Welcome!

@CloudExpo Authors: Elizabeth White, Nate Vickery, Liz McMillan, Scott Allen, Pat Romanski

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

Contact:

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

http://www.frost.com

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
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today BZ Media LLC has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and Commercial Drone markets.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
In his session at 18th Cloud Expo, Andrew Cole, Director of Solutions Engineering at Peak 10, will discuss how the newest technology advances are reducing the cost and complexity of traditional business continuity and disaster recovery solutions. Attendees will: Learn why having a full disaster recovery strategy is more important now than ever before Explore the key drivers of a successful disaster recovery solution Achieve measurable operational and business value from a disaster recovery ...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
SYS-CON Events announced today that Hanu Software will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Leveraging best-in-class people, processes, and technologies, Hanu provides high-quality, high-value software development and business process outsourcing services to independent software vendors (ISVs) and enterprises.
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...