Quote: Companies compete differently in digital industries than in non digital

“Because as we speak, the force of digital is rewriting the rules of competition and finance. Our main premise is that companies compete differently in digital industries than in non digital. Instead of competing on scale of four to five business positions, competition is turning to speed and novelty of digital innovations. Instead of competing only as individual firms, companies compete in ecosystems and through digital platforms”
Stefan Henningson, Associate Professor at  Copenhagen Business School, Digital Competition in Financial Services

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