A Search for Digital Maturity in your Industry
A brief Note on Taxonomy
We struggled with the taxonomy of this page and for that matter the site overall, quite a bit. We realize that in business, nothing happens unless the cash register rings. We should accordingly adopt a taxonomy based on Market and Business Model. But we chose Operations instead. Our reasoning was threefold: (i) Most of the non IT Digital Transformation literature we found, focused on Customer Experience and Business Model but not that much was found on Operations.(ii) While comparative advantage in new niches can command price premiums, competition is inevitable and the larger margin capture opportunites from Digital Transformation lie in Operations, with some exceptions. Finally, (iii) the learning curve needed to go from blue ocean to viability is in operations mostly and in particular for B2B which is where our competencies mostly are.
This category includes Agriculture, including agricultural inputs industries such as fertilizers and farm machinery, livestock, food processing, logistics, wholesale and retail food distribution and storage, branding and marketing. Discussions in this category are intended to focus on B2B ecommerce in this sector particularly for grain trading, fertilizer, farm machinery, food logistics, wholesale and distribution of food & kindred products.
Including coal, metals, rare earths and other minerals such as diamonds. Includes washing, grinding and beneficiation but excludes smelting, cutting or other processing.
Includes Trade Finance, Credit Insurance, B2B eCommerce Payment Systems in addition to general Banking, Insurance, Accounting services and capital markets activity.
Products and Services pertaining to the Healthcare industry including hospitals, Physicians' and dental practices and other providers of Health Care services such as Emergency Medical Care, pathology laboratories, Radiology Services etc. Discussions in this category are intended to focus on the opportunities for and the deployment of B2B ecommerce in the above goods and services.
Except Food and Textiles. Includes additive manufacturing
Includes Radio, Television, Newspapers and magazines, Movie theatres and studios, Music and the arts.
The term Digital Maturity is used here not to measure how far a company has digitally transformed itself but rather to mean how robust a company is in being able to cope with the changes in its counterpart ( customers, suppliers, competitors, service providers, regulators and others) business environment brought about by digital transformation. (Continued below...)
(...Continued from above) The industry score is a composite, based on publicly available information, that needs to be constantly updated. Its is therefore and inexact and subjective assessment. While we believe our assessment is directionally correct, albeit indicative, others may hold a different view.