Florida Pool Pro
            
          
        
        
          
            
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              • November 2014
            
          
        
        
          
            
              17
            
          
        
        
          
            Embracing digital pool technology - Moving
          
        
        
          
            at glacier speed
          
        
        
          (part 2)
        
        
          COMMERCIAL CONNECTION
        
        
          
            By Jack Manilla, Portofino Pools / 
          
        
        
        
          The benefits of digital transformation -  The opportunity for digital technologies
        
        
          to create new businesses is real and a quarter of respondents expect digital
        
        
          transformation to launch new products and services. William Ruth, vice
        
        
          president of software at General Electric, is pushing an Internet of Things
        
        
          service strategy that will help it tell customers how to schedule maintenance
        
        
          and avoid part failures, improving operations. The company expects it will sell
        
        
          related services to maintaining these products.
        
        
          Companies are using technology to create real, transformative effects
        
        
          across customer experiences, internal operations and new business models.
        
        
          But business model transformation is also slow.  A mere 7 percent of study
        
        
          respondents said their company’s digital initiatives were helping to launch new
        
        
          businesses, and only 15 percent said new business models were emerging
        
        
          thanks to digital technology.
        
        
          It could be that these technologies are so new that they simply have not had
        
        
          time to be turned into new business opportunities. One respondent noted that
        
        
          in his company, “The belief is that digital technologies are not that effective yet
        
        
          in our marketplace.”  Another said customers weren’t ready for new models yet,
        
        
          because they are “highly conservative and resistant to change.”  I personally
        
        
          have heard similar comments from many customers.
        
        
          Problem: Lack of Urgency - Complacency affects more companies than
        
        
          any other organizational barrier cited in one survey; with almost 40 percent
        
        
          of respondents saying that lack of urgency/no sense of burning platform is
        
        
          the biggest single obstacle to digital transformation. One survey respondent
        
        
          working in higher education said, “The organization has a long (70 years)
        
        
          history of success ... the need to change is not clear to some members of the
        
        
          old guard.”
        
        
          Problem: Attitudes of Older Workers - Responses to this survey suggest a