WESTPORT, Conn., Oct. 22, 2019 (GLOBE NEWSWIRE) -- In order to compete in the 21st century, every large-scale global company must view itself as a technology company. Success is no longer about just delivering the best products and services, said Hunter Muller, President and CEO of HMG Strategy. It’s about understanding precisely what customers want, then accelerating the digital experience by providing a platform of simplicity and connectivity.
“Companies that pull back on technology investments put their competitive position at risk,” he said.
Muller recently wrote about an early October stock market spike. He followed up in a new article, pointing out that although market analysts are taking a cautious approach to tech investments in the upcoming year, according to a Barron’s article, the strong performance in major markets lately is no fluke, and should continue going forward.
“As technology leaders, we understand what’s really driving the modern economy,” Muller said. “We understand the incredible impact of technology on the broader culture.”
Talent, expertise and strategic planning are at the core of this business savvy, said Muller, not luck or magic. A strategic perspective on the rapidly evolving global economy is key. When small, midsized and enterprise corporations build digital, customer-centric business models atop technology-heavy foundations that are designed to accommodate change, success can be perennial.
“We’ve crossed a threshold and entered a world in which the ability to use technology determines who wins and who loses,” Muller said.
This applies to all industries, Muller said. Starbucks, Shell Oil, Target, Amazon, Apple and many more corporations understand that a world-class customer experience platform matters.
“Technology has truly become the bedrock of success,” said Muller. “That’s become the new fundamental reality, and it isn’t likely to change soon.”
With savvy technology leaders driving the modern economy, Muller said he is confident that the industry has a bright and vibrant future. With this marking the second largest earnings week for this quarter, Muller suggests keeping an eye on top companies such as Microsoft, Tesla, JetBlue and TD Ameritrade to see how they’ve fared.
Through October 18, with 15% of the companies in the S&P 500 reporting results, 84% had posted positive earnings surprises, according to CNBC. Meanwhile, U.S. stocks continue to flirt with record highs, according to Bloomberg.
To read additional stock market and industry predictions by Hunter Muller, and to access a wealth of thought leadership shared on HMG Strategy’s unique digital platform, click here.
2019 has been a record year for HMG Strategy, both in terms of revenue and attendance to its Executive Leadership Summits. Muller invites technology leaders to join the world’s largest independent and most trusted executive leadership network as it shifts to a new theme for its 2020 events: “Enterprise 2025: Lead, Reimagine, Reinvent — Building a World Class Team, Customer and Partner Ecosystem.” In the upcoming year, HMG Strategy will host more than 5,000 Advisory Board and planning calls, over 100 dynamic thought-leadership experiences, and more than 50 live events.
About HMG Strategy
HMG Strategy is the world's largest independent and most trusted provider of executive networking events and thought leadership to support the 360-degree needs of technology leaders. Our regional CIO and CISO Executive Leadership Series, newsletters, authored books, and Digital Resource Center deliver proprietary research on leadership, innovation, transformation, and career ascent.
The HMG Strategy global network consists of over 400,000 senior IT executives, industry experts and world-class thought leaders.
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