The following infographic highlights the top 10 industries that are being disrupted by Digital Transformation. Today, executives and managers in every industry must stay on top of emerging technologies to keep ahead of the competition that may offer their customers faster and better quality experiences and services at a lower cost.
Read moreHow Banks are Digitally Transforming their Customers' Experience
DATA SOURCE: BANK OF AMERICA'S QUARTERLY FINANCIAL SUPPLEMENTS. CHART by Motley Fool
Don't look now but your neighborhood Bank Branch location may soon be closing. The Banking industry has woken up to two important facts:
- Most Customers really don't like (or have time) to come into a Bank Branch (or use ATMs) and more and more of them would rather just use their laptops, tablets or smartphones for most transactions
- It costs a Bank 90% less for a customer to use a mobile app to complete a transaction vs them coming into a bank to execute a transaction
Chevron Digitally Transforms Gas Stations - Shell Doesn't
Chevron's new wireless gas station pumps accept Apple Pay, Android Pay, Samsung Pay, etc
What happens when you digitally transform your business and improve your customer's experience before your competitors? Your customers move their business to you from your competitors. Your sales go up faster and your competitors sales go lower.
Read moreRobot Baristas Now Serve Fast Quality Coffee in San Francisco [video]
Photo Credit: Barry Ross
In the future, your coffee may soon be made and delivered by your favorite robot barista. Wait… you can have it now by visiting CafeX in the Metreon shopping complex in San Francisco (as of January 2017). And it costs less than a human barista making the same quality coffee at Starbucks, Peets or the other leading coffee chains.
Read moreHow Apple Pay Saved the Day
Photo Credit: Apple
Last week we woke up to a beautiful Sunday morning and the temperature was forecast to reach 90° that day. So my wife and I decided to go to Half Moon Bay Beach (in the San Francisco Bay Area).
As we were driving to the beach, we decided to stop at the new Dunkin' Donuts (formerly Popeye’s fried chicken) that just opened up in Half Moon Bay, located at Hwy 92 and Hwy 1).
We parked the car and got in line to buy some coffee and donuts. While we we're standing there, I realized that I had left my wallet and all my money sitting on my desk at home. It turns out that my wife Alana also didn't bring her purse or any money.
Read moreDigital Transformation and the Future of Clothes Shopping
Watch this video to take a peak into the future of clothes shopping at a digitally transformed fitting room. Now, imagine shopping like this at your favorite store.
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