Distributed Time-Sensitive Systems
by Tanupriya Choudhury, Rahul Kumar Singh, Ravi Tomar, S. Balamurugan, J. C. Patni
12IT Innovation: Driving Digital Transformation
Sruthy S.*
St. Joseph’s College of Engineering and Technology, Palai, India
Abstract
In the rapidly evolving digital landscape, IT innovation stands as a pivotal driver of digital transformation, reshaping industries and redefining competitive paradigms. This chapter explores the multifaceted nature of IT innovation, encompassing technological advancements, process enhancements, and novel business models. It traces the historical evolution of IT innovation, highlighting significant milestones and current trends like AI, blockchain, and IoT. Emphasizing the strategic importance of IT innovation, the chapter illustrates its role in enhancing organizational agility, customer engagement, and operational efficiency. Through real-world case studies of Uber, Netflix, and Amazon, the transformative impact of IT innovation is vividly demonstrated. Additionally, the chapter addresses the challenges and risks associated with IT innovation, such as resistance to change and cybersecurity threats, while proposing strategies to overcome these barriers. The discussion extends to future directions, including AI, quantum computing, and ethical considerations, underscoring the ongoing journey of digital transformation.
Keywords: Technology innovation, digital transformation strategy, IT ecosystem, quantum computing, disruptive business models
12.1 Introduction
Emerging disruptive technologies (Smith, J. A., & Johnson, L. R., 2020) [3] have ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access