Digital Disruption and the Future of Technology Quiz
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Questions and Answers

What is one of the key technologies driving Digital Disruption in the text?

  • Blockchain (correct)
  • Email Marketing
  • Television Advertising
  • Social Media

    • By 2025, what percentage of the world's population is estimated to be connected to the internet?

  • 95% (correct)
  • 10%
  • 40%
  • 75%

    • Which sector is NOT listed among the sectors affected by Digital Disruption in the text?

  • Mobility Tech
  • Fashion & Sport Tech
  • Health / Med Tech
  • Agriculture Tech (correct)

    • What is one of the challenges associated with Digital Transformation according to the text?

    <p>The Ambidexterity Challenge</p> Signup and view all the answers

    What is the estimated number of daily Google searches by 2025 as per the text?

    <p>Over 8.5 billion</p> Signup and view all the answers

    What is one of the industries significantly impacted by Digital Disruption?

    <p>Food Tech</p> Signup and view all the answers

    What is the primary focus of digital transformation according to the text?

    <p>Helping customers achieve business outcomes</p> Signup and view all the answers

    According to the definitions provided, what is the difference between 'digitize' and 'digitalize'?

    <p>Digitize means applying technology, while digitalize means creating new revenue streams</p> Signup and view all the answers

    Which of the following is NOT an example of digital transformation according to the text?

    <p>Digitized marketing campaigns</p> Signup and view all the answers

    What is the relationship between the cloud and digital transformation according to the text?

    <p>The cloud is a part of, but not equivalent to, digital transformation</p> Signup and view all the answers

    What is the purpose of the video mentioned in the text?

    <p>To demonstrate the use of glass in creating interactive experiences</p> Signup and view all the answers

    What is required from partners to achieve true digital transformation?

    <p>Understanding and delivering on customers' business outcome needs</p> Signup and view all the answers

    What was the main challenge GE faced in building its new software-hardware integration platform?

    <p>Competing with cloud giants like Amazon, Microsoft, and Google</p> Signup and view all the answers

    What was the key issue with GE Digital's approach to the new platform?

    <p>They used traditional corporate management methods</p> Signup and view all the answers

    What was Nike's goal when it launched its new business unit called Nike Digital Sport?

    <p>To take the lead on digital initiatives and create new technological capabilities</p> Signup and view all the answers

    What was the key challenge Nike faced with the FuelBand?

    <p>All of the above</p> Signup and view all the answers

    What important lesson did Nike learn from the FuelBand setback?

    <p>They are an athletics wear company first, and everything else second</p> Signup and view all the answers

    What should companies view digital transformation as?

    <p>A formal effort to renovate business vision, models, and investments for a new digital economy</p> Signup and view all the answers

    What is the nature of digital transformation according to the text?

    <p>A continuous journey requiring innovation and adaptation even after reaching maturity</p> Signup and view all the answers

    What does Digital Transformation involve beyond digital investment?

    <p>Thinking 'digital first'</p> Signup and view all the answers

    Which technologies are highlighted as pillars of Digital Transformation in the text?

    <p>Cloud Computing, Big Data &amp; Artificial Intelligence</p> Signup and view all the answers

    What does the text suggest about the combined effects of Cloud Computing, Big Data & AI?

    <p>They will deeply transform organizations more than other technologies like Internet, Social Media &amp; IoT</p> Signup and view all the answers

    What aspect of business is Digital Transformation about to change according to the text?

    <p>The way business is conducted</p> Signup and view all the answers

    What was GE's goal in its digital transformation?

    <p>To become a top 10 software company by 2020</p> Signup and view all the answers

    What did GE establish in 2013 to assert its position in the digital software space?

    <p>A software Center of Excellence</p> Signup and view all the answers

    What did GE acquire in 2017 to extend its analytics capabilities?

    <p>ServiceMax</p> Signup and view all the answers

    What was the main focus of GE Digital's reorganization in 2017-2018?

    <p>Aviation, power generation, oil &amp; gas</p> Signup and view all the answers

    What was the key reason that led GE to start its digital transformation in 2011?

    <p>Increasing competition from software companies</p> Signup and view all the answers

    What was the financial impact of GE's digital transformation efforts from 2011 to 2017?

    <p>GE invested $10 billion in digital transformation</p> Signup and view all the answers

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