Companies need to rethink their strategies to include a digital component, says IESE Prof. Sandra Sieber. This means they need to develop a digital mindset but it also calls for leaders who are capable of adapting to the situation depending on the evolution of the business model. To do this they need supportive structures and […]
Mobile Banking’s Missed Opportunities [Updated]
Banks are currently shifting their online services to mobile ones in a way that fails to take advantage of the unique elements that new technologies offer. At the same time, new initiatives such as crowdfunding or peer-to-peer lending are emerging and growing faster, fostered by digital interactions. According to Prof. Evgeny Káganer this is only […]
How Companies Can Add Value With Big Data [Updated]
A lot of useful information is buried inside big data and the question is knowing how to mine it in order to extract the information that will improve the quality of analysis. Organizations need to change their culture if they are to exploit this new resource and they need to incentivize managers to understand technology […]
Into the Age of Cloud TV [Updated]
The cloud is changing the way we receive, use and disseminate information, says Prof. Eli Noam of Columbia Business School. As well as convenience to users, the cloud raises moral and legal questions, as well as the need for revenue flow apart from advertising. Data can be personalized and privacy and security issues can be […]