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
$97.67
Apple Inc.
+1.41
MSFT
$43.63
Microsoft Corpora
+0.89
GOOG
$511.17
Google Inc.
-13.34

MacTech Search:
Community Search:

Software Updates via MacUpdate

MenuMeters 1.8 - CPU, memory, disk, and...
MenuMeters is a set of CPU, memory, disk, and network monitoring tools for Mac OS X. Although there are numerous other programs which do the same thing, none had quite the feature set I was looking... Read more
Coda 2.5 - One-window Web development su...
Coda is a powerful Web editor that puts everything in one place. An editor. Terminal. CSS. Files. With Coda 2, we went beyond expectations. With loads of new, much-requested features, a few... Read more
Arq 4.6.1 - Online backup to Google Driv...
Arq is super-easy online backup for the Mac. Back up to your own Google Drive storage (15GB free storage), your own Amazon Glacier ($.01/GB per month storage) or S3, or any SFTP server. Arq backs up... Read more
Airfoil 4.8.10 - Send audio from any app...
Airfoil allows you to send any audio to AirPort Express units, Apple TVs, and even other Macs and PCs, all in sync! It's your audio - everywhere. With Airfoil you can take audio from any... Read more
Apple iMovie 10.0.6 - Edit personal vide...
With an all-new design, Apple iMovie lets you enjoy your videos like never before. Browse your clips more easily, instantly share your favorite moments, and create beautiful HD movies and Hollywood-... Read more
OnyX 2.8.8 - Maintenance and optimizatio...
OnyX is a multifunctional utility for OS X. It allows you to verify the startup disk and the structure of its System files, to run miscellaneous tasks of system maintenance, to configure the hidden... Read more
Parallels Desktop 10.1 - Run Windows app...
Parallels Desktop is simply the world's bestselling, top-rated, and most trusted solution for running Windows applications on your Mac. With Parallels Desktop for Mac, you can seamlessly run both... Read more
Apple Keynote 6.5 - Apple's present...
Apple Keynote makes it simple to create and deliver beautiful presentations. Powerful tools and dazzling effects bring your ideas to life. You can work seamlessly between Mac and iOS devices. And... Read more
OmniPlan 2.3.7 - Robust project manageme...
With OmniPlan, you can create logical, manageable project plans with Gantt charts, schedules, summaries, milestones, and critical paths. Break down the tasks needed to make your project a success,... Read more
Flavours 1.1.16 - Create and apply theme...
Flavours is a Mac application that allow users to create, apply and share beautifully designed themes. Classy Give your Mac a gorgeous new look by applying delicious themes! Easy Unleash your... Read more

Latest Forum Discussions

See All

My Very Hungry Caterpillar (Education)
My Very Hungry Caterpillar 1.0.0 Device: iOS Universal Category: Education Price: $3.99, Version: 1.0.0 (iTunes) Description: Care for your very own Very Hungry Caterpillar! My Very Hungry Caterpillar will captivate you as he crawls... | Read more »
Dungeon Dick (Games)
Dungeon Dick 1.1 Device: iOS Universal Category: Games Price: $.99, Version: 1.1 (iTunes) Description: Dungeon Dick is a fantasy adventure where you must discover the wicked plot to destroy the lands . 'Fling' at your foes and land... | Read more »
Here’s How the Apple Watch Could Transfo...
With the Apple Watch’s generic release date of, “early 2015” hovering on the horizon, it’s only a matter of time before gamers begin to ask “What’s in it for us?” The obvious choice would be to place entire games directly on the face of the watch,... | Read more »
Republique Episode 3: Ones & Zeroes...
Republique Episode 3: Ones & Zeroes is Available Now Posted by Rob Rich on October 17th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Loot Raiders Review
Loot Raiders Review By Campbell Bird on October 17th, 2014 Our Rating: :: PRESS BUTTON, GET LOOTUniversal App - Designed for iPhone and iPad This menu-based loot game is suitable to compel those with pretty extreme loot lust.   | Read more »
Angry Birds are Crashing Puzzle & Dr...
Angry Birds are Crashing Puzzle & Dragons Next Week Posted by Rob Rich on October 17th, 2014 [ permalink ] Next week, Puzzle & Dragons is getting a little angry. Because, you know, Angry Birds. It’s a… a pun. I thought… never mind. | Read more »
Incandescence Review
Incandescence Review By Andrew Fisher on October 17th, 2014 Our Rating: :: ALL TAPPED OUTUniversal App - Designed for iPhone and iPad Incandescence promises intense tapping action, but isn’t particularly fun.   | Read more »
Lion Pig (Games)
Lion Pig 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: "Leaving aside the biology of how a pig and a lion might meet, fall in love, and create this curious cross-breed, Lion Pig is a... | Read more »
Zero Lives (Games)
Zero Lives 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: Zero Lives is a puzzle game. Simple and elegant at its core but deep and captivating the more you play. Each puzzle will challenge... | Read more »
#SUPERHYPER (Games)
#SUPERHYPER 001 Device: iOS Universal Category: Games Price: $.99, Version: 001 (iTunes) Description: "This is a game that fans of challenging minimalist arcade games, not to mention pixel art, should keep an eye on" - Touch Arcade "... | Read more »

Price Scanner via MacPrices.net

Apple Pay Available to Millions of Visa Cardh...
Visa Inc. brings secure, convenient payments to iPad Air 2 and iPad mini 3as well as iPhone 6 and 6 Plus. Starting October 20th, eligible Visa cardholders in the U.S. will be able to use Apple Pay,... Read more
Textkraft Pocket – the missing TextEdit for i...
infovole GmbH has announced the release and immediate availability of Textkraft Pocket 1.0, a professional text editor and note taking app for Apple’s iPhone. In March 2014 rumors were all about... Read more
C Spire to offer iPad Air 2 and iPad mini 3,...
C Spire on Friday announced that it will offer iPad Air 2 and iPad mini 3, both with Wi-Fi + Cellular, on its 4G+ LTE network in the coming weeks. C Spire will offer the new iPads with a range of... Read more
Belkin Announces Full Line of Keyboards and C...
Belkin International has unveiled a new lineup of keyboard cases and accessories for Apple’s newest iPads, featuring three QODE keyboards and a collection of thin, lightweight folios for both the... Read more
Verizon offers new iPad Air 2 preorders for $...
Verizon Wireless is accepting preorders for the new iPad Air 2, cellular models, for $100 off MSRP with a 2-year service agreement: - 16GB iPad Air 2 WiFi + Cellular: $529.99 - 64GB iPad Air 2 WiFi... Read more
Price drops on refurbished Mac minis, now ava...
The Apple Store has dropped prices on Apple Certified Refurbished previous-generation Mac minis, with models now available starting at $419. Apple’s one-year warranty is included with each mini, and... Read more
Apple refurbished 2014 MacBook Airs available...
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
Refurbished 2013 MacBook Pros available for u...
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
WaterField Designs Unveils Outback iPad Slip...
Fresh on the heels of Apple’s announcement Thursday, WaterField Designs unveils its new Outback Slip Case for the iPad Air 2 and iPad mini 3 — a custom-fitted case for the just-announced Apple iPads... Read more
Apple Introduces iPad Air 2 & iPad mini 3...
Apple on Thursday introduced iPad Air 2, slimmed down again to just 6.1 mm, and weighing less than a pound. iPad Air 2 also features an improved Retina display claimed to deliver enhanced contrast... Read more

Jobs Board

Position Opening at *Apple* - Apple (United...
**Job Summary** At the Apple Store, you connect business professionals and entrepreneurs with the tools they need in order to put Apple solutions to work in their Read more
Position Opening at *Apple* - Apple (United...
**Job Summary** The Apple Store is a retail environment like no other - uniquely focused on delivering amazing customer experiences. As an Expert, you introduce people Read more
Position Opening at *Apple* - Apple (United...
**Job Summary** As businesses discover the power of Apple computers and mobile devices, it's your job - as a Solutions Engineer - to show them how to introduce these Read more
Position Opening at *Apple* - Apple (United...
…Summary** As a Specialist, you help create the energy and excitement around Apple products, providing the right solutions and getting products into customers' hands. You Read more
Project Manager, *Apple* Financial Services...
**Job Summary** Apple Financial Services (AFS) offers consumers, businesses and educational institutions ways to finance Apple purchases. We work with national and Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.