It turns out you can teach an old company new tricks. PwC launched a new 'digital fitness app' to help employees test their knowledge of emerging technologies. Tom Puthiyamadam, Digital Global Leader at PwC, was with us to explain why the company is placing such an emphasis on digital fitness.
The app can be used by employees at companies to help gauge their understanding of fitness by using emerging technologies. It tests your current knowledge and delivers tips for improving. Puthiyamadam shared that his assessment revealed that he had room to improve in data analysis, one of the highly coveted skills in the current job market.
PwC also released a Digital IQ Survey that revealed 63% of business leaders say the lack of skilled teams was a key obstacle to digital innovation in 2017. He also shared that 80% of CEOs strongly agreed they need to strengthen their own soft and digital skills.
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Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
