|By PR Newswire||
|July 29, 2014 10:26 PM EDT||
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.
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
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: [email protected]
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
Dec. 19, 2014 04:30 PM EST Reads: 681
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 04:00 PM EST Reads: 1,807
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows AgilePoint’s unique approach to dealing with this market circumstance by developing a rapid application composition or development framework.
Dec. 19, 2014 03:45 PM EST Reads: 1,057
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
Dec. 19, 2014 03:00 PM EST Reads: 1,728
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 03:00 PM EST Reads: 1,759
AppZero has announced that its award-winning application migration software is now fully qualified within the Microsoft Azure Certified program. AppZero has undergone extensive technical evaluation with Microsoft Corp., earning its designation as Microsoft Azure Certified. As a result of AppZero's work with Microsoft, customers are able to easily find, purchase and deploy AppZero from the Azure Marketplace. With just a few clicks, users have an Azure-based solution for moving applications to the...
Dec. 19, 2014 02:00 PM EST Reads: 1,006
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Dec. 19, 2014 11:30 AM EST Reads: 2,899
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 11:00 AM EST Reads: 2,356
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Dec. 19, 2014 10:00 AM EST Reads: 2,527
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 19, 2014 09:00 AM EST Reads: 2,518
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Dec. 19, 2014 08:00 AM EST Reads: 2,418
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
Dec. 19, 2014 07:00 AM EST Reads: 2,724
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
Dec. 19, 2014 06:30 AM EST Reads: 2,728
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada...
Dec. 19, 2014 04:00 AM EST Reads: 2,427
SYS-CON Events announced today that AIC, a leading provider of OEM/ODM server and storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. AIC is a leading provider of both standard OTS, off-the-shelf, and OEM/ODM server and storage solutions. With expert in-house design capabilities, validation, manufacturing and production, AIC's broad selection of products are highly flexible and are conf...
Dec. 19, 2014 04:00 AM EST Reads: 2,280
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
Dec. 19, 2014 02:00 AM EST Reads: 2,585
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Dec. 18, 2014 09:45 PM EST Reads: 1,590
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 08:00 PM EST Reads: 1,873
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
Dec. 18, 2014 12:00 PM EST Reads: 1,763