Are All Companies Becoming Technology Companies?

The Buzz 1: “Technology is anything that wasn’t around when you were born.” (Alan Kay)

The Buzz 2: “Any sufficiently advanced technology is equivalent to magic.” (Arthur C. Clarke)

We live in a world dominated by technology companies: new IPOs every month, stocks constantly reaching all-time highs, the number of apps in our pockets growing by hundreds every year. All businesses rely on technology to deliver services and products – technology has become the standard.

Small enterprises run their entire business on pay-as-you-go ERP software. Your favorite restaurant uses an app to deliver food. Real estate agencies can get you a new apartment on their website. There’s no way back.

However, does this mean all companies are tech companies? Is technology truly changing existing business models or simply adding a digital layer? How can traditional companies take advantage of technology to transform their business? What is business transformation from a technology perspective?

We'll ask Teri Hamann at SAP and Mike Maiolo at Rizing for their insights on how business transformation creates competitive advantage when technology is infused into all areas of the business, on “Are All Companies Becoming Technology Companies?”

Join us for Ready. Set. Transform. Presented by RISE with SAP.