Build your new digital business and
extend your existing core business with QSID
The big successful Tech players from the US and China such as Apple, Google, Amazon, Alibaba, Baidu and Tencent grew out of the Commercial Internet of eCommerce, Platforms, digital advertising and streaming music / film. They are now entering the traditional markets of many industrial companies with long legacies, potentially jeopardizing their existing business models and changing structures along the value chain. Many of today's still unknown start-ups will follow this trend: digital transformation that presents a huge challenge for most existing industrial companies. Digital transformation is not only the digitization of processes, the use of new technologies and an additional IT-project. It is also requires a fundamental change in strategic positioning and leadership culture. European mid-sized companies face especially high uncertainties and must make huge changes. Key to success is the need to sustain the existing core enterprise and to prepare, anticipate and build a future digital business.
Increased connectivity, the Internet of Things, new software functions, platforms and services offer huge potential for those prepared to take bold action. The first step is to move on from digital buzzwords to a concrete strategy and plan for implementation that strongly supports and ensures the long term success of the company by improving competitiveness and setting it on course to win against the new digital players.