June 30- July 04, 2018 | Addis Ababa, Ethiopia
The power of digital transformation is getting ingrained in our everyday life and is strongly impacting the way we live, work and communicates with each other. Digital platform plays a key role in all our lives with the rapid entry of disruptive technologies, multiple electronic devices, and the internet and most of our time is spent accessing all these devices and technologies. Currently, our life comprises of two components: the real life, where we interact with physical elements — people around us, and the virtual universe with connected data and information encompassing the content that we share online and consume as well.
Presently, our virtual world and the real world are interconnected and overlapping at the same time, making it impossible to differentiate and segregate, and with every step, the virtual world is intercepting and substituting actions and elements in our real world. Every service, product, and innovational activities in this world are becoming totally digital dependent, which in turn leading the innovators to create disruptive technologies for digitalization. Research says that by 2019, 40 percent of digital transformation initiatives will use Artificial Intelligent (AI) services, and by 2021, 75 percent of commercial enterprise apps will use AI [IDC, Oct 2017]
This advancement has been described as the “fourth industrial revolution”, and it presents both challenges and opportunities. To overcome these challenges and capitalize on the opportunities, leaders in both public and private sectors must come together, work together, and embrace digital transformation, the fruits of which promise to entail inclusive and sustained growth and a more prosperous future.
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