Clark Golestani, President of Emerging Businesses and Global CIO at Merck, believes that the technology industry is undergoing a significant transformation. He argues that the shift is primarily driven by three factors: the rise of cloud computing, the growth of data analytics, and the emergence of artificial intelligence (AI).
Cloud computing, according to Golestani, has revolutionised the way businesses operate by offering cost-effective, flexible solutions. It has also paved the way for smaller companies to compete with larger ones by levelling the playing field.
Data analytics, on the other hand, has enabled businesses to make more informed decisions. It provides insights into customer behaviour, market trends, and operational efficiency. Golestani suggests that companies not leveraging data analytics risk falling behind their competitors.
AI’s role in this transformation is also significant. Golestani states that AI and machine learning are becoming increasingly integrated into business operations, automating tasks and improving efficiency.
Golestani’s vision for the future of technology is one where these three elements—cloud computing, data analytics, and AI—coalesce to create a new business landscape. He predicts that businesses failing to adapt to these changes will struggle to survive.
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