The single most important message we’ve been trying to get across in all of our previous blog posts is that Digital Transformation processes are not linked to technology itself, but to the manner in which we use this technology to boost business (cost saving mechanisms, revenue, customers, etc.). Technology is a tool that must be used to its fullest potential, but properly. Investing in technology just for the sake of it or doing it without having previously assessed its impact and the return on the investment, is useless spending.
3D printing, also known as direct digital manufacturing or additive manufacturing, has come to revolutionize every sector of industry; at the design level, building prototypes and even serial production, producing fully functional parts for the most demanding of applications quickly, cheaply and accurately.
Corporations can generate large volumes of data through the products and services they offer to their customers. Analyzing these data appropriately can provide very useful information for optimizing and improving the services offered and even generating new products and services. In short, good data analysis can give a corporation clear competitive advantages.
During the last few years, the blockchain technology has been closely related with Bitcoin, because it’s the main engine to verify the transactions. Nowadays Blockchain could be applied to many other solutions in the market.
As a brief introduction, blockchain is a technology based on blocks of information (group of transactions) that must be verified by many entities/users and, once it’s validated, it is added to the chain with other blocks building what is called ‘the blockchain’. A transaction should not only be understood as an exchange of a specific cryptocurrency (Bitcoin, Ethereum…), it covers many other items as contracts, records, confidential data verification…
We should all be in agreement that technological change in our society and the globalized world is becoming more palpable with each passing year. Technology is not only the source of acceleration of the change, but it is also in itself changing and evolving in leaps and bounds.
If 2017 saw how technology use and the digital transformation began to be visible as a key aspect in all sectors, then 2018 will see that visibility begins to increase.
It needs to stop being a cost center and start taking an active role in the business with a significant impact on the organizational´s results.