Link: Does Your Company Have an AI Strategy, Really?

“A global survey of more than 3,000 executives by the Boston Consulting Group and MIT’s Sloan Management Review found that 84 percent of respondents believe AI will enable them to obtain or sustain a competitive advantage, 83 percent feel AI is a strategic priority for their businesses today, and 75 percent are counting on AI to open opportunities for new businesses and ventures.”

Also, a generalized set of questions for thinking through what AI stuff to do and strategize about in the enterprise.
Original source: Does Your Company Have an AI Strategy, Really?

Link: Is the internet good or bad for society? Americans are having a tougher time deciding.

“The percentage of people who think the internet is good for society is shrinking. Roughly 70 percent of American adults who use the internet believe it’s mostly good for society, down from 76 percent in 2014, Pew found.”

And:

“About 64 percent of online adults over 65 say the internet has been “a mostly good thing for society,” Pew wrote. In 2014, that number was 78 percent.”
Original source: Is the internet good or bad for society? Americans are having a tougher time deciding.

Link: Whoa, Gartner drops a truth bomb: Blockchain is overhyped and top IT bods don’t want it

“In its annual survey of IT leaders, the analyst firm found that just 1 per cent are already using blockchain and only 8 per cent plan to experiment with it in the short term.

“In contrast, a third of the 293 respondents said they had no interest in blockchain, and a further 43 per cent said they had no action planned but the tech was “on the radar” – hardly surprising given that it’s thrown into just about every product announcement going.”
Original source: Whoa, Gartner drops a truth bomb: Blockchain is overhyped and top IT bods don’t want it

Link: Digital is a long-term objective, CEOs warned

“If you remember the shift from WAP banking to app banking – this took eight years, and it was a relatively superficial change. But a deeper change to the product and services of your business can take 10 or more year – some will even take 15 years. The risk for business leaders is that some people believe you can do it in three years.”
Original source: Digital is a long-term objective, CEOs warned

Link: The Sorry State of Digital Transformation in 2018

Organizations talk a lot about transformation, but their actions don’t always back it up:

“To find out the state of digital transformation, we surveyed 1,600 business and IT decision-makers in North American and European enterprises. The answer? Sorry, I’m afraid. As you can see from the picture below, 21% of firms think their transformation is dusted and done. Really? Done? And another 22% are investigating or not transforming at all. And while 56% of firms are transforming, their level of investment and scope of transformation are still mostly small. For example, only 34% of banks and insurers are even bothering to transform marketing and only 45% are transforming customer care — a too-small percentage given consumers’ of mass adoption of mobile devices.

“Why? As one respondent put it, “It’s a war between old-school technophobe leaders and the technology innovation that represents a completely different way of doing business.”
Original source: The Sorry State of Digital Transformation in 2018

Link: Modeling the future enterprise: people, purpose, and profit

“One answer is in a straightforward metric—how new technologies like cloud, cognitive, mobile, IoT, mobile, etc., impact industries via the gross domestic product (GDP) by industry by region. Looking at the improvement opportunities in healthcare, energy, government, and the supply chain, among other domains, IDC has identified $18.5 trillion in annual economic value add by 2020. That’s a 25% increase in global GDP.”
Original source: Modeling the future enterprise: people, purpose, and profit

Link: Insurers go all-out on mobile, but what comes next is elusive

“74% of Canadians begin their insurance research journey online, with 25% of those using a smartphone only. Further 61% of this segment will immediately abandon a broker’s website if not considered mobile-friendly, and a full 50% of Canadian consumers believe that if a company does not have a mobile website it does not care about that customer’s business”

Better have a mobile app.
Original source: Insurers go all-out on mobile, but what comes next is elusive