WEF 2017: The Future of Work and the 10 Summits Ahead
The second hottest topic of conversation in World Economic Forum (WEF) conference rooms and Davos restaurants this week: What exactly is the future of work? (We’ll get to the first hottest topic in a minute.) Over coffee and schnitzel (and the odd glass or three of gluhwein), attendees are pondering the work ahead, and how […]Read More
WEF 2017: A Manifest Destiny of Machines
As we approach this year’s annual meeting of the World Economic Forum, a new economy – a digital economy – is emerging from the red hot furnace of technological innovation. An economy based on artificial intelligence, algorithms, “bots” and instrumented “things” is taking shape and, in the process, generating huge new money from ideas that […]Read More
Will Banks Seize Their API Advantage?
With the rise of digital technologies and industry convergence in the Digital Disruption 2.0 era, it’s increasingly clear that anyone who wants to offer banking services can do so. To prepare for this new open environment, banks need to understand where people and organizations are obtaining financial services today and where they might tomorrow. The […]Read More
With Automation, What Happens to the Humans?
Automation is clearly a two-edged sword. While applying automation, robotics and artificial intelligence capabilities to business processes can help businesses boost efficiency, quality and profitability, the resulting displacement of human workers can also inflict damage to the very fiber of the organization. Rather than focusing on how these technologies will replace humans, however, I prefer […]Read More
What Does ‘Being Digital’ Mean to Life Sciences?
No matter the industry, “being digital” goes well beyond developing a few mobile apps, launching a Web portal or moving a system or application to the cloud. It actually means changing the core DNA of your company operations to propel new business growth and operational models. Successful life sciences companies will seamlessly blend physical and digital components, delivering […]Read More
The Future of Bank Brands
The notion of a dramatically different banking future is not hard to conjure, considering how the digital generation operates, transacts and interacts. Projecting five or 10 years out, will customers explicitly choose to work with bank brands at all, or will they simply look for a financial solution and take their business to whoever offers […]Read More
The pace of technology change in the financial services industry has left many banks concerned that they will lag behind or miss out on fast evolving digital opportunities. In response, some are pursuing tactical projects involving digital technologies – what we call “doing” rather than “being” digital. When organizations “do digital,” they dive into digital […]Read More
A Portfolio Approach to Banking’s Future
A pertinent question was asked during the Q&A following my remarks at the CEB Financial Services Summit in Boston earlier this year: With the pace and scope of Digital Disruption 2.0, should banks invest in automating legacy processes, or should they skip trying to rewire anything and go straight to establishing fintech partnerships? At this […]Read More
Merger and Acquisition Playbook Digitization
The pace of merger and acquisition may have reduced from last year (2015) in other sectors but technology is the busiest sector for M&A in 2016 as per reports in Wall Street Journal . M&A in Technology industry will continue to rise in 2017 both in number and deal size as per KPMG report.Most of the […]Read More
Platform Business Models Win- 4 Reasons Why
Across myriad enterprises, digital platforms are becoming more widely accepted but vary on business need. Some support broad, horizontal markets; others target business functions or industry sectors. For example, a company like Airbnb empowers trust between market participants and reduces information asymmetry. This can drive down the cost of delivery the service. And the platform can […]Read More