3 Trends Make Digital Disruption An Urgent Priority - InformationWeek

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IoT
IoT
IT Leadership // Enterprise Agility
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9/26/2014
12:50 PM
Rob Preston
Rob Preston
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3 Trends Make Digital Disruption An Urgent Priority

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john_mathon
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john_mathon,
User Rank: Apprentice
10/1/2014 | 5:28:02 PM
The pace of change is accelerating
When you look at the disrupting influences there are 6 major movements that are having the greatest disruption but looking at the specific technology is not necessarily the answer.  Many of these technologies like "Uber" for instance are applications of technology in new ways that are hard to predict.  Could the taxi business see that they could make it easier to connect with customers by having an app as well as a phone number?  Probably but nobody did.  Some businesses 10 years ago were virtually without technology at all and today are being disrupted massively, i.e. advertising for instance was a low tech business for years.   Retail missed the boat for years.  The disruptions are coming fast and with more impact.  In finance the growth of numerous replacements for traditional lending and finance from consumer to startups.  Now Bitcoin and Ripple and other digital currencies are not only challenging regular currencies but also targeting the entire financial settlement process to increase efficiency and lower costs.  Keep your eyes open folks.  Encourage intrapreueuership and reward it.
Engagiant_iRevu
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Engagiant_iRevu,
User Rank: Apprentice
9/28/2014 | 4:45:04 AM
It's a company-wide transformation
It's definitely true what you say about the trasformation going to affect all areas of the business, far beyond just IT. We observe it in HR right now, with HR executives looking for ways to replace annual performace survey with mobile tools for real-time feedback sharing. It definitely is a priority and profound changes are already in motion.

We are trying to do our bit, too, helping to promote mobile communication and a new way of feedback sharing within companies: www.engagiant.com.
SunitaT0
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SunitaT0,
User Rank: Ninja
9/27/2014 | 4:32:53 AM
Times are a-changing
"The biggest digital natives are getting restless to move into new markets -- for example, the search giant Google into financial, telecom, home automation, and package delivery; the room-sharing pioneer Airbnb into dinner party services; the social networker LinkedIn into media and content. They now have market caps to grow and shareholders to please. They're upping their game." 

With the amount of positive feedback each of these companies have got, it is only natural they will be spreading their influences in other sectors which can have a digital profit. Take google for example. They are taking into home automation and IOT because they can take data, which is the unit of currency in today's world and thus are making profits by collecting and analyzing data.
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