A few cases of digital transformation by industry

As we enter a new digital age, numerous industries that we interact with in our everyday life have had to conform to internet platforms and instant solutions.

There are numerous aspects in which the application of online solutions to existing industries has rendered our day to day life and errands much more comforted, and one of the leading successful digital transformation case studies is the personal finance sector. Numerous financial establishments, such as David Li’s BEA, are considering the application of online solutions to their current services in an effort to stay updated, appealing to clients, and pertinent in the current times. Some digital transformation examples in banking involve the use of virtual safety, such as complex security passwords or fingerprints, to have access to one’s bank account and make operations from the cosiness of their own home.

Some parts of our lives have already been heavily impacted by the swift development of technological innovation, in the span of only one or two decades, and we may be therefore accustomed to them that possibly we do not realise the degree to which our lives have improved. Perhaps one of the great key drivers of digital transformation is the amazing innovation of communication: think right back to when telephones were just in our houses, and computers had to be wired to the web. Today, we can be out and about and call our mum, search the bus timetable, order our grocery delivery, all from one little device that is swiftly connected.

When referring to digital transformation across industries, the industries which are essentially vital for every person’s wellness cannot be disregarded: one example is health care. While typically, in order to talk to your family doctor if you require a prescription renewed, or even only for a concern about your health, you would require to leave your home and probably wait, innovators like Ali Parsa of Babylon Health are transforming the industry with healthcare which is available online. Imagine being home unwell, and having the opportunity to video-call your physician and go over your symptoms with them from the comfort of your own bed. Online healthcare is absolutely one of the top digital transformation success stories.

Something most individuals do on a normal weekly basis as an element of our ritual is food shopping. This sector, as it is essentially found in every person’s daily living, has seen quite a couple of modifications lately, and is therefore one among the best examples of digital transformation. With forerunners like Ian McLeod, of Dairy Farm’s grocery store chain, considering utilising artificial intelligence in self-checkouts, things like queues at the till might soon be forgotten. Another one of the business transformation examples is that of offering information in an easily accessible way, like scanning a product from a mobile phone application to learn about its components and potential allergens.

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