Tom Siebel: What Exactly is Digital Transformation?
In the corporate world, it\u2019s evolve or die. Since 2000, 52% of Fortune 500 companies have either been acquired, merged, or gone bankrupt. Tom Siebel believes digital transformation is to the corporate world what a \u201cmass extinction event\u201d is to the evolution of life on Earth. That\u2019s the thesis the tech industry icon and CEO of C3.ai lays out in his new book, Digital Transformation: Survive and Thrive in an Era of Mass Extinction. Siebel\u2019s aim is to create a common understanding of digital transformation -- what it is and how organizations can take advantage of it. He joins the podcast to discuss how the application of a new generation of information technology -- comprised of elastic cloud computing, big data, the Internet of Things, and artificial intelligence -- will completely change business as we know it. \n\nListen to this podcast episode to learn:\n\u2022 How \u201cpunctuated equilibrium\u201d explains today\u2019s massive disruption and change in how businesses operate, create and deliver products to customers\n\n\u2022 The one thing that all successful digital transformation initiatives have in common\n\n\u2022 How organizations like 3M, Amazon, and the U.S. Air Force are successfully transforming\n\n\u2022 Why precision medicine will revolutionize healthcare but also open up major privacy and security concerns\n\n\u2022 The consumer and citizen benefits -- and dangers -- of our digital era\n\n\u2022 Common reasons why CEOs fail or succeed at transforming their company\n\n\u2022 Tom\u2019s advice on leadership and how to create a culture that unites and inspires a diverse and multigenerational workforce\n\nFor more information on Tom Siebel's new book: digitaltransformation.ai