This document discusses digital disruption and the need for companies to develop digital strategies. It makes the following key points:
1. Technologies like cloud, IoT, mobile, and cognitive computing are evolving rapidly and converging, eliminating previous limitations. Companies need integrated digital strategies that leverage these technologies appropriately.
2. There are two main types of digital strategies - customer engagement strategies that focus on serving customer needs, and digitized solutions strategies that focus on using digital technologies to solve specific problems.
3. Developing the right digital strategy requires assessing how to best apply technologies to the business, engaging employees in change, and establishing leadership and resources to support digital transformation. It is a multi-year process that establishes capabilities and