Achieving Digital Business Transformation through Strategic Acquisitions: The Role of Enterprise Architecture

摘要

In the words of John Chambers, former CEO and now executive chairman of Cisco, digitization is the "biggest technology transition ever." Its effects on business will "dwarf what happened in the Internet era and the effects of the Internet." Chambers is referring to the fact that in order to thrive in the digital era, businesses must fundamentally reinvent themselves - and disrupt themselves where necessary - to cope with the new competitive dynamics that are all about rapid and relentless change. In the digital era, business models will rise and fall at tremendous speed. Continuous disruption is going to be the new normal, and you will either disrupt or be disrupted. According to Chambers, 40% of large companies will not exist in a meaningful way 10 years from now because they will not be able to manage the pace of change in their industries. However, for the ones that succeed in adapting to the new era and reaching beyond their current business models, digitization brings great opportunities for business growth both within industries and across industries.