Digitize the business or Drown

Digitization is now no more an option, but a necessity for survival. In the current Digital Age, general life is getting digitized at an amazing pace and all our day to day activities are knowingly or unknowingly getting digital around us and we are the beneficiaries. A simple task like buying groceries and other necessities of life have gone digital where consumers are getting the major benefit in terms of price and customer service. We are part of a digital revolution which has one of the biggest impacts in the history of mankind. Machine Intelligence, Artificial Intelligence, self-driving cars, cryptocurrencies, e-services are changing the way we conduct our daily routine and do business, or governments interact with citizens. If we look at the profile of businesses, In the year 2011, the largest companies by market cap had only one digital age company. In a short span of 5 years, by the year 2016 all of the five largest companies were Digital businesses.