Unlike economic transitions of the past, the current turmoil is driven by the fact that technology no longer requires a newcomer to compete directly with entrenched players. Airbnb, for example, is now a dominant player in the hotel industry even though it doesn’t own a single hotel, nor any real estate. Apple provides few apps of its own, but virtually no one can launch a successful one without the App Store. And Uber has put the fear into leading car manufacturers and taxi companies without owning a single car. Will your industry be next?
require new methods of development, delivery and integration
must be modernized and expanded onto cloud-based infrastructure
must be made more agile across IT and multiple business divisions