Digital transformation – through software, cloud computing, and connected devices – is significantly changing how companies in every sector operate.
Digital transformation means “tech” policy issues are issues for every company, big or small, in every economic sector, across the globe.
Today, BSA launched the Digital Transformation Network (DTN), bringing together a group of leaders across industries to keep pace with the quickly changing tech regulatory environment. As part of our launch, BSA released a new primer, “Digital Transformation: A Look at Where We Are and the Promise of What’s to Come.”
We’re excited to launch this initiative with an incredible group of charter subscribers. Abbott, American Express, Amgen, AT&T, Citi, ExxonMobil, General Motors, IKEA, Lumen, Mastercard, Medtronic, Panasonic, RELX, United Airlines, Verizon, and Visa have all joined the Digital Transformation Network and we look forward to announcing additional companies in the coming months. This wide range of companies demonstrates a crucial point: across sectors, there is a pressing need for insight into global policy debates on issues including privacy, artificial intelligence, cyber and data governance, and for more connections with other companies undergoing digital transformation.
Our new report on the current state of digital transformation illustrates the need for more insight and more connection. Most enterprise organizations now have company-wide digital transformation strategies, according to recent research from the International Data Corporation (IDC). And the scale of these changes will create change in almost every industry:
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- In retail, AR and VR offerings will create a more engaging and interactive environment, and new tools will create seamless online experiences tailored to specific customers.
- In healthcare, digital solutions will create patient-centric and value-based outcomes that improve care and reduce costs.
- In manufacturing, software will reduce downtime and material waste, improve worker efficiency, and allow for collaboration across widespread organizations.
- In the smart cities of the future, physical infrastructure will mix with cutting-edge digital technologies to ensure safer communities and improve citizens’ quality of life.
As governments around the world seek to regulate the digital environment, policy intelligence will become increasingly important to companies navigating their digital transformations. To learn more about joining the Digital Transformation Network, visit www.dxnetwork.org.