Digitalization is not something that’s coming, this is something that already exists, says Bank of America CEO Brian Moynihan. He says that 25 percent of their sales are done on digital. Moynihan says his goal is to bring the whole banking system to the digital age to make it more efficient for customers.
On-demand is an infrastructure for the future of retail says Alibaba CEO, Daniel Zhang. He envisions a world where virtually every product, even pharmaceuticals, will be available to be delivered on-demand 24-hours a day to customers.
Imagine just clicking a button on an app and having your cars gas tank filled while you are working at the office. That’s what Booster Fuels is currently doing. Booster has brought the on-demand business model to fuel and it’s extremely popular in its launch markets of SF Bay, San Diego, and Dallas-Fort Worth areas.
Apple co-founder Steve Wozniak said that he believes that Steve Jobs would be very happy with Apple today because they continue to put people above technology. Wozniak also said that other mobile phone companies are not really innovating, they are just creating fun features.
Etsy CEO Josh Silverman says that “machine learning is opening up a whole new opportunity” for the company to organize 50 million items into a discovery platform that makes buying an enjoyable experience and also is profitable for sellers.
SAP CEO Bill McDermott, in a wide-ranging interview with Bloomberg talked about enterprises moving to the cloud, competing with Oracle’s new autonomous database, competing with Salesforce, and its huge business in China.
Yum Brands which owns Taco Bell, KFC, Pizza Hut and other restaurant brands are at the forefront of technological innovation. Yum also isn’t afraid to experiment with seemingly outlandish ideas either such as their announcement of the Toyota Tundra Pie Pro which makes pizza on the go.
Drive.AI has launched a free self-driving car service in Arlington, Texas. “In Arlington, we are launching three different services,” said Drive.AI CEO Bijit Halde.
Digital marketing pioneer Adobe has really been on a tear says Adobe President and CEO, Shantanu Narayen. Adobe acquired commerce cloud platform Magento for $1.68 billion and then acquired Marketo for $4.75 billion.
The CEO of Deloitte, Cathy Engelbert, calls the massive changes that are happening in business and society the 3 D’s: Data, Digital, and Disruption which are are bringing about new strategies of leadership and hiring.