- Middle Child Syndrome
- Communication crackdown
- Digital Marketplace: Hope or Hype?
- The 4G Workplace
- The future of work
- Digital maturity: The race to the summit
- Digital maturity: The next big step
- The Tech Evolved Workplace
- The Challenge of Speed
- Customer Service
- Business World 2036
- Activating the iWorker
- Bigger Data
- The Change Making CIO
- Humans and Machines
- A New Perspective: Document Governance
- The Dramatic Impacts of Document-Driven Business Processes
- The next decade of technology in business
- The future of technology disruption in business
- Businesses to enter a new era of decentralisation
- The CIO and CMO to form dynamic partnership and enable customer-led innovation
- Chief Executives should not be held to ransom by technology
- Businesses unable to keep up with impacts of technological change may disappear by 2020
- Ricoh Process Efficiency Index
- Businesses play a risky game with document security
- Healthcare, education and financial service organisations at risk of document compliance breaches
- Existing business processes across Europe are unnecessarily labour intensive
- Managing the costs of document processes in Europe
- Document processes have far reaching impacts
- The European Union's Digital Agenda
Businesses unable to keep up with impacts of technological change may disappear by 2020
Over the last two decades we’ve experienced more change in business due to technology than any other factor. Will this change continue?
The Economist Intelligence Unit decided to find out. It has surveyed 567 executives across 20 sectors globally on their expectations of the future technology impact on business. The results show: yes further wrenching changes are anticipated by 2020.
For many business leaders there is a sense of optimism about the future. They believe technology will enable significant leaps forward in terms of innovation, efficiency, customer relationships and many other areas of competitiveness. On the other hand more than one third (37 per cent) of leaders believe their organisation will be unable to keep up with technology and they will lose their competitive edge. One third of IT industry leaders believe their businesses will disappear altogether, while six out of ten survey respondents believe that many of the industries in which they operate will be significantly altered between now and 2020, bearing little similarity to today.
David Mills, Executive Vice President, Operations Ricoh Europe said, “The successful businesses of 2020 will be those that place greater emphasis upon process innovation. The key to building a more agile business that is ready to embrace the changes is to have the right infrastructure in place to manage it successfully. Business leaders need to ask the question – are the information infrastructures inside our organisations future proof? By understanding how business critical information connects across the entire business, an organisation can reengineer its processes to ensure that it is maximising employee knowledge sharing and is able to respond effectively to customer demands.”
You can also download the executive summary to find out more.