Big data will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus—as long as the right policies and enablers are in place.more
While large enterprises and national economies have reaped major benefits from this technological revolution, individual consumers and small, upstart entrepreneurs have been some of the greatest beneficiaries from the Internet's empowering influence.more
Radical customization, constant experimentation, and novel business models will be new hallmarks of competition as companies capture and analyze huge volumes of data. Here’s what you should know.more
The United States faces a future in which the elements of economic leadership are moving abroad. Reversing these trends will require the private and public sectors to collaborate.more
McKinsey's new survey research finds that companies using the Web intensively gain greater market share and higher margins.more
Advancing technologies and their swift adoption are upending traditional business models. Senior executives need to think strategically about how to prepare their organizations for the challenging new environment.more
More objects are becoming embedded with sensors and gaining the ability to communicate. The resulting information networks promise to create new business models, improve business processes, and reduce costs and risks.more
A sector-by-sector analysis unveils the sources of continued productivity growth in the US, even after the dot-com collapse in 2000.more
Smart IT investing doesn’t require a return to the spendthrift ways of the late 1990s.more
Reports of the New Economy's demise have been greatly exaggerated. Evidence from both the US and Europe indicates that IT was and is important to productivity growth, but that its primary role is as an enabler of innovation and competition.more
James Manyika and Matthieu Pélissié du Rausas discuss how the Internet impacts economic growth, job creation, and prosperity at the e-G8 Forum.more
McKinsey Quarterly—MIT professor Erik Brynjolfsson, Cloudera cofounder Jeff Hammerbacher, and Butler University men’s basketball coach Brad Stevens reflect on the power of data.more
Share of GDP growth that can be attributed to the Internet in mature economies in the past five years more