Category: Digital Articles

Acting on the Digital Imperative

Digital strategy and digital transformation are top priorities for CEOs around the world, but a fundamental question remains: How do we make it happen?

A BCG analysis of more than 1,000 companies undergoing digital transformation concluded that the most successful companies outperform their competition by excelling in speed, scale, and value.

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Digital globalisation: The new era of global flows

Conventional wisdom says that globalisation has stalled. But although the global goods trade has flattened and cross-border capital flows have declined sharply since 2008, globalisation is not heading into reverse. Rather, it is entering a new phase defined by soaring flows of data and information.

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Online fashion: where is the smart money going?

GP Bullhound, the technology investment bank, has today released its latest research report, which provides in-depth analysis on the investment activity and key innovative trends around the online fashion industry across Europe.

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Gartner reveals top IT predictions for 2016 and beyond

Gartner’s top IT predictions for 2016 look at the digital future, at an algorithmic and smart machine-driven world where people and machines must define harmonious relationships. Robotics and Artificial Intelligence are set to further revolutionise the technology landscape, bringing rapid change.

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Digital disruption and the future of the automotive industry

Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.

Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.

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‘Transformer in chief’: The new chief digital officer

In the alphabet soup that is today’s crowded C-suite, few roles attract as much attention as that of the chief digital officer, or CDO. While the position isn’t exactly new, what’s required of the average CDO is. Gone are the days of being responsible for introducing basic digital capabilities and perhaps piloting a handful of initiatives. The CDO is now a “transformer in chief,” charged with coordinating and managing comprehensive changes that address everything from updating how a company works to building out entirely new businesses. And he or she must make progress quickly.

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The Talent Imperative in Digital Business

MIT Sloan Management Review’s 2015 Digital Business Report is clear: Go digital, or risk losing top talent. It highlights two surprising insights that have profound implications for your organisation’s digital initiatives:

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Strategy, not Technology, drives Digital Transformation

Executives who think they’re in a technology arms race are focusing on the wrong area: The 2015 Digital Business Global Executive Study and Research Project by MIT Sloan Management Review and Deloitte identifies strategy, not technology, as the key driver of success in the digital arena.

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Unlocking the potential of the Internet of Things

The Internet of Things — sensors and actuators connected by networks to computing systems — has received enormous attention over the past five years. A new McKinsey Global Institute report, The Internet of Things: Mapping the value beyond the hype, attempts to determine exactly how IoT technology can create real economic value.

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Deconstructing the Fitbit S-1

Beginning early last year, whispers of Fitbit’s revenues started to circulate. Testing the numbers with investors, responses were mixed — some thought the figures were outlandish, and others confirmed them as absolutely true or undersold.

This is the story of wearables, a polarizing category that has been misunderstood, underestimated, and perhaps wrongly maligned. And this narrative will shadow Fitbit’s public offering — with one journalist already calling it a “sucker IPO” and another praising the company’s “surprising profits.”

Fitbit’s S-1 provides answers to questions many of us have debated for years, and leaves a number of others completely unanswered.

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Deloitte Digital’s latest study: Navigating the New Digital Divide

Deloitte Digital’s latest study, Navigating the New Digital Divide, predicts digital interactions will increase to influence 64 cents of every dollar spent in retail stores by the end of 2015 (equivalent to $2.2 trillion).

Deloitte Digital has also identified a growing digital divide where consumers’ digital behaviours and retailers’ ability to deliver on those consumer expectations continue to diverge.

This year’s study also uncovered dramatic new behaviours among consumers who use digital devices to shop.

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The Digital Imperative

Leaders in the digital age are different from leaders in the past. They prototype an agile strategy and learn from their experiences. They attack their own businesses before disrupters do. At the same time, they digitise their core business and get the most value from both their existing and external data, all the while mastering the digital ecosystems they operate in.

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