The 3 Big Shifts Of Business in the Future

The keynote speaker for Futurist, Mr. Mike Walsh, Chief Executive Officer - Tomorrow, identified and exposed us to 3 significant changes that Companies will undergo in the following 5 to 10 years.
It's not about using technology to reduce expenses or boost productivity. The revolution of digital transformation has started. The collision of AI and data-driven business models is forming new sectors, shifting consumers' preferences and generational priorities.
There are three main changes in business:
1/ Shift from Business to Platforms (00:30)
2/ Shift from Transactions to Experiences (04:04)
3/ Shift from data to insights (06:18)
Mr. Mike Walsh presents few instances from well-known corporations like Amazon, Uber, Starbucks, and Build Ups from Israel in this video.
Thus, when these concepts are combined,Mr. Mike Walsh explains all. The trend becomes clear that the world is already undergoing a digital transition. The future of business will change as a result of this new era of AI-driven competition. Investment in digital capabilities to assist your own digital transformation should be made right away.


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