Our CTO , Murray Cantor had a recently published article on the Tech Beacon website.
In the paper, Dr. Cantor discusses how disruption has become a business constant these days. A big reason for that, is the convergence of the cloud, the Internet of Things (IoT), inexpensive computing power, increasingly capable artificial intelligence, and ubiquitous mobile devices, including smartphones. Combine all of that with the internationalization of finance, and it’s easy to understand why every industry—from retail to entertainment, from insurance to IT, from shaving equipment to healthcare—is undergoing disruption.
Some companies fail to respond to the changes, and they are dead or dying businesses. Some respond well because they are agile—not just in their software and systems development, but in their other business processes as well, such as marketing, finance, human resources, and accounting.
Traditionally, executives are trained to build stable organizations with lasting value and predictable behavior. But that doesn’t mean they should be impervious to change; in fact, that can be a path to failure.
To read the full article click here.