Louis Hernandez Jr. calls out global tech disruption in new white paper and how businesses can save themselves from the digital tsunami

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Oct 23, 2018, 15:30 ET

MIAMI, Oct. 23, 2018 /PRNewswire/ -- The rapid pace of consumer adaptation to technology has reengineered every aspect of our existence, redefining how we live, work and play. It's no surprise that traditional businesses fail when they can't keep up with consumer demand in an advanced digital age.

"The digital disruption faced by heritage businesses shouldn't be viewed as the end of the world, but rather should be positioned by their leaders as a positive opportunity. They can adapt and evolve with the help of vendors who have created the software specific to their industries," said Louis Hernandez Jr., author of a new white paper titled "Digital Disruption 2.0: A Global Tech Tsunami."

The white paper outlines examples of how inert heritage companies are losing their client base. It challenges industry leaders to rethink consumer relationships to attract more value and profit by making the necessary transition and participating in and improving the communities they serve.

Hernandez is a proven tech executive, investor, author and philanthropist. He is the founder, managing director and CEO of Black Dragon Capital, a growth-driven private equity firm with a focus on technology investment opportunities in retail e-commerce, financial services, digital media, healthcare and sports. He has developed an approach to creating market leading companies that he hardened from his career as chief executive of technology companies that he grew from budding startups and mid-size companies into global enterprises.

"As an investor, I look for the most advanced technologies that can be deployed by industries suffering the most from digital disruption, including finance, commerce and media technology. These are tomorrow's winners as they save today's industries," Hernandez said.

"The expectations we have about our purchase and usage experiences as consumers is now extending to the enterprise. Solutions must have clear value, straightforward buying and contracting processes and ease of implementation and use. Simpler wins," said Santo Cannone, a recognized expert in financial technology and member of Black Dragon's advisory board.

To learn more about staying relevant to consumers, read the white paper "Digital Disruption 2.0: A Global Tech Tsunami." To contact the author, please visit blackdragoncap.com.

Black Dragon Capital is a private equity firm based in Miami with a focus on growth investments, particularly in digital commerce, financial services and media technology. Black Dragon's team of industry professionals have significant operational experience, strong financial backgrounds, proven track records of success and investment experience, ranging from startups to billion-dollar organizations in both public and private vehicles. The company leverages its network expertise and deep domain knowledge to assist in accelerating growth and profits in selected markets – all while working closely with entrepreneurs. Learn more at blackdragoncap.com.

CONTACT: Melissa Lichtenheld, Wragg & Casas Strategic Communications, (305) 372-1234, [email protected]

SOURCE Black Dragon Capital