With the current speed of innovation, businesses are under enormous pressure to make profound technological changes in order to remain relevant and avoid extinction. In the next 10 years, about half of the S&P 500 is forecast to be replaced by more agile competitors — an unprecedented rate of churn. This imperative to transition from the old way of doing things is called digital transformation and businesses are spending trillions of dollars to achieve it.
Accomplishing digital transformation is often both shockingly inefficient and incredibly difficult, as most attempts are made using traditional approaches that leverage dated technology and old-school configurations of development teams. One could easily characterize software development today as being in an artisanal state, no different than earlier generations having to rely on highly-specialized craftsmen to build basic furniture for an office or home in the decades before IKEA. In our current mass production world, this anachronism just doesn’t make sense. Today’s software development shortcomings leave most businesses with overrun budgets, missed deadlines, and disappointing results.
At
8gig, we believe in a radically different way of successfully achieving digital transformation. To this end, we are introducing a “digitally transformed” solution for software development and thus empowering businesses to cross the chasm to thriving as a modern and agile enterprise as their peers fall victim to the accelerating pace of change.
8gig is a combination of a state-of-the-art low-code development platform, decentralized developer network, and token-powered economy to propel software development efforts forward in an exponential manner. Think of it as a technology platform surrounded by a large, autonomous-but-mission-driven team that is compensated for work done in service of business innovation through a powerful crypto asset.
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