Businesses must act now to avoid Tech Giant Domination, Warns Virtusa
April 27, 2018
British businesses are facing an existential crisis; hundreds are at risk due to the explosive growth of innovative tech giants led by Baidu, Alibaba, and Tencent (BAT), and Amazon. Firms that deliver services, such as banks and telcos, are lagging behind in the digital economy compared to firms, such as those in China, that capitalize on emerging trends in other markets where those companies, like BAT, have perfected a new, horizontal business model.