Boris Kontsevoi is a technology executive, President and CEO of Intetics Inc., a global software engineering and data processing company.
Rapid technological developments urge companies of all sizes to rethink their operations and offers. Recent McKinsey findings, for example, show that almost nine out of 10 organizations realize their business models will evolve. Out of all surveyed organizations, only 4% have already made fundamental changes to their business models; 21% plan on embedding digital technologies into their current models; while an astounding 64% want to build entirely new digital businesses.
This means we are going to see a huge shift among industries as they build digital practices from the ground up, rather than improving existing models.
This digital movement isn't limited to IT-related markets. It's shaping the evolution of all industries.
