#business-transformation

#business-transformation

Lessons from history are helpful here. When electricity arrived in the late 1800s, factories did the obvious thing: they swapped gas lamps for lightbulbs. The result was brighter, safer workplaces. But the true revolution came later, when factories reorganized around electric motors. Production lines were redesigned and whole industries changed. The lightbulb was the headline, but the re-engineered factory was the real story.

Stellantis aims to generate €20 billion in software-based revenues by 2030, with 100 percent of sales in Europe and 50 percent in the US coming from electric vehicles.

AI remains a powerful driver of transformation for our clients and for IBM. Our generative AI book of business continues to accelerate and now stands at more than $7.5bn.

The notion that generative AI can simply convert low-margin service businesses into high-margin software companies is more mirage than reality, creating a misunderstanding of true value.

Cisco’s mission is to ensure that businesses fall into the category of those adept with AI by providing essential infrastructure, safety, and support.