According to Juniper Research, over 1 billion smartphone users will have used their devices for banking purposes by the end of this year. This global user base is forecast to reach 2 billion by 2020, by which time it will represent 37 percent of the global adult population.
Source: Digital Lifescapes
Digital transformation will come not just from implementing new technologies — such as data analytics, Internet of Things (IoT), cloud and mobile computing — but from transforming across one’s entire organization to take advantage of the possibilities these new tools provide.
Source: Chief Executive
We knew this day would come, where the leading enterprise industry analysts would all acknowledge that business technology has evolved. Moreover, the integration of digital requirements into most work processes has resulted in a world where every capable employee is potentially a skilled Digital Practitioner.
Source: Digital Lifescapes
The HBR market research team completed a global study of the path that several organizations have taken to develop and deliver the digital learning support resources that their key internal stakeholders both need and want. The results may be familiar to many CEOs that have, or are about to, embark upon a similar journey.
Energy 2.0 is well underway. Whether it be Tesla Energy, SolarCity, Google, or another disruptive company that will soon achieve commercial viability, disruptive energy has already begun in some parts of the world.
To build advantage, organizations must do more than just change. They must transform. As technology’s role in business becomes ever more important, transformations will increasingly be underpinned by significant technology programs. In such technology-enabled transformations, IT leaders need two different strategies to ensure success.
To gain insight into emerging trends and outpace the competition, firms are putting Innovation Centers in place. According to new research, nearly 40% of companies polled worldwide had a center. Enterprise mobility was the most popular area of focus, cited by two-thirds of companies.
The past five years have seen major disruptions in business models. These disruptions of the past are now megatrends for the future and many of them are being driven by emerging technologies and digitization.
“New market and business models will become established as a result of this energy transformation and could quickly eclipse current company strategies. At risk for energy companies is their distribution channel to end customers, which upstarts could disintermediate, just as Amazon did to incumbent publishers and booksellers.”
One of the key facets of any Digital Business transformation effort today is ensuring that your partner is equipped to handle the increasing myriad of new technologies, all of which must be woven into seamless products, applications, and services.