Konstantinos Liakeas (KL)

The Digital Transformation Playbook by David L. Rogers offers practical strategies for companies to transform their business and thrive in the digital era.

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As we move into a realistic adoption scenario, deterministic models, with probabilistic learnings fed into them, will pave the way for a meaningful evolution of LLMs.

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Considering almost every organization is on its digital transformation journey here's a very practical framework (called MIND framework) to think of the Digital Capabilities required to succeed at the transformation efforts. "With the rise in the advances and adoption of digital technologies and evolving business dynamics, we live in an era where many organisations are embarking on digital transformation. To stay relevant, however, organisations struggle to comprehensively outline the digital capabilities they have or need in relation to the digital transformation objectives they aim for. This struggle stems from the paucity of knowledge and practical guidance on how to assess the digital capabilities of organisations relative to their desired digital transformation goals. This paper presents a framework (MIND Framework) for assessing digital capabilities in four critical areas – Management (M), Infrastructure (I), Networking/Sourcing (N), and Development (D) – abstracted from prior literature. The framework assesses digital capability status in each area in relation to the organisation's stated digital transformation goals. MIND, which is an outcome of a multi-year design science research project, helps organisations assess their current capability status and create a pathway for navigating from their current status to the desired transformation state." Authors, Abayomi Baiyere, Hannu Salmela, Harri Nieminen, Tomi Kankainen illustrate how the framework can provide valuable insights and attitudinal shifts in an organisation's digital transformation efforts. They further abstract the research findings to demonstrate how the assessment of an organisation's digital capabilities can provide valuable insights and critical input for any organisation embarking on a digital transformation journey. The paper also includes a detailed guideline on how organisations can apply the MIND framework in their transformation journey. #pracademicinsights https://lnkd.in/gdzkrVew

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Data is Everybody's Business: For our July episode of the data book club, we had Raja C Pichappan host, for our debate on Barb Wixom, Cynthia M. Beath, and Leslie Owens book on an evidence-based guide to value creation from data, for everyone from employee to board member. The book offers a clear and engaging way for people across the entire organization to understand, get excited about, and participate in value creation from data. When people see data as within their purview, they spot innovation opportunities more readily. It also includes real world examples that show you how the ideas have been implemented and used.💡 Here is a taste of the insights from the episode and recommend reading / listening to the book for a whole lot more. 🔹 Improving, Wrapping and Selling: From ‘using data to create efficiencies’ to ‘data enhancing the customer value of products’ to ‘commercialising in the form of information solutions’. 📦 🔹 Excellence in data value realisation: invest in data assets that are accurate, available, combinable, relevant and secure. Make it easy for people throughout the organisation to assess data assets and data capabilities. Invest in advanced data services like data science and data experimentation. 🧪 🔹 Creating a data democracy to grow the data community to appreciate, encourage access and use an organisations reusable data assets. Link data and domain people to enable knowledge sharing, inspire learning and generate innovation of all kinds. 👥 🔹 Styles of data connections: from embedding experts close to business, multidisciplinary teams, data shared services, many to many connections of social networks to advisory services that offer a consulting model to innovate & diffuse. 🌐 🔹 Data value realisation strategy communicates how an organisation will get value from its data asset. Its a component of your business and data strategy. Includes a Strategy Archetype 4 way grid to help you identify easy wins, future possibilities, maybe and duds. Our data book club, is our member-driven community & sanctuary for the curious, passionate continuous learners and data enthusiasts. 📚 #databookclub #DataisEverybodysBusiness #datainspired #DataDemocracy #DataAnalytics #DataManagement #DataScience

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For 35 years, IBM and #Wimbledon have been driving innovation to deliver a world-class fan experience for tennis enthusiasts. This year, we’re introducing 'Catch Me Up', our new feature that taps into match #data and #genAI to provide fans updates on their favorite players as they advance through The Championships.​ ​ Learn more about how IBM and Wimbledon are using data-driven insights to elevate the digital experience for tennis fans worldwide:

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The future of wealth management is transforming rapidly, and it’s exciting to witness how AI plays a pivotal role in shaping this change. As highlighted in our recent report at the London Stock Exchange Group, AI drives innovation, enhances personalisation, and improves decision-making in wealth management. These advancements will not only empower advisors but also provide clients with more tailored solutions. Working at the intersection of technology and finance, it is great to see how AI can unlock new opportunities and create more value for both investors and wealth managers. The future looks incredibly promising! #ai #wealthmanagement #LSEG

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🔊With over half (57%) of UK respondents to PwC Global Digital Trust Insights survey prioritising a shift from in-house to managed cyber services, it is clear that the approach to cyber resilience is changing. 👉Find out how #ManagedServices are becoming a strategic asset in navigating the complex tech environment and ensuring continuous transformation. Learn more: https://pwc.to/4e5JJnF #ManagedCyberServices #WeRunYouAccelerate #CTO

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Proud and delighted to share that DXC Technology are part of the tech consortium alongside Quant, R3 and Coadjute helping deliver the technology prototype for the experimentation phase of the UK’s Regulated Liability Network, led by UK Finance. The UK RLN is envisaged as a common ‘platform for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger for tokenised commercial bank deposits. A collaboration of several stakeholders within the financial services industry, the UK RLN explores the options for users to make payments, transact and settle liabilities in the increasingly digital marketplaces of the future. Financial services industry participants in the UK include Barclays, Citi, HSBC, Lloyds Banking Group, Mastercard, NatWest, Nationwide Building Society, Santander, Standard Chartered, Virgin Money and Visa. They are being supported by EY and Linklaters. Please read the press release to learn more about the UK RLN project and the experimentation phase #UK #RLN #tokenisation #tokenisedbankdeposits #digitalassets #blockchain #payments #financialservices #banking #capitalmarkets #futureofmoney #wearedxc

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*Alan Turing: A Legacy Shaping Our Digital World* Today, I am honoured to meet the Father of Computer Science, Alan Turing (Even just his Statue !). Alan Turing played a pivotal role in WWII where he deciphered the German Naval enigma code using his invention Turing machine. His work on the Turing machine laid the foundation for modern computers, and his ideas on artificial intelligence continue to inspire us today. Want to learn more about this fascinating figure? Check out the movie "The Imitation Game"! #AlanTuring #ComputerScience #History #Technology #AI #EnigmaCode

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What are the hottest new tech trends ... Digital Twins - I just got a whole new set of tech phrases from a Gartner report. Giving my interpretation, here we go: Supplemental Coverage from Space (SCS) is a proposed framework for Device Direct connectivity using satellite and cellular communication combination. The framework enables partnership between satellite (specifically low Earth orbit ) providers https://lnkd.in/eNYRJ8JW

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I'm looking forward to this year's Wimbledon, especially for the new experience enhancements through AI. For anything you want to know about your favorite players the new "Catch Me Up" feature has you covered! Powered by IBM's Granite LLM, this innovative feature provides personalized player insights stories, so you can stay informed and engaged with the tournament. Check it out #Wimbledon #AI #personalization https://ibm.biz/BdmtAu

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Factories can be complex and unpredictable environments, making quick and agile decision-making a challenge. Introducing Factory Intelligence, part of PwC UK's #PwCIndustryCloudSolutions suite. It connects data from all your equipment and devices into live dashboards, giving you a comprehensive view of your operations in one place. This means real-time insights to enhance performance, improve safety, maximise quality, and cut costs. Find out more here: #PwCIndustryCloudSolutions #CloudTransformation #BeTransformative #HumanLedTechPowered

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I came across this study from McKinsey that states that AI adoption is surging to a record high, and Gen AI is performing well, but data barriers and risk need to be addressed (maybe not such a big surprise). What I like in this survey is the message that AI and Gen AI have begun to create real business value and don't only exist as garage projects in an IT organisation; I notice that Risk, Legal, and Compliance reports increased revenue and that HR reports the most significant cost decrease. I'm realistic, but this is a good way to start the value conversation. That is a strong signal that business adoption is moving in the right direction. Unsurprisingly, the industry technology is most likely to invest in AI. I think financial services are forced to adopt AI to be cost-effective and comply with regulations. Interestingly, energy and materials are more prominent than media. Given the insights from the McKinsey study, I'm keen to explore the AI landscape in the Nordics. Localised research could shed light on any potential lagging of AI adoption in our region.

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Effective governance now requires deeper technological literacy and a more strategic focus on tech-driven innovation to stay competitive. Boards that embrace this shift will not only mitigate risks but also unlock new opportunities for growth. It‘s time for leaders to prioritize tech expertise and future-proof their organizations. #Leadership #BoardGovernance #Technology #DigitalTransformation #Innovation #AI #Cybersecurity

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