How to Avoid Extinction in the Age of Digital Disruptive Technology
If you’re trying to catch up with the digital economy while maintaining old, legacy systems and watching your competitors embrace digital transformation, machine learning, artificial intelligence and other emerging technologies, you may be running out of time. If you are concerned that you’re so far behind that your company’s survival is at stake, much like Toys “R” Us, RadioShack and many other notable casualties, then now is the time to act.
According to recent studies, about 50% of companies today have not yet started to digitally transform their organizations, while 25% are racing ahead and preparing to crush their competition. Those 25% will define the nature of competition for the next decade. But there’s good news if you are a laggard – it is entirely possible for you to leapfrog from last place and move to the front of the pack with the right enterprise transformation strategy and execution.
The potential for disruptive products or services based on new business models to take over a market is one of the biggest threats to technology laggards today, but it’s also one of the greatest opportunities for those who decide to make the leap from laggard to leader.
Learn more in our White Paper, “How to Avoid Extinction in the Age of Digital Disruptive Technology.”