How Digital Transformation changes the future for large companies

 

Digital-Transformation

 

IDC, a global provider of information technology intelligence, advisory and events, forecast the worldwide growth of Digital Transformation:

  • 2016:  65% of large enterprises will have shifted their focus to become information-based companies
  • 2017:  Two-thirds of the CEO’s of the G2000 will have shifted their corporate strategy to Digital Transformation
  • 2017:  Contextual understanding and next best action will become a major investment area
  • 2018:  20% of employees will make decisions and do work using automated assistance technologies
  • 2018:  80% of B2C companies will create immersive omni-experiences for customers, partners and employees
  • 2020:  Productivity will have been doubled by 60% of the G2000, through Digital Transformation

Today’s companies and governments are increasingly re-focusing and engaging in building the first digital planet in history. Hundreds of billions are already starting to be spent every year on Digital Transformations that include M&A, platforms, products, services, IoT devices, integration, new standards, and more.

$449 billion was spent in 2015 in technology M&A (Mergers and Acquisitions) alone. This partly reflects a long-standing need to increase quarterly short-term profits by cutting R&D and focusing on rapid new product commercialization. This pattern is part of  the well studied and reported decline in American innovation,

The financial and strategic stakes are clarified by the huge amount that’s being spent to acquire the right pieces by the tech industry — $449B was spent in tech M&A (technology Mergers and Acquisitions) in 2015 alone. M&A is an expensive way to back-fill the well studied and reported decline in American innovation:

“The pathway to America’s ‘endless frontier’ is clear, but America is not on it…. Industry’s nearly total R&D focus on rapidly commercializing products, when combined with growing constraints on support of university research, could devastate our national innovation system.” American Academy of Arts & Sciences, Restoring the Foundation: The Vital Role of Research in Preserving the American Dream, 2014.

M&A is an expensive way to back-fill today’s diminished R&D and innovation. Unfortunately, M&A will not be enough if the advances that a company wants to buy are not available.

What’s missing and needed? It’s the technology to build the increasingly prosperous planet and economy that we expected advanced technology to produce. Instead, today’s startups often focus on quick sales and fast “traction.” What’s easier and faster if you’re a startup? Develop a way to cut costs by shedding employees? Or create a real, new kind of leap ahead that changes the world?

Today’s venture capitalists fund countless copycat startups (Uber for X, Airbnb for Y) who pivot in a frantic quest to discover new attack vectors on their target industry, then scale it before anyone else. The more this creative destruction saturates the economy, the more the middle class declines, the larger grows the number of underemployed educated people, and the more frequently trumpeted are the forecasts that we are entering an age where work will be done by software and robotics. The experts conclude that there soon won’t be enough jobs for most people to stay employed. In fact, the dismal forecast is for too many people for the number of jobs that will be available.

If today’s pattern continues, will a Digital Transformation be enough to save most large companies?

The direct answer is “no.” Many companies will decline from today’s winner-take-all digital economy:

With today’s digital winners building ecosystems that enrich themselves, they are achieving customer lockdowns that limit other companies’ future. For many of today’s companies these are digital roadblocks, not runways. The many coming M&A’s and Digital Transformations won’t matter if the right new technologies are not available to reopen the future.

That’s why new Expandiverse Technology is different. This is designed for this historic building of a Digital Earth precisely when companies face an unprecedented convergence of an innovation decline / need for new advances in technology / usefulness for a company’s Digital Transformation / evolution of a more prosperous economy.

The Expandiverse is designed to jump-start humanity’s first Digital Earth — a tele-everything world that could enable human exponential growth, for everyone, for the first time.

First patent granted. Citations. 8 of 10 of world’s biggest companies. PTO division into 31 areas. 2031 and Patents from the Future.

THEN do the tech’s benefits, below…

 

 

The Expandiverse adds technology that can alter both high-level and detailed parts of your company’s Digital Transformation. Will your company focus on today’s narrow IoT view of connected products and services, with people left out and left behind? Or will your company design and build a world where your company could rise to the top of your industry and the world economy, by creating “always on” markets and customer relationships, by delivering universal successes worldwide, and by including everyone? The difference is a world where you stay continuously connected with everyone in and entering your markets, because your company helps every person rise to become the best in the world. Your leadership could change the world, along with your role and position in it.

Parts of what this people-first Digital Earth can be are in the 7 videos on the home page of DigitalEarth2025.com, especially this version of a “what’s the technology” video because it’s easy to make this full screen.

This project also has an implementation side, with a custom vision that helps your company see its digital future, with hands-on guidance to build it, and ways to grow your company’s abilities.

This patent’s underlying focus is “where are we going, and what kinds of lives and world are we building?” That may or may not be relevant to most techies — but this is what the patent is really about. This is on some roadmaps, because within 2 months after the patent was issued this application has been cited by 350 subsequent patents — including including 62 patents from 8 of the 10 biggest tech companies in the world: Apple, Google, Samsung, Microsoft, IBM, Intel, Oracle and Hon Hai (Foxconn).

The Expandiverse adds new people-first technology to the practical question of how Digital Transformations will be built — with both high-level concepts and low-level details. That’s more than the usual patent’s narrow focus, because this describes how to build a Digital Earth that includes everyone — as a single new advance.

From a business view, a few companies could lead this, or many companies could take advantage of it:  For each company that wants to lead, the core strategic goal is to rise to the top of their industry or the global economy. Since tech produces “winner-take-all” markets, the business incentive here is for individual companies to use lean processes to affordably develop, market and “own” one or more of the Expandiverse’s planetary advances.

 

If you want it, your company can use its Digital Transformation to help lead this new kind of world. If your company helps everyone become continuously connected to real-time knowledge, instant resources (with products and services) and able to rise, your company’s role and central position will be transformed. Your company could rise to the top of your industry, and perhaps even the economy.

 

Image credit: Bigstock