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21 Dec 2022  |  Global  |  Megatrends
2023 Top Trends—Growth Opportunities
Top Trends Driving Transformational Growth in 2023, the Year of Resilience
Frost and Sullivan expects 2023 to be the year of resilience. Businesses will face a range of challenges, including a global economic slowdown, supply chain bottlenecks, and geopolitical shocks. Organizations of all sizes and types will be compelled to find new areas for growth, despite an abrupt downturn in consumer demand. This study identifi...
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30 Sep 2016  |  Global  |  Megatrends
Analysis of Exoskeleton Technology Implementation in Future Factories
Exoskeletons are Set to Play a Critical Role in Future Smart Factories
Most factory environments are characterized by increased worker absenteeism arising from post-related injuries resulting in Musculoskeletal Disorders (MSD). This in turn impacts the factory floor, in terms of increased costs arising from unsuitable factory environment, poor productivity and low-quality finished goods. The exoskeleton technology has...
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06 Sep 2022  |  Global  |  Megatrends
Growth Opportunities for Blockchain in Cyberwarfare and National Security
Blockchain-based Cybersecurity Solutions Force the Convergence of Governments and Private Solution Providers
The increasing frequency of attacks on national assets and the sophistication of cyberthreats threaten a nation’s ability to defend itself from cyberwarfare strategies. The expanding application of deepfake AI against dominant political figures, social media hijacks of persons of national interest, unauthorized defense network penetration, and rans...
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02 Jun 2021  |  Global  |  Megatrends
Growth Opportunities Driven by Top Trends in 2021
COVID-19 will Influence Consumption Behavior, Hyper-personalization, and Emphasis on Digital Health
As people learn to embrace uncertainty, the top trends outlined at the beginning of 2021 will bring about significant changes in the way societies work and live. Changes in user behavior patterns will trigger major growth opportunities influenced by changes in consumption and business models. Emerging advancements in technologies, such as AI and a...
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13 Nov 2017  |  North America  |  Megatrends
Transhumanism
How Humans will Think, Behave, Experience, and Perform in Future, and the Implications to Businesses
How will we define humans in future, and how will this new definition change your business? In this study, we look at the foundations of evolving humans: The augmented body—A review of wearables, implantables, and biological enhancements digs into such future technology as contact lenses that can take videos, universal language translator ear b...
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06 Sep 2021  |  Global  |  Megatrends
Trend Opportunity Profile—Digital Upskilling
Growth Opportunities in Upskilling and Reskilling the Future Workforce
In this rapidly changing work environment, upskilling allows organizations to close the talent gap and fill new and open positions while maintaining their current workforce, creating an environment of continuous learning and development. Reskilling has a longer-term impact, preparing the workforce for jobs that do not exist today. On average, about...
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28 May 2021  |  Global  |  Megatrends
Transformative Mega Trends Enabling Lights Out Manufacturing
Post-pandemic Manufacturing Shifts will Usher Future Growth Potential of ‘Lights Out’ Environment
The COVID-19 pandemic has not only hindered global manufacturing output but has also hastened the shift toward Industry 5.0. Digitalization and automation are rapidly shaping business strategy, with nearly 90% of companies embracing digital transformation in the short term. In an effort to become more resilient and shock-proof, manufacturers, espec...
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09 Sep 2015  |  Global  |  Megatrends
New and Future Business Models for Energy Utilities
Distributed Generation, Smart Technology, and Renewable Energy Drive Business Model Innovation
The traditional utility business model of a pure-play centralised power producer and provider will soon be extinct. Distributed generation (DG) will increasingly feature in new utility value propositions as utilities try to capture more downstream opportunities. These will include several models, from an aggregator of DG to providing complete energ...
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26 Sep 2022  |  Global  |  Megatrends
Global Short-term Risks that Will Impact Your Business
Top 10 Risks that You Must Consider to Future-proof Your Business
Post-pandemic, 2022 has triggered a unique set of challenges that are already causing major disruptions to business. As countries are slowly recovering from the pandemic, year 2022 has already caused severe damage to business confidence, ranging from economic slowdown, to the Russo-Ukrainian War, to supply chain disruptions, to talent shortages, to...
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30 Jul 2019  |  Global  |  Megatrends
Data Monetization, Forecast 2018–2022
Powering Innovation Through Data Monetization
An increasing number of companies are starting to build data-driven strategies to fuel growth in the upcoming data economy. Though in its nascent stages, data monetization is having a huge effect on many industry verticals. Every company will, at some stage, transform into a data company through direct or indirect approaches. However, there is a la...
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