Many industries are facing accelerating pressure for fundamental business process transformation -- including embracing digital business technology, in order to survive and stay competitive -- according to the latest market study by Gartner. "Transformation remains a critically important phenomenon across all industries. Many industries will face intense challenges in 2014 and beyond, and will have no choice but to radically change their established business models," said Kimberly Harris-Ferrante, vice president and distinguished analyst at Gartner . Last year saw many industry decision-makers focusing on adopting new technologies to improve business operations by addressing developments such as the convergence of social, mobile, cloud and Big Data. Gartner believes that this trend is driven in part by the challenges of consumer empowerment and market commoditization, which in many ways are greater than in the past, and are particularly difficult for traditional enterp...
The Digital Business Transformation Journal