Managing Risks in Digital Transformation

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Invisible Digitization Tsunami

It’s a bright day in 2023, and most humans on the planet are acclimating to the new normal after the pandemic that changed the way we work and live, while a few months back, Amazon founder Jeff Bezos took the first civil flight to space, creating a milestone. The world around us is changing fast. The human population in 2022 was around 8 billion, and most of us had a mobile phone; the count of phones is hovering around the 10 billion mark. What’s moving faster than the human and mobile population is the count of internet-connected smart devices, also known as IoT devices. Today, they are found in cars, smart homes, and industrial devices and they number 13.5+ billion at the time of writing. That totals up to ...