Martec's law states, “Technology changes exponentially; organizations change logarithmically.” Translation? Technology will accelerate faster than companies can adapt to increasing data growth and adopt new business models.
Most businesses, independent of their business model, are concerned with compliance and profit. The business must comply with the law, regulations and conduct guidelines, and to be sustainable, the business must remain profitable.
The business that gets there first won’t necessarily win digital and AI game. It will be the one that ingrains digital and AI in its business as much as possible. Starting from applying intelligent data science where it matters most and progressively using it in every aspect of the business.