Digital Transformation

Every company will become a tech company

At many organisations, digital transformation efforts have been underway for several years. In 2020, those efforts are accelerating. The need for business continuity during a time of rapid change, as well as the need to work differently due to limitations, or to achieve cost savings, has made digital transformation a priority

Global society will benefit from tech intensity

It’s not all about the bottom line for businesses. The efforts of businesses include positive network effects, economies of scale and a global reach of societal benefit and improvements. We are already seeing sectors such as healthcare gaining ground using the power of technology to deliver easier access to practitioners, decrease costs and treat more patients faster and in
a less expensive way

Lines between and within industries will blur

Restaurants have switched to meal prep delivery services. Retail companies are becoming banks. Telecommunications companies are becoming media giants. Grocery stores are offering more health- and wellness-related services. Manufacturers are leveraging their infrastructure to produce personal protective equipment.

Corporate cultures will shift

Enabling remote work with collaboration technology is no longer a
competitive differentiator – it’s a necessity for business continuity. Even as companies enable teams to work anywhere, corporate cultures are adapting to become more empathetic and human-centric. Collaboration technology helps teams work more efficiently while facilitating the virtual human connections that define the workplace.