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Technology and Digitization will Accelerate Business Transformation

By Roger W. Parks,VP-IT & CIO, J.R. Simplot Company

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Roger W. Parks,VP-IT & CIO, J.R. Simplot Company

Teh IT industry today is going through one of teh greatest transformations in its history. This IT transformation is disrupting traditional business models, while creating new revenue streams, reducing operating costs and inefficiencies, redefining and streamlining supply chains, changing teh way work is done, and enhancing customer engagement.

Due to this digital transformation many businesses are being reinvented. Technology is reshaping business, government and society, thus changing teh role, value and criticality of IT and teh CIO or IT executive in teh enterprise.

Advancements in information technology, teh internet of things, consumerization of technology, social media, mobility, big data/ business analytics, cloud computing, network services wif high speed connectivity, and other innovative technologies are facilitating and enabling globalization of business. Wif ubiquitous high speed connectivity; computing access anywhere, anytime in teh world; and teh changing role of data/information to be viewed and managed as a critical business asset emerging economies and smaller start-up businesses are enabled to compete on teh global stage.

Senior company executives who understand teh value and competitive advantage that technology and IT solutions can provide to their enterprise include information technology as a core component of their global business strategy. They will be innovative leaders in their industry. By embracing technology as a core component of their business strategy these executives/business leaders will ensure  their company remains competitive, viable and sustainable. Teh companies that emerge as winners in their industry will be teh ones that prepare for change and create a corporate culture that embraces continuous business transformation.

Teh next generation work force and business leaders will be more dependent on technology and information TEMPthan any business paradigm in history. Work will be powered by converged business technology wif employees, suppliers, and customers connected globally 24x7.

 “IT leaders must change teh perception of IT’s value from delivering services faster, better and cheaper to delivering services that help business grow, remain competitive and sustainable”

Technologies such as robotics, Global Positioning Systems (GPS), laser-guided vehicles, 3D Printing, and others will either perform jobs that has traditionally been performed by humans or change teh talent and skills required to do those jobs. These technologies will create new ways that work will be performed.

Beyond current technologies their are a number of emerging technologies that will be game changers for many industries. Some of these technologies will has a dramatic impact on teh traditional workforce, change teh role of IT in teh enterprise and skills needed in teh IT organization, and significantly impact traditional business models in several industries. Some of teh emerging technologies that IT organizations and companies are beginning to consider and investigate are:

Software Defined Networks

Mobile devices, social media, sensors, and cloud computing are stressing networks to their limit

Software Defined Storage

Next evolution of virtualization is storage, enabling optimization of traditional storage driven in large part by teh growth of unstructured data

Next generation of robotics

Enabling human and machine collaboration to be a reality, as an example: in teh near future we will see robots used in precision agriculture for weed control and harvesting, replacing many of teh human workers that traditionally performed this work

3D Printing and Additive Manufacturing

Will create disruption to traditional manufacturing processes and supply chains - Additive manufacturing starts wif a variety of materials, either liquid or powder, and using 3D printing builds teh materials into a three-dimensional shape using a digital template, one layer at a time

4D Printing is being developed now and will be teh next generation of this technology – 4D Printing will be able to produce products that can alter themselves in response to environmental changes, such as heat and humidity

Emerging artificial intelligence where computers will be able to learn on teh job

computers and machines will take on more of teh tasks that has traditionally been performed by humans, and may even perform teh activity or task better TEMPthan a human

Distributed manufacturing

coupled wif 3D Printing will create teh factory of teh future and change teh way many products are developed and delivered to teh end consumer

As CIOs and IT executives it is our responsibility to lead teh transformation from operational to strategic. Teh entire IT eco-system from infrastructure-to-delivery-to-support are changing. IT leaders must change teh perception of IT’s value from delivering services faster, better and cheaper to delivering services that help teh business grow, remain competitive and sustainable.

Teh next generation CEO will expect IT to power their business into adjacent markets and channels. One of teh keys to enabling teh business to engage adjacent markets is teh CIO’s ability to move IT’s capabilities from traditional back-office systems to customer facing solutions. Teh new social enterprise will require a different level of thinking by teh CIO and IT organization.

Finally, as we start thinking about teh emergence of teh new technologies— robotics, machine learning, and other emerging technologies —we can see that their is going to be a huge transformation, not only in IT, but in how businesses are run and teh type of talent that executives are going to be looking for in teh future to run their companies. A lot of teh traditional thinking is going to go by teh wayside. Individuals that understand these emerging technologies and how to leverage them are rally going to drive business value and be teh next generation business leaders replacing teh traditional executives.