Digital Transformation

Artificial intelligence (AI) and machine learning (ML) revolutionized computer science aiming to build devices and systems carrying out complex tasks, reason, learn, related and adapt autonomously. AI and ML are intertwined subjects benefiting from data to get new knowledge and skills and can be applied in healthcare, retail, banking, cyber security, accessibility and much more. The machine learning market size is expected to grow even up to $226 billion by 2030 considering a compound annual growth rate (CAGR) around 36%.

Companies need strategic data management approaches to guarantee data integrity, reliability and accessibility supporting decision-making processes. Data Fabric is the solution, an approach aiming to create centralized and secure data sources and facilitate cloud-based end-to-end data integration. Data Fabric overcomes traditional data management’s obstacles and offers advantages like high scalability, fast, easy and mobile-friendly access to real-time data and information and team collaboration improvement, especially for remote working environments, thus making a big step further to accelerate digital transformation.

In June 2023 the most important European bodies welcomed a political agreement for a new legal framework on EU Digital Identity Wallet. This agreement reformulates the eIDAS Regulation by introducing innovation through a secure and convenient digital ID mobile app, allowing trustworthy access to public and private online services for EU citizens, residents and companies. The work for the EU Digital Identity Wallet is already unfolding thanks to the Europe’s Digital Decade programme, with the development of four large-scale pilot projects and a wide digitilisation plan to make the whole Europe move big steps further in the digital transformation.

AI is playing as a game-changer in the world of work requiring workers to learn and train useful soft skills to best deal with technological change. They are cross-skills essential to leverage AI, characterizing a person’s mindset in terms of communication, creativity, ways of thinking, decision-making reasoning and forms of intelligence. The AI era will continuously ask workers and companies to pursue soft skills education and training as a relevant goal to lead innovation.

AI plays a key role in digital transformation era, which needs stronger and smarter Artificial Intelligence systems to achieve profitability benefits that simple automation can’t afford, such as complex data processing, predictive analytics and automated cyber security. AI ethics is fundamental too, concerning considerations about the overall development, deployment and use of AI applications. Leveraging AI being attentive to ethical values will surely be a crucial lever for organisations willing to drive innovation, create and retain a competitive advantage.

Hybrid cloud computing is a flexible, versatile and efficient mixed computing model based on a combination of public and private cloud services and on-premise infrastructures. Hybrid cloud computing supports and accelerates business digital transformation, providing companies with solid guarantees in terms of security and control over sensitive data while increasing cost optimization, resources management, data recovery and availability of in cloud services and applications.

The European Commission welcomes provisional political deal on EU Digital Identity Wallet. This represents an important step towards the introduction of Europe’s first trusted, secure and convenient digital identity mobile app. It will allow all citizens, residents and businesses to have trustworthy access to public and private cross-border online services all over Europe, marking a key goal for Europe’s Digital Decade programme.

Supercomputing is a form of high-performance computing capable of solving extremely complex problems and calculating massive data blocks by processing all the information through powerful networks of parallel computers. Supercomputing is used in several scientific fields that require an in-depth data elaboration and analysis, such as natural, industrial and medical sciences. Supercomputing is based on supercomputers, technologically advanced computing machines with impressive high level performances. The main features of supercomputers regard the high-speed operation and the huge main memory capacity, due to the use of effective and efficient parallel processing, providing a high degree of accuracy in problem solving and data elaboration. The implementation of supercomputing within companies can be a key factor to drive and accelerate digital transformation, especially for what concerns the main technologies of our era like cloud-based environments, artificial intelligence and blockchain. Supercomputing in digital transformation can produce very positive advantages, like the reduction of long term costs and processing time and the general improvement of organisational quality and performances within a company.

The metaverse is a shared, persistent and immersive 3D dimension where users can experience the Internet in ways they couldn’t before and overcome some borders about the limits of physical world.

Digital transformation entails both challenges and opportunities for companies. The key to success is having a strategy based on a solid framework.