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Digital Transformation

2021 Predictions: 5 Technology Trends in the Year Ahead

In 2020, the acceleration of digital transformation quickly emerged as a top priority for many organizations as they grappled with the business impacts of an unexpected pandemic and raced to adapt to a new reality. As businesses begin to pivot out of the shadows of COVID-19 in 2021, what will this new reality look like? What new technology trends will emerge? Our executives shared their personal predictions for the year ahead: 1. The End User Era: Architects Will Rise in IT Purchase Power

Accelerating the Build-Out of Digital Platform in the Public Cloud

In this Kong Summit 2020 session, we will cover the architecture and approach we used to build out our digital platform at Goldman Sachs by leveraging Kong’s API gateway to implement a secure ingress controller for all digital channels, including private/public API and web interfaces. We will discuss how we integrated Kong’s API gateway with AWS native services to implement mTLS, observability and container runtime, as well as share our operational experience of running resilient API workloads in production.

Digital Transformation: What Does It Mean for Small and Medium-Sized Businesses?

Small and medium-sized businesses (SMBs) are the lifeblood of the economy: according to Deloitte, companies with fewer than 500 employees represent 99.7 percent of all businesses in the U.S., and employ 48 percent of the private workforce. Yet despite their sheer numbers, SMBs don’t have access to the power, budget, and resources that larger organizations can wield, particularly when it comes to digital transformation.

Digital Transformation: What Does It Mean for Developers?

Businesses of all sizes and industries are increasingly turning to digital transformations in order to make smarter, data-driven decisions, thereby gaining a competitive advantage over their competitors and better serving their customers. Yet as more and more companies adopt this forward-looking stance, what’s the role of developers in this new world of digital transformation?

Digital Transformation: What Does It Mean for Different Industries?

Digital technologies have been advancing at a breakneck pace, and companies are taking advantage in order to beat their competitors and better serve their customers. According to the 2018 “State of the CIO” report, 40 percent of IT budgets are now allocated for the express purpose of digital transformation regardless of industry. What’s more, 70 percent of companies say that they either already have a digital transformation strategy, or they’re working on putting one into place.

People-Powered Digital Transformation

Digital transformation is one thing. Getting people involved is another. Right now, there’s a disconnect between the culture of digital transformation that companies say they aspire to create and the organizational behavior they actually have, says Lisa Heneghan, Chief Digital Officer and a member of the Executive Committee of KPMG, UK. But here’s the good news: Organizations that invest in bridging the people gap will benefit the most from innovation, according to Heneghan.

Digital Transformation Challenges Organizations Need To Overcome

In recent years, Digital Transformation has become a strategic priority for organizations. Significant investment has been made across many companies to create strategic and organizational capabilities that enable them to compete in the contemporary digital arena. However, it is not trivial; organizations face numerous challenges in their digital transformation journey. There is no panacea, and the combination of tool and process choices can make or break an operation.

How to Achieve Successful Digital Transformation

Today’s business world is relentless, and competition is intense. The digital landscape is continually shifting across many industries, creating an unprecedented demand for companies to innovate, experiment, and deliver capabilities faster. A robust digital transformation process speeds up business activities, competencies, and models while providing as much value as possible to customers. However, organizations must be cautious in their digital investment strategies.

What Are the Elements of Digital Transformation?

If the elements of digital transformation weren’t a priority for organizations before COVID-19, they’re at the top of the agenda now. According to Statistica, post-COVID digital transformation spending has skyrocketed in 2020 with an expected 10.4% increase by the end of the year. As the pandemic continues, businesses are facing remote team challenges and pressure to increase operational efficiency. Therefore, the trend toward digital transformation is likely to continue.