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Thursday, March 02, 2017

Case for Digital Reinvention

Interesting statistics, at least, about what it takes to do such reinvention.

" ... As digitization continues its advance, the implications for revenues and profits will be dramatic. Bold, tightly integrated digital strategies will be the biggest differentiator between companies that win and companies that don’t, and the biggest payouts will go to those that initiate digital disruptions. ... " 

The Case for Digital Reinvention
By Jacques Bughin, Laura LaBerge, and Anette Mell

Digital technology, despite its seeming ubiquity, has only begun to penetrate industries. As it continues its advance, the implications for revenues, profits, and opportunities will be dramatic.

As new markets emerge, profit pools shift, and digital technologies pervade more of everyday life, it’s easy to assume that the economy’s digitization is already far advanced. According to our latest research, however, the forces of digital have yet to become fully mainstream. On average, industries are less than 40 percent digitized, despite the relatively deep penetration of these technologies in media, retail, and high tech. ... " 

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