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 (C)</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 (C)</p> Signup and view all the answers

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

<p>Food Tech (B)</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 (C)</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 (A)</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 (A)</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 (D)</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 (D)</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 (B)</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 (D)</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 (A)</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 (B)</p> Signup and view all the answers

What was the key challenge Nike faced with the FuelBand?

<p>All of the above (D)</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 (D)</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 (C)</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 (B)</p> Signup and view all the answers

What does Digital Transformation involve beyond digital investment?

<p>Thinking 'digital first' (C)</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 (B)</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 (C)</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 (A)</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 (D)</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 (D)</p> Signup and view all the answers

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

<p>ServiceMax (D)</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 (B)</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 (B)</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 (B)</p> Signup and view all the answers

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