Digital Transformation using AI

and Emerging Technologies

Term IV Elective
Session 1
Agenda
• Introduction
• Course Modalities
• Digital, Digitization and Digitalization
• Towards the Digital Future
• Digital Business Dimensions
Introduction
How did we get here?

https://www.youtube.com/watch?v=fbcMPGyPr8k
A peek into the future…..
Conceptual Advances Occur about twice a Century

1853 1913 1969 2005 2025 2081

Rapid
Adoption
Distributed
Textile Railway Auto ICT Intelligence NanoBiotech

1800 1853 1913 1969 2005 2025

1771 1825 1886 1939 1977 2015 Introduction of

Technology

Industry 4.0

Industrial Revolution Information Evolution

[** Source: Norman Poire, Economist]

Objectives of the course
• What separates businesses that manage to adapt and
thrive in a digital world from those who fail?
• What capabilities do they build in order to become
digital masters?
• In the process of mastering digital, how do these
companies respond to the changing forces in the
competition landscape?
• What stages of transformation do they go through?
• How do these companies leverage technological
developments such as AI and Emerging Technologies?
 Course Modalities

More of a facilitator than an Philosophy: Evaluation:

instructor
“give a human a fish and you feed them for a day, End Term Exam: 30%
teach a human to fish and you feed them for a Mid Term Exam: 20%
lifetime” Project: 15%
Term Paper / Group Presentation: 20%
Class Participation: 15%
Some important points
• Groups Formation for Projects (15%) and In-class case presentations (20%)
• Total 10 groups to be formed (7-8 students per group)
• Project Write-up to be submitted within one week from the End Term Exam
• Post that: each day delay will remove 3% out of the total 15%
• No further extensions will be given.
• All are expected to read the assigned cases
• Class Participation Marks: When a group is presenting, students from other groups will be called at random to ask
their question (why question) – the student asking is expected to know the answer. All students of the presenting
groups are expected to play an active role in presenting and answering the audience questions.
• Project – Each group is expected to come up with a topic related to a particular emerging technology and explore
its opportunities and challenges in the digital context, explore some of the companies that have adopted it and
write a 10 page (excluding title page, table of contents and references) report. Plagiarism to be kept below 5%.
Bringing Digital into context
• Fortune 500 companies 1955 to 2015 – 12 % remain
• Today Life of a firm – 15 to 20 years
• Dow Jones index top players: Apple, Alphabet, Microsoft, Amazon, Facebook
• Companies who took advantage of Digital
• Digitization is critical for businesses in every industry, everywhere
• Right time to embark on digital journey…….
What is Digital?

…………electronic technology that generates, stores, and processes data in terms

of two states: positive and non-positive

Positive expressed as 1 and non-positive expressed as 0

What is Digital?
• Digital  Conventional ICT + Disruptive Technology
 [ IT + CT ] + DT

• Currently, top 5 DTs are: I, S, M, A, C

• Is your organization harnessing them?

• Emerging DTs include Robotics, AR/VR, RPA, Artificial

Intelligence (AI/ML/DL), Blockchain, 3D Printing,
Quantum Computing, etc.
What is Digital?

Digitization: Digitalization: Digital Transformation

Converting something non-digital
to digital
Enabling, improving and changing
business operations, functions or
activities
Utilizing digital technologies and
digital data to create managerial
resilience and actionable
knowledge
Requires both digitization and
digitalization
Focus is on whole organization and
large-scale
Involves radical re-design of
business models, processes and
competencies
Thank you.