How is Technology innovation & Digital Transformation impacting human life?

How adaptable are you to rapid change?

The time has come when digital transformation is moving from being a nice-to-have compelling technology concept for many, to a business-critical must-have necessity for all.

Gartner and IDC both predict that in a multiplied innovation economy built on emerging technologies, both IT and business leaders must reinvent and redesign the IT organization, systems, processes, and workflows, to enable the enterprise to take advantage of the most powerful wave of digital transformation. We need to move the technology discussion from theory to implementation and adopt best practices from leading edge companies across the world in industries ranging from healthcare to food, manufacturing, financial services, retail, public sector, and the environment. It is not the strongest of the species that survives, nor the most intelligent-it is the one that is most adaptable to change.

In most cases, the actual technology is the easy part in the digital transformation journey. It is the continuous process improvement involving the efficient collaboration of people, processes, systems, and strategy, built on a strong foundation of technology.

Technology innovation making a difference

Let us discuss some of the ways technology innovation is impacting human progress. There are many examples where blockchain technology is transforming health records by making them more secure, easily accessible, verifiable, and shared. This ultimately puts patients more in control of their data and ensures that they receive more efficient, value-driven and timely care and assistance. This will enable patients and medical care institutions to maintain a single version of medical truth per patient, simplifying provisioning human care and reducing errors.

Training and Reskilling made easier

By 2024, baby boomers who currently fill skilled trade positions will hit retirement age, resulting in over 30 million vacant positions, according to a study by Adecco, USA. With a shrinking number of experienced employees available to train new generations, VR & AR become critical. Beyond time and cost savings for employers, virtual and augmented reality technology opens up skills training to those who may not have had access to it. It also makes the training more comprehensive and advanced and more conveniently delivered absorbed and implemented.

Marine simulators and flight simulators are examples of how this technology innovation is making a big difference in re-skilling and upgrading human capital. We’re moving faster and faster, and if you can’t quickly access information and train yourself to learn and execute, you’re going to fall behind.

Enabling widespread access to critical healthcare more effectively

Another example is how drones are saving lives by delivering once-unattainable, life-saving supplies, medicines, vaccines, blood and foodstuffs to underserved areas, shaving response times in the process. These airborne ambulances are making a huge impact in Tanzania, Rwanda and the US and literally saving lives. There is also a defibrillator drone delivery service that brings people in rural Nevada access to critical medical supplies and AED’s Automatic External Defibrillator), that will enable bystanders to begin administering care while waiting for paramedics to arrive. In this instance, seconds can make a difference between life and death.

For more details, please access the video interview I did, below:

Video Interview-How is Digital Innovation impacting us

For additional questions or to schedule a complimentary discussion on how you can leverage digital transformation to maximize potential and transform for a balanced, happier and impactful life, please email me at coach@maximizeu.life