A new report shows that nearly as many companies are not planning to invest in digital transformation as those that are. By doing nothing, firms risk falling behind their competitors. The digital economy is one of the few growth opportunities for businesses and society. With devices, data and people becoming more interconnected, the potential to
By 2020, customer experience will overtake price and product as a key brand differentiator — and, for the most part, that experience will be digital. According to PwC, over the last several years virtually all the inflation-adjusted gains in retailer revenue “have been driven by online channels, which enjoy growth rates as much as 7
Feeling frustrated with your at-home clutter? Looking to get rid of anything that doesn’t spark joy? You’re not alone. More than ever, consumers are moving away from spending their hard-earned cash on stuff—and are instead putting it towards all the joyful intangibles that make life worth living, from restaurant dinners and concerts to inspiring classes
Commerce has successfully transitioned from being based around commodities, then products and finally services. Commerce began with commodities. Hundreds of years ago, we simply exchanged items for money in a single transaction. Take coffee, for example. You could buy a sack of beans, but you’d still have to put in a lot of work in
To draw on all the benefits of digitalization, businesses must first achieve an end-to-end integration of their data. This requires the integration of industrial software and automation, the expansion of communications networks, security in the area of automation and the use of business-specific industrial services. How to survive in the digital world Seizing the opportunities