Industrial revolution expected in digital world
By Deborah Bates
14/09/2011
Britain is facing another industrial revolution; however this time, it will take place in the digital world, according to strategic consultants Booz & Co.
It is thought that digital technology is growing and developing so fast that soon, the world will change as grandly as it did during past industrial revolutions, Mobmit.com confirmed.
As such, companies need to be prepared; investing in digital strategies, ensuring their network management system is up to date and keeping an eye on what their competitors are doing. This was confirmed by Booz & Co's Roman Friedrich.
Speaking to ComputerWeekly.com, he stated: "The revolution is happening now and it is happening fast. Business leaders need to take digitisation as a challenge and make it their primary agenda.
"You will basically see an exponential growth in technology push as new technology comes on to the market. How we work and interact together is changing because technology is changing."
He went on to explain that as this evolves, chief information officers (CIOs) will find themselves with increasing responsibility; having to understand their company's "mission critical capabilities".
Friedrich concluded by stating in order to get ahead of the game and mitigate the negative effects the revolution will have, those responsible for IT within their organisation must become leaders. They must learn how to plan ahead effectively for for the future - understanding that "there is no time anymore" and that changes need to be made now.