EXECUTIVE EDUCATION

Digital Transformation: 5 Game-Changing Technologies for Business

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Course Dates
DEADLINE EXTENDED

2 December 2020

Course Duration

DURATION

9 weeks, online
4–6 hours per week

Course Duration

Why enrol in the Digital Transformation programme?

Imperial Digital Transformation is an online programme brought to you by Executive Education at Imperial College Business School. The eight-week (excluding orientation) programme combines live online teaching sessions and video lectures with interactive activities and assignments to enable high-impact learning. As a participant you will:

  • Explore the game-changing technologies that are driving digital transformation across organisations and industries.
  • Learn from Imperial thought leaders, case studies, and your peers how to use these technologies to implement digital transformation across your organisation.
  • Get personal support throughout the programme from a dedicated Learning Team and finish the programme prepared to implement what you’ve learnt.
  • Receive a verified Digital Certificate from Imperial College Business School Executive Education.

25 billion

The internet of things (IoT) will grow to 25 billion connected things by 2021, creating massive volumes of data, and an organisation’s ability to derive meaning from it will be essential to their success.

Source: Gartner Identifies Top 10 Strategic IoT Technologies and Trends, 2018

$15.9 billion

Worldwide spending on blockchain is predicted to grow to $15.9 billion by 2023.

Source: Worldwide Semi-annual Blockchain Spending Guide, International Data Corporation, 2019

$50 million

Nearly one-third of enterprises are investing up to $50 million in automation, including AI, machine learning, cognitive computing and robotic process automation.

Source: KPMG The state of intelligent automation, 2019

Who is this programme for?

This programme offers a non-technical, broad overview of new technologies that are impacting companies across every industry. Digital transformation is an essential topic for professionals including:

  • Technology managers and executives who seek to understand the technologies that drive digital transformation and how to implement them to drive digital transformation in their organisation.
  • Functional managers across industries looking to master different areas of transformation and implement a strategy within their function or organisation.
  • Consultants looking to understand the latest technologies driving digital transformation and create an IT strategy and technology roadmap to help their clients achieve better results.
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"A core strategy of enterprises"

“The COVID-19 outbreak has fully embodied the value of IT and digital transformation. Corporate CXOs should take full advantage of this opportunity to turn the crisis into business opportunity, accelerate the promotion and implementation of new digital transformation strategies, and support enterprises to look for breakthroughs and innovative spots in the business to achieve a healthy and sustainable corporate development after the epidemic is over.”

– Lianfeng Wu, VP and chief research analyst, IDC China (from a report featuring written interviews IDC conducted with more than 30 industry CXOs in China, April 2020)

Programme highlights

As a participant, you will learn to master game-changing technologies that are driving digital transformation and use them to implement digital transformation across your organisation. No matter where your organisation is in your transformation journey, you’ll walk away with actionable insights and a solid strategy to successfully move your organisation forward.

  • LEARN about digital technologies used in digital transformation projects
  • EXPLORE the sources of value of digital transformations for businesses
  • CONSIDER challenges of privacy and security in digital transformations
  • APPLY principles of digital transformation to real-world business problems
  • DEVELOP a framework for digital transformation within your organisation
  • RECOMMEND approaches to infrastructure and data governance to support digital transformations
  • ASSESS digital tools, technologies, processes and their uses
  • EVALUATE the use of digital solutions for business problems
  • SUGGEST new business solutions that are enabled by advances in digital technologies
  • PROPOSE digital innovations that build on existing business infrastructure

Modules

As a participant in this programme, you will learn to master the technologies that are driving transformation, and develop your own strategy and put them to work in your business.

Module 1:

The Cloud and Mobile

Describe what the cloud is and how it works, evaluate when it makes sense to store data in the cloud vs on the "edge", assess the importance of mobile devices in your business, analyse to what extent 5G will change how value is delivered in business

Module 2:

The Internet of Things

Describe the Internet of Things and its functions, compare and contrast the Internet of Things and Industry 4.0, analyse the benefits and risks of IoT to business, analyse the potential of IoT in creating new business innovations

Module 3:

Big Data Analytics

Distinguish between the roles of data science and data engineering, analyse the patterns of change in price and performance of key digital technologies, interpret and create data visualisations and make related recommendations, devise a big data dashboard that would be useful to an organisation's operations

Module 4:

Automation and Artificial Intelligence

Compare successes and failures of AI, suggest new areas of innovation for existing digital capabilities, such as voice recognition, identify opportunities for new technologies to disrupt existing industries, debate the impact that AI and automation will have on jobs

Module 5:

FinTech and Blockchain

Identify the components of a financial ledger, compare sources and examples of fraudulent financial activities, discuss how blockchain enables trust, analyse the utilisation and success of blockchain applications in a range of financial sectors, suggest technology innovations that could impact subsectors in financial services

Module 6:

Sources of Value in a Digital World

Identify sources of digital value, compare and contrast sources of value in a digital vs "offline" world, recommend steps to digitise a traditional customer journey, evaluate digital transformations for customer value, identify service design opportunities in an organisation

Module 7:

A Framework for Implementing Digital Transformation

Identify efficiency problems that can be solved through digital transformation, analyse the role of digital transformation in achieving operational efficiency, generate ideas for improving an organisation's efficiency through the use of digital tools, suggest opportunities for strategic innovation in organisations that are using digital solutions, compare and contrast effective change management strategies

Module 8:

Considerations of Privacy and Security

Discuss the business value of privacy and security, identify types of organisational data that should be protected, generate examples of security breaches that might adversely affect a brand, suggest cyber security threats that could have a major impact on an organisation, define the critical roles related to data governance

Digital Transformation Capstone Project:

During the course of this programme, you will develop and refine a business case and plan for a project or initiative to help your organisation along the Digital Transformation path, regardless of where your organisation may be currently in this journey.

Module 1:

The Cloud and Mobile

Describe what the cloud is and how it works, evaluate when it makes sense to store data in the cloud vs on the "edge", assess the importance of mobile devices in your business, analyse to what extent 5G will change how value is delivered in business

Module 6:

Sources of Value in a Digital World

Identify sources of digital value, compare and contrast sources of value in a digital vs "offline" world, recommend steps to digitise a traditional customer journey, evaluate digital transformations for customer value, identify service design opportunities in an organisation

Module 2:

The Internet of Things

Describe the Internet of Things and its functions, compare and contrast the Internet of Things and Industry 4.0, analyse the benefits and risks of IoT to business, analyse the potential of IoT in creating new business innovations

Module 7:

A Framework for Implementing Digital Transformation

Identify efficiency problems that can be solved through digital transformation, analyse the role of digital transformation in achieving operational efficiency, generate ideas for improving an organisation's efficiency through the use of digital tools, suggest opportunities for strategic innovation in organisations that are using digital solutions, compare and contrast effective change management strategies

Module 3:

Big Data Analytics

Distinguish between the roles of data science and data engineering, analyse the patterns of change in price and performance of key digital technologies, interpret and create data visualisations and make related recommendations, devise a big data dashboard that would be useful to an organisation's operations

Module 8:

Considerations of Privacy and Security

Discuss the business value of privacy and security, identify types of organisational data that should be protected, generate examples of security breaches that might adversely affect a brand, suggest cyber security threats that could have a major impact on an organisation, define the critical roles related to data governance

Module 4:

Automation and Artificial Intelligence

Compare successes and failures of AI, suggest new areas of innovation for existing digital capabilities, such as voice recognition, identify opportunities for new technologies to disrupt existing industries, debate the impact that AI and automation will have on jobs

Digital Transformation Capstone Project:

During the course of this programme, you will develop and refine a business case and plan for a project or initiative to help your organisation along the Digital Transformation path, regardless of where your organisation may be currently in this journey.

Module 5:

FinTech and Blockchain

Identify the components of a financial ledger, compare sources and examples of fraudulent financial activities, discuss how blockchain enables trust, analyse the utilisation and success of blockchain applications in a range of financial sectors, suggest technology innovations that could impact subsectors in financial services

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Case scenarios and company examples

The case scenarios and industry examples featured throughout the programme provide a wide-ranging look at how companies, organisations, and governments are using technology to drive transformation.

Cloud and Mobile

Zynga: Filling gaps with mobile

Source of Value

LinkedIn: Devising digital solutions for service problems

IoT

Cemex: Automated digital communication through the use of sensors.

Privacy & Security Considerations

IBM Watson: Revealing algorithmic blas in technology solutions

AI & Automation

Tesla: Leveraging opportunities for new technologies to disrupt existing industries

FinTech & Blockchain

Ali Pay: Analysing the impact of technology applications on financial brands

Big Data Analytics

L'Oréal: Using big data to predict the next “must have” beauty product

Framework for Digital Transformation

Cemex: Innovating in organisations that already use digital solutions.

Faculty

Christopher L. Tucci Faculty

Christopher L. Tucci

Professor of Digital Strategy & Innovation, Imperial College Business School

Professor Tucci was Professor of Management of Technology at the Ecole Polytechnique Fédérale de Lausanne (EPFL), where he held the Chair in Corporate Strategy & Innovation. In 2018, he was Visiting Thought Leader at CEIBS in Shangai, China. He received the degrees of Ph.D. in Management from the Sloan School of Management, MIT; SM (Technology & Policy) from MIT; and BS (Mathematical Sciences), AB (Music), and MS (Computer Science) from Stanford University. He was an industrial computer scientist involved in developing Internet protocols and applying artificial intelligence tools. Professor Tucci teaches courses in Design Thinking, Digital Strategy, and Innovation Management. His primary area of interest is in how firms make transitions to new business models, technologies, and organisational forms. He also studies crowdsourcing, Internetworking, and digital innovations. He has published articles in a wide range of journals, and his article with Allan Afuah, “Crowdsourcing as solution to distant search,” won the Best Paper of 2012 for Academy of Management Review, considered the #1 journal in Business and Management. He is currently an Associate Editor of Academy of Management Discoveries. He has served in leadership positions in the Academy of Management (AOM) and the Strategic Management Society.

Certificate

Certificate

Upon completion of the programme, participants will be awarded a verified Digital Certificate of Participation by Imperial College Business School Executive Education.

Imperial College Business School is collaborating with online education provider Emeritus to offer online programmes. This allows us to broaden access in a collaborative and innovative format that stays true to our distinctive methods of learning, content and outstanding quality.

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