Part 1/4 Keynote Speech on Digital Transformation and Digital Economy

Prof. Samir EL-MASRI
5 Mar 202012:03

Summary

TLDRProfessor Sovereign of Mastery, a renowned digital transformation expert, delivers a keynote on the impact of digital transformation in the new economy. With a PhD in IT and over 25 years of experience, he discusses the importance of understanding digital transformation, the challenges companies face, and the potential failure rate without proper adaptation. He touches on emerging technologies like AI, big data, and blockchain, emphasizing their role in driving economic and societal change.

Takeaways

  • πŸŽ“ Professor Sovereign of Mastery is a keynote speaker with extensive experience in digital technology and transformation.
  • 🌐 He is the CEO of Digitization Box-Out and has held senior positions in France, Japan, Australia, and Saudi Arabia.
  • πŸ† Recognized as a top 50 world expert in digital transformation by the Silicon Valley-based Engagement Alliance of Science Technologies.
  • πŸ“ˆ Digital transformation is crucial for the 21st-century economy, with 70% of global companies at risk of failure if they don't adapt.
  • πŸ€– Professor Sovereign specializes in big data, analytics, digital health, AI, proximity to science, machinery, cloud computing, and industrial interest.
  • πŸš€ He has managed over a hundred stop-by-divide projects in different industries, showcasing his expertise in project management.
  • πŸ“š Professor Sovereign is an author and provides training and consulting services to help organizations with digital transformation.
  • 🌟 The transformation is not a one-time project but a continuous journey, emphasizing the need for ongoing adaptation.
  • πŸš€ Technologies like 5G, blockchain, machine learning, IoT, and virtual assistants are driving the new economy and digital transformation.
  • πŸ’‘ The script highlights the importance of understanding and embracing digital transformation for businesses to remain competitive and innovative.

Q & A

  • Who is the keynote speaker mentioned in the script?

    -The keynote speaker is Professor Sovereign of Mastery Speaking.

  • What is the topic of Professor Sovereign's speech?

    -The topic of the speech is 'Digital Transformation and Each New Economy'.

  • What are some of the professional titles and qualifications of Professor Sovereign?

    -Professor Sovereign is the CEO of Digitized, a certified blockchain expert, certified digital transformation expert, author of an online certified digital business leader course, and has a PhD in IT from the National Polytechnic Institute of Grenoble, France.

  • How much experience does Professor Sovereign have in the ICT industry?

    -Professor Sovereign has more than 25 years of experience in software development in the ICT industry.

  • What positions has Professor Sovereign held in different countries?

    -He has worked as a senior program manager and director in France for over five years, three years in Japan, and eight years in Saudi Arabia.

  • What recognition has Professor Sovereign received in the field of digital transformation?

    -He has been selected by the Silicon Valley-based Engagement Alliance of Science Technologies as one of the top 50 world experts in digital transformation.

  • What are some of the digital technologies Professor Sovereign is an expert in?

    -Professor Sovereign is an expert in big data analytics, digital health, artificial intelligence, proximity to science, machinery, cloud computing, and industrial internet.

  • What is the significance of the 70% statistic mentioned by Professor Sovereign?

    -According to McKinsey, 70% of global companies will fail with digital transformation, often because they do not understand what digital transformation is about.

  • What does Professor Sovereign suggest is the key to successful digital transformation?

    -Professor Sovereign suggests that understanding what digital transformation entails is key, and that it is not a one-time project but a continuous journey.

  • What is the role of emerging technologies in the new economy according to the script?

    -Emerging technologies such as 5G, blockchain, machine learning, IoT platforms, and virtual assistants play a significant role in driving the new economy and facilitating digital transformation.

  • What is the importance of digital transformation in the context of creative destruction?

    -Digital transformation is crucial as it enables creative destruction, which is a process where new technologies and business models disrupt existing markets and industries, leading to innovation and growth.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
Digital TransformationNew EconomyIT ExpertFuture TechBlockchainArtificial IntelligenceBig DataCloud ComputingIndustry 4.0Tech Innovation