your digital transformation journey
TRANSCRIPT
By: Jeetu Patel, SVP Platform & Chief Strategy Officer
As digital transformation sweeps across the enterprise world, businesses are reinventing their models and even their brands.
Such companies are learning how to capitalize on the massive opportunities that digital initiatives uncover. They are developing new ways to do business and drive deeper engagement with all stakeholders in the value chain: customers, partners, suppliers, and employees.
The
Disruption Era
What percent of Fortune 500 companies have gone off the list since 2000?
14% A)26% B)37% C)
52% D)None of the above E)
Research Contributor: Steve Denning
How has life expectancy of a company on the Fortune 500 list evolved over 50 years?
50 years vs. 25 years A)
75 years vs. 15 years B)60 years vs. 6 years C)
120 years vs. 40 years D)
None of the above E)
Research Contributor: Steve Denning
In 2015, General Electric generated
in software revenue.
BILLION
Source: Harvard Business Review, The Industries that are being Disrupted the Most by Digital, 2016
Digital disruption of industries in the next 12 months.
39%
43%
47%
50%
51%
52%
52%
53%
57%
57%
61%
64%
72%
The question is no longer if a company needs to transform to
But
Companies digitally transform by removing friction from digital disruption
and improving their core service.
Shipping DVDs Streaming Movies Creating Original Web Series
On the 5-year anniversary of Mark Andreesen’s “Software is eating the world” provocation, today virtually every company
is building digital experiences.
Traditional companies are moving to digital to keep pace with consumers’ base expectations.
apps apps apps
Every company is becoming a
company.
The Isolated Experience of the Physical World
In the physical world, we do not compare in-store experiences across industries.
But in the digital world, every digital experience is compared to one another, and they are all compared with the world’s best digital experiences.
Ease of Use
Design
Login
Checkout
Performance
Notifications
In order to build
that are constantly compared to world-class experiences, companies must try not to spread themselves too thin.
Focus on Your Core
Companies will focus on curating a frictionless experience for their users, and leave the essential, yet non-core, elements to specialists.
PaaS
IaaS
The Modern Development Stack
ContentFunctional PaaS
Communication Payments Email Identity
There’s an emerging class of best-of-breed platforms that power essential functionality in your apps, so you don’t have to.
Transform Your
Remove friction Focus on your core
Use specialists for non-core
Top 10 Lessons from Technology Leaders on Digital Transformation
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Box Platform is a secure content management and collaboration solution for apps. With Box Platform, you can power content services in your apps without having to build and maintain your own content infrastructure. Box Platform accelerates development timelines, increases user engagement,
and maintains security and compliance in your apps.To learn more, visit box.com/platform