PriceSenz
Digital technologies — including mobile, social media, cloud, data analytics, AI and IOT — are fundamentally changing how users interact with businesses, disrupt traditional business models and open up enormous opportunities for new business models. Businesses across industries, from retailers and banks to telecom and energy companies are being forced to adjust their business models to survive the digital disruption. 40% of Fortune 500 companies are expected to cease to exist in 10 years due to digital disruption.