TAILIEUCHUNG - The New Digital Economy How it will transform business

Our October 2012 box generated many comments, criticisms, and suggestions. In this paper, we restate our methodology, revisit our results, examine their robustness, and consider a number of extensions. Section II presents our estimation approach and reports our baseline results. Our forecast data come from the spring 2010 IMF World Economic Outlook (IMF, 2010c), which includes forecasts of growth and fiscal consolidation—measured by the change in the structural fiscal balance—for 26 European economies. We find that a 1 percentage point of GDP rise in the fiscal consolidation forecast for 2010-11 was associated with a real GDP loss during. | OXFORD wE00NOMI OS The New Digital Economy How it will transform business The New Digital Economy How it will transform business Contents Executive The virtuous circle of technology and The global digital economy comes of Reaching Sizing the Industries undergo digital transformation 10 Media entertainment and Life sciences and Financial services 13 The digital divide The emerging-market customer takes center Reverse innovation 20 Business shifts into Real-time business 23 Early-warning and scenario analysis 24 Firms reorganize to fully embrace the digital Globally integrated Edge-based CEO imperatives 29 COXFORD ECONOMICS The New Digital Economy How it will transform business Preface This white paper provides insights into how corporations are responding to the key economic and technology megatrends reshaping the global marketplace. To ensure the rigor of our research we undertook a blend of quantitative and qualitative analysis including A global survey of 363 c-suite executives representing over 256 billion of global turnover and covering a broad range of industries including financial services retail and consumer goods manufacturing life sciences and TICE technology information communication and entertainment . Oxford Economics integrated global economic and industry models to forecast trends explore alternative scenarios and gauge economic impact. Oxford Economics extensive databank containing 25-year forecasts and 30 years of historical data on 190 countries and 85 industrial sectors as well as market data and forecasts from secondary research sources such as eMarketer IDC and Gartner. A series of in-depth personal interviews and panel discussions in New York London and San Francisco with over 35 senior executives consultants and policy makers involved in digital strategy and corporate .

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