@CloudExpo Authors: Liz McMillan, Elizabeth White, Pat Romanski, Gordon Haff, Yeshim Deniz

News Feed Item

Frost & Sullivan: GIL 2014 NZ keynote is Mega Trends to 2025 transforming the world; impacting businesses, cultures and personal lives - opportunities in hundreds of billions

AUCKLAND, New Zealand, July 30, 2014 /PRNewswire/ -- Mega trends are defined as transformative, global forces that define the future world with their far reaching impact on business, societies, economies, cultures and personal lives.

Photo - http://photos.prnewswire.com/prnh/20140730/130937

Frost & Sullivan's report, 'World's Top Global Mega Trends To 2025 and Implications to Business, Society and Cultures' identifies 12 of these trends that will drive growth and innovation in the world; Urbanisation Bricks & Clicks, Future Infrastructure Development, Smart is the New Green, Innovating to Zero, Health, Wellness and Wellbeing, Social Trends, New Business Models: Value for Many, Future of Mobility, Connectivity and Convergence, Beyond BRIC :The Next Game Changers, Future of Energy.

Manoj Menon, Senior Partner and Asia Pacific Managing Director, Frost & Sullivan says, "Society as the centre of all businesses, and how the society in turn is a driving force in shaping businesses today. Mega Trends have diverse meanings and impacts for different industries, companies, and individuals. Analysis of these mega trends and their implications forms an important component of a company's future strategy, development, and innovation process, and impacts product and technology planning. It is important for any company or stakeholder in the market to understand and perceive changes that would arise from these futuristic forces of development and identify opportunities."

Urbanisation and economic development are pushing the growth of megacities, particularly in developing economies. The top 25 cities in the world today account for half of the world's wealth. By 2020, we will see the vast development of 'Mega Cities', 'Mega Regions' and 'Mega Corridors'. Over 60% of world's population is will live in cities that are networked and integrated. Smart Cities will create huge business opportunities with a market value of USD1.5 trillion by 2020. Smart city market participants will assume one or more of the four main roles in the ecosystem: integrators (the end-to-end service provider); network operators (the M2M and connectivity providers); product vendors (hardware and asset providers); and managed service providers (overseeing management/operation).

The 'Bricks and Clicks' concept will change the face of the retail industry by compelling retailers to transition from having a single/multiple channel to an integrated cross-channel model, merging the digital, virtual and physical into a single model. Menon elaborates, "This integrated channel will become the norm of the future, likely to be deployed by every retailer by 2025. Brick and mortar retailers are already enhancing IT infrastructure and logistics to widen their online presence to tap this growing market. Frost & Sullivan forecasts that online retail revenues will account for nearly 20% of total retail and reach a value of $4.3 trillion by 2025."

Future Infrastructure Development examines areas such as high speed rail, deep sea mining, water and transport infrastructure, whilst 'Green" will be replaced with "Smart" concepts that bring together smart cities, products and technologies.

Innovating to Zero is a radical future concept where the focus and development will shift toward products and technologies with a vision and target of "Innovate to Zero"; bringing social innovation to the forefront. This "Zero Concept" world will have cars with zero emissions, zero accidents and zero fatalities. Cities and buildings will want to be carbon neutral, whilst emerging technologies will strive toward innovating to zero beaches of security, zero accidents, zero fatalities.

Health, wellness and wellbeing are a vital mega trend as public health is becoming unaffordable. "The definition of healthcare will change as economies struggle to afford healthcare costs, which will affect 20 percent of a nation's GDP in a developed world. Focus will shift to mass prevention and diagnoses and to wellness aspects of the mind, body and soul. The age-old model of treating symptoms will give way to more holistic solutions that involve early diagnosis of disease, methods that can predict future ailments, efforts to prevent disease in the first place and ongoing monitoring of patients to ensure medical intervention takes place at an early stage when it is generally cheaper to do so. Private health insurance schemes will change to reward individuals who stay healthy, and the private sector will increasingly sell gadgets, drugs and services that help them do so," explains Menon.

Social trends that are anticipated to effect deep socioeconomic changes in our future society include a heterogeneous society, Generation-Y, women's empowerment in for a She-economy, the rise of the middle class, an aging population and reverse brain drain.

The emergence of a global middle class of 5 billion people by 2020, interconnected via the internet is resulting in the creation of new "value for many" (VFM) business models. Entrepreneurs and businesses will be able allowed a "make one, sell many," concept that will help drive economic growth in the coming decade. The concept implies that businesses can produce and sell the same product or service to the masses in both the developing and developed worlds using either a platform like the internet or through developing an affordable products strategy. The "value for many" business model drives innovation across a whole spectrum of industries, from low-cost flights to low-cost affordable healthcare products for the masses, to selling and scaling your business to the global market from day one.

The future of mobility will see city planning, energy and ICT coming together to define the future. "By 2020, over 90% of cars sold will be connected, car sharing will have 26.2 million members globally and 44 million users will subscribe to telematics based insurance worldwide, states Menon.

By 2020, there will be over 5 billion internet users, with over half of them accessing the internet over handheld tablet devices and 80 billion connected devices worldwide. This connectivity will spread to our daily lives bringing the three silos of work, home and our surrounding environment into one seamless experience termed as 'connected living'. Through the 'Internet of things' in the home, work, and city environments, this Connectivity and Convergence brings about huge opportunities for growth in an eco-system estimated to be worth $731.70 billion by 2020. This market potential offers immense opportunities to telecom, M2M and software vendors; and existing player and new competitors alike will be experimenting with different types of New Business Models to capture a piece of this lucrative pie.

The future of energy will see the energy industry converge with several related industries to develop efficient and environment friendly solutions. Key trends will be the Smart Grid, the future 'Energy Internet', the contribution of shale gas in the U.S. gas supply to surpass 40 percent in the 2030s, deep sea drilling for oil to account for 20 percent of global oil production and technology for deep sea exploration to expand to deep sea mining. Micro grids and energy storage technologies will leverage second life from electric car batteries, and space-based solar power satellites may beam electricity to earth for the first time ever.

"Mega Trends are transformative global forces that will define our future world and its increasing pace of change with their far-reaching impact on business, economy, society, cultures, and personal lives. A critical element of Frost & Sullivan's programme is the 'Macro to Micro' exercise, which entails taking each Mega Trend, creating scenarios, analysing impact to your business, and designing your future strategy for product and technology planning. In this way, the entire ecosystem of the Mega Trend can be understood, and the most important segment of your value chain can be identified, which will redefine businesses' competitive position in the market" finishes Menon.

Manoj Menon presents these visionary insights showcasing the impact of these new Mega Trends as well as highlighting case studies of companies and a roadmap of global opportunities to 2025 in his GIL Keynote session on at GIL 2014 New Zealand (http://gil-events.gilcommunity.com/events/new-zealand/agenda/) at Villa Maria, Auckland on 28th August, 2014. To enquire or register, please email [email protected] directly with your full name, designation and company details.

Globally Frost & Sullivan conducts the Growth, Innovation & Leadership Congress (GIL) across more than 15 countries. More information about our global community is found here: http://gil-events.gilcommunity.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion


Donna Jeremiah
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: [email protected]


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve fu...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises - and delivering real results.
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.