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How the Pandemic is Accelerating Digital Transformation

The coronavirus pandemic and the need to avoid person-to-person interactions has pushed us further into a digital world. The crisis will have lasting effects on the way we work, do business and interact with each other.

How the Pandemic is Accelerating Digital Transformation

Up until now, companies have embraced digital transformation at an uneven pace and rate of success. A majority of companies have found it hard to follow through on their digital transformation efforts. According to research by McKinsey conducted prior to the pandemic, fewer than 30% of companies considered themselves successful at doing so. Yet today, the pandemic has left many organizations with little choice but to catch up.

Communication

The novel circumstances forced organizations based in physical offices to quickly put communication tools in place that enable all employees to carry out tasks efficiently from home. Demand for online conferencing software such as Microsoft Teams, Skype, Cisco’s Webex and Zoom has skyrocketed as organizations and employees adapt to new ways of working:

Image of: The Future of Work Looks Like Staying Out of the Office
Article Summary

The Future of Work Looks Like Staying Out of the Office

Telecommuting is a win-win-win for employers, workers and society.

Kate Cox Ars Technica
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Image of: 10 Rules of Professional Etiquette for the Digital Workplace
Article Summary

10 Rules of Professional Etiquette for the Digital Workplace

If you work remotely, use exceptional digital etiquette to build respect and a strong reputation.

Aaron Orendorff Lifehacker
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Image of: The Do’s and Don’ts of Online Video Meetings
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The Do’s and Don’ts of Online Video Meetings

Video conferencing from home doesn’t have to be daunting – for yourself or your colleagues.

Brian X. Chen The New York Times
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Image of: The Long-Distance Leader
Book Summary

The Long-Distance Leader

Leaders can create solid relationships with long-distance workers.

Kevin Eikenberry and Wayne Turmel Berrett-Koehler Publishers
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E-commerce

Companies that so far hadn’t considered e-commerce a viable platform for selling their goods and services have been prompted to put the necessary infrastructure in place to do so. Vice versa, businesses that already had a strong online presence had to up their game to compete with newcomers and address delivery bottlenecks. This is a time to remind ourselves of the unlimited potential of e-commerce:  

Image of: Five Ways Ecommerce Is Being Revolutionized Right Now
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Five Ways Ecommerce Is Being Revolutionized Right Now

To stay relevant, online sales platforms must adapt to new technology and consumer preferences.

Manish Dudharejia Econsultancy
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Image of: Shoppers Disrupted
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Shoppers Disrupted

To thrive in today’s retail market, business must provide seamless, “hyperpersonalized” shopping experiences.

Kali Kleena and Danny Edsal IBM
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Image of: Reengineering Retail
Book Summary

Reengineering Retail

Shaped by technology, the future of retail will blend digital ease and sense-stimulating reality.

Doug Stephens Figure 1 Publishing
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Image of: Digital Luxury
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Digital Luxury

Luxury brands are bringing that special something to the digital space.

Wided Batat SAGE Publications
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Image of: How Online Marketplaces Can Power Employment in Africa
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How Online Marketplaces Can Power Employment in Africa

Online marketplaces can transform the African economy and society for the better.

Patrick Dupoux, Lisa Ivers, Amane Dannouni, Zineb Sqalli and Guy Ngambeket The Boston Consulting Group
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Education

As students from kindergarten to university are making forays into digital learning, educators accustomed to traditional classroom settings may come to recognize the advantages of integrating digital learning options more consistently into school curricula. Likewise, university and continuing education students eager to continue their classes from home may be positively surprised by how “real” the class experience of online learning can be. The coronavirus crisis may indeed create many new digital learning converts.

Health Care

An explosion in demand for online doctor consultations has paved the way for the widespread adoption of telemedicine. Furthermore, tech companies are working on contact tracing apps that could help contain the future spread of coronavirus once stay-at-home orders are lifted.

Meanwhile, the need to find a COVID-19 treatment in record time has prompted tech companies and researchers to make their research data accessible to AI researchers and their algorithms. By cross-referencing papers and searching for patterns, AI algorithms might help discover new possible treatments or find an existing drug that can be repurposed to treat the novel coronavirus.

Find out more about how technology is revolutionizing health care:

Image of: 7 Amazing Ways Artificial Intelligence Is Used in Healthcare
Article Summary

7 Amazing Ways Artificial Intelligence Is Used in Healthcare

Will your future doctor be a machine?

Alex Gray World Economic Forum
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Image of: Will Quantum Computing Transform Biopharma R&D?
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Will Quantum Computing Transform Biopharma R&D?

Biopharma R&D leaders should start preparing now for a quantum-enabled future.

Matt Langione, Jean-François Bobier, Chris Meier, Sebastian Hasenfuss and Ulrik Schulze The Boston Consulting Group
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Image of: The Cure for Cancer Is Data – Mountains of Data
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The Cure for Cancer Is Data – Mountains of Data

Inadequate information cripples medicine, but big data could change everything.

Mark Warren Wired
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Image of: Will Quantum Computing Transform Biopharma R&D?
Article Summary

Will Quantum Computing Transform Biopharma R&D?

Biopharma R&D leaders should start preparing now for a quantum-enabled future.

Matt Langione, Jean-François Bobier, Chris Meier, Sebastian Hasenfuss and Ulrik Schulze The Boston Consulting Group
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Image of: Researchers rush to test coronavirus vaccine in people without knowing how well it works in animals
Article Summary

Researchers rush to test coronavirus vaccine in people without knowing how well it works in animals

As COVID-19 spreads around the world, a fast-tracked vaccine brings both hope and ethical concerns.

Eric Boodman STAT
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Government

Vulnerable population groups that are most at risk of developing severe symptoms of COVID-19 may choose to conduct their government businesses from home – from renewing an ID document to casting their voting ballot. Here a glimpse of what e-governance might look like in the future:  

Cybersecurity

Alas, the explosion in online activity has also led to a spike in online-based fraud, forcing companies and individuals to ramp up cybersecurity:

Image of: The Art of Invisibility
Book Summary

The Art of Invisibility

A cybersecurity expert offers step-by-step instructions for protecting your privacy online.

Kevin Mitnick Little, Brown & Company
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Image of: How to Prepare for the Cyberattack That Is Coming to Your Company
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How to Prepare for the Cyberattack That Is Coming to Your Company

A hacker just breached your company’s cybersecurity. What should you do?

Alex Pentland, Stuart Madnick, Shoaib Yousu and Michael Coden World Economic Forum
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Image of: Click Here to Kill Everybody
Book Summary

Click Here to Kill Everybody

Internet security expert cites the risks when everything connects to the web, but nothing is secure.

Bruce Schneier Atlas Books
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Image of: Beyond Cybersecurity
Book Summary

Beyond Cybersecurity

Prepare your company for an inevitable cyberattack.

James M. Kaplan, Tucker Bailey, Derek O’Halloran, Alan Marcus and Chris Rezek Wiley
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The coronavirus crisis has prompted a shift in people’s relationship with, and attitude toward, technology. Rather than “disrupt,” digital tools enable us to carry on business-as-usual under extraordinary circumstances. Online communication tools turned out to be much easier to use than technophobes had expected. Meanwhile, the deployment of AI in the race to save lives will serve as a powerful example of the potential of AI to do good. Digital transformation is no longer an abstract buzzword – more people and organizations are now ready to embrace it.


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