The beginning and the renaissance of digital revolution

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The beginning and the renaissance of digital revolution

Tweet From the beginning of the 21st century, historians will remember a profound change in the economy: This revolution is of the same magnitude as the industrial revolutions of the nineteenth century, or the invention of printing at the beginning of the Renaissance - but over a much faster timeframe.

And this is only the beginning. However, this development is not taking place at the same speed in all industries. Even Kodak had ten years to see the approaching wave of the digital camera that ultimately engulfed them.

And Kodak has also demonstrated that you can deliberately ignore an iceberg lying straight in your path. In the nineteenth century, there was the first industrial revolution which created productivity gains without challenging the structure of Society, followed by a second industrial revolution, fromwhich deeply affected this structure by upsetting the cities and the very foundation of social organisations in all Western countries.

In the same way, we have had a first digital revolution - a spectacular one, but one which did not challenge the structure of society. Here is the second.

The first digital revolution is ending All organisations are equipped with e-mail, web, mobile, and information systems ERP … which have become standards: All advertisers have understood that no marketing campaign could ever be conceived without a digital dimension, and indeed the paradigm has become reversed: This has profoundly changed the relationship with the consumer.

The beginning and the renaissance of digital revolution

All retailers have understood that consumers get information on the Internet before they come to the store to buy, and vice versa: They have also realised that faced with giants like Amazon, there is no choice but to excel in the customer experience.

The vast majority of players have adapted and completed this first step or if not completed, are rushing to catch upbut this is not enough to differentiate them or protect them from emerging players.

This first stage destroyed some jobs, created others, and changed some hierarchies, but it did not cause a significant social upset. The second digital revolution has already started What if this first step was only the tip of the iceberg? What is now at hand is much more significant for the economy: A revolution made possible by digital tools that have considerably opened the field of technological innovation An exponential increase in the rate of data production, the vast majority of which is unused.

Those organisations whose data scientists will manage to make a difference will make considerable progress. Millions of young entrepreneurs are launching startups with very low costs and lofty ambitions.

They move very quickly because they have resources for only a limited time and are often de facto subjected to a race against their competitors. They trust collective intelligence by sharing their data and issues with their entire team in order to increase their involvement and contribution to their resolution, and decentralising their organisations, often inspired by Holacracy.

Statistically, some succeed by shattering value chains and powerfully shaking the established actors: At this rate, they will probably be 20 times more numerous in To remain competitive, established players also have no choice but to match the speed of these new entrants.

And there are startups born in virtually every field of activity, because almost all value propositions can be revisited. How can large companies address this second revolution? Large companies have considerable resources and know-how. They also have tens or hundreds of thousands of employees to accompany them in this indispensable transformation.

This is the recipe for their success: An open, motivating, relaxed, and strong work environment Organisation: Transparency of management and objectives of everyone OKR Massive consideration of user behavior via methods such as design thinking. Ultimately, this involves many collaborations with customers Very short development cycles, fast project pivots Openness to innovation through strong collaborations with startups and other innovative organisations, numerous ventures through Corporate Venture Capital and acquisitions Obviously, these five key success factors are essential.

A majority of organisations are still working exactly the way they did 20 years ago Offices often remain closed, with pyramid structures and agendas overloaded with long meetings.

It takes another three months to do what a startup does in three days, and some large IT projects take three years to complete. Meanwhile, there is not much collaboration with startups.Change is still very much a part of our lives at the beginning of the 21st century.

It’s just that the sheer pace of societal and technological change we are experiencing is disorienting. From History to our Digital Revolution. ePrimer™ Changing Times: From History to our Digital Revolution 7 Related Interests. The Digital Revolution has revolutionized technology, warfare, and communication, very similarly to the Industrial Revolution.

In essence, the Digital Revolution is a more modern version of the Industrial Revolution, and it's even able to be considered a successor or a continuation of the Industrial Revolution, though roughly years later. GTR Essays Series on the Digital Railway launched - From the Industrial Revolution to the Digital Revolution.

Range of contributors from across industry, including the Department for Transport, Network Rail, Siemens, the Digital Catapult and Transport Focus “With the new Thameslink beginning its phased opening this month, Britain will.

Without the invention of numbers, we wouldn’t have real agriculture —or civilization. Amir Alexander reviews “Numbers and the Making of Us” by Caleb Everett.

This revolution is of the same magnitude as the industrial revolutions of the nineteenth century, or the invention of printing at the beginning of the Renaissance - but over a much faster timeframe. And this is only the beginning.

Somewhere in the transition between the two, the hominid, the first manlike species, emerges. By virtue of his nature as a toolmaker, man is therefore a technologist from the beginning, and the history of technology encompasses the whole evolution of humankind.

The Digital Revolution and the beginning of New Media Art, Studio International