Abstract
Possessing a “Digital Vision” is essential for business leaders across all industries. I’m not aware of industry segments that are agnostic of digital. Many companies still work on the realization of their “MobileFirst” strategy, while this should have been realized already many years ago. Today, Artificial Intelligence requires all of our attention. And, the game is on: dominate––or being dominated. Getting into the driver seat, employing your own Digital Vision is a key success factor. Its realization requires innovative approaches. Design Thinking is the creative methodology to unleash innovation. It is able to answer the question of how to use AI platforms and existing capabilities to transform business processes toward digital. The knowledge of the technology foundation and the creativity to apply its capabilities gets the business and IT leaders to the position of dominating Information Technology. It’s the magic triangle: vision––innovation––knowledge.
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Notes
- 1.
Moore’s Law refers to an observation made by the Intel co-founder Gordon Moore in 1965. He noticed that the number of transistors per square inch on integrated circuits had doubled every year since their invention. Moore’s law predicts that this trend will continue into the foreseeable future.
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Hybrid platform describes a combination of hardware running in an own datacenter and within a datacenter of a cloud provider and/or an outsourcing provider.
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Stanford University (California, USA) started teaching Design Thinking formally in 2005 (d.school of Design Thinking). The Hasso Plattner Institute established the Design Thinking program 2007 in Potsdam, Germany . Plattner used Design Thinking for the groundbreaking research and development of his columnar in-memory database , the foundation for SAP’s flagship product S/4HANA .
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An FTE (Full-Time Equivalent) is the hours worked by one employee on a full-time basis. On an annual basis, an FTE provides 2,080 h, which is calculated as: 8 h per day time 5 days per week time 52 weeks a year. You see that vacation, holidays, sick, and other absentee days need to be covered in a round-the-clock services organization such as an IT operation.
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Data lake is a storage repository holding huge amounts of unstructured (flat) data, only accessible with a query request.
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S&OP describes an integrated planning process to fulfill demands through the supply chain. It includes a forecast planning that leads to a sales plan, production plan, inventory plan, resulting financial plan, and enables effective supply chain management.
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Graesser, A. (2019). Digital Vision. In: Run IT. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-030-14219-3_2
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DOI: https://doi.org/10.1007/978-3-030-14219-3_2
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