From the course: Digital Transformation Foundations

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The smart macro trends

The smart macro trends

- [Instructor] Many of us have smart products at home or drive a smart car or work where parts of our company's operations have been digitized to be made smarter. However, there's no denying it. Although it seems like smart products are everywhere, this is just the beginning of the smart macrotrend that's washing over every industry, a trend that transforms the physical into a digital that's both data-driven and software-defined. The smart macrotrend all started with what you have in your pocket today, the smartphone. A phone that had computing capabilities was digitally transformed into a computer that had phone capabilities. The phone or the OS is both software-defined and data-driven. Since then, there have been many smart product successes. The Amazon Alexa smart speaker and the Tesla smart cars are two examples. However, there have been many failures also. The notorious smart water bottle that measured how much you…

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