WHY IT MATTERS: Digital Transformation
171.5K views | +31 today
Follow
WHY IT MATTERS: Digital Transformation
Get weekly or monthly digest of all posts in your inbox: https://fmcs.digital/wim-subscribe
Curated by Farid Mheir
Your new post is loading...
Scooped by Farid Mheir
Scoop.it!

What year is it again? Sure feels like the 1999 #dotcom bubble all over again - thanks to Annie Thabet & Claret

What year is it again? Sure feels like the 1999 #dotcom bubble all over again - thanks to Annie Thabet & Claret | WHY IT MATTERS: Digital Transformation | Scoop.it

Is this 1999?  It sure feels like it...

It seems to us that profitless companies seem to be back in vogue. Recently, companies like Uber and Lyft have gone public with very disruptive business models but no profit in sight. At best, profit might come a long way down the road. Yet they are given market valuations at levels that suggest a wildly profitable business model.

Farid Mheirs insight:

WHY IT MATTERS: for digital transformation, this post does not matter because digital transformation will continue for years to come because the fundamentals are good: new tech that solves a real problem, cost reduction, better customer experience, more flexibility, more features, etc. Fundamentals are also great for Machine Learning (AI) and blockchain because they truly represent milestones in the evolution of digital technologies, like HTTP did during the dotcom era.

Many companies will burst as the current bubble bursts (digital bubble? AI bubble? Blockchain bubble?), as did pet.com and Webvan in 2001. Yet, the same way Amazon & Google survived the downturn to emerge bigger and better, companies with crazy valuations today but with proper business models will survive this one. So go back to looking at the leaders behind those companies and determine if they can lead their ship past the disturbances that are bound to come with a bubble burst...

ZORINS TECHNOLOGIES's curator insight, July 16, 2019 5:02 AM

ZORINS TECHNOLOGIES NETWORKING LEADER IN GLOBAL MARKET & CISCO PARTNER.

PLEASE CONTACT US FOR CISCO PRODUCTS & MORE PRODUCTS LIKE NETWORKING, SERVERS, SMART BUILDINGS, DATA, VOICE COMMUNICATIONS,
COMPUTER, STORAGE, WIRELESS MOBILITY, BROADBAND ACCESS, CONSUMER GADGETS.

https://zorinstechnologies.com/index.php?route=information/contact

#Zorinstechnologies #Globalleader #CiscoPartner #Networking #ITProducts #CCTV #Cisco #Dlink #HPE #UPS #Switches #Routers
#POS #IPphones #eCommerce #Servers #Accesspoint #Racks #KSA #Riyadh #Dubai #Sharjah #Ajman #Hongkong #Hyderabad #India

 

More Updates Like: Zorins Technologies

#Globalleader #Zorinstechnologies #CiscoPartner #Networking #ITProducts #CCTV #Cisco #Dlink #HPE #UPS #Switches #Routers
#POS #IPphones #e-Commerce #Servers #Accesspoint #Racks #KSA #Riyadh #Dubai #Sharjah #Ajman #Hongkong #Hyderabad #India

Scooped by Farid Mheir
Scoop.it!

Bracing for seven critical changes as fintech matures | McKinsey & Company

Bracing for seven critical changes as fintech matures | McKinsey & Company | WHY IT MATTERS: Digital Transformation | Scoop.it

Fintechs have matured rapidly in recent years, and the industry is entering a new phase of development. With no signs of the industry’s growth abating, its reach is likely to broaden quickly to embrace even newer technologies and offerings, blurring the boundaries now delineating financial services. As the momentum continues, some aspects of fintech are likely to reach into a broad swath of the global economy, much like how digital technologies have become a necessity, rather than an option, for every industry. Understanding the seven features that characterize this new era will allow companies to stake out the most valuable plots in the new landscape.

Farid Mheirs insight:

WHY THIS IS IMPORTANT

Fintechs are paving the way for the transformation of a very slow moving industry - the Financial sector. We should all learn from this example in other industries that move slowly, for example grocery.

 

The accompanying report to this article is also full of interesting background information: http://www.mckinsey.com/~/media/mckinsey/industries/financial%20services/our%20insights/bracing%20for%20seven%20critical%20changes%20as%20fintech%20matures/fintechnicolor-the-new-picture-in-finance.ashx 

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Know Your Industries: 70+ Market Maps Covering Fintech, CPG, Auto Tech, Healthcare, And More

Know Your Industries: 70+ Market Maps Covering Fintech, CPG, Auto Tech, Healthcare, And More | WHY IT MATTERS: Digital Transformation | Scoop.it
Here's a collection of all 71 CB Insights market maps and unbundling/disrupting graphics.
Farid Mheirs insight:

WHY THIS IS IMPORTANT

Digital transformation often comes from startup innovations. So maps like those are very good to know where opportunities to improve lie.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

A #startup expriment in #transparency shares reasons, financial details and nextsteps when laying off 10 people

A #startup expriment in #transparency shares reasons, financial details and nextsteps when laying off 10 people | WHY IT MATTERS: Digital Transformation | Scoop.it
Some tough news: Buffer has made 10 layoffs, 11% of the team. We want to share openly how we got here, the financial details and how we’re moving forward.
Farid Mheirs insight:

A great read on how digital economy startups are doing things differently by sharing everything from revenues to salaries to how they are hiring and firing people. A great source of inspiration for anyone that ever had a startup and needed to take tough decisions.

No comment yet.
Curated by Farid Mheir
Get every post weekly in your inbox by registering here: http://fmcs.digital/newsletter-signup/