Nine Disruptive Trends Shaping Business and IT

By Samuel Greengard
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    Trend 1: Disruptive Innovation

    Trend 1: Disruptive Innovation

    Advice: Develop an innovation strategy that connects to the company's vision and capabilities; foster innovation; identify opportunities for growth; determine strategic investments; and identify partners for digital ecosystems.

There's no doubt that the business world has entered an era of unmatched disruption. New technologies—and new ways that technologies intersect—have created both opportunity and risks for organizations. From the CEO's office to the front lines of the business, these trends are shaping the future of the enterprise and determining which companies will thrive and which won't survive the coming years. A new report from consulting firm PwC, "The New Digital Ecosystem Reality: Nine Trends Rewriting the Rules of Business," examines this changing landscape and offers specifics about what business and IT leaders must focus on in the months and years ahead in order to stay at the front of—or ahead of—the competition. The report identifies nine interrelated trends that require a unified strategy and technology road map. "The convergence of consumer and corporate capabilities has forced companies across industries to leverage technology to extend or provide new ways of delivering value to their customers," says PwC U.S. technology industry leader Tom Archer. "Virtually every company is transforming to become a technology company. Technology is creating the value differentiation in every industry with the digitization of product and service delivery."  

This article was originally published on 2013-11-08
Samuel Greengard is a freelance writer for Baseline.
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