Trends Report

Transform Technology Sourcing Strategy To Drive Digital Disruption

July 29th, 2013
With contributors:
Christopher Andrews , Fraser Tibbetts

Summary

New business models are emerging across various industries, underpinned by cutting edge technology. Industry leaders like Toyota Motor Corp. (with its connected vehicle solutions) and WellPoint (with its healthcare analytics based on IBM Watson) and new entrants like Airbnb (peer-to-peer hospitality) and Square (mobile payments) are breaking away from the competition through aggressive adoption of leading- and bleeding-edge technologies — from mobile to sensors to cloud to big data. To drive digital disruption, sourcing executives must adopt a new philosophy focused on ecosystems, shared data and IP, and orchestration models. Through the new approach in this report, sourcing can enable business disruption and take a lead in identifying and driving new supplier partnerships.

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