Gartner: digital businesses will sport opportunities in a matter of seconds
TweetFollow Us on Twitter

Gartner: digital businesses will sport opportunities in a matter of seconds

The hallmark of a digital business will be the ability to spot opportunities that might span a matter of just seconds, according to Gartner, Inc. (www.gartner.com). The research group introduced the concept of a "business moment" — a transient opportunity that is exploited dynamically — in 2013 and expects these moments to occur more and more frequently as enterprises migrate from today's world to the digital business world. 

Digital business is the creation of new business designs by blurring the digital and physical worlds. It promises to usher in an unprecedented convergence of people, business and things that disrupts existing business models, even those born of the Internet and e-business eras. Gartner predicts that by 2020, more than seven billion people and businesses, and at least 30 billion devices, will be connected to the Internet. With people, businesses and things communicating, transacting and even negotiating with each other, a new world comes into being — the world of digital business. 

"Digital business will break down traditional barriers between industry segments, creating completely new value chains and new business opportunities that may not be filled by incumbent players," says Jorge Lopez, vice president and distinguished analyst at Gartner. "It will also challenge existing industry boundaries and challenge the dominance of leading players in an industry and cause them to rethink the businesses they are in. 

A digital business focuses on spotting new opportunities to drive revenue, and as such it represents a new frontier of growth and development for industry, as has been seen in past technological revolutions. It has implications for industry competition, business models, talent and risk. The Nexus of Forces — the convergence of social, mobile, information and cloud technologies — has set the stage for this digital revolution, according to Gartner. However, like other revolutions before it, digital business may well create a significant downside for those that don't move quickly enough, and will cause enterprises to rethink what business they're in. 

Business moments are specific transient opportunities that illustrate how people, businesses and the Internet of Things interact. They represent moments of untapped opportunity and competition that can rapidly change the dynamics across industries. Moments are very short in duration (even seconds or fractions of a second), depending on the nature of the opportunity.

They are interconnected with an enterprise's business model and business processes, all of which are being disrupted by digital technologies. They are not only customer "moments of truth" but also impact the entire organization. These moments are expected to occur more and more frequently as enterprises migrate to the digital business world. 

"In the context of digital business, a business moment is a brief everyday moment in time and the catalyst that sets in motion a series of events and actions involving a network of people, businesses and things that spans or crosses multiple industries and multiple ecosystems," says Don Scheibenreif, research vice president at Gartner. "These events and actions unleash a loose set of sequences of observe, orient, decide and act (OODA) loop activities where many processes are executed by many resources in many different companies. Moreover, one business moment may trigger or collide with any number of adjacent business moments." 

For example, a smart house could detect when a room has to be repainted and collaborates with the homeowner and the local retailer to identify, select and obtain the necessary supplies and services to get the room repainted. The retailer's system then solicits bids from painters on behalf of the consumer. Or a laundry machine may chime in when detergent is running low. 

Business moments are important, because they will force enterprises to rethink the role they play in a value stream. Business moments, by their very nature, illustrate a wide variety of possibilities and players and help companies envision and design new businesses that integrate people, businesses and things to do things not possible five years ago. The trademark of a digital business will be the ability to spot these opportunities, however fleeting. 

"CIOs, IT leaders and business leaders can use business moments to highlight digital business opportunities," says Scheibenreif. "Every industry has business moments that will be critical to an enterprise and to customers or citizens. These moments of opportunity and competition that lead to the gain or loss of a sale, or the transformation of an industry, can happen in an instant. The question is how will enterprises handle these momentary opportunities and challenges in the digital future."

 
AAPL
$107.34
Apple Inc.
+0.60
MSFT
$46.62
Microsoft Corpora
+0.13
GOOG
$549.33
Google Inc.
+0.43

MacTech Search:
Community Search:

Software Updates via MacUpdate

Audio Hijack Pro 2.11.4 - Record and enh...
Audio Hijack Pro drastically changes the way you use audio on your computer, giving you the freedom to listen to audio when you want and how you want. Record and enhance any audio with Audio Hijack... Read more
Iridient Developer 3.0.0 beta 3 - Powerf...
Iridient Developer (was RAW Developer) is a powerful image conversion application designed specifically for OS X. Iridient Developer gives advanced photographers total control over every aspect of... Read more
TextWrangler 4.5.11 - Free general purpo...
TextWrangler is the powerful general purpose text editor, and Unix and server administrator's tool. Oh, and also, like the best things in life, it's free. TextWrangler is the "little brother" to... Read more
NeoFinder 6.6 - Catalog your external me...
NeoFinder (formerly CDFinder) rapidly organizes your data, either on external or internal disks, or any other volumes. It catalogs all your data, so you stay in control of your data archive or disk... Read more
Chromium 38.0.2125.111 - Fast and stable...
Chromium is an open-source browser project that aims to build a safer, faster, and more stable way for all Internet users to experience the web. FreeSMUG-Free OpenSource Mac User Group build is... Read more
Default Folder X 4.6.11 - Enhances Open...
Default Folder X attaches a toolbar to the right side of the Open and Save dialogs in any OS X-native application. The toolbar gives you fast access to various folders and commands. You just click... Read more
Mariner Write 3.9.3 - Light-weight and s...
Mariner Write is your Mac OS go-to word processing tool! Professional writer, educator or student, Write has all the functionality you need for that important letter, technical paper or research... Read more
DesktopLyrics 2.6.5 - Displays current i...
DesktopLyrics is an application that displays the lyrics of the song currently playing in "iTunes" right on your desktop. The lyrics for the song have to be set in iTunes; DesktopLyrics does nothing... Read more
DiskMaker X 4.0b4 - Make a bootable OS X...
DiskMaker X (formerly Lion DiskMaker) is an application built with AppleScript that you can use with many versions of OS X to build a bootable drive from OS X OS X 10.8 Mountain Lion up to OS X 10.10... Read more
Garmin Express 3.2.21 - Manage your Garm...
Garmin Express is your essential tool for managing your Garmin devices. Update maps, golf courses and device software. You can even register your device. Update maps Update software Register your... Read more

Latest Forum Discussions

See All

Medford Asylum: Paranormal Case - Hidden...
Medford Asylum: Paranormal Case - Hidden Object Adventure (Full) 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: Uncover the mystery of Medford City asylum! | Read more »
Secret Files Sam Peters (Games)
Secret Files Sam Peters 1.0.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.0 (iTunes) Description: [ After the successful iOS release of Secret Files Tunguska, the acclaimed point and click adventure Secret Files... | Read more »
Woah Dave! (Games)
Woah Dave! 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: ***SPECIAL LAUNCH PRICE! IT DOESN'T COST A LOT OF MONEY!*** Optimized for iPhone 6+! A huge hit at E3, PAX, PAX East, IndieCade... | Read more »
Drift'n'Drive (Games)
Drift'n'Drive 1.0.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0.0 (iTunes) Description: Follow your destiny to become the ultimate racing driver! | Read more »
Twisty Hollow (Games)
Twisty Hollow 1.0.1 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.1 (iTunes) Description: A self-appointed mayor is spinning the town of Twisty Hollow out of order with nonsensical rulings. His cryptic instructions... | Read more »
Omnistat (Utilities)
Omnistat 1.0 Device: iOS Universal Category: Utilities Price: $1.99, Version: 1.0 (iTunes) Description: Omnistat is an application for tech lovers, it's the easiest way to consult your device stats. With Omnistat you don't need to... | Read more »
South Park Pinball Review
South Park Pinball Review By Blake Grundman on October 29th, 2014 Our Rating: :: FAN SERVICE GALOREUniversal App - Designed for iPhone and iPad It is hard to go wrong when tables are obviously being designed by fans of a specific... | Read more »
Mmm Fingers Review
Mmm Fingers Review By Jennifer Allen on October 29th, 2014 Our Rating: :: SIMPLE PLEASURESUniversal App - Designed for iPhone and iPad Chasing high scores with just one finger works well for Mmm Fingers.   | Read more »
Indie Classic King of Dragon Pass Goes o...
Indie Classic King of Dragon Pass Goes on Sale to Celebrate its 15th Anniversary Posted by Jessica Fisher on October 29th, 2014 [ permalink< | Read more »
NHL 2K Review
NHL 2K Review By Blake Grundman on October 29th, 2014 Our Rating: :: FAR FROM ALL-STARUniversal App - Designed for iPhone and iPad After three years away, the NHL 2K brand returns to mobile. Can it live up to the advancements made... | Read more »

Price Scanner via MacPrices.net

Mujjo Steps Up The Game With Refined Touchscr...
Netherlands based Mujjo have just launched their Refined Touchscreen Gloves, stepping up their game. The gloves feature a updated elegant design that takes these knitted gloves to the next level. A... Read more
Sale! Preorder the new 27-inch 5K iMac for $2...
 Abt Electronics has the new 27″ 3.5GHz 5K iMac on sale and available for preorder for $2374.05 including free shipping. Their price is $125 off MSRP, and it’s the lowest price available for this... Read more
Simplex Solutions Inc. Brings Secure Web Surf...
New York based Simplex Solutions Inc. has announced the release and immediate availability of Private Browser 1.0, its revolutionary new secure web browser developed for iPhone, iPad and iPod touch... Read more
Save up to $180 off MSRP with an Apple refurb...
The Apple Store has Apple Certified Refurbished 2014 MacBook Airs available for up to $180 off the cost of new models. An Apple one-year warranty is included with each MacBook, and shipping is free.... Read more
Apple refurbished 2013 MacBook Pros available...
The Apple Store has Apple Certified Refurbished 13″ and 15″ MacBook Pros available starting at $929. Apple’s one-year warranty is standard, and shipping is free: - 13″ 2.5GHz MacBook Pros (4GB RAM/... Read more
What Post PC Era? – The Mac Bounces Back, Big...
Apple’s fiscal Q4 2014 was an all-time record quarter for Mac sales, with 5.5 million units shipped, representing nearly one million more sales (+21 percent, + 25 percent sequentially) than Apple... Read more
Unpacking The Big Changes At Microsoft – iPad...
The days of product keys and email attachments are nearing an end and Microsoft, though late to the game, is making big strides to keep up, says tech expert Karl Volkman of SRV Network, Inc. Under... Read more
Apple refurbished iPad Airs and minis availab...
Apple dropped prices recently on Apple Certified Refurbished iPad Airs and iPad mini 2s, with models now available starting at $209. Apple’s one-year warranty is included with each model, and... Read more
Practice Fusion Launches New Electronic Healt...
Practice Fusion, claimed to be the nation’s largest cloud-based electronic health records (EHR) platform, has launched a new EHR for Practice Fusion’s community of more than 112,000 medical... Read more
Logitech Unveils Keys-To-Go: Portable, Spill-...
Today Logitech unveiled the new Logitech Keys-To-Go, a slender stand-alone Bluetooth keyboard for any iPad that can fit anywhere and go everywhere. Logitech has also updated its current lineup of... Read more

Jobs Board

*Apple* Solutions Consultant (ASC) - Apple I...
…important role that the ASC serves is that of providing an excellent Apple Customer Experience. Responsibilities include: * Promoting Apple products and solutions Read more
*Apple* Solutions Consultant (ASC) - Apple I...
…important role that the ASC serves is that of providing an excellent Apple Customer Experience. Responsibilities include: * Promoting Apple products and solutions Read more
*Apple* Solutions Consultant (ASC) - Apple I...
…important role that the ASC serves is that of providing an excellent Apple Customer Experience. Responsibilities include: * Promoting Apple products and solutions Read more
*Apple* Solutions Consultant - Apple Inc. (U...
…important role that the ASC serves is that of providing an excellent Apple Customer Experience. Responsibilities include: * Promoting Apple products and solutions Read more
*Apple* Solutions Consultant - Apple Inc. (U...
…important role that the ASC serves is that of providing an excellent Apple Customer Experience. Responsibilities include: * Promoting Apple products and solutions Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.