Mexico Business Review 2018

Page 92

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ENABLING BUSINESSES THROUGH DIGITAL TRANSFORMATION JAVIER CORDERO President and Director General of Oracle Mexico

88

Q: What is Oracle’s role in the development of the digital

Q: What are the challenges of implementing this digital

revolution in Mexico?

revolution in a country like Mexico?

A: The world is undergoing a digital transformation that

A: More than anything, it is a cultural and educational

aims to empower people to create new business models

challenge. Oracle works alongside hundreds of educational

that generate real progress. For instance, Netflix changed

institutions to contribute study programs and workshops in an

the entire industry paradigm and business model. While it is

effort to gradually change people’s mindset toward this new

true that a lot of technology is required for a business such

economy. If we do not start changing this mindset, the country

as Netflix to function, the big turnaround is the paradigm

will continue facing a lag in its productivity index. We need to

change that was made possible through the existence of an

make Mexican businessmen incorporate the innovation chip

enabler. In Mexico, Oracle focuses on supporting the country’s

into their DNA.

digital transformation through our technology management. We are enablers for companies and we are looking for new

Q: How ready is Mexico to undertake the digital revolution?

business models in this digital transformation.

A: When it comes to digital transformation, neural networks are fundamental. I would say that it is not only telecom companies

The growth of e-commerce represents a paradigm change

that are in charge of this part, but networks in general must

and has made competition global instead of local. When

be strengthened to support the existing connectivity demand.

it comes to digital transformation, Mexican companies

We are focusing on traditional businesses but new areas, such

are understanding the strategic value of business models

as IoT, are connecting everything to the internet.

powered by the internet. A few years ago, incorporating a digital strategy answered the need to become more efficient,

Mexico does not have the infrastructure to support this

to save money or to just keep pace with the trend. Companies

transformation. However, we are on the right path. There

now are venturing into a new digital world to find new

are several companies heavily investing to reinforce the 4G

business models and to offer new products and services.

network. Telecom companies are now working toward a

For instance, when talking about retail, only 10 percent of

new generation of 4G where users can reach cable-speed

what is sold in the world is through an e-commerce platform

connections without being connected to a cable. This will lead

while 90 percent is sold through traditional channels. The

to new business models that we cannot even imagine now.

percentage of sales through e-commerce is very low but almost 90 percent of what is sold through traditional retail

Q: What areas of opportunity has the company recognized

is influenced by the internet.

within Mexico’s digital development? A: Every human discipline and science is walking down the

The use of technology is no longer exclusive to big

path of digitalization. For instance, with the telecoms reform,

corporations. It is not a matter of size and scale, it is a

public television is now digital. The taxation system or

matter of how the world operates. The world has changed

administrative procedures are also digital. Everything is digital.

and Mexican entrepreneurs are beginning to understand this,

This means that data has to be managed, stored, transported

which means that we are seeing an important transformation

and analyzed by something, regardless of the discipline. Oracle

toward the digital world regardless of a company’s size.

is focusing on all these tasks. Digital databases, models to store and to transport digital information are all from Oracle. We see limitless possibilities of digitalization. Worldwide, we

Oracle is a multinational computer technology corporation

are experiencing double-digit growth and in Mexico we are

headquartered in California. It specializes in developing and

growing at a three-digit pace. This growth is neither a fluke

marketing database software and technology and cloud

nor the consequence of skilled salespeople, it is inertia from a

services. It is present in 195 countries

technology that is working. It is a historic moment.


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Articles inside

Thinking Ahead of The Curve

1min
page 360

NEW OPPORTUNITIES IN A CHANGING MEXICO

1min
page 352

Boosting Mexico’s Tourism Potential

1min
page 144

Spirits Market an Attractive Opportunity

1min
page 126

FROM MEXICO, WITH BEEF

1min
page 118

From Device Suppliers to End-to-end Solutions

1min
page 102

NEW APPROACHES DRIVE CHANGE

1min
page 96

ENABLING BUSINESSES THROUGH DIGITAL TRANSFORMATION

1min
page 92

15 Years Growing in Mexico’s Rising Telecom Industry

1min
page 88

Capitalizing ON the Mexican Stock Market

1min
page 79

SPURRING GROWTH AT MEXICAN COMPANIES

1min
page 80

Rapid Innovation, Technologies Help Expand Reach

1min
page 77

Embracing the Digital Challenge

1min
pages 68-69

Bridging the Gap Between North and South

1min
pages 30-31

Innovation and Sustainability for Mexico’s Fishing Future

1min
page 29

50-50 BET Provides Competitive Advantage

1min
page 25

Developing Digital Opportunities in Mexico

1min
page 22

Furthering Financial Inclusion and Credit Expansion

1min
page 21

Ensuring Mexico’s International Competitiveness

1min
page 17

Building a Prosperous Mexico

1min
page 15
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