General-purpose technologies (GPTs) are foundational technologies that enable many applications with broad, significant cumulative impact on society. Think about the long-lasting effects that aqueducts, water mills, steam engines, electricity and computers have had on humans over the centuries. Each of these GPTs was profound in its power to create new applications that transformed society, and in the process spawned new industries while impacting existing ones.
We are now living through one of the most important GPT waves in history: The Digital Transformation of all businesses and industries.
In this thought piece on Digital Transformation, we cover topics such as:
- The Shift from Tech-as-Tool to Tech-Enabled Business Models
- The Ingredients of Digital Transformation
- Implications for Investors and Growth Opportunities
To read our in-depth research paper, The Digital Transformation of All Businesses and Industries, please fill out the form on this page.
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