We are in the midst of a major technology revolution. Digital now dominates every sector of the economy – it is reshaping industries, disrupting businesses and introducing new operating models. It is also opening up new opportunities to create jobs and boost economic growth.
Businesses that are not ready for this revolution will struggle in the next seven years and beyond. A business that recognises the power of now, does not hesitate to innovate, take new technology on board and stay ahead of the competition. It is always primed and ready to leap ahead, leaving opponents in its wake. It is time to choose your digital partner wisely. A partner that can deliver a sustainable business outcome.
Digital is reinventing industry as we know it, and executives need to rethink their business to gain a competitive edge
Only the right combination of advanced technologies can enable digital transformation and enterprise-wide growth. In fact, an optimal mix could save large companies up to $16 billion. But how do you turn disruption into a solution?
Digital is driving convergence across industries, enabling new competitors to enter, and forcing companies to redefine how they compete. At the same time, there is added pressure from active investors in various industries who have a higher expectation for profitability. The path forward is clear: to grow, companies must proactively identify activities that drive value, take out costs that are not contributing to business goals and reinvest those savings into growth.
The next level of operational excellence will emerge from the latest gains in software intelligence. Business and technology leaders must now view software intelligence not as a pilot or a once-off project, but as an across-the-board functionality – one that will drive new levels of evolution and discovery, propelling innovation throughout the enterprise.
Most brands are falling short and customer expectations are outpacing experiences. Customers’ expectations are forged by their experiences of leading brands across industries. They are brand and quality conscious‚ they seek out the latest trends but watch their budget‚ and look out for personalised as well as unique shopping experience. However, many companies are still failing to deliver on these expectations.