Most people picture AI and machine learning when they think of ‘digital transformation’. While these initiatives do have exceptional promise for many companies, the pathway to gaining benefits from them can be costly and uncertain. In reality, AI and machine learning are tools to enable businesses to achieve the final 10% of maturity in their operations.
Part 1 of our ‘Getting started with 4.0 digitisation blog series' outlined how to assess your current state, identify what you want out of digitisation in relation to key business drivers, and develop a technology roadmap/digital strategy.
“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction.”– Bill Gates.
A decade or so ago, there was a popular game show called The Weakest Link. At the end of each round the host of the show would acerbically remark to the contestant with the lowest score: ‘You are the Weakest Link. Goodbye.’
The mantra ‘do more with less’ is to the noughties what ‘greed is good’ was to the eighties. Departments in every industry are constantly being asked to refine their processes in order to maximise output and reduce variability.
The future has arrive! It feels as though you can’t watch or read anything in the technological sphere without this near-hysterical phrase being uttered. And if not uttered, then implied.
There are a few things in life that you can rely on. Wash your car and it will rain so heavily that you wished you owned a boat instead. A mullet looks good on approximately 0.003% of the population.
Back in the day, decisions that would deeply affect civilization were made with nothing more than some goat entrails, some odd looking rocks or in some very special cases, the close observation of cheese.