Infographic: 7 ways a digital ecosystem can grow your business
Credit to Author: Hervé Coureil| Date: Wed, 24 Jul 2019 02:53:37 +0000
Without question, no company can innovate in a silo in today’s digital economy. As our CEO Jean-Pascal Tricoire has said, “Business as usual simply won’t work in the Industry 4.0 economy. The hyper-connected world is too fast. We need a new approach — one that promises speed, agility, and the ability to see and address customer problems in a better way.”
Collaborative networks are the connective link for companies trying to extend their value chain in an asymmetrical marketplace where one-to-one relationships and transactions are no longer enough to compete. There is power in scanning the periphery of digital disruption and cultivating multiple perspectives to address energy and process efficiency problems through not just a new lens but actually a number of lenses (data, software, services).
Digital ecosystems such as Schneider Electric Exchange enable this visibility, empowering new ways to create, collaborate, and scale solutions to solve pressing efficiency, productivity, and sustainability challenges. Take a look at 7 ways digital ecosystems can grow your business in the fast-paced, disruptive digital economy.
Andy Rowsell-Jones, “Seizing the digital ecosystem opportunity“, Gartner’s 2017 CIO Agenda Report, October 14, 2016.
Martin Hirt, “If you’re not building an ecosystem, chances are your competitors are“, McKinsey & Company blog, June 12, 2018.
Cade Metz, “Tech giants are paying huge salaries for scare A.I talent“, New York Times, October 22, 2017.
Robert Vis, “Evidence has backed up those numbers ever since“, Entrepreneur, August 31, 2018.
Predicted in “Accenture Technology Vision report“, 2017.
Quote cited in “Google leads in the race to dominate artificial intelligence“, The Economist, December 7, 2017.
Tommaso Canonici, Xavier Contijoch of the consultancy, “Here’s how large firms can innovate by collaborating with startups”, Forbes, May 10, 2018.
PwC Consumer Intelligence Series, “Bot Me“, Base: 500 business executives, 2017.
PwC and Business Higher Education Forum, “Investing in America’s data science and analytics talent“, April 2017.
Keerthi Iyengar, Somesh Khanna, Srinivas Ramadath, and Daniel Stephens, “What it really takes to capture the value of APIs”, McKinsey & Company, September 2017.
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