Digital transformation. I sense that this buzzword has been played out on the conference circuit. Whether we want to recognize it or not, all our lives are changing based on digital and technological advancements. It’s affecting all industries, and we feel it on a personal consumer basis as well as in business.
Apple Watches detecting arrhythmias in the heart, Facebook and Instagram serving targeted ads that now make it possible for any small “mom and pop” shop to drive a thriving retail brand, our kindergartners are using Chromebooks in the classroom, and Tesla’s electric cars and Google’s autonomous vehicles are changing our driving experience.
If your company is not doing SOMETHING to change manual or analog processes to digital – whether that’s just rearchitecting how you do order processing or month-end close, or implementing a large scale digital strategy to evolve how they deliver product or services, there should be concern about the future viability of the company. Here are top technology executives and what they have said of this world of digital transformation that our businesses must compete in:
“In Today’s era of volatility, there is no other way but to re-invent. the only sustainable advantage you can have over others is agility, that’s it. Because nothing else is sustainable, everything else you create, somebody else will replicate.” — JEFF BEZOS, AMAZON FOUNDER
“At least 40% of all businesses will die in the next 10 years… If they don’t figure out how to change their entire company to accommodate new technologies.” — JOHN CHAMBERS, EXECUTIVE CHAIRMAN, CISCO SYSTEM
“It’s no longer the big beating the small, but the fast beating the slow.” — ERIC PEARSON, CIO, INTERNATIONAL HOTEL GROUP (IHG)
The moral of the story is: No matter how much market share your company has, no one is safe. Up and coming start-ups drive viable threats to change the entire product and service market categories.
Kathleen Randall is responsible for SureCloud’s North America division, including sales, marketing, services, and customer support. Kathleen was most recently a Senior Manager in Dell Technologies’ RSA Archer GRC division, responsible for business strategy planning and market analysis.
Kathleen’s GRC expertise has been gained via practitioner, consulting and enterprise sales roles, working with organizations across industries, regions and company sizes. Prior to joining RSA, she was at Trustwave (acquired ControlPath GRC) and Deloitte. Kathleen’s Risk management experience includes Cybersecurity, outsourced internal audit and attestation service experience in both IT and Business processes. She has earned her CISSP, CISA and GSNA certifications.
SureCloud connects the dots with Integrated Risk Management solutions enabling you to make better decisions and achieve your desired business outcomes. SureCloud is underpinned by a highly configurable technology platform, which is simple, intuitive and flexible. Unlike other GRC Platform providers, SureCloud is adaptable enough to fit your current business processes without forcing you to make concessions during implementation; meaning you get immediate and sustained value from the outset. SureCloud has been recognized in the 2019 Gartner Magic Quadrant for Integrated Risk Management Solutions.