Private equity firms are looking at digitisation as a new way of creating value in portfolio companies in contrast to their traditional turnaround skills, and are helping companies to become “tech enabled” rather than transforming them into pure-play technology companies.
Faced with the “Amazon effect” that has wrought carnage in the retail sector and threatens to spread everywhere from pharmaceuticals to home security, many sponsors are accepting that new acquisitions, existing portfolio companies and even their own operations need bringing up to date.
Read the full article titled “Private Equity Firms Target Cloud, Digitisation” to find out how technology is an enabler that runs through companies and how those that leverage it will do well.
“Empowering Enterprise” is an ongoing Ingram Micro series published in every Wednesday’s edition of The Business Times. It aims to provide news and thought leadership on the latest developments in cloud and security.
The series is produced in partnership with the following vendors: Dropbox, Microsoft, VMware, Cisco, IBM, Progress, Symantec, Barracuda, Dell EMC, FireEye, Hewlett Packard Enterprise, Juniper Networks, Lenovo, Menlo Security, Adobe, BitTitan, DocuSign, NSFOCUS and Veritas.
This post may contain excerpts from an article entitled “Private Equity Firms Target Cloud, Digitisation” published in The Business Times on 17 January, 2018.