Factors Driving Transformation:
A range of factors are driving industry change, but our research has identified four common trends that are impacting organizations in all countries: the emergence of new, disruptive competitors; digitalization; the need to embrace new business models; and the growing adoption of productization and servitization. In several cases, the advent of cloud computing has significantly contributed to the advancement of these trends, leading to it being seen as an enabler of industry transformation.
- The emergence of New, Disruptive Competitors
- Development of New Business Models
- Servitisation and Productisation Waves