Digital Transformation Quotes

“Core” is what creates differentiation in the marketplace and wins customers. “Context” consists of everything else—things like finance, sales, and marketing. No matter how well you do it or how many resources you put into context, it does not create a competitive advantage. Every company does it. According to Moore: Core is what companies invest their time and resources in that their competitors do not. Core is what allows a business to make more money and/or more margin, and make people more attracted to a business than to its competitors. Core gives a business bargaining power: it is what customers want and cannot get from anyone else.26”
― Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction

“And it is why digital transformation can be so frightening: Companies must shift their focus from what they know works and invest instead in alternatives they view as risky and unproven. Many companies simply refuse to believe they are facing a life-or-death situation. This is Clayton Christensen’s aptly named “Innovator’s Dilemma”: Companies fail to innovate, because it means changing the focus from what’s working to something unproven and risky.”
― Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction

“The scope of digital transformation and its implications are still evolving, and its impacts are still being understood.”
― Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction

“Information technology has grown from roughly a $50 billion industry in 1980 to a $3.8 trillion industry in 2018.22 It is expected to reach $4.5 trillion by 2022.23”
― Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction