Eighty percent of business leaders think their industry will be positively disrupted by digital transformation within the next three years, a Harvard Business Review Analytic Services report, sponsored by Microsoft found.
Released at Microsoft Digital Difference event, the report also revealed that fewer than half actually have a digital strategy in place.
“It’s time for businesses to take digital disruption seriously,” said Abbie Lundberg, contributing editor and author of the Harvard Business Review Analytic Services report, released today.
“Many firms struggle with what it means to be a digital business and how to get there. But given what we heard from global leaders, becoming a digital business is the top priority for every leader who wants to survive beyond 2020.”
Major firms from different industry verticals such as UBS, Maersk, Hershey, Fruit of the Loom and GEICO showcased their solutions based on Microsoft’s intelligent cloud, Internet of Things, mixed reality and artificial intelligence.
Other companies showcased at today’s event include Bank of America, Gensler, Intermountain Healthcare, King’s Hawaiian, LaLiga, Mojix, Powershelf, Sarcos, Steelcase, ThyssenKrupp, Trimble and WebJet.