{"id":5378,"date":"2015-05-06T07:00:44","date_gmt":"2015-05-06T15:00:44","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=5378"},"modified":"2015-04-01T08:58:12","modified_gmt":"2015-04-01T16:58:12","slug":"digital-transformation-one-third-of-market-leaders-to-be-toppled-by-digital-disruptors-in-three-years","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/digital-transformation-one-third-of-market-leaders-to-be-toppled-by-digital-disruptors-in-three-years\/","title":{"rendered":"Digital Transformation: One Third of Market Leaders to be Toppled by Digital Disruptors in Three Years"},"content":{"rendered":"

In just three years, one third of of top twenty market share leaders will have been disrupted by market competitors that use digital technologies to one-up existing leaders, says IDC<\/a>.<\/p>\n

Meredith Whalen<\/a>, Senior Vice President at IDC, said that<\/a>\u00a0“digital technology has and will continue to alter the landscapes of business, education, healthcare, and government. The past couple of years have seen breathtaking change at an accelerating pace. \u00a0Digital transformation is one means of creating self-adapting businesses that can rapidly respond to change. These organizations will not only weather the coming storm, but also thrive on it… \u00a0Digital transformation is a foregone conclusion for most if not all businesses. The only choice for businesses is whether to hunker down and try to weather those disruptions, develop digital transformation competencies and become a disruptor, or split the difference and become a fast follower of disruptors.”<\/p>\n

As companies try to build their digital capabilities, IDC sees five different categories:<\/p>\n