Survival The reality is that the companies that will prevail through this new frontier, marked by digital transformation and essentially data, are only those corporate entities and leaders that above all, recognize that survival is survival regardless of all the rapid changes that need to be implemented.
Seize the 4IR Opportunity Corporations and their leaders must be proactive and be ready to seize the incredible trillions of dollars pie that this disruptive and profitable 4IR is putting at their doorstep. This will not only mean an evolution into the new structures of wealth creation but it will ultimately mean their corporate survival.
Potential Reward or Risk of Extinction There has never been a time like this before in our human collective history. For the first time in humanity, we are int the presence of a true binary collective outcome, truly win or loose. Through our human history we have seen empires rise and fall, but not even Roman-Greco classical empire times compare to this. Winning, as Siebel so succinctly puts it, means in his experience that “for any large enterprise, the annual economic value of deploying AI and IoT applications ranges from hundreds of millions to billions of dollars”. Loosing on the other hand, means nothing less than risking extinction.
Evolve-or-die The companies that digitally transform, and embrace the 4IR new frontier technologies, will be operating at such a new efficiency level that their laggard competition will just not be able to catch up. It is truly evolve-or-die.
All of this, because we have been able to harness the power of Data. It is that Data, that has placed us at the doorsteps of a new era, one where the world has actually changed and we can’t ever go back to the way things were yesterday. As a human collective, individually in leadership and corporately, we must reinvent ourselves and not be afraid to change while fighting for survival … yes—the stakes have never been higher.