Blockchain is a shared, unchangeable ledger that eases the process of maintaining transactions & stalking assets in a business network
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The Internet of Things, or IoT, refers to the billions of physical devices (with an on/off switch) that are now connected to the internet, all collecting & sharing data.
Industry 4.0 introduces a new era known as Industrial Revolution 4.0. It combines advanced production techniques, operational strategies, and smart digital technologies to create a digital venture.The characteristics of this venture include autonomy, interconnectedness, and the capacity to analyze, communicate, and utilize data for intelligent actions in the physical realm. It involves integrating smart, connected technology into organizations, assets, and individuals, and is marked by the emergence of novel capabilities.
Digital twins are virtual representations of physical systems, processes, or products. They provide organizations with the ability to simulate, analyze, and optimize their operations. While digital twins offer several advantages, such as increased productivity, improved operational efficiency, and cost reduction, they also present certain challenges that organizations need to address in order to fully capitalize on their potential.
Big data refers to datasets that are huge & complex which include structured, Unstructured & semi-structured data. Data Science & Big Data Analytics space is placed to reach over $273 Billion & companies like Amazon, Microsoft & Google are so soundly invested in not only gathering data but enabling data for the enterprise.
Digital Transformation tools are applications, websites, or other online resources that can facilitate the completion of tasks.
These 10 essential skills to keep you relevant in the ever-changing digital industry:
1. A Focus on Digital Marketing Analytics
2. Focus more on sharing live video on social media
3. Content Planning
Information security can be defined as the prevention of unauthorized access or alteration of the time of storing data or transferring it from one source to another.
A blockchain is a decentralized, scattered, and public digital ledger or database. Which includes records called blocks that are used to record transactions across a network of computers. Once a record has been added to the chain it cannot be reversed
The term “digital transformation” can be defined as adopting the digital technology for the transformation of services for businesses, by either replacing the non-digital or manual processes with digital processes or replacing the old technology with the latest one. Here is the list of 10 steps for successful digital transformation strategy are: