Business transformation, disruption, digitalisation, digital transformation - they are all part of the same challenge presenting itself to individuals running companies of all sizes and industries across the world. Business leaders need to be considering what is digital transformation, the disruptive technology that leads it, how it affects their organisations and what risks and opportunities need to be planned for.
Those that take the initiative to overcome the hurdles of disruption to reach digital transformation will be prepared to face the future and capitalise on all it has to offer. Those that do not think ahead risk falling behind their competitors and new entrants in their markets.
What is the impact of digital disruption?
While digital disruption is inevitable, not all businesses will be affected in the same way. The market and sector will influence the level of impact, but it is clear that the tides of disruption are coming for businesses one way or another.
In our latest report 'Digital Currents in a Changing World' we have pulled together a comprehensive, compelling look at the forces driving digitalisation. In doing so, we have been able to look at how and when disruptive forces will begin to impact businesses globally.
By analysing data from the World Economic Forum and Economist Intelligence Unit, we have plotted 120 countries on a wave of 'readiness' for digital disruption and digitalisation, identifying which economies are ahead or behind when it comes to change driven by technology.
How can Gowling WLG help?
As new opportunities and challenges emerge for businesses via technology and digital transformation, it is essential that you have expertise available to you that can advise on best practice to ensure that you achieve your objectives and stay ahead of the curve.
To help explore what digital transformation could mean for you and your business please contact one of our Co-Chairs of Global Tech.
David E Brennan - Partner, Co-Chair of Global Tech
David acts for start-up companies at the beginning of their life cycle, through to established quoted companies. His practice is predominantly international in nature and he therefore regularly coordinates advice across a variety of jurisdictions to ensure a consistent approach, regardless of where the client is doing business.
Alexandra Brodie - Partner, Co-Chair of Global Tech
Alexandra ensures that our firm-wide team is immersed in the tech sector so that it can provide not just focussed advice and strategy but also connections and introductions for our clients. She is intrigued by the ever-increasing reach of tech into all industries and her team has recently provided networking events for clients in fields as diverse as autonomous cars, e-retail, additive manufacturing, connected health and FinTech.
Viona M. Duncan - Partner, Co-Chair of Global Tech
Viona is highly regarded for her ability to provide strategic, proactive and practical advice to her clients on complex M&A matters, as well as day-to-day commercial matters. She works closely with both traditional and technology companies, from startups to mature organisations. She regularly provides assistance to clients on a variety of technology contracting matters, including licensing, joint venture, strategic alliance and distribution agreements.
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