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Ralph Stauffer, Management Consultant for MSS Business Transformation Advisory, explains the evolution of digital technology throughout the world. The Digital Age is likened to biological evolution as a result of millions of small innovative changes that take place before the next technological era occurs.
Many innovations, discoveries, and failures were made over the last few decades culminating in the digital age. Stauffer identifies some innovations of the digital age that include blockchain, drones, Internet of Things (IoT), robots, 3D printing, virtual reality, augmented reality, and artificial intelligence. The CIO has to evolve as well, but in a way that responds rapidly to the new environment, determining the correct strategy to pursue and when to pursue it, even if uncertain of the requirements. Stauffer identifies different strategies CIOs can take to attack the digital age with success in their digital transformation efforts.