Digital transformation
  • 22 Nov.2020
  • 2 min read
  • 811 views

Not all Dinosaurs will die and that’s good for everyone!

by Umesh Bhutoria

Share

Upvote

Hello Everyone,

Last few weeks have been super hectic and have contributed, me not being able to come back earlier to this topic “All Dinosaurs won’t die and that’s good for all!” and write a blog on it!

Glad that I have finally been able to make time for it, here are some of my thoughts in connection to how I see the incumbents evolve in the Asset Performance Management analytics space in the CRE segment.

Integrated Workplace Management Systems (IWMS), Computerised Maintenance Management Software (CMMS) and Building Management Systems (BMS) have all been technologies that have existed for ages. Over the last few years, especially after the emergence of cloud and mobile applications, we are seeing changes happening in the marketplace. Start-ups with better drive, agility have been able to force reimagination on how some of the software’s look and work in current times.

While incumbents have been seemingly left behind in the software, analytics space, they certainly hold an edge when it comes to hardware and communications. So what does it really mean for the future?

My feeling is that not all dinosaurs are going to die and that is good for all stakeholders.

That is like a winning formula for all stakeholders. While not everyone is reacting fast, and that is ok as we cannot have a situation where every company would retain their position (at the top) for long, it is a zero-sum game at the end of the day.

Much like the way we have had clear segmentation in the Smartphones Industry, the ecosystem of application developers and the ones who focus on developing devices intersect to provide amazing solutions to customers.

Imagine what would happen if we would not be in control of both the choices we wish to make, that is to select the device and applications of our choice?

What is your thought on this?

Like what you read? Hit the thumbs up to
upvote the content you enjoy the most.

2 upvotes so far

Like the blog ?

Join your peers to get the special edition blogs directly sent to your inbox.

Related Blogs

Digital transformation

8 Minute Read

3 ways you can get your O&M team to work in data first Environment

Getting blue collar workforce in the Facilities Management Sector to be on the right side of technology

Read More

Digital transformation

8 Minute Read

Best of Digital Transformation for FM | Q2 of 2021

Getting blue collar workforce in the Facilities Management Sector to be on the right side of technology

Read More

Digital transformation

8 Minute Read

Digital Divide in FM: How Facility management teams can fill up the Gap?

Getting blue collar workforce in the Facilities Management Sector to be on the right side of technology

Read More
Copy link
Powered by Social Snap