Intelligent CIO Middle East Issue 51 | Page 42

FEATURE: DIGITAL TRANSFORMATION The steady rise in leveraging application, business telemetry and data analytics enables organisations to scale digitally. Adopting an agile development methodology to quickly iterate modifications has shortened the lifecycle of ‘code to users’. In digital enterprises, the ‘code’ embodies the business flow and the speed of change in ‘code to users’ represents business agility. In this new era of digital economy, applications have become the lifeblood of the global economy. Every business is becoming an application business and every industry is becoming an application-centric industry. As IT infrastructure automation and application-driven DevOps processes have been largely established across the industry, we envision that a layer of distributed application services that unifies application infrastructure, telemetry and analytics services is emerging. The scale, agility and complexity of digital enterprises demands their applications to have self-awareness and the ability to automatically adjust to operating and business conditions. This will breed a new generation of application services to collect, analyse and act on the telemetry generated by apps and their infrastructure. These capabilities create new business uses. End-to-end instrumentation from code to customer will enable application services to emit that telemetry and act on insights produced through AI-driven analytics. These distributed application services will help application owners to improve application performance, security, operability and adaptability without significant development effort. n APPLICATIONS HAVE BECOME THE LIFEBLOOD OF THE GLOBAL ECONOMY. 42 INTELLIGENTCIO ///////////////////////////////////////////////////////////////////// Driving Digital Transformation in the retail sector For retailers who are yet to embark on their Digital Transformation journey, going omnichannel is a great temptation. However, Vikram Bhat, Chief Product Officer, Capillary Technologies, tells us there are other factors that retailers need to be aware of if they are to make a success of Digital Transformation. T he ecommerce momentum is becoming unstoppable as brands are cashing in on a number of factors such as spike in mobile applications, a new generation of high-spending shoppers, and the availability of faster Internet speeds to enable them to offer their customers a shopping experience whenever and wherever they choose. In addition, an omnichannel approach has clearly shaped the retail industry in 2019, a sector largely driving ecommerce sales in the region. Going omnichannel is tempting for many retailers who have not yet embarked on their Digital Transformation journey. However, implementing an omnichannel strategy isn’t only about being present on all channels and platforms available. It is about providing a seamless and unified brand experience to customers across channels to enable them to connect with a brand and simplify their shopping experience. A Google report further proves this is the right approach after the study found that 85% of shoppers start their shopping journey on one device, like a laptop for example, and end it on another, say a smartphone or even a physical store. While technology is the key enabler for brands wanting to enhance their omnichannel strategy, Artificial Intelligence is another crucial component that is driving its success. But AI is only a tool and not a standalone solution, so organisations need to understand that while it can be immensely beneficial in providing customer insights, it cannot compensate for a modest or non-existent omnichannel strategy. In short, AI needs to be a supporting element of a wider omnichannel strategy and not being implemented for the sake of being a hot technology. When organisations take this approach, the power of AI can truly be unleashed to boost sales and customer engagement. Let’s take a look at how AI can be applied online as well in brick-and-mortar stores. • Unlocking data potential: Imagine the amount of data brands have access to via multiple platforms. AI can help brands to process this data to identify consumer spending patterns, buying preferences, customer demographics, personal preferences and so on. • Personalisation: The best way AI can help brands is with the power of www.intelligentcio.com