Today’s businesses are rapidly transforming to prepare for the changes taking place in the global economy. Consider the following: Between 2006 and 2016, eight of the top U.S. retailers saw their market cap decline by an average of 51 percent with the highest topping out at 96 percent. During this same time, Amazon saw a staggering 1,934 percent increase. While business-to-business (B2B) ecommerce in the U.S. generated about $850 billion in revenue in 2016, industry pundits predict that number will reach $1.13 trillion in 2020. Globally? Approximately $6.5 trillion.
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