The Application of AI, Blockchain, Cloud and Data Analytics Shahriar
Transforming Business Using Digital Innovations: The Application of AI, Blockchain, Cloud and Data Analytics Shahriar Akter* Sydney Business School University of Wollongong Tel: +61 2 42213377 NSW-2522, Australia Email: sakter@uow.edu.au Katina Michael School for the Future of Innovation in Society Arizona State University Tel: +1 4804941149 TEMPE, Mailcode 5603, USA Email: katina.michael@asu.edu Muhammad Rajib Uddin Sydney Business School University of Wollongong Tel:+61 2 42213377 NSW-2522, Australia Email: md.rajibuddin58@gmail.com Grace McCarthy Sydney Business School University of Wollongong Tel:+61 2 42214880 NSW-2522, Australia Email: gracemc@uow.edu.au Mahfuzur Rahman Lincoln International Business School University of Lincoln Tel: +44 01522 83 5531 Lincoln LN5 7AT, United Kingdom Email: MaRahman@lincoln.ac.uk *Corresponding author 1 Transforming Business Using Digital Innovations: The Application of AI, Blockchain, Cloud and Data Analytics Abstract This study explores digital business transformation through the lens of four emerging technology fields: artificial intelligence, blockchain, cloud and data analytics (i.e., ABCD). Specifically, the study investigates the operations and value propositions of these distinct but increasingly converging technologies. Due to the dynamic nature of innovation, the potential of this ABCD hybridization, integration, recombination and convergence has yet to be considered. Using a multidisciplinary approach, the findings of the study show wide-reaching and diverse applications among a variety of vertical sectors, presenting exploratory research avenues for future investigation. The study also highlights the practical implications of these new technologies. 2 1. Introduction “Pity the enterprise whose fortunes are tied exclusively to the analog world, be it producing film, renting videos, retailing books, or selling packaged software” (Narayen, 2018).
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