July 2018

Columns

Digital

Today’s digital innovation is reshaping industries, disrupting business models and operating practices, and transforming business ecosystems.

Murray, P., Petrotechnics North America

Today’s digital innovation is reshaping industries, disrupting business models and operating practices, and transforming business ecosystems.  Companies that can increase digital fluency create value throughout the enterprise, and they typically dominate in most markets. The Boston Consulting Group says, “…companies with high technology intensity have high gross margins.” Accenture reports that companies that understand digital transformation earn 26% more profit than others. Most executive teams understand this, and they recognize the power of technology to change the rules of engagement for their businesses.  FIG. 1. Digitalization is the engine fueling

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