Impact of the Digital Revolution Presented by Andrew Ford WHAT IS the DIGITAL ECONOMY
Impact of the Digital Revolution Presented by Andrew Ford WHAT IS THE DIGITAL ECONOMY © 2015 Global Knowledge Training LLC. All rights reserved. 2016-03-30 Page 2 The new normal By 2020, every company will be an IT company and every leader will be a digital leader..."digital is the business; the business is digital. Peter Sondergaard, SVP and Head of Research - Gartner © 2015 Global Knowledge Training LLC. All rights reserved. 2016-03-30 Page 3 Andrew Ford Client Solutions Specialist © 2015 Global Knowledge Training LLC. All rights reserved. 2016-03-30 Page 4 Non traditional competitors © 2015 Global Knowledge Training LLC. All rights reserved. 2016-03-30 Page 5 Change moves at high speed Netflix BlockBuster Est. 1997 First Blockbuster store opened July 2015, Netflix reported its October 19, 1985 subscriber count reached 65.55 Viacom purchased Blockbuster million, with 42.3 million in the for $8.4 billion U.S. and 23.35 million 2000, the company turned down internationally a chance to purchase the still Currently developing original fledgling Netflix for $50 million content to compete with the Bankrupt September 23, 2010 major studios © 2015 Global Knowledge Training LLC. All rights reserved. 2016-03-30 Page 6 Netflix Disrupting Competitors Traditional TV viewing habits ABC, Acorn TV,Amazon Video, Home Movie distribution CBS, Crackle, Disney, Epix, Feeln, FilmOn, Fox on Demand, Motion Picture and Television Studios HBO GO, Hulu, NBC Direct, NimbleTV, OVGuide, Popcornflix, PBS, Roku, Sling TV, Vudu, YouTube More and more arriving everyday © 2015 Global Knowledge Training LLC. All rights reserved. 2016-03-30 Page 7 Disrupter or disrupted What is the future for you company? © 2015 Global Knowledge Training LLC.
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