- April 28, 2022
- 55 Views
Do you know what digital transformation with AI is and how it can impact your business?
Organizations today are under pressure to digitally transform to stay competitive. This digital transformation is driven by advances in technology, particularly artificial intelligence (AI). The role of AI in digital transformation is changing the way organizations operate and interact with customers and employees.
However, many organizations are not yet ready to take advantage of AI. They may not have the right data, the right infrastructure, or the right talent. Additionally, they may not have a clear understanding of how AI can be used to improve their business.
This guide will help you understand what AI is and how it can be used to digitally transform your organization. It will also provide some key considerations for getting started with AI.
Table of Contents
What is Digital Transformation and AI?
Do you know the digital transformation market revenue in the US is predicted to reach 490 billion by 2025?
Digital transformation is the process of using digital technologies to create new or different business processes, products, and services. This can be done to improve efficiency, performance, and competitive advantage.
AI is a type of technology that is driving digital transformation. AI involves using computers to do things that would normally require human intelligence, such as understanding natural language and recognizing patterns.
Difference Between Digitalization and Artificial Intelligence
Digitalization is the technique of converting information into a digital format. On the other hand, Artificial intelligence is the branch of computer science that deals with creating intelligent machines that can work and react like humans.
Businesses can use digitalization to process and store data more efficiently. It can also be used to improve communication and collaboration among employees. Whereas, Artificial intelligence can be used to create and interpret text, images, and video. This technology can help make decisions based on data.
Also, digitalization can be used to create 3D models and simulations. AI can be used to create realistic images and videos. Finally, digitalization can be used to create virtual assistants. AI can also be used to create chatbots.
What Are the 4 Key Areas of Digital Transformation?
The 4 main areas of digital transformation are-
1. Process Transformation
The first and most obvious area of focus for digital transformation is process transformation. This is the realm of business process management (BPM) and enterprise resource planning (ERP) systems. The goal here is to use technology to automate or at least improve existing business processes.
2. Business Model Transformation
The second focus for digital transformation is business model transformation. This is about using technology to create new ways of doing business or to enable new business models.
This could be something as simple as going for mobile app development to sell goods and services directly to consumers, or it could be something more disruptive, like going for blockchain development to create an entirely new type of marketplace.
3. Domain Transformation
The third focus for digital transformation is domain transformation. This is about using technology to transform an entire industry or sector. An excellent example of this is how Uber used smartphone technology to create a new category of transportation services.
4. Cultural or Organizational Transformation
The fourth and final focus for digital transformation is cultural or organizational transformation. This is about using technology to change the way people work or change the culture of an organization.
A good example of this would be using social media to create a more open and collaborative culture within an organization or using analytics to empower employees to make data-driven decisions.
Each of these areas presents its own challenges and opportunities. Organizations will need to carefully consider which areas are most important to their business and how AI can improve their operations.
Read more: dApps is another revolutionary name in the world of digital transformation
How Can AI be Used for Digital Transformation?
AI can help in several ways to digitally transform your organization. Some common use cases include:
1. Improving Customer Experience
AI can be used to personalize the customer experience and provide recommendations. It can also automate customer service tasks, such as handling customer queries. With AI, organizations can provide a better customer experience while reducing costs.
One of the examples is Amazon go store, where customers can just walk in and pick up what they want and leave without having to go through a traditional checkout process.
2. Enhancing Employee Productivity
AI can be used to automate repetitive tasks and provide employees with real-time feedback. This can free up employees' time so that they can focus on higher-value activities. Additionally, AI can help create a more personalized and engaging work environment.
For example, Artificial Intelligence can be used to monitor employee performance and give them feedback in real-time. This can help employees to stay on track and improve their productivity.
3. Driving Operational Efficiency
AI can streamline processes and make organizations more efficient. For instance, it can be useful for scheduling meeting times, routing deliveries, and managing inventory. Besides, it is possible to predict maintenance needs and optimize energy usage with AI.
Using AI, an organization like UPS could save millions of dollars by rerouting its drivers using the shortest possible route.
4. Creating New Products and Services
AI can be used to develop new products and services. For example, it can be used to design personalized experiences, create new marketing campaigns, and develop new business models.
Organizations can also use AI to create entirely new products and services. For example, IBM has developed a Watson-powered app that helps doctors diagnose and treat cancer.
5. Improving Decision-Making
With AI, organizations can make better and faster decisions. It is a great innovation for a business analyst who needs to go through tons of data to find the needles in the haystack.
Currently, AI is being used by a number of organizations to improve their decision-making. For example, Google uses AI to improve the accuracy of its search results.
6. Enhancing Security
Digital transformation with Artificial Intelligence can help organizations to enhance their security. Businesses can use AI to monitor their systems for malicious activity and protect against cyber attacks. Additionally, AI can be used to authenticate users and authorize access to data.
7. Reducing Fraudulent Activities
With AI, businesses can reduce the incidence of fraud. For example, banks can use AI to detect suspicious activity and prevent fraudsters from accessing customer accounts. AI can also be used to verify the identity of customers and flag any potential fraudulent activity.
How to Get Started With AI?
Digital transformation with AI is a powerful tool that can help organizations improve their operations, better serve their customers, and create new products and services. However, before embarking on a digital transformation using AI, it is important to ensure that your organization is ready. The following are some things to consider:
- Do you have the right data? In order to use AI, you need to have access to quality data. This data will be used to train the AI models and enable them to make decisions. If you do not have the right data, your AI project will likely fail.
- Do you have the right infrastructure? In order to use AI, you need to have the right infrastructure in place. This includes things like computing power, storage, and networking. If you do not have the right infrastructure, your AI project will likely fail.
- Do you have the right people? In order to use AI, you need to have the right people on your team. This includes people with the technical skills to develop and operate AI systems, as well as people with the domain expertise to understand how AI can be applied to your specific business problem.
- Do you have the right culture? In order for AI to be successful, you need to have a culture that is open to change and willing to experiment. AI projects can be disruptive, and they often require organizations to change how they do things. If you do not have the right culture, your AI project will likely fail.
Final Thoughts
That is all for today! Digital transformation is a hot topic, and AI plays a big role in it. In this article, we have seen how AI can be used for digital transformation. However, for better results, it is important to understand your business goals and how AI can help you achieve them.
If you are not sure where to start, we recommend that you seek help from an experienced AI development company. They can help you identify the right use cases for your business and develop a custom solution that meets your specific needs.
About Author
You May Also Like
Blockchain and Web Development: The Intersection of Security and Trust
Blockchain technology and web development are two powerful innovations that have the potential to transform our world. While they may appear distinct, they share similarities and can work together to
Revealing Starbucks Marketing Strategy and What You Can Learn From It?
We all know that Starbucks is one of the most recognized coffee chains worldwide. It has over 24,000 stores in more than 70 countries. But why is Starbucks successful, and what marketing techniques do
What Makes Flutter Ideal For Cross-Platform App Development? - A Complete Guide
Table of Contents 1. What is Flutter? 2. Why Choose Cross-Platform Development? 3. Why is Flutter the Best Platform to Make Cross-platform Applications? 4. How Much Does it Cost to
How is Metaverse Presenting New Possibilities for Healthcare Businesses?
In the augmented reality world, the metaverse concept has gained significant attention. It represents the convergence of physical and virtual spaces, providing users with a platform to interact and en
9 Things Users Want from a Mobile App
The mobile app market has grown to a staggering size, with over 1.8 million apps available in the Google Play Store and Apple App Store combined. Mobile apps have become a necessity for peop
Top 7 Blockchain App Development Ideas to Boost up Business
Want to establish a new business or improve an existing one? You should consider using blockchain technology Being a distributed database, Blockchain allows for secure online transactions. This techn
How to Build a Food Delivery App like Glovo? Everything you should know!
Have you ever found yourself in a situation where you desperately needed a product or service but didn't have the time or energy to go out and get it? Well, fear no more because on-demand delivery app
Why Your Business Should Invest in Custom Web Applications?
Is your business still relying on off-the-shelf software solutions that don’t efficiently meet your unique business requirements? If your mind instantly says yes, then let’s explore why in
Building a Food Delivery App: Your Ultimate Step-by-Step Guide
The food delivery application has innovative, game-changing features that will transform the industry from the bottom to the top. According to Statista, the online food delivery market in the UAE has
What Is DeFi? Guide to Decentralized Finance
Decentralized Finance (DeFi) is a modern and evolving region of finance that is less centralized and more open to innovation and collaboration. DeFi enthusiasts laud its prospect of disrupting convent
Healthcare Mobile App Development: A Complete Tutorial
The healthcare industry is one of the most rapidly changing and growing industries worldwide. Mobile devices and apps have drastically changed how providers and patients interact and communicate.So, i
ChatGPT: Unlocking A New Wave Of AI-Powered Conversational Experiences
Table of Contents 1. What is ChatGPT? 2. What Are the Top Benefits of ChatGPT? 3. How Does ChatGPT Work? 4. Challenges With ChatGPT 5. ChatGPT and the Future of AI 6. Final Thoug
How To Start A Streaming Service Like Disney Plus?
Over-the-top (OTT) platforms like Disney Plus, Netflix, and Prime Video have gradually captured attention as traditional TV-watching methods have faded. Throughout the year, OTT platforms have created
A Complete Guide to Implement AI and Machine Learning in Your Existing Application
When it comes to developing an app, there's a lot to consider. Not only do you need to create a user-friendly interface and design, but you also need to make sure your app is able to meet the demands
The Benefits of Integrating AR and VR in E-Learning Platforms
Imagine a classroom where history comes alive in the 3D model of historical events. Biology students can explore the unique complexities of a cell as they have practiced it with real-world examples, a
What are the Benefits of Using Digital Technology in Mobile App Development
With the ubiquity of smartphones and tablets, it only makes sense that mobile app development - which is the process of creating applications for smartphones and tablet devices - is becoming more popu
How to Develop a Video Conferencing App like Zoom?
Depending on what niche you’re in, video chat apps are becoming increasingly common in the world of business and technology. Whether it’s a small startup company or a multinational corpora
5G Launch Will Revolutionize the Mobile Industry: Know How!
Prime Minister Narendra Modi eventually launched 5G in India at the 6th edition of the IMC (India Mobile Congress). Reliance Jio and other telecom organizations documented the various use cases of 5G
Healthcare App development Cost & Time in 2024: Comprehensive Guide
Over the past decades, the healthcare sector has continuously expanded its wings, moving from traditional to advanced technological processes. This evolution is driven by the sector's unwavering commi
iBeacon App Development - Key Challenges And Amazing Tips
Technology is proliferating with the advancement of time. The introduction of smartphones has changed the whole scenario right from communication to shopping. Users are now able to shop without moving
How to Make Learning Engaging through Gaming Technology?
What if you can combine the fun of gaming and the educational value of learning? This is an idea that has been gaining popularity in recent years as technology advances. There are several challenges
How to Build HIPAA Compliant Healthcare Apps: Everything You Should Know!
If you’re in the healthcare industry, then you know that data privacy and security are of utmost importance. In order to protect patients’ information, the Health Insurance Portability and
Top 10 Reasons to Invest in Gaming App Development
The gaming industry is proliferating with the advent of smartphones and PCs. Every age group, from children to adults, is well-engaged and fond of online gaming. The rapid evolution of mobile gaming a
How to Build an International Money Transfer App?
The introduction of online payment applications has changed how people perform financial transactions. A mobile phone with a banking app lets you quickly resolve various financial matters.
How is Metaverse Impacting the Future of eCommerce?
Lately, the tech world has been abuzz with talk of the Metaverse, a groundbreaking concept that promises a shared virtual space where people can interact and engage with one another. This futuristic i
Unveiling Top App Prototyping Platforms that You Must Use in 2022
When it comes to mobile app development, one of the most important things you need to consider is the prototyping process. This will allow you to create a working model of your app so that you can tes
Node.JS 19 is Available! Here is What You Need to Know
The launch of Node.js 19 is now available! It substitutes Node.js 18 as the current launch line, with Node.js 18 being encouraged to long-term support (LTS) next week. What do these two launches mean
Top 5 Blockchain Development Companies in UAE
The United Arab Emirates (UAE) is flourishing as the hub for blockchain technologies, transforming the digital ecosystem and having a forward-thinking government to maintain its competitive edge. Gove
How to Build a Fintech App - Everything You Should Know!
With the advent of technology, the financial industry has experienced a massive transformation in the past few years. Fintech applications have revolutionized the way we manage and invest our money.
How to Build a Taxi App Like Uber or Careem? Everything You Should Know!
Gone are the days when people used to wave down a taxi on the street or wait for one at the airport. With the advent of technology, people can now book a taxi with just a few taps on their smartphones
Steps to Keep in Mind To Build Your Next Gaming App With Zero Coding!
Do you want to build a simple app for your business? Do you want to create an app that enhances the experience of users who play games on their smartphones? Whatever your reason, I have created this g
How Much Does It Cost To Build A Streaming Service – A Step By Step Guide
The rise of online video streaming services has revolutionized the entertainment industry, prompting businesses worldwide to explore the possibility of launching their own platforms. With giants like
How To Design A Social Media App and Features that Make it Popular?
Social media apps are all the rage these days. People use them to connect with friends and family, to learn about new products and services, and to stay up-to-date on the latest news. But as popular a
How to Launch a Metaverse Casino Game Like Blackjack 21- A Detailed Guide
The world of gaming is rapidly evolving, and the latest buzzword is "metaverse." The term refers to a virtual world where users can interact with each other and digital objects in real time, using imm
Everything You Need to Know About Android 13 Beta 4
Google released Android 13 beta 4 to the public, and with it comes a slew of new features and updates. In this article, we'll walk you through everything you need to know about the latest version of A
Benefits of NFT Gamification To Transform Gaming Industry
In recent years, the gaming industry has seen a surge in popularity, with many gamers turning to online gaming platforms and console games in order to escape reality. With so many people playing video
iOS App Development Guide for Business
Businesses these days are looking to have an edge over their competition by having a strong online presence. A website is not enough anymore, and many companies are turning to mobile apps as a way to
Flutter vs. React Native: Which One is Better for Mobile App Development?
The two hottest frameworks in the mobile app development world are Flutter and React Native. They’re both cross-platform solutions that allow you to write code once and deploy it to Android and
Benefits and Use of Blockchain Technology in the Banking Industry
Picture this: a world where traditional banking transforms into a cutting-edge, efficient, and transparent system that leaves everyone in awe. Blockchain, often met with skepticism and uncertainty, is
The Ultimate Guide to MVP Development
As the world of startups becomes increasingly competitive, building an MVP is crucial for entrepreneurs looking to test their ideas and launch successful businesses. By creating a minimum viable prod
A Guide to Blockchain App Development
Blockchain technology has been a hot topic recently due to its potential to revolutionize various industries. Blockchain is a distributed ledger technology that ensures transparency, security, and dec
Top Tech Trends That Will Define the Next Decade of Business
By 2024, we all know that technology will be the future. What excites me the most is that technology has covered all the dimensions of businesses, enabling them to attain their potential and efficienc
Why Does Your Business Need a Food Delivery App and How to Get Started?
Businesses after COVID are going through several changes, and the food industry is no different. Restaurants that have been doing dine-in are now struggling to keep up with the demand for delivery and
Unveiling the Types of Blockchain Projects Reigning the Decentralized Economy
As blockchain technology continues to evolve, so too does the landscape of projects built on its foundation. The worldwide Blockchain market is predicted to expand at a CAGR of 42.8% (2018-2023), dire
A Guide on How to Hire a Team of Remote Developers
Hiring a team of remote developers can be a daunting task, but it doesn't have to be. With a little bit of planning and the right approach, you can find the perfect candidates to build your dream prod
Top 5 AI Examples That We Use in Our Daily Life
You’ve likely heard the term “Artificial Intelligence” or AI until now—It’s 2024. But have you ever paused to consider how deeply AI has woven itself into the web of our
Guide to Design Mobile App in 2022 | Everything You Need to Know
Are you looking to design a mobile app in 2022? Well, mobile application development is an ever-changing field, and it can be hard to keep up with the latest trends and best practices. But w
Create a DeFi Staking Platform in 2023: A Complete Tutorial
DeFi is a new kind of investment that’s taking the world by storm. So what is it? Essentially, DeFi is a digital asset class that allows you to invest in cryptocurrencies and other digital asset
WWDC 2023 Overview: A Glimpse into Apple's Future
An extensive background working in Tech, Travel, and Education Industries. Currently involved in entire business operations process: Benefits strategy and implementation, systems integration, Human Re
The Rise of Progressive Web Apps (PWA): Enhancing User Experiences
In today's digital world, businesses must keep up with ever-increasing consumer expectations and find new ways to engage their audience. That's where Progressive Web Apps (PWAs) come in. PWAs are a r
How To Create A Money Transfer App? Everything You Should Know
Nowadays, the financial industry has encountered massive digitization, and mobile apps play a significant role in it. There are a wide variety of money transfer apps available, catering to the needs a
Voice User Interface (VUI): Designing for Voice-Enabled Web Experiences
Imagine a world where you can speak your thoughts and desires, and the digital realm responds promptly, seamlessly integrating into your daily life. Whether you want to search for information, contro
Top 11 Advantages Of iOS Application Development For Your Business
Mobile applications play a vital role in the development of multiple businesses in this digital world. Most companies are investing in iOS app development to strengthen their market appearan
Top New Blockchain Technology Trends to Follow in 2023
Picture this - a world where business transactions are seamless, secure, and transparent. This might have seemed like a distant dream before the advent of cryptocurrencies and blockchain technology, b
Healthcare App Ideas that Will Help You Succeed in 2022 and Beyond
As we head into the future, more and more people are looking to find ways to improve their healthcare. And with good reason - healthcare can be expensive, and it can be difficult to get the right care
Top Ways to Use Augmented Reality in Mobile Applications in 2022
Augmented Reality and Virtual Reality are the two leading buzzwords in the technology era. What began as a completely new, significantly different technology has rapidly revolutionized into something
Find Out How Our Clients Reviewed Us On Clutch
It's no secret that the digital world has transformed many aspects of our lives, and it is only going to continue changing in ways we can't even imagine yet. To help businesses keep up with this rapid
Dubai Rest App: Your All-in-One Solution for Real Estate Services
Did you know that Dubai's prime residential market is projected to experience the world's strongest growth in 2023? The Middle East is buzzing with opportunities, especially in the realm of mobile app
How to Create a Payment Gateway? Everything You Should Know
Are you aware that the world is going through a significant shift in the way we make payments? According to a recent report by Deloitte, the total value of digital payments worldwide is estimated to r
How to create the first gaming app in 2024?
Application development is essential to fostering business efficiency while accepting new changes. Depending on the specific requirements, 85% of businesses rely on software development solutions to s
Legacy Application Modernisation: What It Is, Why You Need It, And How To Do It?
Mobile app development is quickly becoming a necessity for businesses. As the world becomes increasingly digital, companies of all sizes rely on mobile apps to reach customers and increase customer en
Real Estate Mobile App Development: A Complete Guide
The world is digitizing at a very rapid pace, and in such a scenario, real estate businesses must also go digital to stay ahead of the competition. One of the best ways to digitize your business is de
Why Your Real Estate Business Needs Metaverse Apps: Comprehensive Guide
Things have changed dramatically over the years with new opportunities, techniques, and future advancements. Real estate is the best industry to invest in, though the procedure sometimes irritates. Me
How Can Wearables Influence Mobile App Development Future?
In the last few years, wearables have become increasingly popular. Fitness trackers, smartwatches, and even smart glasses are becoming more and more commonplace. And as the technology improves and bec
Digital Transformation With AI. Is your Organization Ready?
Do you know what digital transformation with AI is and how it can impact your business? Organizations today are under pressure to digitally transform to stay competitive. This digital transformation
Augmented Reality Trends of 2023: New Breakthrough in Alluring Technology
Technology has come a long way in the past decade, and augmented reality (AR) is one of the most exciting development fields. AR technology superimposes digital content into the real world, creating a
Latest Technology Trends That Trigger Android App Development Process
Do you run your own business and want to build an Android app? If yes, you must know about the latest technology trends playing a significant role in the android app development process. Technology i
What are dApps (Decentralized Apps) in Blockchain? Everything You Want to Know!
Blockchain iѕ a technology that enables thе creation оf digital property with a secure record оf ownership. It’ѕ the backbone of Bitcoin, thе firѕt аnd most well-known cryptocurrency. B