Decoding Digital
Decoding Digital
Aug 24, 2021
Decoding Xaas: How to Rethink Business Models to Drive Value and Innovation
Play • 32 min

Is digital transformation essential in a modern business? David Sovie, Senior Managing Director, and Vik Viniak, Managing Director and Senior Partner at Accenture, believe that with transformation comes growth. In this episode, Vik and David discuss why digital business models are critical for success and how companies can rethink their own products and services.

Press play to hear David Sovie and Vik Viniak’s thoughts on…

Improving Products by Making Them Platforms

"The reality is that the Tesla car that you have today is actually a better car than three years ago. In the history of the world, that's never been true. It's only when you can have this kind of what I like to call 'evergreen' meaning, it's a continually upgradeable platform that you can actually improve features and functionality over time." —David Sovie

The Importance of Persistence

“Once you're on this journey, you're all in and you have to stay patient and you have to stay persistent on the journey. You can't just turn around in six months and say these things are not happening fast enough because to turn around a ship, it takes time.” —Vik Viniak 

Partnering for Success

“I'm a firm believer that you've got to build your ecosystem. You’ve got to pick the right partners. And then you’ve got to go all in, whether it's to build a product, whether it's to scale or whether it's to drive growth in the market.” —Vik Viniak

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