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Why digital transformation will drive business model innovation

Jeffrey Phillips

Using GM as an example To illustrate this point let's consider General Motors, or for that matter any car company. Financing If sales move from individual buyers to fleets, financing models change. Most car companies make a profit from both the sales of the vehicle and also financing a loan. Shifts in branding?

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Emerging Trends Impacting the Financial Sector in 2019

IdeaScale

What trends in innovation will affect finance in 2019? Many apps, for example, are using the biometric sensors that turn up on phones as an extra layer of security, helping to protect client accounts. Everybody talks about big data, but fintech has an advantage in that it’s been working with data for decades.

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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

For example, 93% of supply chain and industrial experts want to prioritize the resilience of their manufacturing operations, and 70% agree that a smart factory is the best approach to get there. For example, changes in product design, market demands, or production volume are more difficult to accommodate in these rigid legacy solutions.

Data 52
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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

For example, 93% of supply chain and industrial experts want to prioritize the resilience of their manufacturing operations, and 70% agree that a smart factory is the best approach to get there. For example, changes in product design, market demands, or production volume are more difficult to accommodate in these rigid legacy solutions.

Data 52
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A new value chain for next-generation mobility

Corporate Innovation

In my book, The Big Data Opportunity in Our Driverless Future , I make two arguments: 1) that societal and urban challenges are accelerating the adoption of on-demand mobility, and 2) technology advances, including big data and machine intelligence, are making Autonomous Connected and Electrified (ACE) vehicles a reality.

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Data-Driven Mindset: how to implement data culture in your company?

mjvinnovation

The benefits of guiding your decision making with data are numerous, among them: Cost reduction Decrease in rework Efficiency Customer satisfaction Market value. The rise of data-driven culture. Data Science. Influence of the data-driven mindset by sector. Sensors and devices capture data from conductors, for example.

Data 59
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Analysis Of The Next-Generation Mobility Value Chain

Corporate Innovation

In my book The Big Data Opportunity In Our Driverless Future I identify two distinct value chains that have been established because of the car ownership-centric model that has been dominant for the past 70+ years: the vehicle manufacturing and sale value chain , and the vehicle use value chain.