Traditional Asian businesses must start selectively buying small digital disruptor’ technology companies if they are to avoid losing market share either to these firms or to rivals that acquire their services, predicts Accenture Strategy.
“We have seen a lot of attention around the mega-deals in the world, which are used to gain scale and expand production, but these deals do not allow clients to look at the impact of digital disruption,” Accenture Strategy's Bruce Delteil told FinanceAsia.
A lot of attention around digital disruption has focused upon financial technology, as new companies use online interaction to compete with traditional banking and consumer finance.
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