12 Quotes About Digital Transformation

“Silicon Valley is coming and if banks don’t up their game, then tech companies will take over the industry’s business. There are hundreds of startups with a lot of brains and money working on various alternatives to traditional banking.”

— Jamie Dimon, CEO, J.P. Morgan

“At least 40% of all businesses will die in the next 10 years… if they don’t figure out how to change their entire company to accommodate new technologies.”

— John Chambers, Executive Chairman, Cisco System

“Software is eating the world.””

— Marc Andreessen, Co-founder and General Partner of Andreessen Horowitz

“Every part of the UK economy and our lives has been digitised – from how we shop and entertain ourselves to the way we travel to work and manage our health.”

— Ed Vaizey, Minister of State for Culture & the Digital Economy, UK

“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”

— Charles Darwin (1809-1882)

“We’ve moved from digital products and infrastructure to digital distribution and Web strategy to now into more holistic transformations that clearly are based on mobile, social media, digitization and the power of analytics and we think it’s really a new era requiring new strategies.”

– Saul Berman, IBM

“Data is fact, not truth. I still feel it’s a little dangerous for brands to throw out intuition and common sense and to only obey what the data tells them. Is A actually better than B, or is it simply the lesser of two evils?”

— James Peck, The Iconic

“We should no longer be talking about ‘digital marketing’ but marketing in a digital world.”

– Keith Weed, Unilever, 2015

“People don’t want to buy a quarter-inch drill. They want a quarter-inch hole.”

– Former Harvard Business School marketing professor Theodore Levitt

“In today’s era of volatility, there is no other way but to re-invent. The only sustainable advantage you can have over others is agility, that’s it.Because nothing else is sustainable, everything else you create, somebody else will replicate.”

– Jeff Bezos, Amazon founder

“The Last ten years of IT have been about changing the way people work. The next ten years of IT will be about transforming your business.”

– Aaron Levie, CEO of Box

“I literally coded Facebook in my dorm room and launched it from my dorm room. I rented a server for $85 a month, and I funded it by putting an ad on the site, and we've funded ever since by putting ads on the site.”

— Mark Zuckerberg, Facebook CEO and Founder