Disruptive technologies are transforming industries into digital industries, a “caterpillar-to-butterfly” journey, which in some cases is a “do-or-die” proposition. This transformation can present major challenges, outside of normal business models and technological concerns, for example, compliance with security and regulatory pressures.
We provide a general overview of digital transformation (DX) in industry and the types of better outcomes that organizations seek when they embark on DX journeys. We also highlight:
•the business factors (section 1),
• Key technologies (section 2) and
• Trustworthiness factors (section 3) that underpin these journeys.
The paper targets business managers who are involved in setting the digital transformation strategy and journey for an organization, and technology managers who need to identify and assess how technologies can be leveraged to facilitate the DX journey. Finally, we target risk,