Today technology gives us endless opportunities to innovate, but the window to be the first closes quickly. This breakneck speed of change and adoption has businesses on edge and wondering how they can keep up not only with the competition they know but also deal with unexpected disruptors. Is Uber, Amazon, Google or Huawei making a move into my industry? Is today our day of reckoning with technology?
Recently, on two different occasions, I met with CIOs whose successful global companies are in two very different industries. Both are feeling overwhelmed by the pace of technology change. One CIO, who works in the transport and delivery business, is anxious about Uber moving aggressively into their sector. The other is in the finance industry and is working on a partnership deal two longtime competitors in order to start a new and separate company that can compete with Venmo and other mobile payment services.
Read More from This Article: IDG Contributor Network: Tech days of reckoning
Source: IT Strategy