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In my last column, I discussed whether the move toward a consumption tax hike and the Tokyo Olympics would be a trigger to improve the cashless ratio. With the implementation of the consumption tax hike approaching, at last, this time I would like to focus on recent developments other than the consumption tax hike that will affect the future of payments.
Digital transformation, or DX, is the process of integrating digital technology into every aspect of a business, with the goal of bringing…
More and more, Digital Transformation, or DX, is becoming a necessity for business operations. Its impact is particularly felt when automation systems and plant assets become a part of the initiatives. For these systems, it is Edge Computing that bridges the gap between sensor-enabled assets and cloud-based analytics.
In my last column, I talked about who could play a leading role in the near future if a payment revolution were to occur in Japan in which the cashless ratio would increase sharply. At the time of writing (3/12), there are almost 200 days left until the consumption tax hike from October, and almost 500 days until the Tokyo Olympics. It is hoped that one event will trigger a significant increase in the cashless ratio.
2018 was a year of recognizing the need for digital transformation and planning what the impacts might be. 2019 will be a year of implementation, but do IT teams feel ready to execute these new strategies? Do they have the budget, support and assets? A new survey by TEKsystems provides some insight.
The Industrial Internet of Things kicked off the smart manufacturing revolution, but there is still much more to be accomplished. By embracing digital transformation, organizations can reap the benefits of the intelligent edge.
The other day, I had the opportunity to listen to Mr. Nakanishi, Chairman of Nippon Keidanren at the Foreign Correspondents’ Association 20 About a minute Society 5.0. It was a place to talk about it and hold a question-and-answer session. The first thing that impressed me was Mr. Nakanishi’s ability to respond in English rather than the content.
By embracing the promise of automated tech, organizations of all sizes are poised to make good on their promises of digital transformation. But, to realize the possibilities of the connected, autonomous future, automation pioneers must follow a new set of best practices to achieve meaningful results.
It seems digital transformation is on everyone’s agenda, but not everyone agrees on what digital transformation means. How do you know if your efforts are truly effective, or if what you’re really working on is digital optimization?
As another wonderful year at Stratus comes to a close, we take a look back at some of the exciting events we’ve attended. Here are the highlights of the 4th annual Smart Industry conference in Chicago, IL in late September.