The Advantages of an Advantage in Digital Transformation

Those that lead are able to collect and analyze data that followers can’t. Think about the first climber to reach the top of the mountain, they have a new and different view slower followers don’t.  If you believe, as I do, that understanding data is the secret sauce of the digitally transformed enterprise, then having data not available to your competitors is a treasure!
Those that achieve digital transformation before their competitors will have advantages - and advantages have advantages. Not only do they have new experiences and new data to analyze and understand, they are able to develop and implement new strategies that make no sense to slower competitors without access to the new data.  The digitally transformed can act on data invisible to slower competitors.
Think about the data Apple was able to collect and analyze on their iPhone in the years before Blackberry responded with their first smartphone.  Apple was quickly moving on to improving smartphones and adding new features, while Blackberry was still trying to develop their first. Apple had a data enhanced view far different and more advantageous than Blackberry’s.
Data analyzed by slower competitors does not lead them to the same conclusions as faster and digitally transformed competitors. The data of slower competitors provides an out-of-date view of the market based only on the limited data they have access to.
Companies that digitally transform before their competition receive the benefits of what I call the A2s (advantages have advantages) phenomena.  Competitive advantages provide new opportunities, which provide their own new advantages.  It is a snowball effect where those that digitally transform early benefit from the A2s phenomena, and at an accelerating pace.
Opportunity costs, is a term economists use to describe the loss of potential gain from X investment, when Y investment is chosen.  When enterprises decide to respond slowly or not at all to a competitor’s digital transformation, the opportunity cost is the loss of the A2s phenomena and associated benefits.



Read Original Article on https://www.cognizant.com/futureofwork/article/the-advantages-of-an-advantage-in-digital-transformation
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Being A Star In Your Industry Is A Matter Of Digital, Analytics & Cloud Convergence

It is really amazing to think about how much technological innovation has transformed in the last few years. We have been dealing with the most extreme and serious changes due to the fact we experienced the mobile and digital transformation that started with the iPhone 10 years ago and Aloha Technology is helping enterprises to adopt it.

Digital, Analytics/ML ( and Big Data ) and Cloud Computing are different disruptors and also tech silos so far. Significantly these are converging ( and overlapping ) producing a fresh DAC space. These are significantly inseparable as every reinforces the other.
Digital is the signifies by which consumers deal with the environment and data is the by-product of this encounter.

Analytics – data science, machine learning, and AI – is exactly how we extort significance from the data and acquire information for action. The capability to notice meaning inside the facts is will no longer a nice-to-have yet a need-to-have. Adoption of predictive analytics and machine learning possesses noticed a massive rise. Almost any corporation is dealing millions of dollars in growing to be data powered. Forecasts, as well as prescriptive analytics, has transferred from the fringe of several companies doing it nicely to popular and Aloha Technology is helping them

“Big Data + ML + AI” has become the technical stack upon which numerous modern functions ( whether aiming for consumers, customers or members ) are now being developed. Data engineering and data pipelines possess developed significantly in the last decade. Some of the applications we are now seeing that big data and AI get together are really game-changing.


Cloud is reimagining how enterprises and consumers orchestrate, automate and also run applications, and how Digital and Analytics are delivered. Amazon Web Services ( AWS ) proceeds to develop by the absolute speed, continuing cost saving and breadth of its product or service generates. While AWS gets all the press, Google Cloud Platform is regarded as one of to observe in the next 18 months. GCP utilizes Google’s core system, data analytics (BigQuery, Dataflow, Dataproc, Datalab, Dataprep, etc . ) and machine learning ( Tensorflow ) which are impressive functions and also changing regularly.


An excellent example of a DAC organization is NetFlix. It is digital expertise, related to analytics ( personalization on steroids, A/B Testing of new features), and cloud-native architecture based in AWS.


The globe is “going DAC” also it’s quite fascinating — however, this always-connected from-everything-to-everywhere globe provides modern complication to software systems. Modern complexity signifies much more opportunity as chaos reigns.


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