When the coronavirus pandemic limited face-to-face interactions earlier this year, companies, governments and other organizations adapted to the new normal by transitioning many activities online. The transition, a part of the digital transformation that has played out over the years, was a boon for companies like cloud messaging provider Twilio, …
Read More »Nike shares hit record high, as investors see digital bets paying off
Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Nike shares jumped …
Read More »Lululemon CEO expects digital growth momentum to continue post pandemic
Lululemon Athletica CEO Calvin McDonald in an appearance on CNBC Tuesday said he does not expect the company’s sales momentum to slow down with the arrival of Covid-19 vaccines “We don’t see any dramatic impact in the reduction of the momentum in the business … there are a lot of …
Read More »Digital transformation is ‘opportunity of this generation’
As businesses adopted new digital capabilities to operate amid the coronavirus pandemic, ServiceNow reached a milestone among a key client base, CEO Bill McDermott said on CNBC Monday. In the third quarter, the cloud services provider signed its 1,000th customer contract valued above $1 million annually — that’s double the …
Read More »Shake Shack CEO says new store designs, digital upgrades are fueling expansion
Randy Garutti Cameron Costa | CNBC A rendering of Shake Shack’s drive-up window Source: Aria Group Shake Shack was one of the first restaurant chains to unveil restaurant designs inspired by habits its customers adopted during this year’s health crisis. In May, it debuted the “Shack Track,” which has drive-up …
Read More »Tech investor Tim Draper says digital health care will be ‘almost free’
People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin. Andy Manis | Getty Images News | Getty Images The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper. “Health care …
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