From cloud computing and robotics to analytics, artificial intelligence and automation, a new class of digital disruptors is transforming the mechanisms of finance. The pace of digital is putting new pressures on finance to adapt. It is envisaged that by 2022, we will see more than 5.5bn people and businesses, and at least 21bn devices connected to the internet.
The essence of digital business is about the creation of new business designs by blurring the physical and digital world. The evolution of digital business will produce complete digital transformation, we must all learn to accept and adapt. We have entered an entirely new and disruptive world, but a world that provides a wealth of opportunities to improve the way we do business and the way we live. Digitisation and digital business guarantee a universe of applications and digitalised assets that are work together to create rapid development of new capabilities that will yield competitive advantage.
Financial inclusion will be key to driving growth, and this will in turn be enabled by technology. Another important driver will be government proactivity in preparing financial sector service providers adapt and evolve. The Nevis Financial Transformational Technologies Summit 2018, December 6th-7th, aims to help usher the island into this innovative epoch.
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