Almost a third of the economy faces a digital “big bang” over the next three years, pushing companies as diverse as retailers, banks and real estate agents to rethink their strategies, a new report says.
Real estate, professional services, and arts and recreation also faced a dramatic disruption
The report by Deloitte, published on 10th of September, assesses which parts of the economy are likely to see a change of more than 15 per cent in key metrics such as revenue or cost structures due to the digital revolution.
However, he said the long-term impact on the economy was positive. Ultimately, it would lead to more higher-paying jobs and higher productivity, as was the case after the wave of deregulation in the 1980s.
Times of extreme disruption and extreme pressures on costs and revenues are historically periods of great failure. However, they also represent great opportunity. How do you see real estate being disrupted to your benefit?
Guest Columnist Martin Compton