Authored by Manish Gupta, Sr. Director & General Manager, Infrastructure Solutions Group, India, Dell EMC
In its survey, CompTIA asked around 700 business professionals employed in US organizations to evaluate their awareness and use of VR/AR, blockchain, and AI. While 74% respondents expressed their awareness of AR/VR, 43% admitted that the biggest impact created was by Blockchain. Further, one-quarter of organizations made use of AI, almost regularly, in most of their IoT devices, IT infrastructures, and digital assistants.
So, what about India? Well, Indian enterprises are gaining momentum in their digital transformation journey. As revealed by a new study conducted by Microsoft and International Data Corporation (IDC), digital transformation is likely to add about $154 billion to India’s GDP and enhance the growth rate by 1% per year by 2021. In our country, the use of AI is gaining momentum day by day and the digital transformation drive of many organization is mainly AI-led.
Augmented and Virtual Reality—Adding momentum to digital transformation journey
Before I move ahead with these two technologies, we should first know the difference between augmented reality (AR) and virtual reality (VR) – While the former one actually “augments” the present environment, the latter builds the environment that really does not exist. However, it takes the scenarios of the real environment. In India, in spite of the slow adoption of virtual and augmented-reality-based technologies, the country's nascent VR/AR market is anticipated to grow at a CAGR of 76 percent in the coming five years, mainly driven by the demand generated from the consumer and business sectors, aspiring to tap into the potential of these technologies.
I strongly believe that organizations across industries can accelerate digital transformation leveraging VR and AR tools by:
• Engaging their customers better
• Enhancing customer experience
• Creating and evaluating product and design virtually, considering all important assets scenarios and security aspects
• Visualizing construction or repair in VR well before the jobs are done
• Devising immersive training as well as educational experiences
Digital transformation on the back of AI
At present, the implementation of AI is mainly restricted to capturing information and automating process. A recent report by PwC India and ASSOCHAM has revealed that more than 36 percent of large financial establishments are making investments in Artificial Intelligence (AI)-driven technologies, while 70 percent are able to embrace it. It’s, therefore, evident that our country is well poised for AI-driven transformation.
According to a research commissioned by Dell EMC, individuals and organizations are leveraging new foundational technology to innovate with AI on their own. Even, some forward-looking organizations are making use of AI to dive deep into their customers, create better products, and provide a major fillip to customer experience.
Everywhere, irrespective of sectors, every organization is innovating with AI as well as its applications – machine learning and deep learning and this paints a brighter picture for AI-led possibilities in the coming time.
Digital transformation led by Blockchain
Undoubtedly, for any organization, the journey of digital transformation is riddled with lots of challenges. However, when IoT is integrated into blockchain, it paves the way. Given that several shareholders (External, internal, or both) are involved in any business process, a system wherein a large number of electronic parties are able to communicate, collaborate, and transact, securely, that, too, without any human intervention is more agile and efficient.
Especially, when it comes to the HR and finance departments of any enterprise, this technology holds a great potential to:
• Improve data integrity
• Better payroll management
• Safeguard confidential information
This is only the beginning. In the coming time, we are likely to see more divisions and departments intersecting their functionalities on the back of this technology.
Dell EMC: Gaining stronger on innovation in new-age technologies
At Dell EMC, we are standing on the threshold of the disruptions triggered by these technologies. For example, the Dell EMC PowerEdge portfolio is equipped with servers that are purpose-built to take care of AI and machine learning. This year at Dell Technologies World, we have re-affirmed our commitment to AI with the announcement of two new 4-socket servers, comprising PowerEdge R840 and PowerEdge R940xa, which will accelerate AI-driven workloads, analytics, deployment and efficiency.
Our new Dell EMC PowerMax Storage array is another illustrious example of our stride in AI. Considered as the ‘World’s Fastest Data Storage Array,’ the new Dell EMC PowerMax storage array is equipped with end-to-end NVMe, real-time machine learning, and up to 10 million IOPS2. Optimized for Storage Class Memory (SCM), it goes a long way in maximizing agility and performance for the data center.
With Dell EMC,you will be able togainbest-in-class ‘Ready for VR’ PCs and the option of the consumer HTC Vive headset or Dell Visor in one place. While in case of augmented reality (AR), we are all set to emerge as the first PC manufacturer providing an augmented reality headset from a leader in the space.
And for enterprise-class blockchain, we have the ability to design around any blockchain. Besides, no implementation can deliver a better enterprise-class blockchain than VMware. Our blockchain service is well positioned to assist our customers end to end in their mission to transform their business usingblockchain technology.
With us, stay on the changing frontier of the latest technologies and embrace digital transformation wholeheartedly for your organization.
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