Digitization Challenge

November 18, 2016

Read The Full Prompt

Choose a company that provides an interesting example of how digital transformation has created opportunities or challenges for business and operating models. A business model defines how a business differentiates itself by creating and capturing value. An operating model defines how that business delivers on that promise. Describe how the organization is using digital technology to develop its business model and operating model, and describe and justify what additional steps you think the organization should consider implementing. Your example can describe a positive (e.g., a success story or best practice) or negative experience (e.g., a business failure).

Note: The post for this assignment should be 600–800 words, and must conclude with a word count such as “(778 words).” Posts should not exceed 800 words.

Submitted (926)

LIKEtoKNOW.it: Using digital technology to enable impulse shopping
Ellen
Last modified on November 17, 2016 at 11:44 pm
As social media utilization has grown, so too have grown means to monetize it. LIKEtoKNOW.it is a platform designed to do just that, interfacing with social media app Instagram to deliver purchase information for items featured in blog posts to [...]
Lending in the digital era: Goldman Sachs embraces the challenge
A
Posted on November 18, 2016 at 12:14 am
Goldman Sachs has recently launched Marcus, its online lending platform. First mover in a changing market?
Wearables and Big Data Make It a Small World After All at Disney Theme Parks
John Smith
Posted on November 18, 2016 at 3:00 pm
Disney theme parks offer visitors a way to completely personalize their experience, but does it result in improved revenues?
Digital Healing for the Broken Heart
Taki Michaelidis
Last modified on November 18, 2016 at 8:10 am
A medical device company introduces remote cardiac monitoring, promising to revolutionize heart failure care.
Too Much Data Strikes a Blow to Tableau
Michael 1
Posted on November 17, 2016 at 11:56 pm
Tableau has historically been a leader in data visualization, but latency issues stemming from cloud deployment could hinder its ability to handle big data analytics.
Robots are Taking Over our Savings – but Don’t Worry, it Could Be Better(ment) this Way.
LT
Last modified on November 17, 2016 at 7:30 pm
Robo-advisors are transforming the wealth management industry with digital innovation, but will they be able to hold off industry stalwarts as standalone companies?
Is Blockchain threat or opportunity for banks involved in supply chain finance? How does Standard Chartered Bank use the new technology?
IG
Posted on November 18, 2016 at 5:50 pm
Will banks benefit from Blockchain?
The Minerva Project: The Next Era for Higher Education?
DicleA
Last modified on November 20, 2016 at 5:33 pm
Digital revolution has made it remarkably easy to acquire any knowledge or hard skills. In the digital era, what should be the new role of higher education? Minerva Project has an answer.
311 and Beyond: App-Driven Civic Engagement in Boston
eb
Last modified on November 18, 2016 at 5:28 pm
Boston has launched a suite of apps to bring citizens into conversation with government. The next step: how can it leverage data to improve decision-making?
The Dirty Truth: Why You Shouldn’t Shower When its Raining and what Opti’s Cloud-based IoT platform is Doing to Help
FD
Posted on November 18, 2016 at 1:01 am
The digital transformation has created opportunities for businesses to address such capacity problems in ways never previously imagined, OptiRTC provides solutions at the for reducing the stress on the stormwater management system by providing accurate information on the levels of [...]
Will HarperCollins Be Left in the Dust as Consumers Move their Libraries Online?
Majken
Posted on November 18, 2016 at 5:07 pm
HarperCollins Publishers, a subsidiary of News Corp, is the second largest publisher of consumer books in the world with a print and digital global catalog of more than 200,000 titles1.  Book publishing accounted for approximately 20% of revenues for News [...]
Getting Smart: How Progressive Is Deploying Data To Win in Auto Insurance
1928502
Last modified on November 16, 2016 at 2:22 pm
Progressive wants to use digital data to lower your car insurance rates and transform the auto insurance industry.
No Personal Trainer? No Problem!
Brittany W
Last modified on November 17, 2016 at 12:54 pm
How technology has disrupted the fitness industry
Netflix and Chill? The Rise of a Tech Media Powerhouse
B4AD56
Last modified on November 15, 2016 at 4:15 pm
Netflix has set the standard in the new age of digital media. Its meteoric rise has challenged the status quo of traditional media companies and forced many industry traditionalists to rethink their strategies. How did Netflix do it? What drove [...]
Stripe Emerges from Global E-Commerce and Mobile Boom
PThatai
Posted on November 17, 2016 at 11:02 pm
Stripe, a fintech startup, is using digital technology to transform the e-commerce and mobile payment processing industry, but will it be able to outcompete industry behemoths like PayPal?
Hacking the TOM Beer Challenge
alexmccurdy
Posted on November 18, 2016 at 4:56 pm
Even with its rapid growth, the beer industry is one of the only “just in time” industries left. It’s an industry weighted down with archaic inventory management and ordering systems, prime for IoT.
Macy’s: The Retailer at the Forefront of a Technological Revolution
kamoy
Posted on November 18, 2016 at 3:02 pm
Within the last ten years, retail e-commerce sales as a percent of total retail sales has increased 183% [1]. As a result, many retailers are facing cannibalization of brick and mortar sales and rising inventory holding costs. Macy’s, one of [...]
One Medical: Revolutionizing Primary Care Using Technology
ashkad
Posted on November 18, 2016 at 4:49 pm
One Medical has leveraged digital technology to effectively deliver on its company mission to build a high quality primary care system that is affordable and accessible to all.
Stockless Stores and Hassle-Free Clothes
ACV
Posted on November 17, 2016 at 8:35 pm
Bonobos, the "perfect fit" men apparel retailer, has evolved its operating model from e-commerce only to a combination of e-commerce and showrooms.
Connected Beauty: The Dawn of a new era
Mubashara Khalid
Posted on November 18, 2016 at 4:00 pm
The largest beauty company in the world is digitally re-engineering the beauty experience to reach the next billion consumers.
Bigbelly Trash Cans: They know a lot more than you think
Casey Botts
Last modified on November 18, 2016 at 5:06 pm
Bigbelly has turned city trash into a treasure trove of data.
A Brief Survey of IoT Solutions for Agriculture
Denton
Posted on November 18, 2016 at 4:19 pm
Internet of Things enabling increased visibility into what drives agriculture.
Spoiler Alert: At the End, Technology Defeats Food Waste
Zach
Last modified on November 18, 2016 at 2:10 pm
One start-up is rethinking approaches to food management with the goal of ending the extraordinary plague of waste.
bKash, BRAC’s venture into mobile banking
f_08
Last modified on November 17, 2016 at 1:14 am
bKash – the story of how BRAC Bank introduced “transferring money by air” and developed the world’s second largest mobile money service in Bangladesh
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