Digital Transformation and Its Role in Mobility and Competition By @KRBenedict | @ThingsExpo #IoT

I don’t think we take competition serious enough. I don’t think we fully understand how important digital transformation is, and the far-reaching economic implications of not competing effectively. In 2014 in a discussion about the struggling Finnish economy, Mr Stubb, the former prime minister of Finland, told a newspaper, “Steve Jobs took our [country’s] jobs.” His words describe the severe impact of not competing effectively on a nation’s economy. In a global market innovation and competition from the other side of the world can powerfully and rapidly impact the local economy for good or bad.

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