Digital Disruption: Are you ready for the Leap Ahead?

1.   What is Digital Disruption  DIGITAL DISRUPTION is questioning traditional models and new technologies are  transforming several industries such as healthcare, logistics, and healthcare.  Whether it is big data, cloud and ​IoT connected platform technologies​, give  customers seamless experience, ease of access, pricing models, and near real time  integrated service.  All these technologies offer businesses and large enterprises to cope with digital  disruption the key to a variety of new business models, each of which could unlock  significant value-generation opportunities.  Here are some of the key questions companies need to  work through:  What technologies should be used and typical use cases?  What existing investments should be considered strategic?  ● ● There is no straight answer that applies in such scenario. However, one thing is clear  that in the internet era technologies can mature and evolve rapidly, so it’s  worthwhile to ponder whether you are delivering the right capabilities to deliver  right results.  Here is how industrial digital transformation shaping 

2. Logistics  As the digital disruption continues to innovate different industries, the supply chain  and logistics industry does not remain untouched. Digitizing operational processes  with ​logistics software solutions​ helps remain competitive. But logistics companies  also need to understand the value and businesses opportunities that emerging  technologies bring about.  Blockchain​ allows extremely secure data distribution to improve shipment  visibility and provides much needed reliability into the sale and movement of  international cargo.  Augmented reality will revolutionize ​Warehouse and Logistics IT Solutions​,  handling costs won’t be competitive and lead to margin decrease.  The future years are banking on self-driving cars, with industry giants such as  Google, pioneering product development. What makes such driverless cars  concept a reality is the harmonious blend of technology like sensors, speed  control, GPS, and pre-programmable routing with Automotive. Experts are  hopeful that this could help cities optimize their Transportation Management  Systems and provide for a safer, more efficient driving environment.  ● ● ● As an example, in Australia, the 1,000-store retail chain Just Group was able to  simplify and expedite its stocktake process with the aid of a world-first,  Bluetooth-enabled technology system. This allowed the company to sweep off its  twice-yearly stocktake faster by reducing the overall time that it needed to keep the  stores closed. This new process was called RapidStocktake, which won Logistics &  Materials Handling magazine’s 2011 Information Management Award.  Healthcare  Healthcare is one of the fastest growing industries and going by volatile nature of  change, transformation in this sector is taking place as the industry takes a leap  forward to the trillion dollar segment. While the transformation is considered to be  driven by fundamental shift in expectations of all patrons, it is important to redefine  their value as a measure of health and well-being.    While it is crucial for organizations to build the characteristics for a more  coordinated and robust healthcare system, it becomes highly crucial to deliver  cost-effective and a robust digital solution. Healthcare industry has the possibilities  to be a Game Changer in the social-economic development across nations  worldwide.    Mobile solutions for the healthcare sector is emerging as a natural extension of the  new generation of healthcare systems and medical facilities worldwide. From 

3. building secure messaging ​mobile app solution to integrating IT platforms​ that  connects members of the patient care team – this can play a crucial role in driving  the healthcare industry.    Internet has transformed the way healthcare industry functions, as patients and  healthcare providers are now more accessible to each other courtesy websites.  Patients can now seek every information from hospital infrastructure to treatment  options including medical experts, which earlier was a real challenge for the sector  struggling with accessibility.    Mobility brings in limitless opportunities for businesses willing to create a  competitive edge for themselves in the healthcare sector. However, this calls to  compliance with certain characteristics that providers should bear in mind.  Automobile Industry  Technology is poised to play a crucial role for the automotive industry, as more and  more companies are harnessing the power of sophisticated technology to address  the competitive pressure and to meet customer expectations on quality and cost.  Technology has also empowered the industry to cater to consumer demands like  improved navigation courtesy GPS, and features that enhance entertainment  including satellite radio and in-car access to digital music.    Automotive manufacturers are no longer delivering robust products, but are  currently catering to nuanced customer needs by implementing automotive  connectivity.    Vehicle drivers have always wished for parking spots to be reserved in advance,  automatic toll collections (sans toll gates) and shorter travel times with reduced  congestion. The inclusion of connectivity and M2M (Machine to Machine) solutions  are making automotive more aware and responsive to changing contexts – allowing  the car to connect with its driver.    Travel safety is a major concern for the industry cutting across geographical  barriers. There have been a growing demand for the use of voice-based, hands-free  devices pickups that could reduce the rate of distracted-driver-related accidents.     A recent EU regulation makes it mandatory for all cars to have an in-built emergency  call facility (in the form of M2M call facilities) that automatically sends distress  notifications to response teams – cutting emergency response times by half and  potentially reduce road fatalities.   

4. Insurance providers can also benefit from in-car connectivity by tracking a driver’s  usage patterns. The monitoring of driving habits, safety protocols and car conditions  can then help determine premium charges on a case-by-case basis.  Automotives eventually could operate as personal computers, with many  manufacturers enabling Google voice based applications within cars. With  manufacturers developing their own proprietary networks – such solutions could  effectively turn out to be key market differentiators for many industry players.  Finally  Digital disruption is the new way ahead. It is all about taking a new leap ahead with  emerging technologies. Ask yourself this: Is your enterprise ready for the change?  The confederacy of digital age tools with real-life processes brings forth informal  and formal ways for individuals to learn about each other’s capabilities and  backgrounds.    There exists a wide array of processes from random dialogues to directed  collaboration like crowdsourcing in order to earn input from staff, customers or  others, which is a highly streamlined activity. There also arises strategic solutions,  like new products, or in the rapid mobilisation of an expert group in the face of a  crisis.    Acquiring an extended range of views helps the organisations lower the risk and  identify multiple opportunities. A business that is governed by reliable information  plans for the future on how each of the dataset might or will affect its decisions.  They do not wait and see the data then deciding how to react.