The pace of adoption of new technologies is increasing phenomenally. To give a simple example, it took the humble telephone decades to reach 50% of the households, cell phones were adopted in less than five years. Clearly, organizations across the globe are getting increasingly focused on anticipating new technology trends in order to stay ahead of the curve. As we enter the golden era of technological innovation, digital transformation is moving from being a buzzword to an organizational necessity.
In order to compete in this digital world, businesses have to transform and make way to adopt new technologies that will change the way businesses function. Executive Chairman of Cisco Systems John Chambers states that “at least 40% of businesses will die in the next 10 years… if they don’t figure out how to change their entire company to accommodate new technologies”.
Clearly, organizations across the … Read More