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

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The 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

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The 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

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How 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

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How 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

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25% 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

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25% 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

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