An executive’s guide to software development | McKinsey & Company
Architecture based on application programming interfaces (APIs). Historically, companies have suffered from building and maintaining “spaghetti code,” which is as messy and difficult to manage as overcooked angel-hair pasta. An effective API-based architecture solves this problem and instead provides an extensible framework of building blocks that can be used to compose powerful applications. Like Legos, such blocks are easy to separate, update, and then replace.
Source: An executive’s guide to software development | McKinsey & Company
Read MoreThe case for digital reinvention | McKinsey & Company
This finding confirms what many executives may already suspect: by reducing economic friction, digitization enables competition that pressures revenue and profit growth. Current levels of digitization have already taken out, on average, up to six points of annual revenue and 4.5 points of growth in earnings before interest and taxes (EBIT). And there’s more pressure ahead, our research suggests, as digital penetration deepens.
Source: The case for digital reinvention | McKinsey & Company
Read MoreThe case for digital reinvention | McKinsey & Company
This finding confirms what many executives may already suspect: by reducing economic friction, digitization enables competition that pressures revenue and profit growth. Current levels of digitization have already taken out, on average, up to six points of annual revenue and 4.5 points of growth in earnings before interest and taxes (EBIT). And there’s more pressure ahead, our research suggests, as digital penetration deepens.
Source: The case for digital reinvention | McKinsey & Company
Read MoreHow the API economy is igniting a cultural shift in businesses | CIO
It’s clear the big no longer eat the small; the fast eat the slow. Speed is one of the single most important characteristics that determine a company’s success today. It’s critical for bringing new products to market, establishing new global presences, changing existing processes and onboarding new partners—all faster than competition.
Source: How the API economy is igniting a cultural shift in businesses | CIO
Read MoreHow the API economy is igniting a cultural shift in businesses | CIO
It’s clear the big no longer eat the small; the fast eat the slow. Speed is one of the single most important characteristics that determine a company’s success today. It’s critical for bringing new products to market, establishing new global presences, changing existing processes and onboarding new partners—all faster than competition.
Source: How the API economy is igniting a cultural shift in businesses | CIO
Read More25% of CEOs’ Time Is Spent on Tasks Machines Could Do | Harvard Business Review
Like President Johnson in the 1960s, we see that automation could make a major contribution to productivity and prosperity… For companies around the world, automation will offer the potential to capture substantial value — and not just from labor substitution. These technologies enable higher throughput, enhanced quality, better outcomes, greater safety, and the opportunity to scale up or adopt new business models.
Source: 25% of CEOs’ Time Is Spent on Tasks Machines Could Do
Read More25% of CEOs’ Time Is Spent on Tasks Machines Could Do | Harvard Business Review
Like President Johnson in the 1960s, we see that automation could make a major contribution to productivity and prosperity… For companies around the world, automation will offer the potential to capture substantial value — and not just from labor substitution. These technologies enable higher throughput, enhanced quality, better outcomes, greater safety, and the opportunity to scale up or adopt new business models.
Source: 25% of CEOs’ Time Is Spent on Tasks Machines Could Do
Read MoreCustomer Co-Creation Is The Secret Sauce To Success
“ Co-creation is about helping the customer imagine a different future .”
Source: Customer Co-Creation Is The Secret Sauce To Success
Read MoreCustomer Co-Creation Is The Secret Sauce To Success
“ Co-creation is about helping the customer imagine a different future .”
Source: Customer Co-Creation Is The Secret Sauce To Success
Read More2017 Is Quickly Becoming The Year Of The API Economy
Bottom Line: APIs are most valuable for creating new business models and streamlining selling strategies across all channels. The greatest revenue potential they provide is removing barriers to growing revenue by integrating platforms and apps so organizations can quickly launch new business models and scale fast.
Source: 2017 Is Quickly Becoming The Year Of The API Economy
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