Industry Insights

Financial Times: Europe Risks Falling Behind in Digital Transformation

By Ideas @ AppDirect / Jun 11, 2018

Digital Economy News Roundup 2

Here’s a selection of recent digital economy news from around the world that we’re talking about at AppDirect.

Europe Risks Falling Behind in Digital Transformation

Patrick McGee, Financial Times, June 4, 2018

“There are fears that Europe is falling behind in digital transformation, just as the so-called fourth industrial evolution begins to change the business models of traditional industries in noticeable ways… just 5 perent of manufacturers in Europe, the Middle East and Africa (Emea) are ‘digital champions,’ PwC says, versus 11 per cent in the Americas and 19 per cent in Asia-Pacific.” Read more.

Disrupting the Disruptors: How to Embrace Digital Transformation

Jeremy Swinfen-Green, Business Reporter, June 1, 2018

“Change shouldn’t be simply for the sake of change, Hicham warned. It should be designed to enable corporate goals. And for many organisations that means turning digital technology into revenue, either in the form of reduced costs or new and better services.” Read more.

The Slow Pace Of Digital Transformation

Adi Gaskell, Forbes, June 8, 2018

“To date, just one in three companies are going it alone, with more than 70% forming alliances and joint ventures to spread the risk of new technologies. This seems to be the preferred strategy for gaining the skills required, with acquisitions very low down the agenda of driving digital transformation.” Read more.

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