The global village, mobile devices, online marketplaces, social networks, and on-demand entertainment all have a part to play. People all over the world are increasing the time they spend in the virtual world. They’re buying, selling, sharing, studying, developing apps, hanging out in social networks, and starting to use digital currencies that bypass traditional banking.
Alongside these community-driven ideas, we are also seeing enormous change in business to business relationships. Cloud computing enables any size business to obtain and manage big-business manufacturing, warehousing, marketing, data analytics, enterprise applications and global spread. Supply chains are radically altered: a business of any size can buy, produce and sell globally, and leverage vertically and horizontally integrated supply chains.