In 2015 Finning, a company that for more than 80 years had delivered unrivaled heavy equipment sales and service to its customers and in the process grew to be the world’s largest Caterpillar dealer came to an important realization; we need to disrupt ourselves before someone else beats us to the punch.
In 2010, the IoT device ratio to person globally was 1.84. By 2020 it will be up to 10 web-connected devices per every person. In short, and in the digital age, people have moved beyond the cloud to the edge.
I remember someone telling me that “everything starts to look like a nail when you only have a hammer.”
“Whether you know it or not; did you know that you are on a digital transformation journey?”
Without giving away my years, I can still remember the reference to the 3 Rs in elementary school; Reading, wRiting, and aRithmetic.
I remember when referring to someone as having their head in the clouds was an indication that they were not paying enough attention to what was going on around them due to the distraction of unrealistic or difficult to grasp ideas.
Last year a report from North Carolina State University found that concerns regarding the risks associated with the advancement of technology were of greater concern to company leadership in 2018 than both economic uncertainty and regulation.
