While many companies were reportedly undergoing some form of digital transformation before COVID-19, it seems they were not far enough along their journey to respond effectively. At the outset of the pandemic, companies scrambled to look for IT equipment such as laptops and IT services like Zoom to get a grip of the new digital reality that came overnight. As the crisis unfolded, it became increasingly clear that those companies lacking a robust digital backbone or the ability to conduct their business online were struggling.
Over the past few months, Covid-19 has been credited as the driving force leading digital transformation for many companies. Organizations that were not already pursuing digital innovation have been thrust into the digital arena and forced to make rapid changes. Regardless of what their strategy looked like coming into 2020, today’s leaders are managing an accelerated pace of change as everyone seeks to serve customers in new ways.
Digital Transformation – This is beyond working from home.
The proliferation in working from home has brought new security challenges to the forefront that include attacks on not just businesses, but also government records, celebrities and coronavirus vaccine development data. In the healthcare industry alone, cyberattacks have increased by 150% within the last few months.
After reading Richard’s blog about large balloons in India, I felt the need to explore this topic a little further. A few years back I was on a business trip to Bangalore, and one night while in my hotel room reading the paper copy of the Bangalore times (a free paper left in my hotel…
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Bitcoin’s popularity among traditional investors has grown over recent months as governments and central banks take drastic measures to offset the economic damage wrought by the coronavirus pandemic. The bitcoin price, after rebounding strongly from a coronavirus-induced March crash, has been treading water for the last two months—despite a raft of seasoned investors announcing their intent to buy into…
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Digital Transformation – The past coming back to haunt us is a common theme in literature. Tales of fiction can explain a fundamental truth about business technology: What we did in the past has the power to determine our present and future. As is the case in gothic tales like Edgar Allan Poe’s “The Tell-Tale Heart,” when we try to bury the past instead of going back to make it right, it resurfaces when it is least convenient.
Gerrit Cole and Mike Trout have the highest salaries in the major league this year. The New York Yankees right-hander and Los Angeles Angels center fielder will each make $13,333,333 in a pandemic-shortened 60-game season. That is a prorated 37 percent of what would have been their full salaries of $36 million if COVID 19…
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For years, digital transformation has seemed like something mostly about computers and software and data. It is what companies undertake for the sake of things like IT agility, deriving new value from data, model software prototypes of physical goods, or improving business processes. While such technology endeavors are often critical to a business, it turns…
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NICE Investigate will help Nassau County’s law enforcement and criminal justice agencies automate digital evidence management processes and comply with new disclosure requirements Digital Transformation – NICE Investigate today announced that Nassau County, New York has signed a multi-year contract with NICE, on behalf of its Police Department and District Attorney’s (DA) Office, to deploy…
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