Business Quote by John T. Chambers
“If every company becomes a technology company, business models and transitions are going to occur. From a CEO's perspective, this is going to be the biggest technology transition of all times.”
About This Quote
Source Speech: Technology Outlook, John T. Chambers, 2015
Technology will reshape every industry, making all firms effectively tech companies and forcing massive model shifts.
In simple terms: All firms will become tech firms, causing big changes.
Prepare for digital transformation now.
Themes
Mood
Type
When to use this quote
- corporate strategy
- product development
- market analysis
Key Concepts
Questions to Reflect On
- How will traditional firms adapt?
- What risks arise from rapid tech adoption?
Assumes all sectors can adopt tech equally, which may not hold.