The suppliers of Digitization
Digitization affects not only the demand side. The supply side — the collection of industries and companies, including traditional IT service providers, telecom companies, and the hardware, software, and Internet players that are creating the technologies for this brave new world — is undergoing a parallel transformation. The market for information and communications technologies is booming. Long-standing information and communication technology (ICT) players face increased competition from any number of non-traditional players offering new services in response to ever-changing demand. What’s more, the boundaries between market segments are becoming increasingly blurry. Players both old and new face real challenges in meeting the demand for new products and services in the age of digitization, and the challenges aren’t just technological. New business models are emerging, as are new modes of innovation, both of which are roiling what used to be a relatively stable business environment for the old-line ICT service providers.
The digital interconnection of billions of devices is today’s most dynamic business opportunity.
Key publications on the Suppliers of Digitization
In its second year, this study analyzes the top companies in the digitization ecosystem, describing which are prospering and which are not, and providing some guidance about why.
Digitization is rapidly changing how people interact, shop, and consume information and entertainment, and how companies conduct operations and connect with their customers. (Financial Times ‘The Connected Business’ guest column)
Residential consumers are demanding more and more cloud computing services and storage, and the volume of data they want to store in the cloud is substantial.
CIOs who hope to benefit from the low cost and convenience of cloud computing should pay attention to the evolving need for better, more consistent technological standards.
By now we are all familiar with on-demand business models that allow customers to access technology solutions without owning the infrastructure, technology, and people required to develop, deliver, and support them.
Global technology industry leaders have become giants fueled by the digital technologies that they unleashed on other people’s businesses. (Financial Times ‘The Connected Business’ guest column)
Capturing the new value created in the digital space over the next several years will depend on the ability of companies to develop strategies. (Financial Times ‘The Connected Business’ guest column)