...Friedrich Matthew Le Merle Florian Gröne Alex Koster Measuring Industry Digitization Leaders and Laggards in the Digital Economy Use your smartphone to scan the QR code on the cover of this Perspective, and you will be taken to the CMT Foresight home page on Booz.com. Contact Information Beirut Bahjat El-Darwiche Partner +961-1-985-655 bahjat.eldarwiche@booz.com Berlin Dr. Florian Gröne Principal +49-30-88705-844 florian.groene@booz.com Delhi Ashish Sharma Principal +91-124-4998705 ashish.sharma2@booz.com Dubai Karim Sabbagh Senior Partner +971-4-390-0260 karim.sabbagh@booz.com Düsseldorf/Stockholm Dr. Roman Friedrich Partner +49-211-3890-165 roman.friedrich@booz.com London/Düsseldorf Dr. Michael Peterson Partner +44-20-7393-3310 michael.peterson@booz.com New York Philip Minasian Principal +1-212-551-6098 philip.minasian@booz.com Paris Pierre Péladeau Partner +33-1-44-34-3074 pierre.peladeau@booz.com San Francisco Matthew Le Merle Partner +1-415-994-4320 matthew.lemerle@booz.com São Paulo Ivan de Souza Senior Partner +55-11-5501-6368 ivan.desouza@booz.com Shanghai Andrew Cainey Partner +86-21-2327-9800 andrew.cainey@booz.com Sydney Vanessa Wallace Partner +61-2-9321-1906 vanessa.wallace@booz.com Zurich Alex Koster Principal +41-43-268-2133 alex.koster@booz.com Birger Maekelburger and Florian Stürmer also contributed to this Research. Booz & Company EXECUTIVE SUMMARY The pace of digitization is picking up rapidly, as consumers, companies, and entire industries...
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...1. What is IBM’s “Smarter Planet” business strategy? How does this strategy relate to IBM’s mission and value? Answer: IBM’s “Smarter Planet” business strategy is a transformational shift from commodity based businesses such as PC, Hard Drive to advanced data analysis and information processing using computational power to help client partner enhance their business due to revolution in global marketplace resulting from integrated digitization of processes and infrastructures. The “Smarter Planet” Business strategy aligns perfectly with IBM’s core value and mission statement. While the core values state that IBM is dedicated to every client’s success and focused on innovation, the mission for IBM is to strive and lead invention and development of industry’s most advanced information technologies including computer systems, software, storage, etc. The smarter planet business strategy plans are aligned on IBM’s mission and core value. 2. Conduct a SWOT analysis for IBM’s Smarter Planet initiative. What are the relevant trends to consider for next three to five years? Answer: Location of Factor | Type of Factor | | Favorable | Unfavorable | Internal | Strength 1. The Business strategy aligns perfectly with the core value and mission of the organization. 2. IBM's near close to $100 Billion Dollar sales provides a strong financial backbone for entering into new initiatives. 3. Skilled resource pool of 426,000 employees which results in 5000 patents annually is a strength...
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...1.1 Historical Exploration Digitization of Information Digitization is the representation of an object, image, sound, document or a signal by a discrete set of points or samples. The result is called digital representation. Strictly speaking, digitizing means simply capturing an analog signal in digital form. For a document the term means to trace the document image or capture the "corners" where the lines end or change direction. The term digitization is often used when diverse forms of information, such as text, sound, image or voice, are converted into a single binary code. Computers predate to the Digital Age. Prior to the 1950s, computers were analog, using vacuum tubes. Later, vacuum tubes were used in conjunction with diodes. Like the digital computers that came later, analog computers used binary logic, but instead of being directly controlled by a program consisting of 1s and 0s, the state of the vacuum tube was changed by a change in voltage. The voltage change was analogous to a 1 (power on) versus a 0 (power off). In 1956, MIT built the TX0, the first general-purpose, programmable computer to use transistors. Digitization occurs in two parts: Discretization and Quantization. Discretization is the reading of an analog signal A, and, at regular time intervals (or frequency), sampling the value of the signal at the point. Each such reading is called a sample and may be considered to have infinite precision at this stage. Quantization is when the samples are rounded...
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...Over the past decade, the music industry has experienced extreme change due to digitization. Not only has it affected the way that music is recorded and produced, but it has also affected the entire business model of how music is promoted and distributed to the public, as well as how revenue is earned. Prior to the digital era, major labels were one of the primary distributors of music, and physical record sales were the one of industry’s main revenue sources. But when recordings were transformed to electronic format and free music sources such as illegal downloading and streaming evolved, this main revenue source was taken away. However, music digitization also opened many doors for artists, allowing them the tools and capabilities to promote and distribute their own work, as well as exposing their music to a wider audience. Digitization began to cause problems for major labels for two reasons – the first being that free music services such as peer-to-peer file sharing and music streaming caused a large decline in album sales. This revenue loss caused music industry professionals to seek revenue elsewhere, such as in concert sales. The second problem digitization caused for record labels was that artists no longer relied on labels for their music promotion and distribution, as they now had these tools at their own disposal. In the old business model, before the Internet and music digitization evolved, the primary way for music distribution was through a record label. But in...
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...number of problems. Capacity constraints and the non-addressable nature of the analogue cable TV services results in several problems including complex business transactions and a high level of litigation. Digital technology offers the requisite solution holding the promise of better satisfaction at all levels of the distribution chain including the consumers. Besides, digital addressable systems can enhance the scope of the services offered including broadband services. It is not surprising therefore that, during the consultation process, an overwhelming majority of the stakeholders have favoured early implementation of digitization in the country. We in the Authority, after duly taking into consideration all aspects, have worked out a framework of implementation of digitization with addressability in India by December 2013. In doing so, we are suggesting several measures such as fiscal incentives, right of way etc. to enable this process. It is hoped that these recommendations would be acted upon quickly to the benefit of all stakeholders. (Dr. J. S. Sarma) Chairman, TRAI 2 Table of contents Introduction ……………………………………………………………………….………4 Chapter I. Broadcasting Sector-Nature and Limitations…………………...…….……7 Chapter II. Issues in Digitization with Addressibility ……………………………...38 Chapter III.Roadmap for Digitization with Addressibility..…………………..…….69 Chapter IV. Summary of...
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...Investment Opportunities in the Digital Content Industry in Taiwan I. Industry Definition and Scope Taiwan's digital content industry includes eight sub-categories, of which five are core industries while three are related industries. Core industries include digital gaming, computer animation, digital audio and video, digital publishing and archives, and e-learning. Related industries include mobile application services, web services, and content processing software. Table 1 Scope of Taiwan's Digital Content Industry Main categories Related Industries Digital PC Games Content Gaming Online Games Processing Software for Home Game Software Multimedia Tools/Software Embedded Software Consoles System Integration Service Software for Commercial Other Software Game Consoles Software for Mobile Devices Textbooks Mobile Tools/Platform/System Applications Integration Services Learning Hardware/Vehicles Digital Audio Digital Music & Video Digital Karaoke Digital Video Broadcast Video Rental Digital Electronic Boards and E-Learning Web Services Personal Image Authorization and Derivative Products Digital Content Publishing Publishing & Circulating Services Archiving Internet Content Provider Internet Service Provider (ISP) New Media Animation (ICP) Movie Animation Mobile Receiving Service and System Integration Television Animation Animation Mobile Content Add-On...
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...Paper On The impact of Business level strategies on online banking in Bangladesh: A case study of Janata bank Ltd. 1 Table of Contents Chapter No 1. Title Page No Historical Background of online banking in general ( Internationally). Digitization of banking system in Bangladesh. Business level strategies and Product profiles of online banking Performance dynamics / Strength of the bank Obstacles to digitization of banking services. SWOT analysis ( Digitization Process): Possible measures to improve the effectiveness of online banking. Conclusion 03 2. 04 3. 05 07 11 13 14 4. 5. 6. 7. 15 2 1. Historical Background of online banking in general: Online banking refers to any type of activity that you can take with your own checking or savings account while using the Internet as the means of access. With the rise in the importance of the Internet over the past 10-15 years, it has become the banking norm for millions of people. For most of its long history, banking was strictly an in-person affair. Bank customers would drive, bike, or walk to their local branch to make a deposit or withdrawal or to see about a loan. Then along came ATM machines, which allowed people to make cash transactions without actually entering the bank. With the advent of online banking, bank customers no longer have to rely on the phone, in-person visits to a bank teller, or visits to the ATM machine in order to conduct meaningful banking business. Here is a brief...
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...Group 16 Innovation in Product Submission #2 Anant Jain B15131 Ankit Goel B15132 Anshul Jain B15134 2015 1. Introduction Innovation is refinement in a product, process, method, or a part thereof. Innovation has become a buzz-word in recent years, with increasing relevance of ‘innovation-centred business models’, and ‘innovation-led-entrepreneurism’. In fact, the success stories of Industrial America, technological Silicon Valley, American financial market, etc., are tales of constant innovations. ‘Digitization’ has shifted access to knowledge and information from a privilege to convenience: anyone who is willing and able to pay, has an access. Also, sharing of information and flow of payments and tenders through internet has changes businesses like never before. 1.1 What is Product Innovation? Product Innovation can be defined as creating a new product, or making changes in the existing product, or creating a differentiation in terms of utility or features of the product. Light Bulb, telephone, microprocessors, digital displays were great innovation in terms of making of new products, i-pods, cell phone, integrated circuits were innovations in terms of modification in existing products. Not all product innovations are technological breakthroughs- take a safety pin for example. Even candle, fountain pen, and scissors are examples of path-breaking revolution, that didn’t require significant technology, or invention capabilities. On the other...
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...BUSINESS LEBEL STRATEGY AND THEIR IMPACT ON ONLINE BANKING IN BANGLADESH Submitted to Dr.Durgadas Bhattacharjee Submitted by Ahamed Shahriar Hasan ID#112103064,Sec:A MBA Program, Spring- 2013 MGT 607: Strategic Management Table of Content Topic Page 1. Historical Background 03 2. Service render by online bank 03 3. Digitization policy of Government and the progrees of online bank 04 4.Business level strategy persue and their success status 07 5.Trend on online banking 09 6.SWAT analysis 10 7.Possible measures to online banking 11 8.Conclusion 12 1.Historical background of online banking: The term Internet Banking or E-Banking Internet both are used as supplement. E-Banking is the one of the major part of E-Financing. E-Banking is web-based...
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...on-hand database management tools or traditional data processing applications. The challenges include capture, curation, storage,[3] search, sharing, transfer, analysis,[4] and visualization. The trend to larger data sets is due to the additional information derivable from analysis of a single large set of related data, as compared to separate smaller sets with the same total amount of data, allowing correlations to be found to "spot business trends, determine quality of research, prevent diseases, link legal citations, combat crime, and determine real-time roadway traffic conditions."[5][6][7] A visualization created by IBM of Wikipedia edits. At multiple terabytes in size, the text and images of Wikipedia are a classic example of big data. Growth of and Digitization of Global Information Storage Capacity; source: http://www.martinhilbert.net/WorldInfoCapacity.html As of 2012, limits on the size of data sets that are feasible to process in a reasonable amount of time were on the order of exabytes of data.[8] Scientists regularly encounter limitations due to large data sets in many areas, including meteorology, genomics,[9] connectomics, complex physics simulations,[10] and biological and environmental research.[11] The limitations also affect Internet search, finance and business informatics. Data sets grow in size in part because they are increasingly being gathered by ubiquitous information-sensing mobile devices, aerial sensory technologies (remote sensing), software...
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...DTH INDUSTRY | | Submitted by:Bishwajeet Jha Tushar ChhapadwalPavani GeethaKrishna Prasad | | | | | | HISTORY OF DTH SERVICE INDUSTRY The history of Indian Television dates back to the launch of Doordarshan, the country’s national television network in 1959. Television was then seen as a luxury item that could be afforded only by a chosen few. The transmission was in Black & White. The 9th Asian games which were held in 1982 in the country’s capital New Delhi heralded the mark of color television broadcast in India. In 1991, Indian economy was liberalized from the License Raj and major initiatives like inviting foreign direct investment, deregulation of domestic businesses emerged. This lead to the influx of foreign channels like Star TV and creation of domestic satellite channels like Sun TV and Zee TV. This virtually destroyed the monopoly held by Doordarshan. In 1992, the Cable TV industry started. If one could list down the revolutions that happened in Indian entertainment industry, Cable TV would top the list. It has literally changed the way the average Indian watches the Television. The number of channels increased suddenly from 2 and the real entertainment started. Every city in India had a complex web of co-axial cables running through the streets with a new breed of entrepreneurs called as cablewallahs or Local Cable Operator (LCO) taking in charge of distribution. The film industry was shocked by this sudden growth and there were even...
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...at the Paperless Office concept was first introduced in the 70-ties, as a futuristic office work-style, when the first personal computers were introduced. Advances in information & communication technology has since then made the Paperless Office a feasible reality. The advantages of going paperless are many and undeniable. LEARN MORE ABOUT PAPERLESS The terms "paperless," "electronic," and "digital" are often used interchangeably to describe work which previously was done with paper, but which now has been adapted to information & communication technology (ICT) devices and software. The Information Technology Association of America (ITAA) has defined information technology (IT) in the electronic era as "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." IT entails processes involving the use of computers and software to create, convert, store, process, transmit, and retrieve information securely. The term has recently been broadened to ICT (Information and Communications Technology), so as to include the idea of electronic communication. To be paperless means essentially that the traditional paper-based practices-such as writing, note taking, reading, editing, communicating, and even drawing-are instead performed electronically with ICT devices and software. Much has been said and written about the paperless office in recent years, and the rapid development...
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...TV sector,mainly due to capacity constraints and non-addressable nature of the network.With time and evolution of technology, new addressable digital TV platforms like DTH,IPTV etc. are now available.The evolution of technology has also paved the way for bringing about digitization with addressability in the cable TV sector. The digitization of cable TV is a step forward towards the removal of the shortcomings of the analog cable TV systems like the non-addressability and the capacity constraints. In the digital addressable systems, service providers can offer more channels and consumers can select the channels of their choice.Also, the digital addressable system opens out additional business opportunities to the service providers in the form of value added and interactive services. It would enable provision of broadband and triple play (voice, video and data) services. In addition,other stakeholders in the value chain would also potentially benefit - broadcasters by way of increase in subscription revenues, government via increase in service tax collections, and customers from an enhanced television viewing experience. What does Digitization mean? Digitization is a process which converts the information into digital format. In this...
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...article stated that the main reasons why the libraries undertake project to digitize the materials are in order to increase access or sales and preserve the original. The easy reason that we can see from the digitization is can increased access to particular resources. All the limited collection that before cannot be seen by certain people can be made available to any kind of users at anytime simultaneously. This is because nowadays many researchers and universities need a rapid communication and used online as their first choice. So, they expected this will enable them to get the material easily and quickly. For example, via published papers in digital form from repositories rather than physically going to the places that they need to seek the information. The digital collections are catalogue, abstracts, journals, books thesis and etc. This is will be accessible more easily both within institution and remotely. In issue related to preservation, digital library can preserve the collection or materials for a long time and can be used in future. Indeed to protect the intellectual importance those are unique, rare and ancient such as artifacts, manuscripts and old books. Mainly for fragile and historical heritage that needed to be digitized and preserve. The activity of digitization will reduce the risk of damage the...
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...outstanding quality was their main priority. Adding stepObyOstep a strong Customer Relationship Management (CRM) practices, became the company’s drive for business, while keeping in mind the importance of listening to the voice of their customers at all times. With strengths and weakness to work upon, EMC has been able to innovate and compete in the industry; integrating technologies such as Web 2.0 to maintain the customerOdesired digital interactions effectively. With years of experience and success, EMC customers started demanding a different, and yet unknown to the company, touchOpoint integration. Their wellOdeveloped faceOtoOface communication was no longer customer’s ideal way of getting in touch with them and were driven towards a more technological, easier way, digital interaction. As such, their customized CRM practices where in need for a change, from which studied alternatives are being provided as possible ways for the company to efficiently satisfy their valued customer centricity. The main uncertainty would be: if having high tech would really deliver high touch, and if the center of the company would still be the customer, without that physical human component of the relationship. As studied further in the analysis, suggested is the implementation of a Customer Department that can completely take over and act upon business refined actions that can turn the direction of the company towards the digital realm. EMC counts with a large sales force empowered for the convenience...
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