Four Technologies to Help Your Business Through Digital Transformation

As the COVID-19 pandemic continues to impact businesses, digital transformation has become a major buzzword — but some people struggle to define it. Just put “what is digital transformation” into Google and the responses will range anywhere from having an online presence in the form of a website to the complete rethinking of how organizations use technology. 

While there is no definitive answer to this question, the meaning depends on how you plan to lay the foundation of digital transformation for your business. For now, let’s agree that it’s much more than just having a website, using a fancy CRM, or chatbots.

According to a recent business impact survey of the 373 IT professionals conducted by IDG Research, 59% of respondents said that there has been increased pressure for digital transformation post the pandemic. 

As global businesses and enterprises try to adopt digital technologies, they grapple with the challenge of upskilling both their teams and themselves to be abreast of the latest trends in  digitization.

To ensure that your business is creating a truly impactful digital transformation strategy, read on to learn how our Nanodegree programs can help you skill your employees in popular technologies and to scale your efforts. 

Digital transformation

Continue Reading

Laying the Foundation for Your Digital Transformation

Start Learning

Digital transformation is a concept that has become so mainstream it has morphed into a catch-all buzz phrase that, at best, is confusing. At its worst, it’s meaningless. Truth is, the idea is going to mean different things for different organizations. Think of digital transformation as being “in the eye of the beholder.”

Let’s agree on this much: It ultimately marks a radical rethinking of how an organization uses technology, processes, and people to evolve its business performance and eventually drive profitable growth and customer success. 

But again, digital transformation can be a proxy for a wide range of innovations and strategies as organizations try to stay on the cutting edge. In fact, it can be as much about how individuals work and the cultures of organizations as it is about technology.

So, how ready is your company as you embark upon this complex undertaking? 

There are some key areas that organizations must get right to ensure a successful digital transformation:

Continue Reading

EdTech Evolution: Recap Of Top 2019 Trends And Those Expected To Rule 2020

This article on EdTech Evolution first appeared in BusinessWorld here.

There is no doubt that education is the key to transform lives. But now that we are living in the age of digital technologies, we are quickly getting accustomed to seeing education itself being transformed by leaps and bounds. The coming up of new-age players in the online education space has innovated both the nature and quality of education, and it is just the beginning of EdTech evolution.

EdTech Evolution: Recap Of Top 2019 Trends And Those Expected To Rule 2020

Continue Reading

Top 7 sectors expected to drive digital transformation in India

It is no secret that digital transformation has been driving industry-wide disruptions for the past two decades, enabling businesses across sectors to achieve massive scale and growth. However, much of the economic potential still remains untouched by industries. As per MGI predictions, digitization holds the key to unlocking this potential, which will enable the global GDP to gain USD 13 trillion by 2030

In fact, various industry leaders believe that technology education — forms the foundation of digital transformation — can help double the world’s GDP. Riding on the back of AI, Machine Learning, Cloud Computing, Data Science, SaaS, IoT – the next wave of transformation is certainly going to require ample upskilling and reskilling.

Top 7 sectors expected to drive digital transformation in India

It is said that a rising tide raises all boats. To begin with, the transformation journey would be led by some sectors and the effects would then trickle down to other wheels of the economy. Here are some sectors which leading digital transformation:

Continue Reading

How companies need to think about the cloud and digital transformation

Enterprises are at a critical juncture: adopt and adapt technology to meet the 24×7 demands of customers, employees, and partners—or risk becoming obsolete. One of the primary shifts in responding to such demands is cloud computing.

As part of our Udacity Thought Leader webinar series, our very own Lalit Singh, COO at Udacity, sat down with Rahul Tripathi, the CTO and VP of Customer Success at Nutanix to discuss the challenges facing companies looking to embrace the cloud while remaining relevant in today’s competitive market. The conversation anchored on how the cloud is the foundational enabler of digital transformation and offers the scale and speed needed for businesses to grow.

Continue Reading

Navigating an Enterprise Level Digital Transformation

Digital transformation isn’t a clean and simple process. There is no one singular path when it comes to implementing digital transformation within a company. No one knows this better than Chris Hsu, who was the EVP and GM of HPE software business. He was also the Chief Operating Officer of Hewlett Packard Enterprise. After HPE sold the software business to Micro Focus, he became the Chief Operating Officer of Micro Focus. Chris joined our COO, Lalit Singh to discuss how companies can lead effective digital transformations in our latest Thought Leader Webinar Series.

Digital transformation marks a radical rethinking of how an organization needs to use  technology, people and processes to fundamentally change business performance, Chris Hsu stresses. “Frankly, in today’s day and age, I think that if you are living in old systems and processes, you will be disrupted.”

Fearful of being outflanked by more nimble competitors, companies are seeking to accelerate innovation, experimenting with new digital services and capabilities to augment existing offerings or to slide into adjacent markets. One of the first things companies should do in embarking on a digital transformation is answer this critical question: What business outcomes do you want to achieve?

“It starts with the business outcomes and the new business models you’re going after and working backwards from there,” says Chris Hsu. “There are a number of perspectives to consider including technology, data, and more than anything the people and operational side of the business.”

Companies can follow some key digital transformational tips to affect the kind of change they desire, including:

  • Focus on a clear set of objectives. Whether you’re transforming an existing model or starting from scratch, leaders must reach a consensus on the best path to pursue.
  • Adopt agile execution. Encourage risk taking, enabling even lower-level employees to make decisions, fail fast and learn.
  • Instill focus. Business leaders must recognize it  is a marathon, not a sprint. And in order to present and to be effective over a long period of time, leaders must be mentally and physically fit so they can focus.

While emerging tech and revamped processes are crucial, having the right skills on staff is essential to any digital transformation.

Software engineers, cloud computing specialists and product managers remain key roles for companies seeking to roll out new products and services. DevOps leaders galvanize software development by merging development with operations, enabling companies to continuously iterate software to speed delivery.

Data scientists and data architects are also in high demand, as companies seek to glean insights out of vast troves of data, and transformations lean increasingly on machine learning and artificial intelligence.

Companies can lag in digital transformations for several reasons, a few being poor leadership, disconnects between IT and the business, lagging employee engagement and substandard operations. But, according to Chris Hsu, “I think digital transformation, if you’re doing it correctly, should impact all parts of the organization. Digital transformation has the ability to flatten an organization, and to really start to streamline and remove those manual administrative processes that no one really loves doing, and creates the capacity for more customer-facing interactions,  for more innovation, and fundamentally more building of things.”

This is one webinar, you don’t want to miss. View it here.