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Based on a conference discussing the challenges of the Digital Age, educators and professionals in the field of telecommunications explored the promises and pitfalls of broadband digital communication The author begins by outlining in a way, the history of media, from his earliest memories of receiving a magazine in the mail to the present, digital broadband communication, and how new technologies shaped the industry.
The pressure itself is apparently coming from all quarters as well, as the responses were evenly balanced between all stakeholders (lines of business, the C-suite, customers, etc.) However, rather significantly, zero respondents said that digital transformation was not a focus for their company this year.
In sync with these changes, consumer expectations are increasing as well, putting additional pressures on financial executives to deliver services in alignment with what is by the most progressive eCommerce giants like Google, Amazon, Facebook and Apple.
The global community needs to come together and agree on common principles if our society is to reap the benefits and hedge the risks of these technologies,” said Dr Bernard Meyerson, Chief Innovation Officer of IBM and Chair of the Meta-Council on Emerging Technologies.