Philip Evans: How data will transform business

We hear a lot about data, and data analytics, but are we paying attention? Many think this jargon may be akin to statistics and demographics, but it something more.

Philip Evans gives a compelling TED Talk presentation about how we are being pushed out of the institutional value system that we are used to using. As distribution costs and transaction costs become significantly lower, this impacts business at its core. Going from vertical to a horizontal structure, we are moving away from the corporate scale. And we need to take notice.

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