Technology and customer value delivery key business differentiators, finds Frost & Sullivan at GIL:Asia-Pacific 2017

SINGAPORE, Oct. 30, 2017 /PRNewswire/ -- As digital transformation pervades economies and societies, companies today must incorporate digital transformation into their business and transform themselves into truly digital organizations.

Digital Disruption: Realizing Growth Potential was the underlying theme at Frost & Sullivan's annual Growth Innovation and Leadership (GIL) 2017: Asia-Pacific Congress, which took place on 26 October 2017 at the Conrad Centennial Singapore.

Highlighting the need for companies to utilize technology to drive non-linear growth in their business, Manoj Menon, Senior Partner & Asia Pacific Managing Director, Frost & Sullivan presented a thought provoking keynote session on Digital Transformation of Industries – Readying for Business and Social Impact.

"The most successful companies today are those that have transformed their businesses to grow in a non-linear way. For instance, major financial institutions today are not merely banks but technology companies delivering banking services. In addition to hiring technology employees, they are not filing patents for banking services but instead technology patents in areas such as Mobile, Data & Analytics, Cryptocurrency & Blockchain and integrating these technologies into their business to drive non-linear growth," noted Menon.

With technology as a key theme, key speakers from leading companies were invited to share their perspectives on how they grew their business, be it from the point of a unicorn or established company. Speakers for this session included Nick Nash, Group President from Sea Limited, Bijay Singh, Head, Healthcare Business Unit, DKSH and Benoit Dubarle, Senior Vice President, East Asia and Pacific, IT Division at Schneider Electric.

Other highlights of the summit included in-depth panel discussions on key trends in digital marketing today and disruptive technologies. Participants also took part in an interactive think tank moderated by Shivaji Das, Partner & Global Head of Public Sector and Government, Frost & Sullivan where they explored the evolution of customer journeys across various sectors such as Tourism, Healthcare and Technology.

Frost & Sullivan's key analysts also shared their insights in selected areas such as:

• The Fintech Effect – Embracing the Digital First Mantra
• Rethinking Business Models for Governments
• Exploring New Business Models in Healthcare
• Bridging the Divide between E-Commerce and the Physical Store
• Data Monetization Opportunities: An Automotive Perspective

The event ended with selected companies such as Darktrace, Appier and Sendhelper presenting on how they have successfully disrupted the industry or markets in which they operate.

Media partners include Asian Hospital & Healthcare Management, Asia Research News, BioSpectrum Asia, Developing Telecoms, MediaBuzz and TelcoProfessionals.

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

Media Contact:

Melissa Tan
Corporate Communications - Asia-Pacific
P: +65 6890 0926
F: +65 6890 0988
E: melissa.tan@frost.com