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Connected Futures: Every Organization Will Become a Digital Organization


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Connected Futures

Published in: Technology

Connected Futures: Every Organization Will Become a Digital Organization

  1. 1. Every Organization Will Become a Digital Organization #FutureOfIT
  2. 2. “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
  3. 3. “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
  4. 4. “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
  5. 5. 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
  6. 6. “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
  7. 7. 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
  8. 8. 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
  9. 9. “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
  10. 10. 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
  11. 11. 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
  12. 12. #FutureOfIT See more insights here Click this button to share this SlideShare