoretical limits. It has already slowed down considerably and will soon stop altogether. Yet there are non-digital technologies under development that will be far more powerful than anything we\u2019ve ever seen before. \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tIBM has\u00a0created a network<\/a>\u00a0to develop quantum computing technology, which includes research labs, startups and companies that seek to be early adopters of the technology. Like neuromorphic computing, quantum systems have the potential to be thousands, if not millions, of times more powerful than today\u2019s technology.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThe problem with these post-digital architectures is that no one really knows how they are going to work. They operate on a very different logic than traditional computers, will require new programming languages and algorithmic strategies. It\u2019s important to start exploring these technologies now or you could find yourself years behind the curve.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Focus On Atoms, Not Bits<\/strong><\/h3><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThe digital revolution created a virtual world. My generation was the first to grow up with video games and our parents worried that we were becoming detached from reality. Then computers entered offices and\u00a0Dan Bricklin<\/a>\u00a0created\u00a0Visicalc<\/a>, the first spreadsheet program. Eventually smartphones and social media appeared and we began spending almost as much time in the virtual world as we did in the physical one.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tEssentially, what we created was a\u00a0simulation economy<\/a>. We could experiment with business models in our computers, find flaws and fix them before they became real.\u00a0Computer-aided design (CAD) software<\/a>\u00a0allowed us to design products in bits before we got down to the hard work of shaping atoms. Because it\u2019s much cheaper to fail in the virtual world than the physical one, this made our economy much more efficient.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tYet the next great transformation will be from\u00a0bits to atoms<\/a>. Digital technology is creating revolutions in things like\u00a0genomics<\/a>\u00a0and\u00a0materials science<\/a>. Artificial intelligence and cloud computing are reshaping fields like\u00a0manufacturing<\/a>\u00a0and\u00a0agriculture<\/a>. Quantum and neuromorphic computing will accelerate these trends.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tMuch like those new computing architectures, the shift from bits to atoms will create challenges. Applying the simulation economy to the world of atoms will require new skills and we will need people with those skills to move from offices in urban areas to factory floors and fields. They will also need to learn to collaborate effectively with people in those industries. \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Transformation Is Always A Journey, Never a Destination<\/strong><\/h3><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThe 20th century was punctuated by\u00a0two waves of disruption<\/a>. The first, driven by electricity and internal combustion, transformed almost every facet of daily life and kicked off a 50-year boom in productivity. The second, driven by the microbe, the atom and the bit, transformed fields such as agriculture, healthcare and management.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\nEach of these technologies followed the pattern of discovery, engineering and transformation. The discovery phase takes place mostly out of sight, with researchers working quietly in anonymous labs. The engineering phase is riddled with errors, as firms struggle to shape abstract concepts into real products. A nascent technology is easy to ignore, because its impact hasn\u2019t been felt yet.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tThe truth is that disruption doesn\u2019t begin with inventions, but\u00a0when an ecosystem emerges to support them<\/a>. That\u2019s when the transformation phase begins and takes us by surprise, because\u00a0transformation never plays out like we think it will<\/a>. The future will always, to a certain extent, unpredictable for the simple reason that it hasn\u2019t happened yet.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tToday, we\u2019re on the brink of a\u00a0new era of innovation<\/a>\u00a0that will be driven by new computing architectures, genomics, materials science and artificial intelligence.\u00a0 That\u2019s why we need to design our organizations for transformation by\u00a0shifting from vertical hierarchies to horizontal networks<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tMost of all, we need to shift our mindsets from seeing transformation as set of discreet objectives to a\u00a0continuous journey of discovery<\/a>. Digital technology has only been one phase of that journey. The most exciting things are still yet to come.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

The history of digital technology has largely been one of denial followed by disruption. First came the concept of the\u00a0productivity paradox, which noted the limited economic impact of digital technology. When e-commerce appeared, many doubted that it could ever compete with physical retail. Similar doubts were voiced about digital media.Today, it\u2019s hard to find anyone<\/p>\n","protected":false},"author":622,"featured_media":4195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[187],"tags":[95],"ppma_author":[3337],"class_list":["post-2001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bigdata-cloud","tag-big-data-amp-technology"],"authors":[{"term_id":3337,"user_id":622,"is_guest":0,"slug":"greg-satell","display_name":"Greg Satell","avatar_url":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/04\/medium_09100e21-0736-4ca7-ac55-7140c8c4d9d2-150x150.jpg","user_url":"https:\/\/www.gregsatell.com\/%20","last_name":"Satell","first_name":"Greg","job_title":"","description":"Greg Satell is an international keynote speaker, adviser and bestselling author of Cascades: How to Create a Movement that Drives Transformational Change. His previous effort, Mapping Innovation, was selected as one of the best business books of 2017. You can learn more about Greg on his website, GregSatell.com<\/a> and follow him on Twitter<\/a>.\u00a0\u00a0\u00a0 \u00a0"}],"_links":{"self":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/2001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/users\/622"}],"replies":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/comments?post=2001"}],"version-history":[{"count":5,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/2001\/revisions"}],"predecessor-version":[{"id":36410,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/2001\/revisions\/36410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media\/4195"}],"wp:attachment":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media?parent=2001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/categories?post=2001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/tags?post=2001"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=2001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}