{"id":4170,"date":"2018-11-28T06:43:52","date_gmt":"2018-11-28T11:43:52","guid":{"rendered":"http:\/\/flevy.com\/blog\/?p=4170"},"modified":"2020-12-21T20:33:10","modified_gmt":"2020-12-22T01:33:10","slug":"conquering-digital-transformation-the-technology-ecosystem","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/conquering-digital-transformation-the-technology-ecosystem\/","title":{"rendered":"Conquering Digital Transformation: The Technology Ecosystem"},"content":{"rendered":"<p>We are living in a Digital Age. A robust <a href=\"https:\/\/flevy.com\/browse\/business-document\/digital-transformation-strategy-2249\">Digital Transformation Strategy<\/a> is today\u2019s organization\u2019s corporate <img decoding=\"async\" class=\"alignright wp-image-4171 size-medium\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Technology-Ecosystem-pic1-300x196.jpg\" alt=\"\" width=\"300\" height=\"196\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Technology-Ecosystem-pic1-300x196.jpg 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Technology-Ecosystem-pic1-768x501.jpg 768w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Technology-Ecosystem-pic1.jpg 898w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>armaments in remaining competitive.<\/p>\n<p>Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the <a href=\"https:\/\/flevy.com\/browse\/business-document\/digital-transformation-integrated-business-ecosystems-3440\">4 critical Business Ecosystems<\/a>.<\/p>\n<ol>\n<li>Customer Solutions Ecosystem<\/li>\n<li>Operations Ecosystem<\/li>\n<li>Technology Ecosystem<\/li>\n<li>People Ecosystem<\/li>\n<\/ol>\n<p>In this article, let us focus on the <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-technology-ecosystem-3447\">Technology Ecosystem that enables Digital Transformation<\/a>.<\/p>\n<h2><strong>The Technology Ecosystem<\/strong><\/h2>\n<p>The <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-technology-ecosystem-3447\">Technology Ecosystem<\/a> is the enabling ecosystem. It includes the IT architecture, the interfaces, and the digital technologies.<\/p>\n<p><a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-technology-ecosystem-3447\"><img decoding=\"async\" class=\"alignnone wp-image-4156 size-full\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer.png\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer.png 1024w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer-300x225.png 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/11\/Business-Ecosystem-Primer-768x576.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>The <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-technology-ecosystem-3447\">information technology architecture<\/a> is the critical background for enabling and implementing new technologies across the organization.\u00a0 Interface links the IT architecture to the user through the integrated platform, human machine interfaces, user experience designs, data networks, and integration layers.<\/p>\n<p>Digital Leaders who have master the Technology Ecosystem clearly understand how specific technologies can drive the component of competitive advantage \u2013 speed, flexibility, customization, and efficiency.\u00a0 As such, Digital Leaders have gained great momentum when it comes to digitization<\/p>\n<h2>Taking a Look at the Global Digital Leaders<\/h2>\n<p>Digital Leaders have implemented, piloted, and planned a great number of <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-technology-ecosystem-3447\">critical Digital Transformation technologies<\/a>. Taking these steps have resulted to achieving greater benefits in terms of bottom lines.<\/p>\n<ul>\n<li>With greater investments in technology, Digital Leaders can anticipate a 17.2% growth in revenue compared to only 9.5% of what Digital Novices can expect.<\/li>\n<li>Asian companies have introduced digital products and services at a much faster rate. As a result, Asia-Pacific (ASPAC) they can expect a 17% growth in digital revenue over the next 5 years. This is compared to 13% of EMEA companies.<\/li>\n<\/ul>\n<h2><strong>The Growth of Artificial Intelligence (AI)<\/strong><\/h2>\n<p>In the next 10 years, <a href=\"https:\/\/flevy.com\/business-toolkit\/artificial-intelligence\">Artificial Intelligence<\/a> is expected to push global economy to high growth and economic gains will be derived from various technological advances.<\/p>\n<p>AI is a computer system that can sense the environment, think, learn, and take actions in response to stimuli. To date, Digital Leaders have started investing heavily in Artificial Intelligence.\u00a0 This will further enhance established value chain connections and strengthen Digital Leaders\u2019 capability to manage the flow of big data.<\/p>\n<p>In the next 5 years, it is expected that digital revenue of Asian Digital Leaders will further grow thus widening the gap between Digital Leaders and Beginners. \u00a0It is about time that companies must see the large potential of AI. With AI, it is not far that ASPAC companies will lead the way to digitization.<\/p>\n<p>Interested in gaining more understanding on <a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-technology-ecosystem-3447\">Technology Ecosystem<\/a>?\u00a0 You can learn more and download an\u00a0<a href=\"https:\/\/flevy.com\/browse\/flevypro\/digital-transformation-technology-ecosystem-3447\"><u>editable PowerPoint about\u00a0the <strong>T<\/strong><strong>echnology Ecosystem\u00a0of Digital Transformation<\/strong> here<\/u><\/a>\u00a0on the Flevy documents marketplace.<\/p>\n<h2>Do You Find Value in This Framework?<\/h2>\n<p>You can download in-depth presentations on this and hundreds of similar business frameworks from the <a href=\"https:\/\/flevy.com\/pro\/library\">FlevyPro Library<\/a>. <a href=\"https:\/\/flevy.com\/pro\">FlevyPro<\/a> is trusted and utilized by 1000s of management consultants and corporate executives. Here&#8217;s what some have to say:<\/p>\n<blockquote><p>&#8220;My FlevyPro subscription provides me with the most popular frameworks and decks in demand in today\u2019s market. They not only augment my existing consulting and coaching offerings and delivery, but also keep me abreast of the latest trends, inspire new products and service offerings for my practice, and educate me in a fraction of the time and money of other solutions. I strongly recommend FlevyPro to any consultant serious about success.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Bill Branson, Founder at Strategic Business Architects<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 David Coloma, Consulting Area Manager at Cynertia Consulting<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant&#8217;s toolbox.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Michael Duff, Managing Director at Change Strategy (UK)<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The quality of the decks available allows me to punch way above my weight \u2013 it&#8217;s like having the resources of a Big 4 consultancy at your fingertips at a microscopic fraction of the overhead.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Roderick Cameron, Founding Partner at SGFE Ltd<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;Several times a month, I browse FlevyPro for presentations relevant to the job challenge I have (I am a consultant). When the subject requires it, I explore further and buy from the Flevy Marketplace. On all occasions, I read them, analyze them. I take the most relevant and applicable ideas for my work; and, of course, all this translates to my and my clients&#8217; benefits.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Omar Hern\u00e1n Montes Parra, CEO at Quantum SFE<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>We are living in a Digital Age. A robust Digital Transformation Strategy is today\u2019s organization\u2019s corporate armaments in remaining competitive. Organizations that have excelled in Digital Transformation have one thing in common that distinguish them from the rest: their mastery of the 4 critical Business Ecosystems. Customer Solutions Ecosystem Operations Ecosystem Technology Ecosystem People Ecosystem&hellip;&nbsp;<a href=\"https:\/\/flevy.com\/blog\/conquering-digital-transformation-the-technology-ecosystem\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">Conquering Digital Transformation: The Technology Ecosystem<\/span><\/a><\/p>\n","protected":false},"author":111,"featured_media":4171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[84,81],"tags":[670,1387,1382,917,1381],"class_list":["post-4170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information-technology","category-strategy","tag-artificial-intelligence","tag-business-ecosystem","tag-critical-technologies","tag-digital-transformation","tag-information-technology-architecture"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/4170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/111"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=4170"}],"version-history":[{"count":6,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/4170\/revisions"}],"predecessor-version":[{"id":8241,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/4170\/revisions\/8241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media\/4171"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=4170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=4170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=4170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}