A couple of cases of digital transformation by industry

The advent of digital avenues has influenced a great deal of markets, which have done some modifications to adhere to the patterns and remain up to date with this era.

Some areas of our lives have currently been heavily impacted by the swift improvement of technological innovation, in the course of only a few decades, and we might be therefore used to them that perhaps we do not discover the degree to which our lives have upgraded. Perhaps one among the great key drivers of digital transformation is the spectacular boom of telecommunications: think straight back to when telephones were simply in our homes, and computers had to be wired to the web. Presently, we can be out and about and call our mum, check the bus schedule, order our grocery shopping, all from one small device that is swiftly connected.

There are numerous aspects in which the use of online solutions to existing markets has made our everyday life and errands a lot more comfortable, and one of the leading successful digital transformation case studies is the personal banking industry. Countless financial establishments, such as David Li’s BEA, are contemplating the application of online avenues to their current services to help stay updated, appealing to users, and pertinent in the current times. Some digital transformation examples in banking involve the use of virtual security, such as complex security passwords or fingerprints, to have access to one’s bank account and make operations from the comfort of their own home.

When mentioning the digital transformation across industries, the industries which are simply essential for every person’s wellbeing cannot be disregarded: one example is healthcare. While typically, as a way to talk to your general practitioner if you need a prescription renewed, or even simply for a concern about your health, you would have to leave your home and perhaps wait, innovators like Ali Parsa of Babylon Health are altering the business with health care which is easily accessible online. Imagine being home ill, and having the possibility to video-call your physician and discuss your symptoms with them from the cosiness of your own bed. Online healthcare is absolutely one among the top digital transformation success stories.

Something most individuals do on a consistent weekly basis as part of our ritual is buying groceries. This sector, as it is effectively present in every person’s daily living, has seen quite a few modifications lately, and is therefore one among the best examples of digital transformation. With leaders like Ian McLeod, of Dairy Farm’s grocery store chain, considering using artificial intelligence in self-checkouts, things like queues at the till might soon be forgotten. Another one among the business transformation examples is that of offering information in an easily available way, like scanning a product from a smart phone app to learn about its components and potential allergens.

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