Technology is transforming the landscape in which businesses operate and the way they compete. Is your company keeping pace?
Is your company keeping pace with technological change?
Charles Darwin said that, “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” The same can be said about companies.
The pace of change today has never been so fast, and will never again be this slow. As such, it is imperative for companies to remain agile and adapt to their changing environment. The markets are seeing rapid, profound change which has been spurred by advances in technologies impacting all industries and all markets. The pace of change and impact of these technological advances have culminated in a fourth industrial revolution, which is characterized by a trend of hyper-connectivity and integration of technologies, processes and products. It represents a shift from digitization to cyber-physical systems through the union of technologies such as Internet of Things, robotics, big data and augmented decision support. Everyone is being challenged to leverage emerging technologies in order to increase efficiency, reduce costs, reinvent product offerings and accommodate the changing needs of their customers and workforce.
KPMG helps our clients better understand what the changing business and technological landscapes may mean for their businesses and how they can be leveraged into opportunities. We work alongside our clients in order to help them evaluate the current state of their business, develop a future state plan and aid in implementing the systems, processes and technologies to support their long-term strategies.
Contact one of KPMG’s professionals to find out how we can help your company envision the Next Revolution, sooner.