New technologies have made massive inroads in to business, including even traditional ones, not otherwise involving much of technology. Banks, retailers and car companies have been among such traditional sectors that have seen an influx of new technology filtering in. The inroads have been via cloud computing, machine learning, artificial intelligence and business analytics. To understand the kind of benefits these initiatives are having on the general health of businesses, some questions need to be posed, starting with how extensive is the adoption of these technologies by the non- tech firms. Another is what benefits have accrued to those that have gone digital. And thirdly, companies need to understand how they are faring after their adoption of these. The immediate improvement isn’t that significant, but it builds up over time.

Source:https://hbr.org/2019/06/research-investors-reward-companies-that-talk-up-their-digital-initiatives

Uploaded Date:26 June 2019