Rapid advances in digital technology are redefining society.
Digital transformation provides industry with unparalleled opportunities for value creation. It used to take Fortune 500 companies an average of 20 years to reach a billion-dollar valuation; today’s digital start-ups are getting there in four.
Digital technologies are creating new profit pools by transforming customer expectations and how companies can address them.
At the same time, digitalization could produce benefits for society that equal, or even surpass, the value created for industry – the mass adoption of autonomous vehicles and usage-based car insurance, for instance, could save around 1 million lives by 2025 (World Economic Forum).
“We need a Gigabyte Society. DigitTransformation only successful if team play government&industry “(Günther H. Oettinger, EU Commissioner for Digital Economy and Society )
Fostering business innovation…