The world is in the midst of an unprecedented reset
Amid the disruption, pain and loss of 2020, the global pandemic provided a rare window into the future of business as it unfolded in real time.
The scope and speed of change was unprecedented, accelerating digital adaptation by as much as five years in a 12-month period. Disruption ruled, as legacy companies imploded. Everything that could be digitized was, from education and exercise to currency and cars.
5 min read · Mar 26th · Lessons from three companies that changed how they create value.
If you can’t answer the questions “Why are we here?” or “What unique value do we add for our customers?” then you are likely at best just staying in the game.
Komatsu initially launched construction machinery that utilizes GPS, digital mapping, sensors, and IoT connections to enable its customers to use Komatsu equipment more efficiently. The company has since gone further and opened up its Landlog platform and data that allows customers, competitors and other companies in the construction ecosystem to better coordinate their activities and improve total productivity across a construction project. These pre-Covid business model innovations have since allowed Komatsu to scale up new sources of revenue via managed services and automated platforms, and even accelerated the rollout of new offerings after Covid hit, despite the slump in construction activity.
8 min read · Jan 29th · ARK Invest Big Ideas 2021 annual research report seeks to highlight the latest developments in innovation and offers some of our most provocative research conclusions for the year.
~11 min read · 2020-12-02 · Organizations are using automation to drive operational efficiency, improve business processes and stakeholder experiences. But as demand for automation soars, IT teams find it difficult to deliver on…