Dell EMC today hosted its Executive Summit – ‘Expect Moore’ – for business leaders in the Middle East, Turkey, and Africa region at the InterContinental Budapest in Hungary. At this event, Dell EMC provided a blueprint for digital success and insight into how transformation initiatives can positively impact business results and functions such as growing revenue, improving products and services, and the speedier introduction of new offerings to the market.
The dawn of the ‘Internet of Everything’, widely referred to as the next industrial revolution, is transforming the way businesses across industries operate. According to the Digital Transformation Index study commissioned by Dell Technologies, over half (52%) of respondents have already experienced significant disruption to their industries as a result of digital technologies, and 78% of respondents consider digital start-ups as a threat, either now or in the future. The impact of disruption on maintaining a competitive advantage is quite significant today, as 62% of respondents have seen new competitors in their industries as a result of digital technologies and initiatives, adding to the pressure on established companies to remain competitive.
The Dell EMC Executive Summit opened with a welcome note from Mohammed Amin, Senior Vice President – Middle East, Turkey, & Africa, Dell EMC, followed by the keynote by Geoffrey A. Moore, renowned author, speaker, and advisor, whose work is focused on the market dynamics surrounding disruptive innovations. The event also hosted several sessions including a practical guide to making digital transformation real, a closer look at the smart cities of the future, the path to artificial intelligence, and security transformation for a digital era, among others.
Mohammed Amin, Senior Vice President, Middle East, Turkey, and Africa, Dell EMC, said, “The next industrial revolution is already here. Two-thirds of businesses worldwide may be at risk of losing significant market share and market value over the next three to five years, being made obsolete by more agile and technologically-superior competitors. This data either translates into an opportunity or threat depending on the advancement of the organisation’s digital transformation journey. At Dell EMC, we believe that this monumental change is rich with opportunity, but, for these businesses to play a role in this next industrial revolution, they must take the necessary steps to transform digitally, which are crucial to success in this competitive age.”