The role APIs will play in digital transformation is only just starting to be understood – but it promises to be massive, says Kapoor.
How is digital technology and the process of digitalisation affecting the partnering landscape? In simple terms the impact is profound. Let’s illustrate the point with a personal example.
Silicon Valley companies move fast and have essentially learned how to rebuild a car while going 100 miles per hour. Unfortunately, many of the practices that enable this rapid speed violate the core assumptions in industries like financial services. Facebook’s motto: “Move fast, break things” doesn’t really work in a heavily regulated environment that serves as the backbone to our economy.