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What we think |
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The Digital Economy
The Hermes Group believes, along with many Fortune 1000 business executives,
that a distinct Digital Economy is emerging. This Digital Economy is turning
business upside-down, accelerating and amplifying information flows locally and
worldwide, giving startups the marketplace clout of veteran participants,
reorganizing the economics of markets, and driving new wealth-building
mechanisms.
New Business Ecosystem
Perhaps the most significant impact of the Internet on today's business is the
shift from physical to digital value chains. As more companies replace pieces of
their value chains with virtual partnerships, The Hermes Group believes that the
next step is complex business-to-business and business-to-consumer ecosystems.
These Digital Business Ecosystems allows businesses to pool their core
competencies and provide additional offerings and seamless services to
customers.
Globalization
If your business is on the Internet anywhere on it you have the
ability to reach customers, suppliers, and business partners all over the world.
But between your business and its global destiny lie challenges that go beyond
simple translation.
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