Most of us have login accounts to multiple shopping sites and other online service providers. And we are probably using the same passwords across sites. This is a security risk that we should be aware of and do something about before our accounts get compromised.
A unicorn is a privately held company with a valuation of over US$1B. These are usually start-ups with a new business model or technology disrupting an existing process. The chart below shows the unicorns of south-east asia and a description of the 6 found in Indonesia.
Digitisation is different from digitalisation. Digitisation is simply to convert something which is analog into digital form. Digitalisation has to do with re-engineering a process end-to-end with the help of technology. It is not just about technology alone. In fact, the process is more important than the technology itself. Technology is just the enabler. The process provides the experience – which is probably what matters most in determining the success of digital transformation.
Businesses everywhere are transforming how they do business and how they derive revenue. Most are seeking a model that provides a recurrent stream of revenue in the form of subscription. This is the traditional telco & utilities model which provides stability and predictability. Even the automobile industry is turning in this direction. Here is an article about what the future of cars will be like – a subscription-based software platform! Is your revenue model due for an upgrade? Connect with us for a discussion!
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