In a digital world, technology and customer needs are changing rapidly. Data has become the oil of the 21st century. Innovation cycles are shorter than ever: half a century ago, the life expectancy of Fortune 500 companies was about 75 years. Today it is less than 15 years, with a downward trend.
To stay relevant in this world, courage, speed, the willingness to constantly optimise business processes and a focus on customers are crucial. Data and technology are the most important levers to react promptly to trends and to change business processes and structures in companies.
P&M sees digitalisation and the associated opportunities as a great chance to sustainably improve the quality of life in every stratum of society.
That is what we are working for.