connected futures: every organization will become a digital organization
TRANSCRIPT
“Every company is a technology company. If you
don’t transform, your industry will be transformed.” Source: Robert F. Smith, Chairman and CEO,
Vista Equity Partners, WEF, 2015
#FutureOfIT
“If your CEO was at the World Economic Forum in
Davos, I guarantee you that the No. 1 thing on his
or her mind is how to make your company a digital
company. But almost every company coming out
of Davos said, ‘I’m not moving fast enough. I have
to become a digital company first, a physical
company second.’”
#FutureOfIT
Source: John Chambers, Chairman and CEO,
Cisco Systems, WSJ, 2015
“Every company’s future is going to depend on
whether they catch the market transitions right.
Forty percent of the companies in this room won't
exist, in my opinion, in a meaningful way in 10 years
unless they change dramatically. Getting market
transitions right is the first issue, and obviously,
digitization and the Internet of Everything is at the
front of that.”
#FutureOfIT
Source: John Chambers, Chairman and CEO,
Cisco Systems, WEF, 2015
Seventy-four percent of business executives
say their company has a digital strategy, but
only 15% feel they have the skills and
capabilities to execute it.Source: Forrester
#FutureOfIT
“It’s happening by waves. We had the first wave
of digital consumer, much more for the B2C
organization. And we moved to the digital enterprise,
you reinvent the processes of the organization and
make them more effective. And now we are moving
to digital operations. The Internet of Everything…
putting intelligence at the heart of your operation
and connecting the world and information.”
#FutureOfIT
Source: Pierre Nanterme, CEO, Accenture, WEF, 2015
The majority of CEOs think that digital
technologies have created high value for their
organizations. CEOs cited areas including data
and data analytics, customer experience, digital
trust and innovation capacity as key areas where
digital technologies are delivering value.
#FutureOfIT
Source: PwC 18th Annual Global CEO Survey, 2015
By 2018, digital business will require 50 percent
less business process workers and 500 percent
more key digital business jobs, compared with
traditional models.
#FutureOfIT
Source: Gartner, 2014
“We're finding that the best companies, we call
them digital masters, are 26% more profitable
than their peers. And it's not just the digital stuff
they're doing, it's also related to how they lead
digital, how they do their vision, their engagement,
their governance.”
#FutureOfIT
Source: Dr. George Westerman, Research Scientist
for MIT’s Sloan Initiative on the Digital Economy
Uber:
Digitized the taxi experience and transformed the
transportation service industry
Airbnb:
A completely consumer-enabled and digital
experience business model for hospitality
Square:
Revolutionized mobile payments that could
disrupt banking and financial services
Consider how these digital organizations have
disrupted industries:
#FutureOfIT
By 2017, 70 percent of successful digital business
models will rely on deliberately unstable processes
designed to shift as customer needs shift.
Both IT and the business need to be flexible and
agile to respond to ever-changing customer needs.Source: Gartner, 2014
#FutureOfIT
#FutureOfIT
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