Snippets: Digital opportunity and threat

80% of traditional companies will lose 10% in market share due to disruptive competition: Gartner

The top digital companies in the Asia-Pacific region represent both a threat and an opportunity to global enterprises, and chief information officer (CIOs) ignore them at their own risk, according to Gartner, Inc. Analysts advise CIOs involved in building or expanding a digital business to identify and understand Asia's top disruptors as early as possible and work with their strategic planning groups to decide to collaborate with or compete against these digital giants. Gartner predicts that through 2021, 80 per cent of traditional companies will lose 10 per cent in market share due to disruptive competition and/or the inability to