The Empire Strikes Back. Banking | Technology | Platforms
Blog Posts21st August 2017
Technology, Banking, Platforms
The technologically driven change in the financial industry is entering a new phase. While banks have developed a common digital ecosystem with fintechs over the past few years, technology companies such as Google, Amazon and Alibaba have been shaping new structures – a growing impact on the financial industry in the future.
Digitization is transforming the world as we know it. Our daily work will be challenged by increased automation (so-called Work 4.0), our production processes will be adapted to Industry 4.0, and our value chains will be broken up while platforms will enable new modular and customizable businesses.