Well-known large companies such as Netflix, Uber, etc are among the companies of the future because they all share the same core aspect: their business models are software-based. As a result, they are taking over large parts of the global economy.
The conversion to a software-based company has become a must because it thus sets businesses up to compete in the future. The most important global companies are tech companies that have transformed their business models. This results in them offering an innovative model that puts customers front and center. Companies that are popular are the ones that offer CX and the best deals to their customers. This is what many customers value.
What companies need for this is the right mindset. And this can be achieved through software. Focusing on software means surrendering to a change that would happen sooner or later anyway. Ultimately, the change regarding software must trickle down through every area of a company.
The mix of customer-centricity, technical know-how, and a constant reflection on the current state of the business will enable a completely new and unique version of a company’s business model to emerge. And this is precisely because all the ideas that emerge within software-based companies are valuable, so employees enjoy working for these companies. Saying goodbye to old traditional companies does not necessarily have to be a bad thing, because it allows for opportunities that do not apply only to large companies.
The companies of the future are therefore primarily those that are guided by technological progress and that venture into a new mindset with curiosity and creativity.
