Digital economy has changed the world

The new Intelligence

Digital promises significant financial upsides. Digital leaders can expect to grow revenues by 5-15%, reduce costs by 10-20% and realize potential bottom-line improvements of over 30%. Digital revolution is "democratic" because even small companies and small countries can lead and disrupt the big ones. Digital revolution enables a new kind of globalization and new global start-ups or global players are disrupting local companies. Examples are What's app, Viber, Skype, Amazon, Apple pay, Alibaba Express to mention some of them. There are differences in region by region and country by country in the way that clients adapt new channels, new payment methods, new brands and how fast digital companies manage to build trust. Germany is still a country with high usage of cash, while India is promoting very fast online and mobile payments. Tanzania is the...