Review of Top 10 Digital Initiatives
to transform your Business and lessons learned from the Market
With 1 billion digital natives joining the labor force in the next seven years, 70 billion connected computing devices by 2020 and the amount of data doubling every 18 months, digital is the new era of business across all industries. It is a stepping stone in the evolution of the modern world, made possible by the exponential growth in the use of new technologies. The digital era requires a new way of thinking about how to compete, which influences the way products, services, campaigns and operating models are designed and delivered.
The banking industry is no exception with 35 percent of banking revenue put at risk due to the digital revolution. This article reviews the top 10 digital initiatives that banks have undertaken in recent years with various levels of success, highlighting their related benefits and the lessons learned, based on case studies observed on the market.
Inside magazine issue 12, June 2016
Inside is Deloitte’s quarterly magazine offering an exclusive insight into best practices, trends and opportunities faced by our clients across all industries.
Inside focuses on the main hot topics relevant for the market (Asset management, Banking, Insurance, Public sector, Healthcare, Private equity, Real estate, TMT, Manufacturing and consumer business, Transport and logistics).