Digital Transformation: Transforming Business Models
Digital Transformation: Transforming Business Models A third, and perhaps the most noteworthy aspect of an organization’s digital transformation, is the transformation of it’s business model. The digital world has allowed, and oftentimes necessitates, the complete reformation of the way a business makes money and goes to market. Capgemini Consulting and MIT offer two notable ways this occurs. Digitally-modified Businesses (i.e. sustaining innovations) A digitally modified business is one that adopts technologies or innovations that add to their current product or...
Read MoreDigital Transformation: Our World is Evolving, Is Your Company?
Digital Transformation: Our World is Evolving, Is Your Company? Just out of curiosity… What was the first thing you did today? You just stepped into line at the DMV, what do you do? How has your job changed over the past 10 years? Or if you haven’t been in the workforce that long, did your job even exist a decade or two in the past? And finally, last time you made a purchase for a Christmas gift, how did you decide what to buy and where to buy it? No doubt, technology has changed the way we live. We are constantly connected, always being advertised to and last year’s “ways of working”...
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