Tokyo-based technology firm Toshiba has revealed that it will appoint its first Chief Digital Officer (CDO) to lead its new Digital Transformation Strategy Acceleration Division, set to be launched on 1 April.
Led by the CDO, the division will spearhead the company’s digital transformation by becoming a hub of digitization for the company, developing strategies in the process such as the company’s outlined goal of creating an IoT platform for group management.
These changes aim to transform the company’s business model and stay ahead in an increasingly competitive digital environment.
“Toshiba will channel resources into reinforcing SPINEX™, its IoT architecture, and promote businesses that provide customers with swift, efficient solutions through digitization and cutting-edge capabilities, in areas including artificial intelligence, digital simulation and security,” the company said.
“These advances will leverage Toshiba Group’s deep know-how in managing and optimizing customers’ systems, gained through long accumulated business expertise and world-class manufacturing technologies.”
Both the division and the CDO will promote innovation within the company’s business alliances in the aim of developing an ecosystem to encourage the expansion of new digital businesses.
Further, Toshiba has also revealed that its subsidiary Toshiba Digital Solutions Corporation (TDSL) will focus on the development of solutions that utilize both AI and IoT. For more on Toshiba's recent work using AI, see the exclusive interview with Gigabit Magazine about the company's AR, VR and B2B Smart Glasses.