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In what ways can Digital
Transformation make enterprises
more competitive?
In the digital world, everything must be
immediate, intelligent and intuitive. But
advances in technology don’t necessarily
mean faster, smarter and better. Today, time
is still in short supply and productivity growth
is stuck in the slow lane. By intelligently
connecting humans, machines and data,
enterprises can boost productivity. They
can bring new services to market faster,
ideally acting on the moment, to enrich
and monetise customer experience, while
operating ultra-efficiently.
With the right architecture and automated
network operations and analytics, enterprises
can achieve even more. Enabling machines
and humans to do what they each do best
creates time for what matters most. These
days life happens in digital time.
How can Nokia help enterprises begin
their Digital Transformation journey?
We know that Digital Transformation
promises a lot. Most of the companies in
our industry are in the process of some sort
of Digital Transformation. According to a
study made by Forbes, on a global basis,
enterprises are expected to spend about
US$1.3 Trillion on Digital Transformation.
However, the sad truth is that 70% of their
projects fail. This is an expensive proposition!
With 70% of them falling short of their stated
goals, that is a US$900 billion miss. One can
say that this is a massive mismanagement.
This is the time when we collectively must take
a step back and look at what we are doing and
find a way to increase our success rate.
For that we should look at the 30% of the
projects that succeed. What do they have
in common? They move in digital time, with
a corporate wide approach to digitalisation,
without fear of disruption. They are bold.
They also have a thoughtful approach to
digitisation. For that reason, we should not
talk about Digital Transformation but rather
Digital Reinvention.
This involves getting rid of the notion of
transformation entirely. Digital leaders don’t
transform slowly. They reinvent quickly. They
do it by:
www.intelligentcio.com
Henrique Vale, Head of Nokia Software for
MEA at Nokia
“
BY INTELLIGENTLY
CONNECTING
HUMANS,
MACHINES
AND DATA,
ENTERPRISES
CAN BOOST
PRODUCTIVITY.
1. Setting a clear digital ambition
2. Having a clear e2e design point
3. Launching smart pilot projects that go
beyond providing new technology and
rather aim at exploring new ways of
working. Such pilots are important as
they provide the opportunity to either
succeed or quickly fail
4. Then scaling successful projects with the
newly created knowledge from the pilot
INTELLIGENTCIO
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